Millennium Binghatti Residences
by Binghatti Developers

Studios and apartments with one or two bedrooms

AED 935 K Starting price
Ready Handover
Millennium Binghatti Residencesby Binghatti Developers

Buy an Apartment in Millennium Binghatti Residences by Binghatti Developers, Business Bay

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 935,000
Location Business Bay
Handover Ready
Living Area 452 sq. ft. - 1,453 sq. ft.
Bedrooms Studios - 2 BR
Total amount of units 230
ROI 8%

A completed canal-side tower on Marasi Drive with 230 residences — studios and apartments with one or two bedrooms — served by a pool, gym, club house, creche, concierge and covered parking.

Millennium Binghatti Residences is a completed 29-storey address on Marasi Drive with 230 apartments. Current sale listings include studios from 452 sq ft, one-bedroom apartments from 813 sq ft and two-bedroom apartments from 1,395 sq ft. The design draws on the opulence of Millennium Hotels & Resorts and the mashrabiya screens of Al Fahidi, Dubai's historic Al Bastakiya quarter. Residents arrive through a hotel-inspired lobby finished in Italian marble and decorative art panels. A swimming pool, gym, club house, creche, concierge and covered parking serve the building. Every apartment has a balcony, built-in wardrobes and central air conditioning, while some larger apartments add a second balcony and terrace. The canal frontage shapes the outlook, with windows facing the Dubai Water Canal and the city skyline.

Millennium Binghatti Residences
About Millennium Binghatti Residences

Overview of Millennium Binghatti Residences by Binghatti

Prices in Millennium Binghatti Residences start at AED 935,000 for a studio, which puts a canal-facing, fully serviced Business Bay apartment within reach of first-time owners and yield-focused landlords alike.

8%

Maximum ROI

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Community

Business Bay is Dubai's central mixed-use corridor, laid out along the Dubai Water Canal, next door to Downtown Dubai and fronting Sheikh Zayed Road. Conceived in the mid-2000s as a purely commercial hub, it has grown into a blend of residential, office and hospitality towers. The mood is fast-paced and cosmopolitan, which suits expatriate professionals, corporate executives and finance or tech specialists who expect high-specification apartments. Singles and couples fit most naturally here, and the canal promenade gives the district a green, walkable counterweight to the towers above it.

Daily errands rarely require a car. Choithrams, Spinneys, Carrefour Market and West Zone sit among the tower clusters, while pharmacies and clinics operate at street level. Canal-side cafés and restaurants cover casual dining. Mediclinic City Hospital is 11 minutes away by car. Schools outside the district include JESS in Al Safa, Hartland International School, Jumeira Baccalaureate School and GEMS Jumeirah Primary. Numu, Maple Bear and Blossom nurseries serve younger children. Business Bay Metro Station, Al Khail Road and Sheikh Zayed Road support commuting, and Dubai International Airport is an 11 min drive.

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Interior

Two references shape the interiors. The overall concept reflects the opulence of Millennium Hotels & Resorts, while the detailing draws on the mashrabiya screens of Al Fahidi. Daylight therefore enters in filtered patterns rather than as flat glare. Glazing faces the canal and skyline, helping compact plans feel more open. Studios begin at 452 sq ft and combine an open living zone with a balcony that extends the usable space.

Italian marble and decorative art panels give the shared lobby its hotel-inspired finish. Inside the apartments, built-in wardrobes, central air conditioning and balcony access form the standard specification. Larger apartments add a second balcony or terrace. Two-bedroom apartments start at 1,395 sq ft, allowing more space across the kitchen, bathrooms and living areas while retaining the same canal-facing design approach.

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Infrastructure

Marasi Drive puts the canal promenade at the door. Much of the neighbourhood's casual dining lines the water, including terraces, cafés and restaurants such as Cafe Belge, with lounges like Iris open later in the evening. Everyday shopping stays within the district. Choithrams, Spinneys, Carrefour Market and West Zone Supermarket are spread among the tower clusters, so groceries are usually within walking distance. Pharmacies operate alongside them at street level.

Downtown Dubai supplies the larger retail and entertainment options, with The Dubai Mall about five minutes away by car. DIFC and Meydan are also around five minutes from the tower. Clinics in Business Bay handle routine care, while Aster Clinic Bay Square is five minutes away, Emirates Hospital two minutes away and Mediclinic City Hospital 11 minutes away. Business Bay Metro Station is a three-minute drive, buses and taxis are widely available, and RTA water services connect the canal with other parts of Dubai.

Overview

Considering a canal-side apartment as your next investment?

Amenities of Millennium Binghatti Residence

Everything residents use daily sits inside the building, from wellness and family facilities to round-the-clock service.

Swimming pool

Swimming pool

Shared gym on the pool floor

Shared gym on the pool floor

Hotel-inspired marble lobby

Hotel-inspired marble lobby

Spa facilities
Children's pool
Children's play areas
Club house
Concierge service
Creche and day care
Laundry service
24x7 security
Intercom system
Covered parking
Balconies and built-in wardrobes
Gallery

Floor Plans Millennium Binghatti Residences by Binghatti

Property Type
Bedrooms
Area
Starting Price
Apartments
Studio
from 452 sq. ft.
AED 935,000
Studio Apartments
AED 935 K 452 sq. ft.
Bathrooms Bathrooms1

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
1 Bedroom
from 796 sq. ft.
AED 1,300,000
1 Bedroom Apartments
AED 1,30 mln 796 sq. ft.
Bedrooms Bedrooms1
Bathrooms Bathrooms1

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
2 Bedrooms
from 1,453 sq. ft.
AED 1,700,000
2 Bedrooms Apartments
AED 1,70 mln 1,453 sq. ft.
Bedrooms Bedrooms2
Bathrooms Bathrooms2

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Floor Plans

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

15+
With extensive expertise in the UAE and European real estate markets, we are ready to offer you the most profitable solutions. We guarantee transparency and security at every stage of your transaction.
30%+ Profit From Resale
Our clients have achieved profits of up to 30% within just two years by reselling properties with our guidance.
200+ Exclusive Listings
Gain access to unique investment opportunities and real estate properties that are not publicly listed.
Millennium Binghatti Residences
About Us

Economic Attractiveness

Liquidity rests on a recognised pairing: a Millennium Hotels-inspired concept delivered by Binghatti Developers, in a tower that already trades actively on Dubai's main portals.

Get Full Investment Details

1,27 mln 7%

Median price (AED)

1,500 -3%

Median price per sqft (AED)

26 24%

Transactions

Source: Data taken from DXB for the last year, overview Millennium Binghatti Residences by Binghatti Developers

ROI 8%

Current asking prices in the tower average AED 1,626 per sq ft, compared with AED 2,331 per sq ft across current Business Bay listings. Buyers therefore gain canal views and a full amenity package at a lower entry rate than the district benchmark. Business Bay vacancy was below 6% in Q1 2026, supporting tenant demand. Concierge, security, a shared gym and a pool provide the service level sought by corporate tenants. Business Bay Metro Station, Al Khail Road and Sheikh Zayed Road support commuting. As the building is ready, purchases proceed as standard resale transactions in cash or with a mortgage, and owners can offer apartments for rent immediately.

Current asking prices open at AED 935,000 for a studio, AED 1,300,000 for a one-bedroom apartment and AED 1,700,000 for a two-bedroom apartment. Business Bay is a designated freehold zone, so non-UAE nationals may buy with 100% ownership and no local sponsor required.

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For Rent

Letting activity in the building is established. Annual asking rents start at AED 56,990 for a studio, AED 75,000 for a one-bedroom apartment and AED 110,000 for a two-bedroom apartment, based on live in-tower listings. Against current asking prices, gross returns reach up to 8%. Business Bay rents rose 18.2% year on year in 2025, while district vacancy fell below 6% in Q1 2026. Because the tower is ready, an owner can offer an apartment for rent as soon as the resale purchase is complete.

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For Living

Living here means arriving through an Italian marble lobby and stepping out onto the canal promenade. Layouts stay efficient: studios and apartments with one or two bedrooms, each with a balcony, built-in wardrobes and central air conditioning, several with a terrace as well. Gym and pool share a floor, the club house and creche cover family routines, and concierge with round-the-clock security handles the rest. Business Bay keeps the essentials close — supermarkets beside the towers, clinics at street level, Downtown Dubai five minutes away and the metro station for a car-free commute.

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For Resale

Owners resell a finished apartment with immediate rental potential rather than a construction promise. Business Bay was Dubai's second most transacted area in the first half of 2025, recording 6,601 district sales and providing a broad pool of prospective buyers. The tower's current asking price averages AED 1,626 per sq ft, while gross returns reach 8%. Those figures give resale buyers a clear basis for comparing entry cost and income potential.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

Project Materials of Millennium Binghatti Residences by Binghatti Developers

Project Materials

About Developer Millennium Binghatti Residences

Binghatti Developers is a family-led Dubai builder chaired by Muhammad BinGhatti and among the city's most recognisable names.

Signature Islamic geometric façades define Binghatti Residences in Business Bay and the wider portfolio, pairing accessible pricing with bold architecture. More than 60 developments had been delivered or started across Dubai and the region as of 2025, with 27 under construction and 11 further schemes in the pipeline. Collaborations with Bugatti, Jacob & Co. and Mercedes-Benz sit alongside FY2025 revenue of AED 12 billion and over 17,000 units sold that year.

Location of Millennium Binghatti Residences by Binghatti Developers

The tower rises above Marasi Drive on the Dubai Water Canal, in central Business Bay. Downtown Dubai, Dubai Mall and DIFC each sit about five minutes away by car.

Sheikh Zayed Road and Al Khail Road frame the district, providing direct routes in both directions. The Dubai Mall is about five minutes away by car, as is Meydan for racing and dining. Dubai Creek Harbour lies farther east along the water.

Business Bay Metro Station serves the district and is a three-minute drive from the building, with buses and taxis widely available. Dubai International Airport is 11 min away by car. Along the canal, expanding RTA water taxi and ferry services link Business Bay with Dubai Marina and the historic quarter.

Attractions

The Dubai
Mall

icon 5 min

Burj Khalifa

5 min

Dubai Water Canal Promenade

8 min

Health Care

Emirates
Hospital

icon 2 min

Aster Clinic Bay Square

5 min

Mediclinic City Hospital

11 min

Education

Hartland International
School

icon 9 min

Towheed Iranian Boys School

5 min

GEMS Our Own Indian School

4 min

Transportation

Dubai International
Airport

icon 11 min

Dubai Mall Metro Station

5 min

Business Bay Metro Station

3 min

General FAQs

Below are the questions buyers, tenants and investors ask most often about this tower. If something you need is not covered here, our advisers can walk you through availability, rental performance and the purchase process.

Ask a Question

Where exactly is Millennium Binghatti Residences located?

The tower stands on Marasi Drive in Business Bay, directly along the Dubai Water Canal in central Dubai. Downtown Dubai, The Dubai Mall, DIFC and Meydan are each roughly five minutes away by car, while Dubai International Airport is an 11 min drive. Business Bay Metro Station is three minutes from the building by car, with buses and taxis readily available. Sheikh Zayed Road and Al Khail Road handle longer journeys. RTA ferry and water taxi services provide another route toward Dubai Marina and the historic quarter.

Is the project ready, or still under construction?

It is ready. Construction started in September 2017 and the building was completed in June 2021, so every apartment now trades as finished resale or rental stock. Buyers inspect a real apartment rather than a show unit, and owners can either move in or put the apartment on the rental market straight away. Because the tower is handed over, purchases proceed as standard resale transactions settled in cash or through a mortgage; no construction-linked instalment schedule applies to a completed building of this kind.

What apartment types and sizes are available?

The building holds 230 residences in a compact mix of studios and apartments with one or two bedrooms — there are no three-bedroom apartments or penthouses. Among the apartments currently listed, studios open at 452 sq ft, one-bedroom apartments at 813 sq ft and two-bedroom apartments at 1,453 sq ft. Some of the larger apartments include two balconies and a terrace. Balconies, built-in wardrobes and central air conditioning are standard throughout, and floor plans favour open living zones with glazing turned toward the water.

How much does an apartment here cost?

Current asking prices begin at AED 935,000 for a studio, AED 1,300,000 for a one-bedroom apartment and AED 1,700,000 for a two-bedroom apartment. Across the tower's live sale listings, the mean asking level works out at AED 1,626 per sq ft, below the AED 2,331 per sq ft average across Business Bay listings today. Buyers therefore access a canal-facing, fully serviced apartment at a per-square-foot level noticeably under the district norm.

What rental income and yield can an owner expect?

Rents advertised inside the building start at AED 56,990 a year for a studio, AED 75,000 for a one-bedroom apartment and AED 110,000 for a two-bedroom apartment. Measured against the tower's asking prices, gross returns reach up to 8%. The surrounding market supports those numbers: Business Bay rents climbed 18.2% year-on-year through 2025 and district vacancy has since dropped below 6%. Actual performance varies by floor, view and furnishing standard, so the headline figure reflects the strongest-performing apartments rather than every one of them.

Which amenities does the building offer residents?

Facilities cover a swimming pool with a shared gym on the same floor, spa facilities, a children's pool and play areas, a club house, laundry, and a creche with day care. Service is handled by concierge staff, an intercom system and 24x7 security, and covered parking serves residents and visitors. The entrance sets the tone: a hotel-inspired lobby finished in Italian marble and hung with decorative art panels, echoing the Millennium Hotels & Resorts concept behind the building.

What views do the apartments have?

Because the tower fronts the Dubai Water Canal from Marasi Drive, apartments look over the water and across the Dubai skyline, with higher floors of the 29-storey building capturing the widest outlook. Balconies extend the living space toward those views, and a number of apartments add a second balcony or terrace. Interiors carry a local reference too: the mashrabiya screens of Al Fahidi, Dubai's historic Al Bastakiya quarter, inform the detailing and filter daylight across the rooms.

Can foreign buyers own property in Business Bay?

Yes. Business Bay is a designated freehold zone, which means non-UAE nationals may hold 100% ownership of an apartment without a local sponsor or partner. The standard 4% Dubai Land Department transfer fee applies at registration, and residential purchases are not subject to the 5% VAT that applies to commercial transactions. Buyers may fund the purchase in cash or with a mortgage from a UAE lender, and any Business Bay purchase of AED 2,000,000 or more qualifies for a Golden Visa under the rules effective after April 2026.

Who developed the tower and what is their record?

Binghatti Developers, a family-led Dubai company chaired by Muhammad BinGhatti, built the project with architectural consultant Eng. Adnan Saffarini and contractor Granada Europe Engineering Contracting Company. More than 60 developments had been delivered or begun across Dubai and the region as of 2025, with 27 under construction and 11 further schemes planned. The company reported AED 12 billion in revenue for FY2025 and sold over 17,000 units that year, alongside branded collaborations with Bugatti, Jacob & Co. and Mercedes-Benz.

Are there schools and nurseries near the building?

No schools sit within the Business Bay boundary itself, but several are close. Towheed Iranian Boys School is 1.3 km from the tower and GEMS Our Own Indian School 1.4 km away. A short drive reaches British-curriculum options including JESS in Al Safa, Hartland International School, Jumeira Baccalaureate School on Al Wasl Road and GEMS Jumeirah Primary School. For younger children, Numu Nursery, Maple Bear Nursery and Blossom Business Bay Nursery serve the immediate area.

What is daily life in Business Bay like?

The district reads as fast-paced and cosmopolitan, best suited to professionals, executives and couples who value a central base. Choithrams, Spinneys, Carrefour Market and West Zone sit within or beside the tower clusters, so weekly shopping rarely needs a car. Clinics and pharmacies operate at street level, with larger hospitals nearby. Evenings run from canal-side walks to restaurants such as Cafe Belge and lounges like Iris, and Downtown Dubai's parks, cinemas and cultural venues are a few minutes away.

How liquid is a resale here?

Business Bay ranks among Dubai's most heavily traded communities: the district recorded 6,601 transactions worth AED 22.5 billion in the first half of 2025, second only to one other area in the city. That depth of buyer activity matters when it comes time to exit. Within the tower, roughly twenty apartments are listed for sale at any moment against a much larger pool of rental listings, so stock turns over rather than sitting. Entry pricing below the district per-square-foot average widens the pool of potential buyers further.

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Millennium Binghatti Residences
Amirans Kavtaradze

List by

Amirans Kavtaradze

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Millennium Binghatti Residences

Starting Price AED 935 K

Handover Ready