Skip to content
Dubai Wealth Index
Search
Search buildings, areas and projects by name.

Uniestate Millennium Tower

A 1 bed in Uniestate Millennium Tower costs a median AED 1.16M, rents long-let for AED 70,000/yr (6.05% gross), and returns 7.24% short-let at the assumed 80% occupancy — -2.3 pts vs Dubai Silicon Oasis's 8.36% and -0.9 pts vs Dubai's 6.98% — from 33 sales and 25 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
23 in 12 months
Rental contracts · 1 bed
9 in 12 months
Buy
1.16MAED
AED 1,049/sqft
Long-let
70,000AED
AED 59/sqft · 6.05%
Short-let
7.24%
AED 416/night · 0.37/sqft

Price per sqft: Median of 8 registered sales of ready units in the last 6 months, most recent June 2026.

Priced off the last 5 sales — most recent June 2026.

Yield spread
-2.3 pts
vs the Dubai Silicon Oasis median for this unit type
AED/yr/sqft
AED 59
Sales
33
Rental contracts
25
Short-let listings seen
1+
12 months
+0.0%
3 years
+52.2%+15.0%/yr

Based on 33 sales and 25 rental contracts in the last 24 months.

Uniestate Millennium Tower is an apartment building in Dubai Silicon Oasis, Dubai. The nearest landmark IMG World Adventures. Land Department records for it run from 2018 to 2026, 308 registered sales in all — the 33 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
StudioAED 40,0001147.17%
-1.9 pts
71
1 bedAED 70,000596.05%
-2.3 pts
25

Deltas compare each yield with the Dubai Silicon Oasis median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Uniestate Millennium Tower

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
1 bed4160.37AED 83,873AED 70,0001.2×7.24%1+

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

31 resales in the last 12 months, against 19 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
21 Jul 2026Studio343AED 557,6351,625
4 Jun 20261 bed1,100AED 1,018,856926

2 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Sept 20261 bed1,272AED 70,00055New
4 Aug 20261 bed1,101AED 70,00064New
1 Aug 2026Studio568AED 45,00079New
25 Jul 2026Studio343AED 40,000117New
4 Jul 2026Studio321AED 40,000125New
1 Jul 20261 bed1,100AED 79,78673New
15 Jun 2026Studio321AED 33,075103New
12 Jun 2026Studio321AED 38,000118Renewal
11 Jun 2026Studio321AED 20,00062New
9 Jun 2026Studio322AED 42,000131Renewal
4 Jun 2026Studio569AED 45,00079New
2 Jun 2026Studio340AED 41,000121Renewal
1 Jun 2026Studio319AED 36,000113Renewal
30 May 2026Studio347AED 38,000110Renewal

14 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
10
Flats
126
Lifts
3
Parking bays
147
Swimming pools
1
Flats per lift
42
Parking per flat
1.17
Pools per 100 flats
0.79

Nearby

Landmark
IMG World Adventures

Compare with nearby buildings

The most-traded buildings in Dubai Silicon Oasis, on the same figures over the same window.

Common questions

What is the rental yield in Uniestate Millennium Tower?
Uniestate Millennium Tower returns 6.05% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 25 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Uniestate Millennium Tower cost?
The median registered sale price is AED 1.16M (1,035 AED/sqft), from 33 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Uniestate Millennium Tower selling for right now?
Registered sales of ready units in Uniestate Millennium Tower over the last 6 months have a median of 1,049 AED/sqft, across 8 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Uniestate Millennium Tower risen or fallen?
Median price per square foot moved +9.0% over the last 12 months against the 12 before it, on 33 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Uniestate Millennium Tower compare with Dubai Silicon Oasis?
Its 6.05% gross yield sits -2.3 pts against the Dubai Silicon Oasis median of 8.36%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Uniestate Millennium Tower rental record

Record type
Building-level property market record
Data date
Evidence base
25 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/rent/apartments/dubai/dubai-silicon-oasis/uniestate-millennium-tower
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Uniestate Millennium Tower rents and yield.” Dubai Silicon Oasis, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-silicon-oasis/uniestate-millennium-tower.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.