Uniestate Millennium Tower
- Completed 2012
- 126 units
- 10 floors
- 3 lifts
- 147 parking bays
- 1 pool
A 1 bed in Uniestate Millennium Tower costs a median AED 1.19M, rents long-let for AED 70,000/yr (5.9% gross), and returns 5.9% short-term at the assumed 70% occupancy.
1 bed · typical price
1.19MAED
AED 1,047/sqft · +2.3% on a year
- Rent a year
- AED 70,000
- Yield after service charge
- 4.5%
- vs Dubai Silicon Oasis
- 12% above the median
Cost to buy, all inAED 1.27M
- Price
- AED 1.19M
- DLD fee 4%
- AED 47,732
- Agent 2% + VAT
- AED 25,059
- Trustee
- AED 4,200
Fees repaid by net rent17 months
Is Uniestate Millennium Tower a good investment?Easy to let, easy to sell and little new supply nearby, with nothing to watch
- Does it pay a good rent?5.9% gross, 4.5% after the service charge (Dubai median 6.8%)5.9%Fair
- Is it easy to let?65% of units signed a yearly lease in 12 months; the typical Dubai Silicon Oasis building manages 62%65%Strength
Dubai Silicon Oasis median 62% · top tenth from 91%Uniestate Millennium Tower · 65% Across 46 Dubai Silicon Oasis buildings with 40 or more units, the median signed annual leases on 62% of units in 12 months and the top tenth on 91% or more; Uniestate Millennium Tower is at 65%.
- Are rents going up?New 1 bed leases: AED 68,500 a year ago, AED 70,000 now+2.2%Fair
- Are prices going up?1 bed: AED 1,024/sqft a year ago, 1,047 now+2.3%Fair
- How fast do fees pay back?AED 76,991 in fees to buy a 1 bed; net rent covers it in 1.4 years1.4 yrsFair
- Can I sell easily?25 sales in 12 months, 20% of the tower (21 the year before)25Strength
- Is a lot being built nearby?3,069 apartments are planned in Dubai Silicon Oasis from 2026 to 2028, equal to 20% of the 15,328 homes let there today. A further 790 are past their planned date. Dubai Silicon Oasis supply by year →20%Strength
- Did earlier buyers gain?Up 6% for buyers 5 years ago, before fees+5.5%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Uniestate Millennium Tower prices and rents by unit typeA one-bed costs about AED 1.19M and rents for about AED 70,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Dubai Silicon Oasis · area median AED 934/sqft
- 12-month change
- +2.3%
- vs area median
- +12.1%
- Rank by price per sqft
- 18th of 62
Rental income
1 bed · Dubai Silicon Oasis
- Gross yield
- 5.9%
- Median new rent
- AED 70,000/yr
- Yield vs area median
- -2.4 pts
- Yield vs Dubai (6.8%)
- -0.9 pts
- Yield rank
- 46th of 48
Short-term income
1 bed · 70% occupancy · 7-night stays
- Median nightly rate
- AED 416
- Net revenue
- AED 70,688/yr
- vs long-let rent
- 1.0×
- Listings seen
- 1+
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, 1 bed: Sep 2024, AED 1,103,711; latest, Jun 2026, AED 1,086,246; peak, Mar 2026, AED 1,251,909. Rent on new leases: Aug 2018, AED 54,000 a year; latest, Oct 2026, AED 73,500.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,047 · before fees
- 5 years ago
- 992
- +6%
- 2 sales
- 3 years ago
- 842
- +24%
- 17 sales
- Previous 12 months
- 1,024
- +2%
- 21 sales
- Last 12 months
- 1,047
- today
- 25 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
25 resales in the last 12 months, against 19 a year on average over 2023–2025.
25 resales in the last 12 months.
Short-term rates around Uniestate Millennium Tower
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Comparables in Dubai Silicon Oasis
Every Dubai Silicon Oasis building with a page, ranked by price per sqft over the same 12 months, all unit types. Uniestate Millennium Tower places 23rd of 73; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Uniestate Millennium Tower (AED 1,047/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Uniestate Millennium Tower has registered sale prices 12% above the Dubai Silicon Oasis median price per square foot of 934 AED, across 62 eligible buildings. It ranks 18th of 62 by price per square foot and 46th of 48 by gross yield in Dubai Silicon Oasis.
Market context in Dubai Silicon Oasis
Registered sales activity
1,110 ready apartment sales in the 12 months to 2026-10-12.
+11.5% in median AED/sqft versus the preceding year, supported by 1,110 current and 1,365 prior price observations.
Explore sales activityPlanned apartment projects
238 known registered units across 2 pending projects planned within one year of the 2026-07-06 register.
2 projects had already passed their planned date; 0 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
3,069 apartments are planned in Dubai Silicon Oasis from 2026 to 2028, equal to 20% of the 15,328 homes let there today.
Ready prices per sqft fell in 7% of 55 buildings (counted once per bedroom type) in Dubai Silicon Oasis with sales in both years; the typical one moved +8.7%.
New-lease rents fell in 24% of 76 buildings (counted once per bedroom type) with leases in both years; the typical one moved +0.9%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Uniestate Millennium Tower
Uniestate Millennium Tower is an apartment building completed in 2012 in Dubai Silicon Oasis with 126 registered units. 154 sales are registered with the Dubai Land Department.
The building, as registered
- Service charge
- AED 14.65/sqft a year · 2026 budget
- Floors
- 10
- Lifts
- 3
- Parking bays
- 147
- Pools
- 1
Drive times · typical
- Downtown
- 21 min · 18 km
- DXB Airport
- 17 min · 20 km
- DIFC
- 17 min · 19 km
- Dubai Marina
- 27 min · 33 km
- Palm Jumeirah
- 33 min · 37 km
Nearest, as registered
- Landmark
- IMG World Adventures
Uniestate Millennium Tower: AED 1,047 per sq ft, 9% above the median Dubai Silicon Oasis building, and a 3.9% gross yield, in the bottom tenth of the area
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Uniestate Millennium TowerAED 1,047
- Dubai Silicon Oasis, readyAED 957
- Dubai Silicon Oasis, off-planAED 1,660
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Uniestate Millennium TowerDubai Silicon Oasis median building
- Dubai Silicon Oasis3.9% vs 8.3%
Nearby in Dubai Silicon Oasis
Prices per sq ft around Uniestate Millennium Tower, on the mapPrices per sq ft around Uniestate Millennium Tower, on the map
Timez By Danube
Dubai Silicon Oasis · 361 sales, 12 months
1.14M
AED, resale median · 1,943/sqft
Silicon Star 2
Dubai Silicon Oasis · 95 sales, 12 months
861,821
AED, resale median · 938/sqft
Tria by Deyaar
Dubai Silicon Oasis · 90 sales, 12 months
997,500
AED, resale median · 1,323/sqft
Silicon Gates 1
Dubai Silicon Oasis · 74 sales, 12 months
541,106
AED, resale median · 865/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedOn record
- Rental evidence · 1 bedOn record
- Service chargeAED 14.65/sqft a year, 2026 owners-association budget; 4.5% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- Short-term assumptionRead with care
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Uniestate Millennium Tower’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 5,306AED
- 4.5% over 25 years
- Monthly rent
- 5,833AED
- AED 70,000 a year
- Cash needed at purchase
- 330,584AED
- 20% down plus AED 91,924 in fees
Owning costs AED 239,651 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Uniestate Millennium Tower?
- Uniestate Millennium Tower returns 5.9% gross: a median new-contract rent of AED 70,000 a year (10 Ejari contracts in 12 months) over a price benchmark of AED 1.19M (median of 18 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in Uniestate Millennium Tower cost?
- The median registered sale price is AED 1.19M (1,047 AED/sqft), from 18 Dubai Land Department sales in the last 12 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 12 months have a median of 1,047 AED/sqft, across 18 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in Uniestate Millennium Tower risen or fallen?
- Median price per square foot moved +2.3% over the last 12 months against the 12 before it, on 18 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does Uniestate Millennium Tower compare with Dubai Silicon Oasis?
- Its 5.9% gross yield sits -2.4 pts against the Dubai Silicon Oasis median of 8.3%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
For agents
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Uniestate Millennium Tower sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 18 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
Cite as: Dubai Wealth Index. “Uniestate Millennium Tower sale prices and yield.” Dubai Silicon Oasis, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-silicon-oasis/uniestate-millennium-tower
Stable dataJSON