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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.

Satellite view of Uniestate Millennium Tower, Dubai Silicon Oasis, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

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

Against this building’s registered sales of the same type.

Ask about Uniestate Millennium Tower →

Is Uniestate Millennium Tower a good investment?Easy to let, easy to sell and little new supply nearby, with nothing to watch

  1. Does it pay a good rent?5.9% gross, 4.5% after the service charge (Dubai median 6.8%)5.9%Fair
  2. 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%.

  3. Are rents going up?New 1 bed leases: AED 68,500 a year ago, AED 70,000 now+2.2%Fair
  4. Are prices going up?1 bed: AED 1,024/sqft a year ago, 1,047 now+2.3%Fair
  5. 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
  6. Can I sell easily?25 sales in 12 months, 20% of the tower (21 the year before)25Strength
  7. 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
  8. 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

Check an asking price →How each reading works →

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

TypeMedian priceGross yieldNew rent12-month changeSales
Studio90 units · 342 sqftAED 549,3191,250/sqft7.7%-1.1 ptsAED 42,50038 contracts+22.6%7
1 bed36 units · 1,140 sqftAED 1.19M1,047/sqft5.9%-2.4 ptsAED 70,00010 contracts+2.3%18
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Dubai Silicon Oasis · area median AED 934/sqft

vs area median
+12.1%
Rank by price per sqft
18th of 62

Rental income

1 bed · Dubai Silicon Oasis

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)

Median price paid, 1 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

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%
3 years ago
842
+24%
Previous 12 months
1,024
+2%
Last 12 months
1,047
today

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.

DateTypeSqftPriceAED/sqft
21 Jul 2026Studio343AED 557,6351,625
4 Jun 20261 bed1,100AED 1,018,856926
21 May 20261 bed1,059AED 1,156,7941,093
19 May 20261 bed1,059AED 1,150,4771,087
4 May 2026Studio523AED 653,2381,250
9 Apr 20261 bed1,101AED 1,164,6781,058
2 Apr 20261 bed1,184AED 1,239,2131,047
31 Mar 20261 bed1,101AED 1,158,3481,052
27 Mar 20261 bed1,272AED 1,301,8721,024
10 Mar 2026Studio523AED 522,000999

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.

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
1 bed1+ listings seen4160.36/sqftAED 70,688AED 70,0001.0×5.9%

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.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
19Topaz Residences 2Completed 2022 · off-plan 841/sqftAED 1.05M1,090+4.1%7.2%+12.4%10
20The ImperialCompleted 2010 · off-plan 1,057/sqftAED 405,0001,077+2.9%10.9%+34.9%16
21Binghatti PointCompleted 2022 · off-plan 573/sqftAED 765,0001,071+2.3%8.2%+36.5%6
22Binghatti CrystalsAED 550,0001,057+1.0%—-3.1%33
23Uniestate Millennium Tower · this buildingCompleted 2012AED 1.16M1,0473.9%+2.3%25
24Oasis High ParkCompleted 2009AED 490,0001,046-0.1%9.4%+17.0%7
25Aura Elite44% · Q2 2026 · off-plan 1,038/sqftAED 1.42M1,031-1.5%6.1%-1.0%21
26Platinum Residence 2Completed 2015 · off-plan 905/sqftAED 1.25M1,028-1.8%6.8%+12.1%6
27Le Presidium Tower 2Completed 2016 · off-plan 675/sqftAED 830,0001,015-3.1%7.7%+7.9%6

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 activity

Planned 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 supply

Supply 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 counted
Find service-charge budget evidence for Uniestate Millennium Tower

Direct 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.

Pinned from Google's place record for the registered name.Open in Google Maps

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

  1. Uniestate Millennium TowerAED 1,047
  2. Dubai Silicon Oasis, readyAED 957
  3. Dubai Silicon Oasis, off-planAED 1,660
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Uniestate Millennium TowerDubai Silicon Oasis median building

  1. Dubai Silicon Oasis3.9% vs 8.3%
Line: the 10th to 90th percentile of 58 buildings in Dubai Silicon Oasis. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Dubai Silicon Oasis, by handover quarter

Nearby in Dubai Silicon Oasis

Prices per sq ft around Uniestate Millennium Tower, on the map
Pills show median sale price, AED. 64 buildings pinned from Google place records and Apple geocoding · Uniestate Millennium Tower is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

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 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.

Residency
More 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.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Uniestate Millennium Tower

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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.

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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
Canonical record
/sale/apartments/dubai/dubai-silicon-oasis/uniestate-millennium-tower
Method
Definitions and calculations

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