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Dubai project data

MILLENNIUM ESTATES: rents and rent contracts

عقارات الألفية

Registered sales and rent contracts for the project MILLENNIUM ESTATES in Nad Al Shiba First, from Dubai Land Department open data.

MILLENNIUM ESTATES (Nad Al Shiba First): 34 registered rent contracts in the 12 months to September 2026, median annual rent AED 700,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
4
no comparison vs previous 12 months
Median price per sq ft
AED 1,588 per sq ft
no comparison vs previous 12 months
Median sale price
AED 20m
Off-plan share of sales
under 3
Registered rent contracts
34
Median annual rent
AED 700,000
Gross rental yield
under 3 sales
Mortgage registrations
12
Units in the register
no units in the DLD register

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Registered mortgage transactions only, without interest rates and without lenders.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in MILLENNIUM ESTATES

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready4AED 1,588 per sq ft1,334 – 1,982

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in MILLENNIUM ESTATES

Registered rent contracts
34
Median annual rent
AED 700,000
Middle range of registered annual rents: AED 560,000 – AED 900,000
Median annual rent per sq ft
AED 75 per sq ft
Gross rental yield
under 3 sales

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: fewer than 3 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in MILLENNIUM ESTATES

Unit typeSalesMedian per sq ftMedian annual rentGross yield
5 bedrooms or moreunder 3under 3AED 700,000under 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in MILLENNIUM ESTATES

MonthSalesMedian per sq ftRent contracts
Dec 2024under 3under 35
Jan 2025under 3under 33
Mar 2025under 3under 33
Aug 2025under 3under 33
Sep 2025under 3under 38
Nov 2025under 3under 34
Feb 2026under 3under 34
May 2026under 3under 35
Jun 2026under 3under 34
Aug 2026under 3under 35
Sep 2026under 3under 35
Sales per calendar year
YearSalesMedian per sq ft
201449AED 775 per sq ft
2015131AED 795 per sq ft
201646AED 775 per sq ft
201717AED 793 per sq ft
20188AED 677 per sq ft
201915AED 662 per sq ft
202015AED 644 per sq ft
202120AED 754 per sq ft
202227AED 966 per sq ft
202322AED 1,256 per sq ft
202414AED 1,344 per sq ft
20258AED 1,654 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

MILLENNIUM ESTATES is a project in the DLD area Nad Al Shiba First.

Figures for Nad Al Shiba First

Names as in the registered transactions and rent contracts; company names are not shown.

More projects in Nad Al Shiba First

Questions about MILLENNIUM ESTATES

How many sales were registered in MILLENNIUM ESTATES?
4 sales were registered in MILLENNIUM ESTATES in Oct 2025 – Sep 2026.
What is the median price per sq ft in MILLENNIUM ESTATES?
The median price of registered sales in MILLENNIUM ESTATES was AED 1,588 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in MILLENNIUM ESTATES?
The median annual rent of registered rent contracts in MILLENNIUM ESTATES was AED 700,000 in Oct 2025 – Sep 2026.
Which DLD area is MILLENNIUM ESTATES in?
MILLENNIUM ESTATES is registered in the Dubai Land Department area Nad Al Shiba First.

Method and source

All Dubai projects with figuresAll Dubai areasHow these figures are calculated

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae