UniEstate Millenium Tower, Dubai Silicon Oasis
UniEstate Millenium Tower is a residential building in the Nadd Hessa sub-area of Dubai Silicon Oasis, developed by UniEstate. Construction began in November 2015 and completed in December 2017, delivering 126 studio and one-bedroom apartments. This guide covers the building's profile, location, real Dubai Land Department sale prices and honest Airbnb income potential, with management available from Royale Stays for a fee starting from 15%. It is not the same building as Millennium Tower on Sheikh Zayed Road in Business Bay.
Developer
UniEstate
Storeys
10 (propsearch) / 13 (Bayut)
Total units
126 (studio & 1-bedroom)
Location
Dubai Silicon Oasis (Nadd Hessa)
About UniEstate Millenium Tower
UniEstate Millenium Tower is a residential building in the Nadd Hessa sub-area of Dubai Silicon Oasis, developed by UniEstate (also styled Uniestate Properties). It is a separate, unrelated building from Millennium Tower on Sheikh Zayed Road in Business Bay. Construction began in November 2015 and completed in December 2017, delivering a total of 126 studio and one-bedroom apartments.
Propsearch describes the building as 10 storeys, while Bayut states 13 storeys and a height of 172 ft; both figures are reported. The architectural consultant was Na Architects Engineering Consultancy. The plot was originally earmarked for a different, since-cancelled project named German Technology Tower before UniEstate Millenium Tower was built there instead. UniEstate is a standard Dubai residential developer with no confirmed hotel-brand or short-term-letting restriction attached to its projects, unlike a brand such as Vida Hotels and Resorts.
Developer, construction timeline and unit mix confirmed via propsearch.ae and bayut.com, 2 independent sources. Storey count differs between the two sources (10 vs. 13) and both figures are given. Architect and site-history detail sourced from propsearch.ae only (single source, minor supporting detail).
Location & Nearby Landmarks
UniEstate Millenium Tower sits in the Nadd Hessa sub-area of Dubai Silicon Oasis (DSO), close to Sheikh Mohammed Bin Zayed Road and Dubai-Al Ain Road. Nearby residential developments include Binghatti Horizons, Venezia Residence, Binghatti Vista, Suntech Tower and The Blue Oasis. The building has two ground-floor outlets of its own: Icons Coffee Couture, a coffee shop, and Waffle & Crepe, a desserts and breakfast spot, confirmed by both propsearch and Bayut.
Families are well served: Indian International School (0.7 km) and Al Fanar School (1.4 km) are both close by, with Rugby School Dubai and Kent College Dubai around 1.6 km away. Repton School Dubai and GEMS Modern Academy are also nearby and rated among the top-performing schools in the area. Everyday shopping is covered by Carrefour, West Zone Fresh Supermarket and Choithrams. Dining options nearby include Napoli Express (right next to the tower), Mud Pot Restaurant and Cafeteria, Taco Barrio, the vegetarian-friendly Sarhad Darbar, and Russo's New York Pizzeria. For wider leisure, IMG Worlds of Adventure (6.9 km) and Global Village (8.9 km) are both a short drive away. For the wider Dubai short-term rental picture beyond this one building, see Royale Stays' full guide to Airbnb property management in Dubai.
Sub-area, nearby-building and landmark detail sourced from propsearch.ae's DLD-linked transaction data (Area: Nadd Hessa, Master Project: Silicon Oasis) and bayut.com's Building Guide (Nearby Buildings, Schools, Restaurants, Supermarkets and Major Landmarks sections).
Unit Types
UniEstate Millenium Tower comprises studio and one-bedroom apartments only, confirmed by Bayut's Building Guide and by the building's own recent Dubai Land Department transaction records, none of which show a 2-bedroom sale. Bayut's Building Guide states studio units of roughly 319 to 550 sq ft and 1-bedroom units of roughly 1,150 to 1,200 sq ft. Real Dubai Land Department transaction records show somewhat different sizes actually changing hands: studios of 343 to 523 sq ft, and 1-bedroom units of 1,059 to 1,185 sq ft.
General size ranges sourced from bayut.com's Building Guide (single source). Actual transacted sizes checked against propsearch.ae's own Latest Transactions table, which is tied directly to individual Dubai Land Department-registered records. The two do not fully agree.
Amenities
UniEstate Millenium Tower offers a rooftop outdoor swimming pool and an equipped gym on the top floor, three high-speed elevators, CCTV surveillance with gated security, 24-hour concierge and front-desk service, and 145 basement and podium parking spaces.
Amenities sourced from bayut.com's Building Guide Facilities section (single source, detailed and internally consistent across the page).
Transportation & Access
By car, it takes roughly 21 minutes from UniEstate Millenium Tower to Dubai Mall, 31 minutes to Palm Jumeirah, 31 minutes to Burj Al Arab and 35 minutes to The Walk at JBR. Dubai International Airport (DXB) is around 17 minutes' drive, and the new Al Maktoum International Airport is around 39 minutes' drive. Locally, the nearest bus stop is about 3 minutes away at Silicon Oasis Headquarter, served by bus routes 50, 365 and X25, with Sheikh Mohammed Bin Zayed Road and Dubai-Al Ain Road both close by for drivers.
Drive times sourced from propsearch.ae's Transport & Access section (Google Maps-calculated, fastest route in typical traffic). Bus stop and route detail sourced from bayut.com's Building Guide Transportation section.
Sale Price Trends
PropertyFinder's own building-level market data for UniEstate Millenium Tower shows an average sale price of around AED 1,004,766 and an average price of around AED 1,120 per sq ft, based on 28 recorded transactions and up 17.5% year on year.
A recorded Dubai Land Department sale in April 2026 was a 1-bedroom unit at AED 1,164,678. A separate record often cited for this building, a AED 1,172,000 figure on a 1,185 sq ft 1-bedroom unit, is a mortgage registration rather than a sale transaction, and is not used here as a sale price. Use Royale Stays' Dubai property ROI calculator to estimate returns against a specific purchase price.
Average sale price and price per sq ft sourced from propertyfinder.ae's own building-level insight data for UniEstate Millenium Tower (URL path confirms building-level, not area-wide). Individual sale transactions sourced from propsearch.ae's Latest Transactions table (Sales transaction group only; the AED 1,172,000 / 1,185 sq ft record is explicitly labelled Transaction Group: Mortgages, Transaction Type: Mortgage Registration on the same page, and is excluded from the sales figures above).
Airbnb & Short-Term Rental Income Potential
Dubai Silicon Oasis is not currently one of Royale Stays' five core managed areas (Palm Jumeirah, Dubai Marina, Downtown Dubai, JBR and Business Bay), so this guide does not claim a Royale Stays management track record at UniEstate Millenium Tower specifically. UniEstate is a standard residential developer rather than a restricted hotel brand, so there is no confirmed policy barrier to running a licensed holiday home in the building.
Every short-term rental in Dubai requires a DTCM holiday home permit. Royale Stays can arrange the permit application and manage the day-to-day operation, including for owners based overseas, through a service starting from 15% covering furnishing, photography, pricing, check-in and guest communications. See Royale Stays' Airbnb management services, its Dubai holiday home permit guide, or submit your property to get started.
Questions