Millennium Tower, Business Bay
Millennium Tower is a 60-storey residential building on Sheikh Zayed Road in the Business Bay area of Dubai, designed by WS Atkins & Partners and completed in 2006. The tower holds 407 freehold apartments, a mix of 2 and 3-bedroom layouts. Royale Stays manages the setup, pricing and guest side of listing a unit here for a fee starting from 15%.
Location
Sheikh Zayed Road, Business Bay
Storeys
60
Architect
WS Atkins & Partners
Completed
2006
Units
407 (2BR, 3BR)
About the Building
Millennium Tower rises 285 metres above Sheikh Zayed Road in Dubai's Business Bay area, a 60-storey residential building designed by WS Atkins & Partners and completed in 2006. It is not connected to Millennium Binghatti Residence, a separate and more recently built apartment tower elsewhere in Business Bay, or to the several Millennium-branded hotels found along this stretch of Sheikh Zayed Road. Millennium Tower is a standalone freehold residential building.
This guide covers the Millennium Tower on Sheikh Zayed Road in Business Bay only, not the separate Uniestate Millennium Tower in Dubai Silicon Oasis, or the unrelated Millennium Tower in Abu Dhabi.
Location & Nearby Landmarks
Millennium Tower sits directly on Sheikh Zayed Road, one of Dubai's most established addresses, close to the Dubai World Trade Centre, Emirates Towers and the wider DIFC business district. The building is a short distance from the edge of Business Bay's canal-front core.
Royale Stays also manages short-term rentals at other buildings along this Sheikh Zayed Road/Al Habtoor City corridor, including Meera Tower, Amna Tower and J One, all genuine neighbours in the same stretch of Business Bay.
Unit Types
Millennium Tower holds 407 apartments in total, split between 301 three-bedroom units and 106 two-bedroom units. There are no studio or one-bedroom apartments in the building. Building services occupy dedicated floors at the 10th, 30th and 50th levels, with retail space on the ground floor and mezzanine.
Amenities
Residents have access to a rooftop swimming pool, a gymnasium, squash courts and changing rooms, along with a dedicated multi-storey car park.
Transportation & Access
Millennium Tower's Sheikh Zayed Road position puts residents close to the Dubai Metro's Red Line, with easy access along the city's main artery toward Downtown Dubai, DIFC and the Business Bay canal-front district.
Rental & Price Trends
Reliable, current resale and rental pricing specific to Millennium Tower was not independently verified to building-specific confidence during this research pass. The Sheikh Zayed Road corridor remains one of Dubai's most established freehold submarkets. Owners weighing a specific unit's numbers can run their own scenario through Royale Stays' ROI calculator.
Airbnb / Short-Term Rental Income Potential
Business Bay and the Sheikh Zayed Road corridor form an established, actively-booked short-term rental submarket in Dubai. Millennium Tower's freehold status means there is no confirmed prohibition on holiday-home letting here, unlike Vida-branded buildings, which are the only confirmed exception under Royale Stays' permit policy.
Royale Stays' Airbnb management services, furnishing, photography, dynamic pricing, guest communications, check-in and maintenance coordination, are available from a management fee starting at 15%. Owners ready to move forward can submit their property directly.
Income context reviewed by Chris Veinbaums, DTCM-licensed operator.
Questions