1-bed · 906 sqftHamilton Residency, Business Bay · 10th floor · completed 2010

1008, Hamilton Residency

Sold prices and rental history: sold 4 times, last in April 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 16 April 2024
Last soldAED 1.04M16 April 2024
Current rentAED 70K /yr3 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Hamilton Residency

What is 1008 worth today?

Last sold for AED 1,040,000 in 2024

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16 Apr 2024SoldReady
AED 1,040,000AED 1,147 per sqft
3 Mar 2024RentedRenewal
AED 70,000/yr12 months · AED 77 per sqft
3 Mar 2023RentedRenewal
AED 60,500/yr12 months · AED 67 per sqft
3 Mar 2021RentedRenewal
AED 55,000/yr12 months · AED 61 per sqft
3 Mar 2020RentedNew contract
AED 55,000/yr12 months · AED 61 per sqft
5 Sep 2018RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
28 May 2016RentedRenewal
AED 85,000/yr12 months · AED 94 per sqft
28 May 2015RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 16 April 2024.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
10th of 16
Parking
B1-61
Developer
Deyaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 1.04M · April 2024

About 1008, Hamilton Residency

1008 is a one-bedroom apartment of 906 sqft on the 10th floor of Hamilton Residency, a 16-storey tower in Business Bay completed in 2010 by Deyaar. It last sold on 16 April 2024 for AED 1,040,000, or AED 1,147 per sqft, in line with the AED 1,145 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 3 March 2024, is AED 70,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical one-bed in Hamilton Residency
500K1M2009201420192024Typical sale price by year: 2009 AED 1,092,947; 2010 AED 1,158,358; 2011 AED 1,220,578; 2012 AED 761,433; 2013 AED 729,459; 2014 AED 1,174,263; 2015 AED 1,115,508; 2016 AED 866,250; 2017 AED 502,500; 2019 AED 742,500; 2022 AED 840,000; 2023 AED 950,000; 2024 AED 1,030,952; 2025 AED 1,075,000; 2026 AED 939,500Sold by developer, June 2009: AED 1,163,048 (AED 1,283 per sqft)Sold, January 2014: AED 1,238,048 (AED 1,366 per sqft)Sold, February 2014: AED 1,238,048 (AED 1,366 per sqft)Sold, April 2024: AED 1,040,000 (AED 1,147 per sqft)

1008 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1008, each contractTypical one-bed in Hamilton Residency
60K80K2012201620202024Typical rent by year: 2012 AED 48,000; 2013 AED 55,325; 2014 AED 60,000; 2015 AED 69,000; 2016 AED 78,750; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 60,000; 2020 AED 51,000; 2021 AED 47,000; 2022 AED 52,800; 2023 AED 60,500; 2024 AED 71,805; 2025 AED 74,103; 2026 AED 72,000New contract, May 2015: AED 85,000 a yearRenewal, May 2016: AED 85,000 a yearNew contract, September 2018: AED 70,000 a yearNew contract, March 2020: AED 55,000 a yearRenewal, March 2021: AED 55,000 a yearRenewal, March 2023: AED 60,500 a yearRenewal, March 2024: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Hamilton Residency, and where 1008 sits

All 173 1-beds →

1008 last sold in April 2024 at AED 1,147 per sqft, in line with what one-beds in Hamilton Residency were fetching at the time (AED 1,145). Over the last 12 months one-beds sold for AED 628,150 to 1,420,000, around AED 1,560 per sqft, and rent for AED 30,000 to 120,000 a year. 1008's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Apr 20261,400,000
25 Feb 2026820,000
3 Feb 20261,420,000
26 Jan 2026820,000
12 1-bed sales in the last 12 months

Hamilton Residency

Building

177 apartments, 1-bed to 3-bed over 16 floors in Business Bay, completed in 2010 by Deyaar. 12 sold in the last 12 months.

Typical price per sqft
AED 1,560 Up 13.1%
Typical sale
AED 1.12M
Typical rent
AED 72K /yr
Typical yield
6.3%
Hamilton Residency, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 177 units in Hamilton Residency
Value
10011-bedAED 1.18M · Feb 2014
10021-bedAED 1.14M · Feb 2014
10031-bedAED 640K · May 2024
10041-bedAED 683K · Feb 2014
10051-bedAED 1.14M · Feb 2014
10061-bedAED 1.18M · Feb 2014
10071-bedAED 1.06M · Jun 2024
1–7 of 11

1008, Hamilton Residency in numbers

  • Sold 4 times: first on 9 June 2009 for AED 1,163,048, last on 16 April 2024 for AED 1,040,000 (AED 1,147 per sqft).
  • Rented since May 2015 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 55,000 in 2021 and recovered to AED 70,000 by March 2024.
  • At AED 70,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 15,300 a year (AED 16.91 per sqft).
  • One-beds in Hamilton Residency sold for AED 628,150–1,420,000 in the 12 months to November 2026; the building's median across all types is AED 1,560 per sqft.

Source: Dubai Land Department. Updated 16 April 2024.

Questions about 1008, Hamilton Residency

What did unit 1008 last sell for?

AED 1,040,000 on 16 April 2024: AED 1,147 per sqft for 906 sqft. The unit has 4 registered sales; the first was AED 1,163,048 in June 2009.

What is the rent for unit 1008?

AED 70,000 a year on the contract renewed on 3 March 2024. The previous contract, from March 2023, was AED 60,500; the unit has been rented since May 2015.

How big is unit 1008?

906 sqft (84.2 sqm): a one-bedroom apartment on the 10th floor of a 16-storey tower completed in 2010.

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Hamilton Residency sold for AED 628,150 to 1,420,000 in the last 12 months, around AED 1,560 per sqft.

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Mortgage on 1008, Hamilton Residency

Starts from the last sale price (AED 1.04M, 16 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,000
Deposit, UAE resident (20%)
AED 208,000
Deposit, non-resident (40%)
AED 416,000
Monthly over 25 years at 3.7%
AED 4,255

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →