1-bed · 869 sqftHamilton Residency, Business Bay · 12th floor · completed 2010

1206, Hamilton Residency

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 18 August 2024
Last soldAED 1.12M22 April 2024
Current rentAED 70K /yr18 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Hamilton Residency

What is 1206 worth today?

Last sold for AED 1,120,000 in 2024

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18 Aug 2024RentedNew contract
AED 70,000/yr12 months · AED 81 per sqft
22 Apr 2024SoldReady
AED 1,120,000AED 1,288 per sqft
18 Aug 2022RentedNew contract
AED 70,000/yr12 months · AED 80 per sqft
2 Feb 2017RentedNew contract
AED 82,000/yr12 months · AED 94 per sqft
2 Feb 2016RentedRenewal
AED 64,860/yr12 months · AED 75 per sqft
2 Feb 2015RentedRenewal
AED 54,600/yr12 months · AED 63 per sqft
29 Apr 2014Sold by developerReady
AED 1,154,457AED 1,328 per sqft
2 Feb 2014RentedNew contract
AED 54,600/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 18 August 2024.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
12th of 16
Parking
P1-16
Developer
Deyaar
Completed
2010
Service charge
AED 14,700 /yr
Last sold
AED 1.12M · April 2024

About 1206, Hamilton Residency

1206 is a one-bedroom apartment of 869 sqft on the 12th floor of Hamilton Residency, a 16-storey tower in Business Bay completed in 2010 by Deyaar. It last sold on 22 April 2024 for AED 1,120,000, or AED 1,288 per sqft, 12% above the AED 1,145 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 18 August 2024, is AED 70,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 14,700 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, April 2014: AED 1,154,457 (AED 1,328 per sqft)Sold, April 2024: AED 1,120,000 (AED 1,288 per sqft)

1206 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, 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, February 2014: AED 54,600 a yearRenewal, February 2015: AED 54,600 a yearRenewal, February 2016: AED 64,860 a yearNew contract, February 2017: AED 82,000 a yearNew contract, August 2022: AED 70,000 a yearNew contract, August 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 1206 sits

All 173 1-beds →

1206 last sold in April 2024 at AED 1,288 per sqft, 12% above 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. 1206'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 12th floor

All 177 units in Hamilton Residency
Value
12011-bedAED 577K · Jun 2014
12021-bedAED 1.1M · Apr 2025
12031-bedAED 697K · Sep 2013
12041-bedAED 663K · Sep 2013
12051-bedAED 902K · Nov 2024
12071-bedAED 1.2M · Jan 2014
12081-bedAED 628K · Dec 2025
1–7 of 11

1206, Hamilton Residency in numbers

  • Sold twice: first on 29 April 2014 for AED 1,154,457, last on 22 April 2024 for AED 1,120,000 (AED 1,288 per sqft).
  • Rented since February 2014 on 6 Ejari contracts, from AED 54,600 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 14,700 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 18 August 2024.

Questions about 1206, Hamilton Residency

What did unit 1206 last sell for?

AED 1,120,000 on 22 April 2024: AED 1,288 per sqft for 869 sqft. The unit has 2 registered sales; the first was AED 1,154,457 in April 2014.

What is the rent for unit 1206?

AED 70,000 a year on the contract signed on 18 August 2024. The previous contract, from August 2022, was AED 70,000; the unit has been rented since February 2014.

How big is unit 1206?

869 sqft (80.7 sqm): a one-bedroom apartment on the 12th floor of a 16-storey tower completed in 2010.

What is unit 1206 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 1206, Hamilton Residency

Starts from the last sale price (AED 1.12M, 22 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

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