1-bed · 507 sqftHamilton Residency, Business Bay · 12th floor · completed 2010

1209, Hamilton Residency

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 9 January 2024
Last soldAED 735K9 January 2024
Current rentAED 60K /yr21 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Hamilton Residency

What is 1209 worth today?

Last sold for AED 735,000 in 2024

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9 Jan 2024SoldReady
AED 735,000AED 1,449 per sqft
21 Nov 2023RentedNew contract
AED 59,834/yr12 months · AED 118 per sqft
23 Feb 2022Sold by developerReady
AED 525,000AED 1,035 per sqft
15 Nov 2021RentedRenewal
AED 33,000/yr12 months · AED 65 per sqft
15 Nov 2020RentedNew contract
AED 30,000/yr12 months · AED 59 per sqft
6 Jul 2019RentedRenewal
AED 54,000/yr12 months · AED 107 per sqft
6 Jul 2018RentedRenewal
AED 54,000/yr12 months · AED 107 per sqft
6 Jul 2017RentedNew contract
AED 54,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 9 January 2024.

Key facts

Type
1-bed apartment
Size
507 sqft
Floor
12th of 16
Parking
B1-14
Developer
Deyaar
Completed
2010
Service charge
AED 8,600 /yr
Last sold
AED 735K · January 2024

About 1209, Hamilton Residency

1209 is a one-bedroom apartment of 507 sqft on the 12th floor of Hamilton Residency, a 16-storey tower in Business Bay completed in 2010 by Deyaar. It last sold on 9 January 2024 for AED 735,000, or AED 1,449 per sqft, 25% above the AED 1,158 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 21 November 2023, is AED 59,834 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 8,600 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, 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, February 2022: AED 525,000 (AED 1,035 per sqft)Sold, January 2024: AED 735,000 (AED 1,449 per sqft)

1209 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1209, each contractTypical one-bed in Hamilton Residency
25K50K75K2012201620202024Typical 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, July 2017: AED 54,000 a yearRenewal, July 2018: AED 54,000 a yearRenewal, July 2019: AED 54,000 a yearNew contract, November 2020: AED 30,000 a yearRenewal, November 2021: AED 33,000 a yearNew contract, November 2023: AED 59,834 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 1209 sits

All 173 1-beds →

1209 last sold in January 2024 at AED 1,449 per sqft, 25% above what one-beds in Hamilton Residency were fetching at the time (AED 1,158). 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. 1209's AED 59,834 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
12061-bedAED 1.12M · Apr 2024
12071-bedAED 1.2M · Jan 2014
1–7 of 11

1209, Hamilton Residency in numbers

  • Sold twice: first on 23 February 2022 for AED 525,000, last on 9 January 2024 for AED 735,000 (AED 1,449 per sqft).
  • Rented since July 2017 on 6 Ejari contracts. The rent fell from AED 54,000 to AED 30,000 in 2020 and recovered to AED 59,834 by November 2023.
  • At AED 59,834 a year the gross yield on the 2024 price is 8.1%, before a service charge of about AED 8,600 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 9 January 2024.

Questions about 1209, Hamilton Residency

What did unit 1209 last sell for?

AED 735,000 on 9 January 2024: AED 1,449 per sqft for 507 sqft. The unit has 2 registered sales; the first was AED 525,000 in February 2022.

What is the rent for unit 1209?

AED 59,834 a year on the contract signed on 21 November 2023. The previous contract, from November 2021, was AED 33,000; the unit has been rented since July 2017.

How big is unit 1209?

507 sqft (47.1 sqm): a one-bedroom apartment on the 12th floor of a 16-storey tower completed in 2010.

What is unit 1209 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 1209, Hamilton Residency

Starts from the last sale price (AED 735K, 9 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 735,000
Deposit, UAE resident (20%)
AED 147,000
Deposit, non-resident (40%)
AED 294,000
Monthly over 25 years at 3.7%
AED 3,007

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