1-bed · 507 sqftHamilton Residency, Business Bay · 14th floor · completed 2010

1404, Hamilton Residency

Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 18 May 2024
Last soldAED 686K22 May 2013
Current rentAED 60K /yr18 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Hamilton Residency

What is 1404 worth today?

Last sold for AED 685,748 in 2013

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18 May 2024RentedNew contract
AED 60,000/yr12 months · AED 119 per sqft
10 Oct 2021RentedNew contract
AED 33,000/yr12 months · AED 65 per sqft
3 Sep 2020RentedRenewal
AED 33,089/yr12 months · AED 65 per sqft
3 Sep 2019RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
1 Aug 2018RentedNew contract
AED 50,000/yr12 months · AED 99 per sqft
22 May 2013Sold by developerReady
AED 685,748AED 1,352 per sqft

Source: Dubai Land Department. Updated 18 May 2024.

Key facts

Type
1-bed apartment
Size
507 sqft
Floor
14th of 16
Parking
P3-26
Developer
Deyaar
Completed
2010
Service charge
AED 8,600 /yr
Last sold
AED 686K · May 2013

About 1404, Hamilton Residency

1404 is a one-bedroom apartment of 507 sqft on the 14th floor of Hamilton Residency, a 16-storey tower in Business Bay completed in 2010 by Deyaar. The developer sold it on 22 May 2013 for AED 685,748, or AED 1,352 per sqft, 3% above the AED 1,308 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 18 May 2024, is AED 60,000 a year: a gross yield of 8.8% on the 2013 price, before the service charge of about AED 8,600 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, 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, May 2013: AED 685,748 (AED 1,352 per sqft)

1404 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1404, 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, August 2018: AED 50,000 a yearNew contract, September 2019: AED 40,000 a yearRenewal, September 2020: AED 33,089 a yearNew contract, October 2021: AED 33,000 a yearNew contract, May 2024: AED 60,000 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 1404 sits

All 173 1-beds →

1404 last sold in May 2013 at AED 1,352 per sqft, 3% above what one-beds in Hamilton Residency were fetching at the time (AED 1,308). 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. 1404's AED 60,000 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 14th floor

All 177 units in Hamilton Residency
Value
14011-bedAED 1.22M · Jun 2014
14021-bedAED 1.12M · Jun 2015
14031-bedAED 610K · Feb 2025
14051-bedAED 1.36M · May 2014
14061-bedAED 1.14M · Jan 2014
14071-bedAED 1.05M · Jul 2024
14081-bedAED 1.25M · Nov 2024
1–7 of 11

1404, Hamilton Residency in numbers

  • Sold once: by Deyaar on 22 May 2013 for AED 685,748, or AED 1,352 per sqft.
  • Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 33,000 in 2021 and recovered to AED 60,000 by May 2024.
  • At AED 60,000 a year the gross yield on the 2013 price is 8.8%, 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 18 May 2024.

Questions about 1404, Hamilton Residency

What did unit 1404 last sell for?

AED 685,748 on 22 May 2013, sold by the developer: AED 1,352 per sqft for 507 sqft. It is the only registered sale of the unit.

What is the rent for unit 1404?

AED 60,000 a year on the contract signed on 18 May 2024. The previous contract, from October 2021, was AED 33,000; the unit has been rented since August 2018.

How big is unit 1404?

507 sqft (47.1 sqm): a one-bedroom apartment on the 14th floor of a 16-storey tower completed in 2010.

What is unit 1404 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 1404, Hamilton Residency

Starts from the last sale price (AED 686K, 22 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 685,748
Deposit, UAE resident (20%)
AED 137,150
Deposit, non-resident (40%)
AED 274,299
Monthly over 25 years at 3.7%
AED 2,806

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