1-bed · 869 sqftHamilton Residency, Business Bay · 14th floor · completed 2010

1406, Hamilton Residency

Sold prices and rental history: sold once, by the developer in January 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 1.14M21 January 2014
Current rentAED 83K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Hamilton Residency

What is 1406 worth today?

Last sold for AED 1,142,912 in 2014

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20 May 2024RentedNew contract
AED 83,000/yr12 months · AED 95 per sqft
1 Mar 2023RentedNew contract
AED 70,000/yr12 months · AED 80 per sqft
27 Jan 2021RentedNew contract
AED 48,000/yr12 months · AED 55 per sqft
20 Dec 2019RentedNew contract
AED 58,000/yr12 months · AED 67 per sqft
15 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 75 per sqft
21 Jan 2015RentedNew contract
AED 66,000/yr12 months · AED 76 per sqft
22 Jan 2014RentedNew contract
AED 55,000/yr12 months · AED 63 per sqft
21 Jan 2014Sold by developerReady
AED 1,142,912AED 1,314 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
14th of 16
Parking
P1-11
Developer
Deyaar
Completed
2010
Service charge
AED 14,700 /yr
Last sold
AED 1.14M · January 2014

About 1406, Hamilton Residency

1406 is a one-bedroom apartment of 869 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 21 January 2014 for AED 1,142,912, or AED 1,314 per sqft, in line with the AED 1,310 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 20 May 2024, is AED 83,000 a year: a gross yield of 7.3% on the 2014 price, before the service charge of about AED 14,700 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, January 2014: AED 1,142,912 (AED 1,314 per sqft)

1406 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1406, 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, January 2014: AED 55,000 a yearNew contract, January 2015: AED 66,000 a yearNew contract, November 2018: AED 65,000 a yearNew contract, December 2019: AED 58,000 a yearNew contract, January 2021: AED 48,000 a yearNew contract, March 2023: AED 70,000 a yearNew contract, May 2024: AED 83,000 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 1406 sits

All 173 1-beds →

1406 last sold in January 2014 at AED 1,314 per sqft, in line with what one-beds in Hamilton Residency were fetching at the time (AED 1,310). 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. 1406's AED 83,000 is in the upper 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
14041-bedAED 686K · May 2013
14051-bedAED 1.36M · May 2014
14071-bedAED 1.05M · Jul 2024
14081-bedAED 1.25M · Nov 2024
1–7 of 11

1406, Hamilton Residency in numbers

  • Sold once: by Deyaar on 21 January 2014 for AED 1,142,912, or AED 1,314 per sqft.
  • Rented since January 2014 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 48,000 in 2021 and recovered to AED 83,000 by May 2024.
  • At AED 83,000 a year the gross yield on the 2014 price is 7.3%, 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 20 May 2024.

Questions about 1406, Hamilton Residency

What did unit 1406 last sell for?

AED 1,142,912 on 21 January 2014, sold by the developer: AED 1,314 per sqft for 869 sqft. It is the only registered sale of the unit.

What is the rent for unit 1406?

AED 83,000 a year on the contract signed on 20 May 2024. The previous contract, from March 2023, was AED 70,000; the unit has been rented since January 2014.

How big is unit 1406?

869 sqft (80.7 sqm): a one-bedroom apartment on the 14th floor of a 16-storey tower completed in 2010.

What is unit 1406 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 1406, Hamilton Residency

Starts from the last sale price (AED 1.14M, 21 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,142,912
Deposit, UAE resident (20%)
AED 228,582
Deposit, non-resident (40%)
AED 457,165
Monthly over 25 years at 3.7%
AED 4,676

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