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

1407, Hamilton Residency

Sold prices and rental history: sold 5 times, last in July 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.05M24 July 2024
Current rentAED 78K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Hamilton Residency

What is 1407 worth today?

Last sold for AED 1,045,000 in 2024

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10 Oct 2024RentedNew contract
AED 78,000/yr6 months · AED 89 per sqft
24 Jul 2024SoldReady
AED 1,045,000AED 1,202 per sqft
4 Jan 2023SoldReady
AED 925,000AED 1,064 per sqft
20 Sep 2022SoldReady
AED 640,000AED 736 per sqft
5 Sep 2021RentedNew contract
AED 60,000/yr12 months · AED 69 per sqft
5 Jun 2020RentedNew contract
AED 60,000/yr12 months · AED 69 per sqft
3 Jan 2017RentedRenewal
AED 84,000/yr12 months · AED 96 per sqft
3 Jan 2016RentedNew contract
AED 80,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
14th of 16
Parking
P2-22
Developer
Deyaar
Completed
2010
Service charge
AED 14,700 /yr
Last sold
AED 1.05M · July 2024

About 1407, Hamilton Residency

1407 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. It last sold on 24 July 2024 for AED 1,045,000, or AED 1,202 per sqft, 4% above the AED 1,158 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 10 October 2024, is AED 78,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 14,700 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, 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, September 2013: AED 1,219,009 (AED 1,402 per sqft)Sold, March 2014: AED 640,000 (AED 736 per sqft)Sold, September 2022: AED 640,000 (AED 736 per sqft)Sold, January 2023: AED 925,000 (AED 1,064 per sqft)Sold, July 2024: AED 1,045,000 (AED 1,202 per sqft)

1407 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, 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 53,000 a yearRenewal, January 2015: AED 75,000 a yearNew contract, January 2016: AED 80,000 a yearRenewal, January 2017: AED 84,000 a yearNew contract, June 2020: AED 60,000 a yearNew contract, September 2021: AED 60,000 a yearNew contract, October 2024: AED 78,000 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 1407 sits

All 173 1-beds →

1407 last sold in July 2024 at AED 1,202 per sqft, 4% 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. 1407's AED 78,000 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
14061-bedAED 1.14M · Jan 2014
14081-bedAED 1.25M · Nov 2024
1–7 of 11

1407, Hamilton Residency in numbers

  • Sold 5 times: first on 2 September 2013 for AED 1,219,009, last on 24 July 2024 for AED 1,045,000 (AED 1,202 per sqft).
  • Rented since January 2014 on 7 Ejari contracts, from AED 53,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2024 price is 7.5%, 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 10 October 2024.

Questions about 1407, Hamilton Residency

What did unit 1407 last sell for?

AED 1,045,000 on 24 July 2024: AED 1,202 per sqft for 869 sqft. The unit has 5 registered sales; the first was AED 1,219,009 in September 2013.

What is the rent for unit 1407?

AED 78,000 a year on the contract signed on 10 October 2024. The previous contract, from September 2021, was AED 60,000; the unit has been rented since January 2014.

How big is unit 1407?

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

What is unit 1407 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 1407, Hamilton Residency

Starts from the last sale price (AED 1.05M, 24 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,045,000
Deposit, UAE resident (20%)
AED 209,000
Deposit, non-resident (40%)
AED 418,000
Monthly over 25 years at 3.7%
AED 4,275

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