1-bed · 906 sqftHamilton Residency, Business Bay · 14th floor · completed 2010

1408, Hamilton Residency

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 21 May 2026
Last soldAED 1.25M21 November 2024
Current rentAED 50K /yr21 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Hamilton Residency

What is 1408 worth today?

Last sold for AED 1,250,000 in 2024

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21 May 2026RentedNew contract
AED 50,000/yr60 months · AED 55 per sqft
21 Nov 2024SoldReady
AED 1,250,000AED 1,379 per sqft
14 Aug 2020RentedNew contract
AED 55,000/yr12 months · AED 61 per sqft
9 Oct 2017RentedRenewal
AED 78,000/yr12 months · AED 86 per sqft
9 Oct 2016RentedNew contract
AED 86,625/yr12 months · AED 96 per sqft
9 Oct 2014RentedNew contract
AED 75,000/yr12 months · AED 83 per sqft
31 Oct 2012SoldReady
AED 1,181,807AED 1,304 per sqft
9 Jun 2009Sold by developerOff-plan
AED 1,181,807AED 1,304 per sqft

Source: Dubai Land Department. Updated 21 May 2026.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
14th of 16
Parking
P3-03
Developer
Deyaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 1.25M · November 2024

About 1408, Hamilton Residency

1408 is a one-bedroom apartment of 906 sqft on the 14th floor of Hamilton Residency, a 16-storey tower in Business Bay completed in 2010 by Deyaar. It last sold on 21 November 2024 for AED 1,250,000, or AED 1,379 per sqft, 16% above the AED 1,193 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 21 May 2026, is AED 50,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, 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, June 2009: AED 1,181,807 (AED 1,304 per sqft)Sold, October 2012: AED 1,181,807 (AED 1,304 per sqft)Sold, November 2024: AED 1,250,000 (AED 1,379 per sqft)

1408 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1408, each contractTypical one-bed in Hamilton Residency
40K60K80K2012201620202024Typical 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, October 2014: AED 75,000 a yearNew contract, October 2016: AED 86,625 a yearRenewal, October 2017: AED 78,000 a yearNew contract, August 2020: AED 55,000 a yearNew contract, May 2026: AED 50,000 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 1408 sits

All 173 1-beds →

1408 last sold in November 2024 at AED 1,379 per sqft, 16% above what one-beds in Hamilton Residency were fetching at the time (AED 1,193). 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. 1408's AED 50,000 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
14041-bedAED 686K · May 2013
14051-bedAED 1.36M · May 2014
14061-bedAED 1.14M · Jan 2014
14071-bedAED 1.05M · Jul 2024
1–7 of 11

1408, Hamilton Residency in numbers

  • Sold 3 times: first on 9 June 2009 for AED 1,181,807, last on 21 November 2024 for AED 1,250,000 (AED 1,379 per sqft).
  • Rented since October 2014 on 5 Ejari contracts, from AED 75,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 15,300 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 21 May 2026.

Questions about 1408, Hamilton Residency

What did unit 1408 last sell for?

AED 1,250,000 on 21 November 2024: AED 1,379 per sqft for 906 sqft. The unit has 3 registered sales; the first was AED 1,181,807 in June 2009.

What is the rent for unit 1408?

AED 50,000 a year on the contract signed on 21 May 2026. The previous contract, from August 2020, was AED 55,000; the unit has been rented since October 2014.

How big is unit 1408?

906 sqft (84.2 sqm): a one-bedroom apartment on the 14th floor of a 16-storey tower completed in 2010.

What is unit 1408 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 1408, Hamilton Residency

Starts from the last sale price (AED 1.25M, 21 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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