Home
Dubai prices
About
Research
1-bed · 906 sqftHamilton Residency, Business Bay · 15th floor · completed 2010

1508, Hamilton Residency

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

Unit 1508 · DLD and Ejari recordsUpdated 1 October 2014
Last soldAED 1.46M1 October 2014
Current rentAED 67K /yr10 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1508

Property timeline for 1508, Hamilton Residency

What is 1508 worth today?

Last sold for AED 1,458,406 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2014Sold by developerReady
AED 1,458,406AED 1,609 per sqft
10 May 2014RentedNew contract
AED 66,700/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 1 October 2014.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
15th of 16
Parking
P2-27
Developer
Deyaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 1.46M · October 2014
Building
Hamilton Residency

About 1508, Hamilton Residency

1508 is a one-bedroom apartment of 906 sqft on the 15th floor of Hamilton Residency, a 16-storey tower in Business Bay completed in 2010 by Deyaar. The developer sold it on 1 October 2014 for AED 1,458,406, or AED 1,609 per sqft, 18% above the AED 1,366 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 May 2014. The current contract, signed on 10 May 2014, is AED 66,700 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, each saleTypical one-bed in Hamilton Residency
500K1M1.5M2009201420192024Typical 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, October 2014: AED 1,458,406 (AED 1,609 per sqft)

1508 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1508, 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, May 2014: AED 66,700 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 1508 sits

All 173 1-beds →

1508 last sold in October 2014 at AED 1,609 per sqft, 18% above what one-beds in Hamilton Residency were fetching at the time (AED 1,366). 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. 1508's AED 66,700 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 15th floor

All 177 units in Hamilton Residency
Value
15011-bedAED 577K · Apr 2014
15021-bedAED 1.15M · Mar 2025
15031-bedAED 967K · Jul 2014
15041-bedAED 720K · Jul 2013
15051-bedAED 950K · Oct 2019
15071-bedAED 1.22M · Apr 2014
15091-bedAED 810K · Jan 2025
1–7 of 10

1508, Hamilton Residency in numbers

  • Sold once: by Deyaar on 1 October 2014 for AED 1,458,406, or AED 1,609 per sqft.
  • Rented since May 2014 on one Ejari contract, at AED 66,700 a year.
  • At AED 66,700 a year the gross yield on the 2014 price is 4.6%, 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 1 October 2014.

Questions about 1508, Hamilton Residency

What did unit 1508 last sell for?

AED 1,458,406 on 1 October 2014, sold by the developer: AED 1,609 per sqft for 906 sqft. It is the only registered sale of the unit.

What is the rent for unit 1508?

AED 66,700 a year on the contract signed on 10 May 2014.

How big is unit 1508?

906 sqft (84.2 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2010.

What is unit 1508 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.

Selling 1508? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1508, Hamilton Residency

Starts from the last sale price (AED 1.46M, 1 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,458,406
Deposit, UAE resident (20%)
AED 291,681
Deposit, non-resident (40%)
AED 583,362
Monthly over 25 years at 3.7%
AED 5,967

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