1-bed · 507 sqftHamilton Residency, Business Bay · 15th floor · completed 2010

1509, Hamilton Residency

Sold prices and rental history: sold 4 times, last in January 2025, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 6 January 2025
Last soldAED 810K6 January 2025
Current rentAED 55K /yr5 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, Hamilton Residency

What is 1509 worth today?

Last sold for AED 810,000 in 2025

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6 Jan 2025SoldReady
AED 810,000AED 1,597 per sqft
5 Feb 2020RentedRenewal
AED 55,000/yr12 months · AED 109 per sqft
5 Feb 2019RentedNew contract
AED 60,000/yr12 months · AED 119 per sqft
1 Feb 2018RentedNew contract
AED 65,000/yr12 months · AED 128 per sqft
7 Aug 2017SoldReady
AED 385,000AED 759 per sqft
24 Aug 2010Sold by developerOff-plan
AED 506,265AED 998 per sqft
24 Aug 2010SoldOff-plan
AED 506,265AED 998 per sqft

Source: Dubai Land Department. Updated 6 January 2025.

Key facts

Type
1-bed apartment
Size
507 sqft
Floor
15th of 16
Parking
B-62
Developer
Deyaar
Completed
2010
Service charge
AED 8,600 /yr
Last sold
AED 810K · January 2025

About 1509, Hamilton Residency

1509 is a one-bedroom apartment of 507 sqft on the 15th floor of Hamilton Residency, a 16-storey tower in Business Bay completed in 2010 by Deyaar. It last sold on 6 January 2025 for AED 810,000, or AED 1,597 per sqft, 33% above the AED 1,202 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 5 February 2020, is AED 55,000 a year: a gross yield of 6.8% on the 2025 price, before the service charge of about AED 8,600 a year.

Sales and rents for 1509 over time

Sales
Unit 1509, 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, August 2010: AED 506,265 (AED 998 per sqft)Sold, August 2010: AED 506,265 (AED 998 per sqft)Sold, August 2017: AED 385,000 (AED 759 per sqft)Sold, January 2025: AED 810,000 (AED 1,597 per sqft)

1509 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1509, 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, February 2018: AED 65,000 a yearNew contract, February 2019: AED 60,000 a yearRenewal, February 2020: AED 55,000 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 1509 sits

All 173 1-beds →

1509 last sold in January 2025 at AED 1,597 per sqft, 33% above what one-beds in Hamilton Residency were fetching at the time (AED 1,202). 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. 1509's AED 55,000 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 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
15081-bedAED 1.46M · Oct 2014
1–7 of 10

1509, Hamilton Residency in numbers

  • Sold 4 times: first on 24 August 2010 for AED 506,265, last on 6 January 2025 for AED 810,000 (AED 1,597 per sqft).
  • Rented since February 2018 on 3 Ejari contracts, from AED 65,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2025 price is 6.8%, 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 6 January 2025.

Questions about 1509, Hamilton Residency

What did unit 1509 last sell for?

AED 810,000 on 6 January 2025: AED 1,597 per sqft for 507 sqft. The unit has 4 registered sales; the first was AED 506,265 in August 2010.

What is the rent for unit 1509?

AED 55,000 a year on the contract renewed on 5 February 2020. The previous contract, from February 2019, was AED 60,000; the unit has been rented since February 2018.

How big is unit 1509?

507 sqft (47.1 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2010.

What is unit 1509 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 1509, Hamilton Residency

Starts from the last sale price (AED 810K, 6 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

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