1-bed · 906 sqftHamilton Residency, Business Bay · 15th floor · completed 2010

1511, Hamilton Residency

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1511 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 647K11 August 2015
Current rentAED 110K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1511, Hamilton Residency

What is 1511 worth today?

Last sold for AED 647,161 in 2015

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1 Jan 2026RentedRenewal
AED 110,000/yr12 months · AED 121 per sqft
1 Jan 2025RentedNew contract
AED 110,000/yr12 months · AED 121 per sqft
16 May 2021RentedNew contract
AED 65,000/yr13 months · AED 72 per sqft
15 Feb 2019RentedNew contract
AED 80,000/yr12 months · AED 88 per sqft
15 Jan 2018RentedNew contract
AED 95,000/yr12 months · AED 105 per sqft
11 Aug 2015Sold by developerReady
AED 647,161AED 714 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
15th of 16
Parking
P1-39
Developer
Deyaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 647K · August 2015

About 1511, Hamilton Residency

1511 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 11 August 2015 for AED 647,161, or AED 714 per sqft, 49% below the AED 1,396 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 110,000 a year: a gross yield of 17.0% on the 2015 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1511 over time

Sales
Unit 1511, 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 2015: AED 647,161 (AED 714 per sqft)

1511 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1511, each contractTypical one-bed in Hamilton Residency
50K100K2012201620202024Typical 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 2018: AED 95,000 a yearNew contract, February 2019: AED 80,000 a yearNew contract, May 2021: AED 65,000 a yearNew contract, January 2025: AED 110,000 a yearRenewal, January 2026: AED 110,000 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 1511 sits

All 173 1-beds →

1511 last sold in August 2015 at AED 714 per sqft, 49% below what one-beds in Hamilton Residency were fetching at the time (AED 1,396). 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. 1511's AED 110,000 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 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

1511, Hamilton Residency in numbers

  • Sold once: by Deyaar on 11 August 2015 for AED 647,161, or AED 714 per sqft.
  • Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 65,000 in 2021 and recovered to AED 110,000 by January 2026.
  • At AED 110,000 a year the gross yield on the 2015 price is 17.0%, 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 1 January 2026.

Questions about 1511, Hamilton Residency

What did unit 1511 last sell for?

AED 647,161 on 11 August 2015, sold by the developer: AED 714 per sqft for 906 sqft. It is the only registered sale of the unit.

What is the rent for unit 1511?

AED 110,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 110,000; the unit has been rented since January 2018.

How big is unit 1511?

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

What is unit 1511 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 1511, Hamilton Residency

Starts from the last sale price (AED 647K, 11 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 647,161
Deposit, UAE resident (20%)
AED 129,432
Deposit, non-resident (40%)
AED 258,864
Monthly over 25 years at 3.7%
AED 2,648

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