1602, Hamilton Residency
Sold prices and rental history: sold 3 times, last in November 2018, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Hamilton Residency
What is 1602 worth today?
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Source: Dubai Land Department. Updated 22 November 2018.
Key facts
- Type
- 3-bed apartment
- Size
- 2,370 sqft
- Floor
- 16th of 16
- Parking
- P2-38 , P2-39 , B1-25 , B1-41 , B1-64
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 40,100 /yr
- Last sold
- AED 2.2M · November 2018
- Building
- Hamilton Residency
About 1602, Hamilton Residency
1602 is a three-bedroom apartment of 2,370 sqft on the 16th floor of Hamilton Residency, a 16-storey tower in Business Bay completed in 2010 by Deyaar. It last sold on 22 November 2018 for AED 2,200,000, or AED 928 per sqft.
It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 15 February 2015, is AED 150,000 a year: a gross yield of 6.8% on the 2018 price, before the service charge of about AED 40,100 a year.
Sales and rents for 1602 over time
1602 has sold 3 times; the dashed line is the three-bed median of each year in the building.
3-beds in Hamilton Residency, and where 1602 sits
All 4 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202228 July 2022 | 2,370 sqft | 3,000,000 | 1,265 | ||
| 28 Sep 202128 September 2021 | 2,370 sqft | 1,425,000 | 601 | ||
| 4 Apr 20174 April 2017 | 2,370 sqft | 3,100,000 | 1,307 | ||
| 29 Nov 201529 November 2015 | 2,370 sqft | 2,900,000 | 1,223 |
Hamilton Residency
Building177 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%
Other units on the 16th floor
All 177 units in Hamilton Residency1602, Hamilton Residency in numbers
- Sold 3 times: first on 7 June 2010 for AED 3,960,838, last on 22 November 2018 for AED 2,200,000 (AED 928 per sqft).
- Rented since February 2014 on 2 Ejari contracts, from AED 15,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2018 price is 6.8%, before a service charge of about AED 40,100 a year (AED 16.91 per sqft).
Source: Dubai Land Department. Updated 22 November 2018.
Questions about 1602, Hamilton Residency
What did unit 1602 last sell for?
AED 2,200,000 on 22 November 2018: AED 928 per sqft for 2,370 sqft. The unit has 3 registered sales; the first was AED 3,960,838 in June 2010.
What is the rent for unit 1602?
AED 150,000 a year on the contract signed on 15 February 2015. The previous contract, from February 2014, was AED 15,000.
How big is unit 1602?
2,370 sqft (220.2 sqm): a three-bedroom apartment on the 16th floor of a 16-storey tower completed in 2010.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1602, Hamilton Residency
Starts from the last sale price (AED 2.2M, 22 November 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →