3-bed · 2,370 sqftHamilton Residency, Business Bay · 16th floor · completed 2010

1603, Hamilton Residency

Sold prices and rental history: sold 4 times, last in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 28 July 2022
Last soldAED 3M28 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Hamilton Residency

What is 1603 worth today?

Last sold for AED 3,000,000 in 2022

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28 Jul 2022SoldReady
AED 3,000,000AED 1,265 per sqft
26 Jan 2015SoldReady
AED 3,450,000AED 1,455 per sqft
11 Sep 2012SoldReady
AED 3,341,957AED 1,410 per sqft
4 Apr 2010Sold by developerOff-plan
AED 3,341,957AED 1,410 per sqft

Source: Dubai Land Department. Updated 28 July 2022.

Key facts

Type
3-bed apartment
Size
2,370 sqft
Floor
16th of 16
Parking
P2-32,45
Developer
Deyaar
Completed
2010
Service charge
AED 40,100 /yr
Last sold
AED 3M · July 2022

About 1603, Hamilton Residency

1603 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 28 July 2022 for AED 3,000,000, or AED 1,265 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical three-bed in Hamilton Residency
3M3.5M2010201420182022Typical sale price by year: 2010 AED 3,651,398; 2012 AED 3,341,957Sold by developer, April 2010: AED 3,341,957 (AED 1,410 per sqft)Sold, September 2012: AED 3,341,957 (AED 1,410 per sqft)Sold, January 2015: AED 3,450,000 (AED 1,455 per sqft)Sold, July 2022: AED 3,000,000 (AED 1,265 per sqft)

1603 has sold 4 times; the dashed line is the three-bed median of each year in the building.

3-beds in Hamilton Residency, and where 1603 sits

All 4 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
28 Sep 20211,425,000
22 Nov 20182,200,000
4 Apr 20173,100,000
29 Nov 20152,900,000
0 3-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 16th floor

All 177 units in Hamilton Residency
Value
16013-bedAED 3.1M · Apr 2017
16023-bedAED 2.2M · Nov 2018
16043-bedAED 1.43M · Sep 2021

1603, Hamilton Residency in numbers

  • Sold 4 times: first on 4 April 2010 for AED 3,341,957, last on 28 July 2022 for AED 3,000,000 (AED 1,265 per sqft).

Source: Dubai Land Department. Updated 28 July 2022.

Questions about 1603, Hamilton Residency

What did unit 1603 last sell for?

AED 3,000,000 on 28 July 2022: AED 1,265 per sqft for 2,370 sqft. The unit has 4 registered sales; the first was AED 3,341,957 in April 2010.

How big is unit 1603?

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 1603 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 1603, Hamilton Residency

Starts from the last sale price (AED 3M, 28 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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