1604, Hamilton Residency
Sold prices and rental history: sold 4 times, last in September 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604, Hamilton Residency
What is 1604 worth today?
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Source: Dubai Land Department. Updated 4 October 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,370 sqft
- Floor
- 16th of 16
- Parking
- P2-35,47
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 40,100 /yr
- Last sold
- AED 1.43M · September 2021
- Building
- Hamilton Residency
About 1604, Hamilton Residency
1604 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 September 2021 for AED 1,425,000, or AED 601 per sqft.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 4 October 2022, is AED 60,000 a year: a gross yield of 4.2% on the 2021 price, before the service charge of about AED 40,100 a year.
Sales and rents for 1604 over time
1604 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 1604 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 | ||
| 22 Nov 201822 November 2018 | 2,370 sqft | 2,200,000 | 928 | ||
| 4 Apr 20174 April 2017 | 2,370 sqft | 3,100,000 | 1,307 | ||
| 26 Jan 201526 January 2015 | 2,370 sqft | 3,450,000 | 1,455 |
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 Residency1604, Hamilton Residency in numbers
- Sold 4 times: first on 4 April 2010 for AED 3,341,957, last on 28 September 2021 for AED 1,425,000 (AED 601 per sqft).
- Rented since October 2021 on 2 Ejari contracts, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2021 price is 4.2%, before a service charge of about AED 40,100 a year (AED 16.91 per sqft).
Source: Dubai Land Department. Updated 4 October 2022.
Questions about 1604, Hamilton Residency
What did unit 1604 last sell for?
AED 1,425,000 on 28 September 2021: AED 601 per sqft for 2,370 sqft. The unit has 4 registered sales; the first was AED 3,341,957 in April 2010.
What is the rent for unit 1604?
AED 60,000 a year on the contract signed on 4 October 2022. The previous contract, from October 2021, was AED 60,000.
How big is unit 1604?
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 1604 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 1604, Hamilton Residency
Starts from the last sale price (AED 1.43M, 28 September 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,425,000
- Deposit, UAE resident (20%)
- AED 285,000
- Deposit, non-resident (40%)
- AED 570,000
- Monthly over 25 years at 3.7%
- AED 5,830
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →