1-bed · 869 sqftHamilton Residency, Business Bay · 4th floor · completed 2010

407, Hamilton Residency

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 1.17M19 March 2014
Current rentAED 65K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Hamilton Residency

What is 407 worth today?

Last sold for AED 1,166,932 in 2014

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1 Aug 2026RentedNew contract
AED 65,000/yr12 months · AED 75 per sqft
5 Nov 2025RentedRenewal
AED 66,550/yr12 months · AED 76 per sqft
5 Nov 2024RentedRenewal
AED 66,550/yr12 months · AED 76 per sqft
5 Nov 2023RentedRenewal
AED 60,500/yr12 months · AED 69 per sqft
5 Nov 2022RentedNew contract
AED 55,000/yr12 months · AED 63 per sqft
1 Mar 2022RentedRenewal
AED 43,000/yr12 months · AED 49 per sqft
1 Feb 2018RentedNew contract
AED 70,000/yr12 months · AED 80 per sqft
29 Jan 2015RentedNew contract
AED 66,250/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
869 sqft
Floor
4th of 16
Parking
P1-19
Developer
Deyaar
Completed
2010
Service charge
AED 14,700 /yr
Last sold
AED 1.17M · March 2014

About 407, Hamilton Residency

407 is a one-bedroom apartment of 869 sqft on the 4th floor of Hamilton Residency, a 16-storey tower in Business Bay completed in 2010 by Deyaar. The developer sold it on 19 March 2014 for AED 1,166,932, or AED 1,342 per sqft, in line with the AED 1,355 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 August 2026, is AED 65,000 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 14,700 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, March 2014: AED 1,166,932 (AED 1,342 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Hamilton Residency
40K60K80K2012201620202024Typical 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 2013: AED 53,000 a yearRenewal, January 2014: AED 55,650 a yearNew contract, January 2015: AED 66,250 a yearNew contract, February 2018: AED 70,000 a yearRenewal, March 2022: AED 43,000 a yearNew contract, November 2022: AED 55,000 a yearRenewal, November 2023: AED 60,500 a yearRenewal, November 2024: AED 66,550 a yearRenewal, November 2025: AED 66,550 a yearNew contract, August 2026: AED 65,000 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 407 sits

All 173 1-beds →

407 last sold in March 2014 at AED 1,342 per sqft, in line with what one-beds in Hamilton Residency were fetching at the time (AED 1,355). 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. 407's AED 65,000 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 4th floor

All 177 units in Hamilton Residency
Value
4011-bedAED 996K · Jan 2024
4021-bedAED 1.03M · Jan 2024
4031-bedAED 745K · Feb 2025
4041-bedAED 660K · Feb 2025
4051-bedAED 1.03M · Jan 2024
4061-bedAED 1.15M · Feb 2013
4081-bedAED 1.46M · Dec 2024
1–7 of 11

407, Hamilton Residency in numbers

  • Sold once: by Deyaar on 19 March 2014 for AED 1,166,932, or AED 1,342 per sqft.
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 53,000 to AED 43,000 in 2022 and recovered to AED 65,000 by August 2026.
  • At AED 65,000 a year the gross yield on the 2014 price is 5.6%, before a service charge of about AED 14,700 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 August 2026.

Questions about 407, Hamilton Residency

What did unit 407 last sell for?

AED 1,166,932 on 19 March 2014, sold by the developer: AED 1,342 per sqft for 869 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 65,000 a year on the contract signed on 1 August 2026. The previous contract, from November 2025, was AED 66,550; the unit has been rented since January 2013.

How big is unit 407?

869 sqft (80.7 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2010.

What is unit 407 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 407, Hamilton Residency

Starts from the last sale price (AED 1.17M, 19 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,166,932
Deposit, UAE resident (20%)
AED 233,386
Deposit, non-resident (40%)
AED 466,773
Monthly over 25 years at 3.7%
AED 4,774

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