408, Hamilton Residency
Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Hamilton Residency
What is 408 worth today?
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Source: Dubai Land Department. Updated 9 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 906 sqft
- Floor
- 4th of 16
- Parking
- B1-51
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 15,300 /yr
- Last sold
- AED 1.46M · December 2024
- Building
- Hamilton Residency
About 408, Hamilton Residency
408 is a one-bedroom apartment of 906 sqft on the 4th floor of Hamilton Residency, a 16-storey tower in Business Bay completed in 2010 by Deyaar. It last sold on 6 December 2024 for AED 1,460,000, or AED 1,611 per sqft, 34% above the AED 1,202 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 9 December 2024, is AED 70,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 15,300 a year.
Sales and rents for 408 over time
408 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 408 sits
All 173 1-beds →408 last sold in December 2024 at AED 1,611 per sqft, 34% above what one-beds in Hamilton Residency were fetching at the time (AED 1,202). 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. 408's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Apr 202630 April 2026 | 869 sqft | 1,400,000 | 1,610 | ||
| 25 Feb 202625 February 2026 | 540 sqft | 820,000 | 1,517 | ||
| 3 Feb 20263 February 2026 | 906 sqft | 1,420,000 | 1,567 | ||
| 26 Jan 202626 January 2026 | 507 sqft | 820,000 | 1,616 |
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 4th floor
All 177 units in Hamilton Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 869 sqft | AED 996KAED 995,842 · Jan 2024January 2024 | 100,000 /yr | |
| 402 | 1-bed | 906 sqft | AED 1.03MAED 1,030,952 · Jan 2024January 2024 | 80,000 /yr | |
| 403 | 1-bed | 540 sqft | AED 745KAED 745,000 · Feb 2025February 2025 | 68,000 /yr | |
| 404 | 1-bed | 507 sqft | AED 660KAED 660,000 · Feb 2025February 2025 | 65,000 /yr | |
| 405 | 1-bed | 906 sqft | AED 1.03MAED 1,030,952 · Jan 2024January 2024 | 64,000 /yr | |
| 406 | 1-bed | 869 sqft | AED 1.15MAED 1,148,185 · Feb 2013February 2013 | 120,000 /yr | |
| 407 | 1-bed | 869 sqft | AED 1.17MAED 1,166,932 · Mar 2014March 2014 | 65,000 /yr | |
| 409 | 1-bed | 507 sqft | AED 708KAED 708,142 · Sep 2014September 2014 | 74,792 /yr | |
| 410 | 1-bed | 540 sqft | AED 375KAED 375,000 · Nov 2017November 2017 | 55,000 /yr | |
| 411 | 1-bed | 906 sqft | AED 876KAED 875,500 · May 2022May 2022 | 65,000 /yr | |
| 412 | 1-bed | 869 sqft | AED 1.3MAED 1,299,068 · Mar 2014March 2014 | 65,000 /yr |
408, Hamilton Residency in numbers
- Sold 3 times: first on 9 June 2009 for AED 1,205,255, last on 6 December 2024 for AED 1,460,000 (AED 1,611 per sqft).
- Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 48,000 in 2021 and recovered to AED 70,000 by December 2024.
- At AED 70,000 a year the gross yield on the 2024 price is 4.8%, 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 9 December 2024.
Questions about 408, Hamilton Residency
What did unit 408 last sell for?
AED 1,460,000 on 6 December 2024: AED 1,611 per sqft for 906 sqft. The unit has 3 registered sales; the first was AED 1,205,255 in June 2009.
What is the rent for unit 408?
AED 70,000 a year on the contract signed on 9 December 2024. The previous contract, from June 2022, was AED 54,000; the unit has been rented since May 2017.
How big is unit 408?
906 sqft (84.2 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2010.
What is unit 408 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 408, Hamilton Residency
Starts from the last sale price (AED 1.46M, 6 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,460,000
- Deposit, UAE resident (20%)
- AED 292,000
- Deposit, non-resident (40%)
- AED 584,000
- Monthly over 25 years at 3.7%
- AED 5,973
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →