1-bed · 507 sqftHamilton Residency, Business Bay · 4th floor · completed 2010

409, Hamilton Residency

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 10 November 2024
Last soldAED 708K10 September 2014
Current rentAED 75K /yr10 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Hamilton Residency

What is 409 worth today?

Last sold for AED 708,142 in 2014

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10 Nov 2024RentedNew contract
AED 74,792/yr12 months · AED 148 per sqft
13 Oct 2023RentedNew contract
AED 75,000/yr12 months · AED 148 per sqft
27 Aug 2019RentedRenewal
AED 50,000/yr12 months · AED 99 per sqft
27 Aug 2018RentedNew contract
AED 50,000/yr12 months · AED 99 per sqft
10 Sep 2014SoldReady
AED 708,142AED 1,396 per sqft
9 Jun 2009Sold by developerOff-plan
AED 658,142AED 1,297 per sqft

Source: Dubai Land Department. Updated 10 November 2024.

Key facts

Type
1-bed apartment
Size
507 sqft
Floor
4th of 16
Parking
B1-01
Developer
Deyaar
Completed
2010
Service charge
AED 8,600 /yr
Last sold
AED 708K · September 2014

About 409, Hamilton Residency

409 is a one-bedroom apartment of 507 sqft on the 4th floor of Hamilton Residency, a 16-storey tower in Business Bay completed in 2010 by Deyaar. It last sold on 10 September 2014 for AED 708,142, or AED 1,396 per sqft, in line with the AED 1,366 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 10 November 2024, is AED 74,792 a year: a gross yield of 10.6% on the 2014 price, before the service charge of about AED 8,600 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, June 2009: AED 658,142 (AED 1,297 per sqft)Sold, September 2014: AED 708,142 (AED 1,396 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Hamilton Residency
60K80K2012201620202024Typical 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, August 2018: AED 50,000 a yearRenewal, August 2019: AED 50,000 a yearNew contract, October 2023: AED 75,000 a yearNew contract, November 2024: AED 74,792 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 409 sits

All 173 1-beds →

409 last sold in September 2014 at AED 1,396 per sqft, in line with what one-beds in Hamilton Residency were fetching at the time (AED 1,366). 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. 409's AED 74,792 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
4071-bedAED 1.17M · Mar 2014
1–7 of 11

409, Hamilton Residency in numbers

  • Sold twice: first on 9 June 2009 for AED 658,142, last on 10 September 2014 for AED 708,142 (AED 1,396 per sqft).
  • Rented since August 2018 on 4 Ejari contracts, from AED 50,000 to AED 74,792 a year.
  • At AED 74,792 a year the gross yield on the 2014 price is 10.6%, before a service charge of about AED 8,600 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 10 November 2024.

Questions about 409, Hamilton Residency

What did unit 409 last sell for?

AED 708,142 on 10 September 2014: AED 1,396 per sqft for 507 sqft. The unit has 2 registered sales; the first was AED 658,142 in June 2009.

What is the rent for unit 409?

AED 74,792 a year on the contract signed on 10 November 2024. The previous contract, from October 2023, was AED 75,000; the unit has been rented since August 2018.

How big is unit 409?

507 sqft (47.1 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2010.

What is unit 409 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 409, Hamilton Residency

Starts from the last sale price (AED 708K, 10 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 708,142
Deposit, UAE resident (20%)
AED 141,628
Deposit, non-resident (40%)
AED 283,257
Monthly over 25 years at 3.7%
AED 2,897

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