1-bed · 507 sqftHamilton Residency, Business Bay · 5th floor · completed 2010

504, Hamilton Residency

Sold prices and rental history: sold twice, last in September 2011, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 330K15 September 2011
Current rentAED 52K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Hamilton Residency

What is 504 worth today?

Last sold for AED 329,581 in 2011

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2024RentedRenewal
AED 52,000/yr12 months · AED 103 per sqft
1 Oct 2023RentedNew contract
AED 52,000/yr12 months · AED 103 per sqft
1 Sep 2022RentedNew contract
AED 44,000/yr12 months · AED 87 per sqft
1 Feb 2022RentedRenewal
AED 30,000/yr12 months · AED 59 per sqft
1 Feb 2021RentedRenewal
AED 30,000/yr12 months · AED 59 per sqft
1 Feb 2020RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
1 May 2019RentedNew contract
AED 45,000/yr12 months · AED 89 per sqft
15 Sep 2011SoldReady
AED 329,581AED 649 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
507 sqft
Floor
5th of 16
Parking
B1-04
Developer
Deyaar
Completed
2010
Service charge
AED 8,600 /yr
Last sold
AED 330K · September 2011

About 504, Hamilton Residency

504 is a one-bedroom apartment of 507 sqft on the 5th floor of Hamilton Residency, a 16-storey tower in Business Bay completed in 2010 by Deyaar. It last sold on 15 September 2011 for AED 329,581, or AED 649 per sqft, 49% below the AED 1,278 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 52,000 a year: a gross yield of 15.8% on the 2011 price, before the service charge of about AED 8,600 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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 634,161 (AED 1,250 per sqft)Sold, September 2011: AED 329,581 (AED 649 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in Hamilton Residency
25K50K75K2012201620202024Typical 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, May 2019: AED 45,000 a yearNew contract, February 2020: AED 40,000 a yearRenewal, February 2021: AED 30,000 a yearRenewal, February 2022: AED 30,000 a yearNew contract, September 2022: AED 44,000 a yearNew contract, October 2023: AED 52,000 a yearRenewal, October 2024: AED 52,000 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 504 sits

All 173 1-beds →

504 last sold in September 2011 at AED 649 per sqft, 49% below what one-beds in Hamilton Residency were fetching at the time (AED 1,278). 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. 504's AED 52,000 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 5th floor

All 177 units in Hamilton Residency
Value
5011-bedAED 1.09M · Mar 2014
5021-bedAED 522K · Jul 2013
5031-bedAED 673K · Apr 2016
5051-bedAED 1M · Nov 2023
5061-bedAED 996K · Apr 2024
5071-bedAED 1.35M · Nov 2025
5081-bedAED 1.38M · Dec 2025
1–7 of 11

504, Hamilton Residency in numbers

  • Sold twice: first on 9 June 2009 for AED 634,161, last on 15 September 2011 for AED 329,581 (AED 649 per sqft).
  • Rented since May 2019 on 7 Ejari contracts. The rent fell from AED 45,000 to AED 30,000 in 2022 and recovered to AED 52,000 by October 2024.
  • At AED 52,000 a year the gross yield on the 2011 price is 15.8%, 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 1 October 2024.

Questions about 504, Hamilton Residency

What did unit 504 last sell for?

AED 329,581 on 15 September 2011: AED 649 per sqft for 507 sqft. The unit has 2 registered sales; the first was AED 634,161 in June 2009.

What is the rent for unit 504?

AED 52,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 52,000; the unit has been rented since May 2019.

How big is unit 504?

507 sqft (47.1 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2010.

What is unit 504 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.

Selling 504? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 504, Hamilton Residency

Starts from the last sale price (AED 330K, 15 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 329,581
Deposit, UAE resident (20%)
AED 65,916
Deposit, non-resident (40%)
AED 131,832
Monthly over 25 years at 3.7%
AED 1,348

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