1-bed · 906 sqftHamilton Residency, Business Bay · 5th floor · completed 2010

505, Hamilton Residency

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 1M20 November 2023
Current rentAED 86K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Hamilton Residency

What is 505 worth today?

Last sold for AED 1,000,000 in 2023

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1 Feb 2026RentedRenewal
AED 86,000/yr12 months · AED 95 per sqft
1 Feb 2026RentedRenewal
AED 115,000/yr12 months · AED 127 per sqft
1 Feb 2025RentedNew contract
AED 82,000/yr12 months · AED 91 per sqft
10 Feb 2024RentedNew contract
AED 82,000/yr12 months · AED 90 per sqft
20 Nov 2023SoldReady
AED 1,000,000AED 1,103 per sqft
20 Sep 2021RentedNew contract
AED 45,000/yr12 months · AED 50 per sqft
10 Dec 2018RentedNew contract
AED 65,000/yr12 months · AED 72 per sqft
9 Jun 2017RentedRenewal
AED 90,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
5th of 16
Parking
P1-12
Developer
Deyaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 1M · November 2023

About 505, Hamilton Residency

505 is a one-bedroom apartment of 906 sqft on the 5th floor of Hamilton Residency, a 16-storey tower in Business Bay completed in 2010 by Deyaar. It last sold on 20 November 2023 for AED 1,000,000, or AED 1,103 per sqft, 4% below the AED 1,145 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 86,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 15,300 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, November 2009: AED 1,077,179 (AED 1,188 per sqft)Sold, September 2013: AED 1,077,179 (AED 1,188 per sqft)Sold, November 2023: AED 1,000,000 (AED 1,103 per sqft)

505 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 505, each contractTypical one-bed in Hamilton Residency
50K100K2012201620202024Typical 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, June 2016: AED 90,000 a yearRenewal, June 2017: AED 90,000 a yearNew contract, December 2018: AED 65,000 a yearNew contract, September 2021: AED 45,000 a yearNew contract, February 2024: AED 82,000 a yearNew contract, February 2025: AED 82,000 a yearRenewal, February 2026: AED 86,000 a yearRenewal, February 2026: AED 115,000 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 505 sits

All 173 1-beds →

505 last sold in November 2023 at AED 1,103 per sqft, 4% below what one-beds in Hamilton Residency were fetching at the time (AED 1,145). 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. 505's AED 86,000 is in the upper 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
5041-bedAED 330K · Sep 2011
5061-bedAED 996K · Apr 2024
5071-bedAED 1.35M · Nov 2025
5081-bedAED 1.38M · Dec 2025
1–7 of 11

505, Hamilton Residency in numbers

  • Sold 3 times: first on 23 November 2009 for AED 1,077,179, last on 20 November 2023 for AED 1,000,000 (AED 1,103 per sqft).
  • Rented since June 2016 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 45,000 in 2021 and recovered to AED 86,000 by February 2026.
  • At AED 86,000 a year the gross yield on the 2023 price is 8.6%, 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 1 February 2026.

Questions about 505, Hamilton Residency

What did unit 505 last sell for?

AED 1,000,000 on 20 November 2023: AED 1,103 per sqft for 906 sqft. The unit has 3 registered sales; the first was AED 1,077,179 in November 2009.

What is the rent for unit 505?

AED 86,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2026, was AED 115,000; the unit has been rented since June 2016.

How big is unit 505?

906 sqft (84.2 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2010.

What is unit 505 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 505, Hamilton Residency

Starts from the last sale price (AED 1M, 20 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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