506, Hamilton Residency
Sold prices and rental history: sold once, by the developer in April 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Hamilton Residency
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 869 sqft
- Floor
- 5th of 16
- Parking
- P2-02
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 14,700 /yr
- Last sold
- AED 996K · April 2024
- Building
- Hamilton Residency
About 506, Hamilton Residency
506 is a one-bedroom apartment of 869 sqft on the 5th floor of Hamilton Residency, a 16-storey tower in Business Bay completed in 2010 by Deyaar. The developer sold it on 4 April 2024 for AED 995,842, or AED 1,145 per sqft, in line with the AED 1,145 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, signed on 15 February 2025, is AED 81,000 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 14,700 a year.
Sales and rents for 506 over time
506 has sold once; 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 506 sits
All 173 1-beds →506 last sold in April 2024 at AED 1,145 per sqft, in line with 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. 506's AED 81,000 is in the upper 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 5th floor
All 177 units in Hamilton Residency| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 869 sqft | AED 1.09MAED 1,088,476 · Mar 2014March 2014 | 50,000 /yr | |
| 502 | 1-bed | 906 sqft | AED 522KAED 522,384 · Jul 2013July 2013 | ||
| 503 | 1-bed | 540 sqft | AED 673KAED 672,500 · Apr 2016April 2016 | 60,000 /yr | |
| 504 | 1-bed | 507 sqft | AED 330KAED 329,581 · Sep 2011September 2011 | 52,000 /yr | |
| 505 | 1-bed | 906 sqft | AED 1MAED 1,000,000 · Nov 2023November 2023 | 115,000 /yr | |
| 507 | 1-bed | 869 sqft | AED 1.35MAED 1,350,000 · Nov 2025November 2025 | 100,000 /yr | |
| 508 | 1-bed | 906 sqft | AED 1.38MAED 1,380,000 · Dec 2025December 2025 | 90,000 /yr | |
| 509 | 1-bed | 507 sqft | AED 715KAED 714,887 · Oct 2023October 2023 | 63,000 /yr | |
| 510 | 1-bed | 540 sqft | AED 760KAED 760,000 · Jul 2015July 2015 | 45,000 /yr | |
| 511 | 1-bed | 906 sqft | AED 950KAED 950,000 · May 2023May 2023 | 112,000 /yr | |
| 512 | 1-bed | 869 sqft | AED 1.44MAED 1,440,535 · May 2014May 2014 | 78,000 /yr |
506, Hamilton Residency in numbers
- Sold once: by Deyaar on 4 April 2024 for AED 995,842, or AED 1,145 per sqft.
- Rented since February 2014 on 12 Ejari contracts, from AED 55,000 to AED 81,000 a year.
- At AED 81,000 a year the gross yield on the 2024 price is 8.1%, 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 15 February 2025.
Questions about 506, Hamilton Residency
What did unit 506 last sell for?
AED 995,842 on 4 April 2024, sold by the developer: AED 1,145 per sqft for 869 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 81,000 a year on the contract signed on 15 February 2025. The previous contract, from August 2023, was AED 54,583; the unit has been rented since February 2014.
How big is unit 506?
869 sqft (80.7 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2010.
What is unit 506 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 506? 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.
Mortgage on 506, Hamilton Residency
Starts from the last sale price (AED 996K, 4 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 995,842
- Deposit, UAE resident (20%)
- AED 199,168
- Deposit, non-resident (40%)
- AED 398,337
- Monthly over 25 years at 3.7%
- AED 4,074
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →