509, Hamilton Residency
Sold prices and rental history: sold once, by the developer in October 2023, 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 509, Hamilton Residency
What is 509 worth today?
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Source: Dubai Land Department. Updated 22 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 507 sqft
- Floor
- 5th of 16
- Parking
- B1-03
- Developer
- Deyaar
- Completed
- 2010
- Service charge
- AED 8,600 /yr
- Last sold
- AED 715K · October 2023
- Building
- Hamilton Residency
About 509, Hamilton Residency
509 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. The developer sold it on 29 October 2023 for AED 714,887, or AED 1,409 per sqft, 26% above the AED 1,118 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 22 May 2026, is AED 63,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 8,600 a year.
Sales and rents for 509 over time
509 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 509 sits
All 173 1-beds →509 last sold in October 2023 at AED 1,409 per sqft, 26% above what one-beds in Hamilton Residency were fetching at the time (AED 1,118). 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. 509's AED 63,000 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 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 | |
| 506 | 1-bed | 869 sqft | AED 996KAED 995,842 · Apr 2024April 2024 | 81,000 /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 | |
| 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 |
509, Hamilton Residency in numbers
- Sold once: by Deyaar on 29 October 2023 for AED 714,887, or AED 1,409 per sqft.
- Rented since February 2014 on 11 Ejari contracts. The rent fell from AED 38,500 to AED 34,000 in 2021 and recovered to AED 63,000 by May 2026.
- At AED 63,000 a year the gross yield on the 2023 price is 8.8%, 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 22 May 2026.
Questions about 509, Hamilton Residency
What did unit 509 last sell for?
AED 714,887 on 29 October 2023, sold by the developer: AED 1,409 per sqft for 507 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 63,000 a year on the contract signed on 22 May 2026. The previous contract, from March 2025, was AED 72,000; the unit has been rented since February 2014.
How big is unit 509?
507 sqft (47.1 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2010.
What is unit 509 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 509, Hamilton Residency
Starts from the last sale price (AED 715K, 29 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 714,887
- Deposit, UAE resident (20%)
- AED 142,977
- Deposit, non-resident (40%)
- AED 285,955
- Monthly over 25 years at 3.7%
- AED 2,925
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →