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

511, Hamilton Residency

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 4 June 2025
Last soldAED 950K19 May 2023
Current rentAED 112K /yr4 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Hamilton Residency

What is 511 worth today?

Last sold for AED 950,000 in 2023

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4 Jun 2025RentedNew contract
AED 112,000/yr12 months · AED 124 per sqft
19 Dec 2023RentedNew contract
AED 93,000/yr12 months · AED 103 per sqft
1 Jun 2023RentedRenewal
AED 65,000/yr6 months · AED 72 per sqft
19 May 2023SoldReady
AED 950,000AED 1,048 per sqft
1 Jun 2022RentedRenewal
AED 57,500/yr12 months · AED 63 per sqft
1 Jun 2021RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft
5 Jun 2018RentedRenewal
AED 73,000/yr12 months · AED 81 per sqft
5 Jun 2017RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 4 June 2025.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
5th of 16
Parking
B1-52
Developer
Deyaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 950K · May 2023

About 511, Hamilton Residency

511 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 19 May 2023 for AED 950,000, or AED 1,048 per sqft, 3% above the AED 1,017 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 4 June 2025, is AED 112,000 a year: a gross yield of 11.8% on the 2023 price, before the service charge of about AED 15,300 a year.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical one-bed in Hamilton Residency
500K1M1.5M2009201420192024Typical 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, July 2009: AED 1,521,320 (AED 1,678 per sqft)Sold, May 2023: AED 950,000 (AED 1,048 per sqft)

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

Rents
Unit 511, 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 2017: AED 85,000 a yearRenewal, June 2018: AED 73,000 a yearNew contract, June 2021: AED 50,000 a yearRenewal, June 2022: AED 57,500 a yearRenewal, June 2023: AED 65,000 a yearNew contract, December 2023: AED 93,000 a yearNew contract, June 2025: AED 112,000 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 511 sits

All 173 1-beds →

511 last sold in May 2023 at AED 1,048 per sqft, 3% above what one-beds in Hamilton Residency were fetching at the time (AED 1,017). 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. 511's AED 112,000 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
5051-bedAED 1M · Nov 2023
5061-bedAED 996K · Apr 2024
5071-bedAED 1.35M · Nov 2025
1–7 of 11

511, Hamilton Residency in numbers

  • Sold twice: first on 21 July 2009 for AED 1,521,320, last on 19 May 2023 for AED 950,000 (AED 1,048 per sqft).
  • Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 50,000 in 2021 and recovered to AED 112,000 by June 2025.
  • At AED 112,000 a year the gross yield on the 2023 price is 11.8%, 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 4 June 2025.

Questions about 511, Hamilton Residency

What did unit 511 last sell for?

AED 950,000 on 19 May 2023: AED 1,048 per sqft for 906 sqft. The unit has 2 registered sales; the first was AED 1,521,320 in July 2009.

What is the rent for unit 511?

AED 112,000 a year on the contract signed on 4 June 2025. The previous contract, from December 2023, was AED 93,000; the unit has been rented since June 2017.

How big is unit 511?

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

What is unit 511 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 511, Hamilton Residency

Starts from the last sale price (AED 950K, 19 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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