1-bed · 906 sqftHamilton Residency, Business Bay · 6th floor · completed 2010

602, Hamilton Residency

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 1.06M1 September 2023
Current rentAED 70K /yr25 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Hamilton Residency

What is 602 worth today?

Last sold for AED 1,063,203 in 2023

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1 Sep 2023SoldReady
AED 1,063,203AED 1,173 per sqft
25 Sep 2022RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
24 May 2022RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft
8 Oct 2021RentedNew contract
AED 48,000/yr12 months · AED 53 per sqft
26 May 2021RentedNew contract
AED 48,000/yr12 months · AED 53 per sqft
18 Oct 2016RentedRenewal
AED 85,000/yr12 months · AED 94 per sqft
18 Oct 2015RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft
13 May 2013Sold by developerReady
AED 1,474,757AED 1,627 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
6th of 16
Parking
P2-12 , P2-54
Developer
Deyaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 1.06M · September 2023

About 602, Hamilton Residency

602 is a one-bedroom apartment of 906 sqft on the 6th floor of Hamilton Residency, a 16-storey tower in Business Bay completed in 2010 by Deyaar. It last sold on 1 September 2023 for AED 1,063,203, or AED 1,173 per sqft, 10% above the AED 1,067 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 25 September 2022, is AED 70,000 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 15,300 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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, May 2013: AED 1,474,757 (AED 1,627 per sqft)Sold, September 2023: AED 1,063,203 (AED 1,173 per sqft)

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

Rents
Unit 602, each contractTypical one-bed in Hamilton Residency
60K80K2012201620202024Typical 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 2013: AED 52,760 a yearNew contract, October 2015: AED 85,000 a yearRenewal, October 2016: AED 85,000 a yearNew contract, May 2021: AED 48,000 a yearNew contract, October 2021: AED 48,000 a yearNew contract, May 2022: AED 50,000 a yearNew contract, September 2022: AED 70,000 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 602 sits

All 173 1-beds →

602 last sold in September 2023 at AED 1,173 per sqft, 10% above what one-beds in Hamilton Residency were fetching at the time (AED 1,067). 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. 602's AED 70,000 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 6th floor

All 177 units in Hamilton Residency
Value
6011-bedAED 996K · Apr 2024
6031-bedAED 825K · Jul 2014
6041-bedAED 320K · May 2018
6051-bedAED 1.03M · Jan 2024
6061-bedAED 1.1M · Oct 2024
6071-bedAED 1.41M · Aug 2025
6081-bedAED 1.45M · Oct 2025
1–7 of 11

602, Hamilton Residency in numbers

  • Sold twice: first on 13 May 2013 for AED 1,474,757, last on 1 September 2023 for AED 1,063,203 (AED 1,173 per sqft).
  • Rented since May 2013 on 7 Ejari contracts, from AED 52,760 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 6.6%, 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 September 2023.

Questions about 602, Hamilton Residency

What did unit 602 last sell for?

AED 1,063,203 on 1 September 2023: AED 1,173 per sqft for 906 sqft. The unit has 2 registered sales; the first was AED 1,474,757 in May 2013.

What is the rent for unit 602?

AED 70,000 a year on the contract signed on 25 September 2022. The previous contract, from May 2022, was AED 50,000; the unit has been rented since May 2013.

How big is unit 602?

906 sqft (84.2 sqm): a one-bedroom apartment on the 6th floor of a 16-storey tower completed in 2010.

What is unit 602 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 602, Hamilton Residency

Starts from the last sale price (AED 1.06M, 1 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,063,203
Deposit, UAE resident (20%)
AED 212,641
Deposit, non-resident (40%)
AED 425,281
Monthly over 25 years at 3.7%
AED 4,350

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