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1-bed · 507 sqftHamilton Residency, Business Bay · 7th floor · completed 2010

704, Hamilton Residency

Sold prices and rental history: sold once, by the developer in September 2013, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 4 April 2021
Last soldAED 717K26 September 2013
Current rentAED 40K /yr4 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 704, Hamilton Residency

What is 704 worth today?

Last sold for AED 716,632 in 2013

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4 Apr 2021RentedNew contract
AED 40,000/yr60 months · AED 79 per sqft
18 Mar 2016RentedNew contract
AED 63,000/yr12 months · AED 125 per sqft
26 Sep 2013Sold by developerReady
AED 716,632AED 1,412 per sqft

Source: Dubai Land Department. Updated 4 April 2021.

Key facts

Type
1-bed apartment
Size
507 sqft
Floor
7th of 16
Parking
B1-23
Developer
Deyaar
Completed
2010
Service charge
AED 8,600 /yr
Last sold
AED 717K · September 2013
Building
Hamilton Residency

About 704, Hamilton Residency

704 is a one-bedroom apartment of 507 sqft on the 7th floor of Hamilton Residency, a 16-storey tower in Business Bay completed in 2010 by Deyaar. The developer sold it on 26 September 2013 for AED 716,632, or AED 1,412 per sqft, 8% above the AED 1,304 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 4 April 2021, is AED 40,000 a year: a gross yield of 5.6% on the 2013 price, before the service charge of about AED 8,600 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, September 2013: AED 716,632 (AED 1,412 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Hamilton Residency
40K60K80K2012201620202024Typical 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, March 2016: AED 63,000 a yearNew contract, April 2021: AED 40,000 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 704 sits

All 173 1-beds →

704 last sold in September 2013 at AED 1,412 per sqft, 8% above what one-beds in Hamilton Residency were fetching at the time (AED 1,304). 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. 704's AED 40,000 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 7th floor

All 177 units in Hamilton Residency
Value
7011-bedAED 996K · Nov 2023
7021-bedAED 1.11M · Jul 2013
7031-bedAED 735K · Oct 2013
7051-bedAED 1.12M · Mar 2014
7061-bedAED 1.4M · Apr 2026
7071-bedAED 1.39M · Dec 2025
7081-bedAED 1.18M · Nov 2024
1–7 of 11

704, Hamilton Residency in numbers

  • Sold once: by Deyaar on 26 September 2013 for AED 716,632, or AED 1,412 per sqft.
  • Rented since March 2016 on 2 Ejari contracts, from AED 63,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2013 price is 5.6%, 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 4 April 2021.

Questions about 704, Hamilton Residency

What did unit 704 last sell for?

AED 716,632 on 26 September 2013, sold by the developer: AED 1,412 per sqft for 507 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 40,000 a year on the contract signed on 4 April 2021. The previous contract, from March 2016, was AED 63,000.

How big is unit 704?

507 sqft (47.1 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2010.

What is unit 704 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 704, Hamilton Residency

Starts from the last sale price (AED 717K, 26 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 716,632
Deposit, UAE resident (20%)
AED 143,326
Deposit, non-resident (40%)
AED 286,653
Monthly over 25 years at 3.7%
AED 2,932

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