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

709, Hamilton Residency

Sold prices and rental history: sold 3 times, last in September 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 30 January 2024
Last soldAED 425K18 September 2014
Current rentAED 60K /yr30 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Hamilton Residency

What is 709 worth today?

Last sold for AED 425,000 in 2014

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30 Jan 2024RentedRenewal
AED 60,000/yr12 months · AED 119 per sqft
30 Jan 2023RentedNew contract
AED 55,000/yr12 months · AED 109 per sqft
16 Jun 2018RentedNew contract
AED 50,000/yr12 months · AED 99 per sqft
18 Sep 2014SoldReady
AED 425,000AED 837 per sqft
10 Sep 2014RentedNew contract
AED 45,000/yr12 months · AED 89 per sqft
16 Dec 2012SoldReady
AED 702,813AED 1,385 per sqft
9 Jun 2009Sold by developerOff-plan
AED 652,813AED 1,287 per sqft

Source: Dubai Land Department. Updated 30 January 2024.

Key facts

Type
1-bed apartment
Size
507 sqft
Floor
7th of 16
Parking
B1-09
Developer
Deyaar
Completed
2010
Service charge
AED 8,600 /yr
Last sold
AED 425K · September 2014

About 709, Hamilton Residency

709 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. It last sold on 18 September 2014 for AED 425,000, or AED 837 per sqft, 39% below the AED 1,366 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 30 January 2024, is AED 60,000 a year: a gross yield of 14.1% on the 2014 price, before the service charge of about AED 8,600 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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, June 2009: AED 652,813 (AED 1,287 per sqft)Sold, December 2012: AED 702,813 (AED 1,385 per sqft)Sold, September 2014: AED 425,000 (AED 837 per sqft)

709 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 709, 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, September 2014: AED 45,000 a yearNew contract, June 2018: AED 50,000 a yearNew contract, January 2023: AED 55,000 a yearRenewal, January 2024: AED 60,000 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 709 sits

All 173 1-beds →

709 last sold in September 2014 at AED 837 per sqft, 39% below what one-beds in Hamilton Residency were fetching at the time (AED 1,366). 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. 709's AED 60,000 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
7041-bedAED 717K · Sep 2013
7051-bedAED 1.12M · Mar 2014
7061-bedAED 1.4M · Apr 2026
7071-bedAED 1.39M · Dec 2025
1–7 of 11

709, Hamilton Residency in numbers

  • Sold 3 times: first on 9 June 2009 for AED 652,813, last on 18 September 2014 for AED 425,000 (AED 837 per sqft).
  • Rented since September 2014 on 4 Ejari contracts, from AED 45,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2014 price is 14.1%, 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 30 January 2024.

Questions about 709, Hamilton Residency

What did unit 709 last sell for?

AED 425,000 on 18 September 2014: AED 837 per sqft for 507 sqft. The unit has 3 registered sales; the first was AED 652,813 in June 2009.

What is the rent for unit 709?

AED 60,000 a year on the contract renewed on 30 January 2024. The previous contract, from January 2023, was AED 55,000; the unit has been rented since September 2014.

How big is unit 709?

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

What is unit 709 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 709, Hamilton Residency

Starts from the last sale price (AED 425K, 18 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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