402, Hamza Tower
Sold prices and rental history: sold 3 times, last in November 2016, 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 402, Hamza Tower
What is 402 worth today?
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Source: Dubai Land Department. Updated 28 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 449 sqft
- Floor
- 4th of 15
- Parking
- B1-52
- Developer
- Hamza Namera International
- Completed
- 2010
- Service charge
- AED 7,000 /yr
- Last sold
- AED 450K · November 2016
- Building
- Hamza Tower
About 402, Hamza Tower
402 is a studio of 449 sqft on the 4th floor of Hamza Tower, a 15-storey tower in Dubai Sports City completed in 2010 by Hamza Namera International. It last sold on 1 November 2016 for AED 450,000, or AED 1,003 per sqft, in line with the AED 1,003 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 28 November 2024, is AED 38,000 a year: a gross yield of 8.4% on the 2016 price, before the service charge of about AED 7,000 a year.
Sales and rents for 402 over time
402 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Hamza Tower, and where 402 sits
All 60 studios →402 last sold in November 2016 at AED 1,003 per sqft, in line with what studios in Hamza Tower were fetching at the time (AED 1,003). Over the last 12 months studios sold for AED 350,000 to 400,000, around AED 815 per sqft, and rent for AED 31,500 to 52,800 a year. 402's AED 38,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Mar 20269 March 2026 | 451 sqft | 400,000 | 887 | ||
| 12 Nov 202512 November 2025 | 472 sqft | 350,000 | 742 | ||
| 5 Aug 20255 August 2025 | 449 sqft | 390,000 | 869 | ||
| 5 Aug 20255 August 2025 | 451 sqft | 405,000 | 898 |
Hamza Tower
Building209 apartments, studios to 2-bed over 15 floors in Dubai Sports City, completed in 2010 by Hamza Namera International. 12 sold in the last 12 months.
- Typical price per sqft
- AED 766 Up 0.9%
- Typical sale
- AED 688K
- Typical rent
- AED 52K /yr
- Typical yield
- 9.2%
Other units on the 4th floor
All 209 units in Hamza Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 419 sqft | AED 208KAED 207,801 · Oct 2024October 2024 | 50,000 /yr | |
| 403 | Studio | 472 sqft | AED 250KAED 250,000 · Nov 2022November 2022 | 36,000 /yr | |
| 404 | 2-bed | 1,119 sqft | AED 700KAED 700,000 · Sep 2024September 2024 | 70,000 /yr | |
| 405 | 2-bed | 1,128 sqft | AED 735KAED 735,000 · Feb 2024February 2024 | 78,000 /yr | |
| 406 | Studio | 472 sqft | AED 320KAED 320,000 · May 2023May 2023 | 34,000 /yr | |
| 407 | Studio | 451 sqft | AED 460KAED 460,000 · May 2017May 2017 | 30,000 /yr | |
| 408 | 1-bed | 854 sqft | AED 400KAED 400,000 · Jun 2011June 2011 | 50,000 /yr | |
| 409 | 1-bed | 865 sqft | AED 629KAED 628,628 · Mar 2013March 2013 | 55,000 /yr | |
| 410 | 1-bed | 910 sqft | AED 694KAED 694,496 · Mar 2013March 2013 | 48,000 /yr | |
| 411 | 2-bed | 1,162 sqft | AED 880KAED 880,000 · Mar 2026March 2026 | 57,960 /yr | |
| 412 | 2-bed | 1,160 sqft | AED 630KAED 630,000 · Feb 2022February 2022 | 78,000 /yr | |
| 413 | 1-bed | 873 sqft | AED 650KAED 650,000 · Apr 2026April 2026 | 47,250 /yr | |
| 414 | 1-bed | 852 sqft | AED 515KAED 515,000 · Jun 2024June 2024 | 33,906 /yr |
402, Hamza Tower in numbers
- Sold 3 times: first on 24 September 2009 for AED 332,797, last on 1 November 2016 for AED 450,000 (AED 1,003 per sqft).
- Rented since December 2014 on 8 Ejari contracts. The rent fell from AED 43,000 to AED 21,000 in 2020 and recovered to AED 38,000 by November 2024.
- At AED 38,000 a year the gross yield on the 2016 price is 8.4%, before a service charge of about AED 7,000 a year (AED 15.65 per sqft).
- Studios in Hamza Tower sold for AED 350,000–400,000 in the 12 months to November 2026; the building's median across all types is AED 766 per sqft.
Source: Dubai Land Department. Updated 28 November 2024.
Questions about 402, Hamza Tower
What did unit 402 last sell for?
AED 450,000 on 1 November 2016: AED 1,003 per sqft for 449 sqft. The unit has 3 registered sales; the first was AED 332,797 in September 2009.
What is the rent for unit 402?
AED 38,000 a year on the contract signed on 28 November 2024. The previous contract, from November 2024, was AED 38,000; the unit has been rented since December 2014.
How big is unit 402?
449 sqft (41.7 sqm): a studio on the 4th floor of a 15-storey tower completed in 2010.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Hamza Tower sold for AED 350,000 to 400,000 in the last 12 months, around AED 815 per sqft.
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Mortgage on 402, Hamza Tower
Starts from the last sale price (AED 450K, 1 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →