506, Hamza Tower
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Hamza Tower
What is 506 worth today?
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Source: Dubai Land Department. Updated 23 August 2022.
Key facts
- Type
- Studio apartment
- Size
- 472 sqft
- Floor
- 5th of 15
- Parking
- GF-21
- Developer
- Hamza Namera International
- Completed
- 2010
- Service charge
- AED 7,400 /yr
- Last sold
- AED 350K · December 2012
- Building
- Hamza Tower
About 506, Hamza Tower
506 is a studio of 472 sqft on the 5th floor of Hamza Tower, a 15-storey tower in Dubai Sports City completed in 2010 by Hamza Namera International. It last sold on 29 December 2012 for AED 350,000, or AED 742 per sqft, 8% above the AED 687 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 23 August 2022, is AED 24,000 a year: a gross yield of 6.9% on the 2012 price, before the service charge of about AED 7,400 a year.
Sales and rents for 506 over time
506 has sold twice; 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 506 sits
All 60 studios →506 last sold in December 2012 at AED 742 per sqft, 8% above what studios in Hamza Tower were fetching at the time (AED 687). 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. 506's AED 24,000 is at the bottom 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 5th floor
All 209 units in Hamza Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 837 sqft | AED 427KAED 426,811 · Aug 2023August 2023 | 43,000 /yr | |
| 502 | Studio | 449 sqft | AED 230KAED 230,000 · Oct 2020October 2020 | 49,500 /yr | |
| 503 | Studio | 472 sqft | AED 295KAED 295,000 · Sep 2022September 2022 | 47,000 /yr | |
| 504 | 2-bed | 1,119 sqft | AED 900KAED 900,000 · Jul 2026July 2026 | 102,000 /yr | |
| 505 | 2-bed | 1,128 sqft | AED 545KAED 545,000 · Sep 2012September 2012 | 75,000 /yr | |
| 507 | Studio | 451 sqft | AED 400KAED 400,000 · Mar 2026March 2026 | 38,000 /yr | |
| 508 | 1-bed | 854 sqft | AED 620KAED 620,000 · Jun 2025June 2025 | 56,000 /yr | |
| 509 | 1-bed | 865 sqft | AED 558KAED 558,000 · Dec 2012December 2012 | 58,000 /yr | |
| 510 | 1-bed | 910 sqft | AED 585KAED 585,000 · Dec 2012December 2012 | 52,000 /yr | |
| 511 | 2-bed | 1,162 sqft | AED 700KAED 700,000 · Jun 2011June 2011 | 66,000 /yr | |
| 512 | 2-bed | 1,160 sqft | AED 700KAED 700,000 · Jul 2024July 2024 | 75,000 /yr | |
| 513 | 1-bed | 873 sqft | AED 475KAED 475,000 · Mar 2024March 2024 | 55,000 /yr | |
| 514 | 1-bed | 852 sqft | AED 375KAED 375,000 · Dec 2021December 2021 | 33,000 /yr |
506, Hamza Tower in numbers
- Sold twice: first on 8 August 2009 for AED 350,000, last on 29 December 2012 for AED 350,000 (AED 742 per sqft).
- Rented since April 2013 on 8 Ejari contracts. The rent fell from AED 22,873 to AED 20,000 in 2021 and recovered to AED 24,000 by August 2022.
- At AED 24,000 a year the gross yield on the 2012 price is 6.9%, before a service charge of about AED 7,400 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 23 August 2022.
Questions about 506, Hamza Tower
What did unit 506 last sell for?
AED 350,000 on 29 December 2012: AED 742 per sqft for 472 sqft. The unit has 2 registered sales; the first was AED 350,000 in August 2009.
What is the rent for unit 506?
AED 24,000 a year on the contract signed on 23 August 2022. The previous contract, from May 2021, was AED 20,000; the unit has been rented since April 2013.
How big is unit 506?
472 sqft (43.9 sqm): a studio on the 5th floor of a 15-storey tower completed in 2010.
What is unit 506 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 506, Hamza Tower
Starts from the last sale price (AED 350K, 29 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 350,000
- Deposit, UAE resident (20%)
- AED 70,000
- Deposit, non-resident (40%)
- AED 140,000
- Monthly over 25 years at 3.7%
- AED 1,432
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →