516, Hammock Park
Sold prices and rental history: sold once, by the developer in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Hammock Park
What is 516 worth today?
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Source: Dubai Land Department. Updated 4 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 397 sqft
- Floor
- 5th of 9
- Parking
- 1
- Developer
- Divine Hills One Real Estate Development
- Last sold
- AED 590K · December 2024
- Building
- Hammock Park
About 516, Hammock Park
516 is a studio of 397 sqft on the 5th floor of Hammock Park, a 9-storey tower in Jebel Ali First by Divine Hills One Real Estate Development . The developer sold it on 4 December 2024 for AED 590,002, or AED 1,487 per sqft, 8% below the AED 1,624 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 516 over time
516 has sold once; the dashed line is the studio median of each year in the building.
Studios in Hammock Park, and where 516 sits
All 75 studios →516 last sold in December 2024 at AED 1,487 per sqft, 8% below what studios in Hammock Park were fetching at the time (AED 1,624). Over the last 12 months studios sold for AED 775,000, around AED 1,962 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Mar 202624 March 2026 | 395 sqft | 775,000 | 1,962 | ||
| 8 Jul 20258 July 2025 | 397 sqft | 685,800 | 1,729 | ||
| 8 Jul 20258 July 2025 | 395 sqft | 674,800 | 1,710 | ||
| 28 Feb 202528 February 2025 | 476 sqft | 665,800 | 1,399 |
Hammock Park
Building210 apartments, studios to 2-bed over 9 floors in Jebel Ali First by Divine Hills One Real Estate Development . 7 sold in the last 12 months.
- Typical price per sqft
- AED 1,488
- Typical sale
- AED 1.11M
- Typical rent
- Few contracts
- Typical yield
Other units on the 5th floor
All 210 units in Hammock Park| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,057 sqft | AED 1.54MAED 1,544,510 · Feb 2025February 2025 | ||
| 504 | 2-bed | 1,047 sqft | AED 1.37MAED 1,373,504 · Nov 2024November 2024 | ||
| 506 | 2-bed | 1,067 sqft | AED 1.4MAED 1,400,784 · Feb 2025February 2025 | ||
| 507 | 1-bed | 723 sqft | AED 1.08MAED 1,080,800 · Nov 2024November 2024 | ||
| 509 | 1-bed | 704 sqft | AED 878KAED 878,469 · Feb 2025February 2025 | ||
| 514 | 1-bed | 717 sqft | AED 1.09MAED 1,085,800 · Nov 2024November 2024 | ||
| 515 | 1-bed | 805 sqft | AED 1.11MAED 1,110,800 · Nov 2024November 2024 | ||
| 517 | Studio | 395 sqft | AED 554KAED 554,101 · Feb 2025February 2025 | ||
| 518 | Studio | 395 sqft | AED 663KAED 662,800 · Nov 2024November 2024 | ||
| 520 | Studio | 394 sqft | AED 663KAED 662,800 · Nov 2024November 2024 | ||
| 521 | Studio | 395 sqft | AED 663KAED 662,800 · Nov 2024November 2024 | ||
| 523 | Studio | 394 sqft | AED 668KAED 667,800 · Feb 2025February 2025 | ||
| 524 | Studio | 399 sqft | AED 494KAED 493,865 · Feb 2025February 2025 | ||
| 528 | 1-bed | 706 sqft | AED 770KAED 770,473 · Feb 2025February 2025 |
516, Hammock Park in numbers
- Sold once: by Divine Hills One Real Estate Development on 4 December 2024 for AED 590,002, or AED 1,487 per sqft.
- Studios in Hammock Park sold for AED 775,000–775,000 in the 12 months to November 2026; the building's median across all types is AED 1,488 per sqft.
Source: Dubai Land Department. Updated 4 December 2024.
Questions about 516, Hammock Park
What did unit 516 last sell for?
AED 590,002 on 4 December 2024, sold by the developer: AED 1,487 per sqft for 397 sqft. It is the only registered sale of the unit.
How big is unit 516?
397 sqft (36.9 sqm): a studio on the 5th floor of a 9-storey tower.
What is unit 516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Hammock Park sold for AED 775,000 to 775,000 in the last 12 months, around AED 1,962 per sqft.
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Mortgage on 516, Hammock Park
Starts from the last sale price (AED 590K, 4 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 590,002
- Deposit, UAE resident (20%)
- AED 118,000
- Deposit, non-resident (40%)
- AED 236,001
- Monthly over 25 years at 3.7%
- AED 2,414
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →