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YOUR GUIDE TO SMARTER, HIGHER-EARNING PROPERTY MANAGEMENT

Building Guide · Business Bay

Hamilton Residency Business Bay: Airbnb Management & Property Guide

Hamilton Residency is a 20-storey freehold residential tower on Marasi Drive, off Al Khail Road in Business Bay, developed by Deyaar Development PJSC and completed in February 2011. It holds 178 residential units across studios and one-bedroom apartments. Royale Stays manages the setup, pricing and guest side of listing a unit here for a fee starting from 15%.

Developer

Deyaar Development

Storeys

20

Completed

February 2011

Units

178, studio & 1BR

Modern skyscrapers at golden hour near Hamilton Residency, Business Bay

About Hamilton Residency

Hamilton Residency is a 20-storey freehold residential tower on Marasi Drive, off Al Khail Road in Business Bay, Dubai, developed by Deyaar Development PJSC and designed by LACASA Architects & Engineering Consultants. Construction began in 2007 and the building was completed in February 2011. Standing 88 metres tall, it holds 178 residential units across studios and one-bedroom apartments in two design layouts, ranging from roughly 507 to 938 square feet.

Worth noting for anyone comparing listings: some property portals, including PropertyFinder, list this building under an internal "Hamilton Tower" search label, but the listings themselves are the same Deyaar-developed Hamilton Residency covered in this guide, not a separate building.


Location & Nearby Landmarks

Hamilton Residency sits on Marasi Drive in Business Bay, close to the Dubai Water Canal and within easy reach of Downtown Dubai, Burj Khalifa and Dubai Mall. Ground-floor retail at the building includes a handful of cafes and everyday convenience outlets, and Business Bay Metro Station is close to the building, giving residents and guests Metro Red Line access without needing to rely on a car for every trip.

Hamilton Residency joins Royale Stays' wider Business Bay Building Guide cluster alongside Canal Bay by NED, Peninsula Three and Manazel Al Safa Tower, other Business Bay towers Royale Stays covers.


Unit Types

Hamilton Residency offers exclusively studios and one-bedroom apartments across its 178 units, in two design variants. Sizes range from roughly 507 square feet for the smallest studios up to around 938 square feet for the larger one-bedroom layouts. No floor-plan diagrams are included here: floor plans are typically the developer's or broker's proprietary material and aren't reproduced here.


Amenities

Amenities include a rooftop swimming pool, a fully equipped gymnasium, sauna and steam room, a squash court, a landscaped garden with barbecue area, and a multi-purpose hall for indoor activities. The building offers 24-hour security and CCTV, three passenger elevators plus a separate service elevator, covered parking, and central air conditioning supplied via Empower district cooling. Hamilton Residency is pet-friendly.


Transportation & Access

Hamilton Residency is close to Business Bay Metro Station, putting the Metro Red Line within reach on foot or by a short taxi ride. The building's Al Khail Road-adjacent location gives quick access to Sheikh Zayed Road, Downtown Dubai and DIFC, and Dubai International Airport is a manageable drive away via the same road network that serves the rest of Business Bay.


Royale Stays has not independently confirmed rents specific to Hamilton Residency in this pass, so the figures below describe Business Bay's rental market at an area level rather than this particular building. Across Business Bay generally, studio apartments currently rent for roughly AED 52,000 to AED 70,000 per year, while one-bedroom apartments run from around AED 65,000 to AED 140,000 per year depending on size, floor and finish, figures that line up with Hamilton Residency's own studio-and-one-bedroom-only unit mix even though they are area-blended rather than building-specific. Owners weighing a specific unit's earning potential against these area-level ranges can run their own numbers through Royale Stays' Dubai property ROI calculator.


Airbnb / Short-Term Rental Income Potential

Short-term letting anywhere in Dubai, including at Hamilton Residency, runs through a DTCM holiday home permit, the same licensing requirement that applies regardless of building or area. An owner considering Airbnb at Hamilton Residency would need to hold that permit before listing a unit, in addition to confirming the building's own short-term letting policy. Royale Stays' guide to the Dubai holiday home permit covers what the process and fees generally involve. Units at Hamilton Residency are already listed for short-term rental by independent operators on established booking platforms, a genuine signal of real STR demand for the building rather than an untested assumption.

In Royale Stays' experience managing short-term rentals across Business Bay, well-presented studios and one-bedroom units in established, canal-adjacent buildings like Hamilton Residency tend to compete well against a district with a large and growing supply of newer towers, provided pricing and presentation are handled properly. Royale Stays manages the full furnishing, photography, pricing, check-in and guest communications for owners at buildings like Hamilton Residency, from a management fee starting from 15%.

Area-level rental figures above are Business Bay benchmarks, not a building-specific guarantee for Hamilton Residency.



Questions

Frequently Asked Questions

Hamilton Residency is a 20-storey freehold residential tower in Business Bay, Dubai, developed by Deyaar Development and completed in February 2011. It offers studios and one-bedroom apartments across 178 units.
Hamilton Residency sits on Marasi Drive, off Al Khail Road in Business Bay, close to the Dubai Water Canal and within easy reach of Downtown Dubai and Business Bay Metro Station.
Yes. PropertyFinder lists this building under an internal Hamilton Tower search label, but the individual listings are the same Deyaar-developed Hamilton Residency covered in this guide, not a separate building.
Short-term letting anywhere in Dubai, including Business Bay, requires a DTCM holiday home permit from the Department of Economy and Tourism. Units at Hamilton Residency are already listed for short-term rental by independent operators, and an owner would need that permit in place, along with confirming the building’s own short-term letting policy, before listing a unit.
Royale Stays manages Business Bay short-term rentals, including at buildings like Hamilton Residency, from a fee starting from 15% of gross booking revenue, covering furnishing, photography, pricing, check-in and guest communications.