Hammock Park rents
- 17 new leases and 25 renewals in 12 months
- 252 units
- Wasl Gate
- near ENERGY Metro Station
A studio here leases for about AED 45,000 a year, 10% below the typical Wasl Gate studio. New tenants pay more than renewing ones, who pay AED 40,000.
Studio · typical new lease
45,000AEDa year
AED 91/sqft · -4.3% on a year
- A month, roughly
- AED 3,750
- Renewal
- AED 40,000
- vs Wasl Gate studio
- 10% below the median
- New leases, 12 months
- 11
What should a lease in Hammock Park cost?A studio leases for about AED 45,000 a year; new tenants pay 12.5% more than renewing ones
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Wasl Gate median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A studio here now costs 4.3% less than a year earlier: AED 45,000 against 47,000.
Chart data, Studio: Aug 2011, AED 28,000; latest, Sep 2026, AED 41,500; peak, Dec 2025, AED 54,250.
42 contracts starting on or after 12 Oct 2025.
About Hammock ParkA 10-floor tower in Wasl Gate, a 13-minute drive from Dubai Marina
Hammock Park is an under-construction (22% built) apartment building in Wasl Gate. 42 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 10
- Lifts
- 4
- Parking bays
- 275
- Pools
- 1
Drive times · typical
- Downtown
- 25 min · 28 km
- DXB Airport
- 30 min · 41 km
- DIFC
- 21 min · 30 km
- Dubai Marina
- 13 min · 8.6 km
- Palm Jumeirah
- 21 min · 19 km
Nearest, as registered
- Metro
- ENERGY Metro Station
- Mall
- Ibn-e-Battuta Mall
- Landmark
- Expo 2020 Site
Letting a unit in Hammock Park?17% of units here signed a yearly lease in 12 months; new tenants pay more than renewing ones
- Units on a yearly lease
- 17%Watch
- 42 leases, new and renewed, across 252 units
- New tenant vs renewal
- +6.5%
- New leases AED 49,000, renewals 46,000, all types
Ejari leases to 12 Oct 2026
Thinking of selling? Hammock Park sale prices →Market context in Wasl Gate
Registered sales activity
57 ready apartment sales in the 12 months to 2026-10-12.
+6.5% in median AED/sqft versus the preceding year, supported by 57 current and 60 prior price observations.
Explore sales activityPlanned apartment projects
0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 4 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
2,525 apartments are planned in Wasl Gate from 2026 to 2028, equal to 6.4 times the 397 homes let there today.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
Nearby in Wasl Gate
Prices per sq ft around Hammock Park, on the mapPrices per sq ft around Hammock Park, on the map
The Nook 2-1
Wasl Gate · 214 contracts, 12 months
75,300
AED a year median · 108/sqft
The Nook 1-1
Wasl Gate · 214 contracts, 12 months
75,300
AED a year median · 108/sqft
Hills View at Wasl Gate
Wasl Gate · 24 contracts, 12 months
43,000
AED a year median · 91/sqft
Taiyo Residences
Wasl Gate · 8 contracts, 12 months
50,000
AED a year median · 82/sqft
Ask about Hammock Park
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Common questions
- What is the registered annual rent for a studio in Hammock Park?
- The median new annual rent is AED 45,000, from 11 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Hammock Park risen or fallen?
- The median new annual rent changed -4.3% in the trailing 12 months against the previous 12, using 11 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Do new tenants in Hammock Park pay more than sitting ones?
- A new tenant pays +12.5% against a renewing one, across 17 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
- How many apartments change hands in Hammock Park?
- 2 sales were registered with the Dubai Land Department in the last 12 months, alongside 11 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to Hammock Park?
- ENERGY Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Ibn-e-Battuta Mall.
For agents
Send this page to a client as a branded report
Hammock Park rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 6 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /rent/apartments/dubai/wasl-gate/hammock-park
Cite as: Dubai Wealth Index. “Hammock Park rents and yield.” Wasl Gate, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/wasl-gate/hammock-park
Stable dataJSON