Hammock Park
- Under construction · 22% built
- 10 floors
- 4 lifts
- 275 parking bays
- 1 pool
A 1 bed in Hammock Park costs a median AED 1.14M and rents long-let for AED 61,600/yr (5.4% gross).
1 bed · typical price
1.14MAED
AED 1,491/sqft
- Rent a year
- AED 61,600
- Gross yield
- 5.4%
- vs Wasl Gate
- 3% below the median
Cost to buy, all inAED 1.22M
- Price
- AED 1.14M
- DLD fee 4%
- AED 45,794
- Agent 2% + VAT
- AED 24,042
- Trustee
- AED 4,200
Fees repaid by rent14 months
Is Hammock Park a good investment?The rent pays below the Dubai median, few units are let, few units change hands and lots of new supply is coming
- Does it pay a good rent?5.4% gross, before the service charge (not on file) (Dubai median 6.8%)5.4%Watch
- Is it easy to let?42 yearly leases, new and renewed, across 252 units in 12 months17%Watch
- Are rents going up?New leases: AED 48,000 a year ago, AED 49,000 now+2.1%Fair
- Are prices going up?All types: AED 1,512/sqft a year ago, 1,491 now-1.3%Fair
- How fast do fees pay back?AED 74,036 in fees to buy a 1 bed; rent covers it in 1.2 years1.2 yrs
- Can I sell easily?8 sales in 12 months, 3% of the tower (193 the year before)8Watch
- Is a lot being built nearby?2,525 apartments are planned in Wasl Gate from 2026 to 2028, equal to 6.4 times the 397 homes let there today. Wasl Gate supply by year →636%Watch
- Did earlier buyers gain?Launch buyers still 1% down, before fees-0.6%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Hammock Park prices and rents by unit typeA one-bed costs about AED 1.14M and rents for about AED 61,600 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Wasl Gate · area median AED 1,532/sqft
- vs area median
- -2.6%
- Rank by price per sqft
- 14th of 23
Rental income
1 bed · Wasl Gate
- Gross yield
- 5.4%
- Median new rent
- AED 61,600/yr
- Yield vs area median
- -2.6 pts
- Yield vs Dubai (6.8%)
- -1.4 pts
- Renewal rent
- AED 53,185/yr
- New tenants pay vs sitting (8 renewals)
- +15.8%
Read with care
- Thin sample — 4 sales in 12 months. Treat these figures as indicative.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, 1 bed: Jun 2024, AED 1,094,800; latest, Jul 2026, AED 1,047,800; peak, Dec 2025, AED 1,146,422. Rent on new leases: Apr 2011, AED 41,000 a year; latest, Sep 2026, AED 63,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,491 · before fees
- Launch, 2024–26
- 1,501
- −1%
- 201 sales
- Previous 12 months
- 1,512
- −1%
- 193 sales
- Last 12 months
- 1,491
- today
- 8 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
No resales match the last 12 months. Try another transaction type, bedroom type or period.
Comparables in Wasl Gate
Every Wasl Gate building with a page, ranked by price per sqft over the same 12 months, all unit types. Hammock Park places 12th of 31; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Hammock Park (AED 1,491/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Hammock Park has registered sale prices 3% below the Wasl Gate median price per square foot of 1,532 AED, across 23 eligible buildings. It ranks 14th of 23 by price per square foot in Wasl Gate.
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.
About Hammock Park
Hammock Park is an under-construction (22% built) apartment building in Wasl Gate. 216 sales are registered with the Dubai Land Department.
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
Hammock Park: AED 1,491 per sq ft, 3% above the median Wasl Gate building, and a 4.3% gross yield, in the bottom tenth of the area
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Hammock ParkAED 1,491
- Wasl Gate, readyAED 1,434
- Wasl Gate, off-planAED 1,550
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Hammock ParkWasl Gate median building
- Wasl Gate4.3% vs 6.3%
Nearby in Wasl Gate
Prices per sq ft around Hammock Park, on the mapPrices per sq ft around Hammock Park, on the map
Taiyo Residences
Wasl Gate · 271 sales, 12 months
1.03M
AED, resale median · 1,595/sqft
Hills View at Wasl Gate
Wasl Gate · 244 sales, 12 months
711,060
AED, resale median · 1,461/sqft
Sola Residences
Wasl Gate · 81 sales, 12 months
1.36M
AED, resale median · 1,369/sqft
The Nook 1-1
Wasl Gate · 35 sales, 12 months
1.05M
AED, resale median · 1,452/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedRead with care
- Rental evidence · 1 bedOn record
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Hammock Park’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 5,091AED
- 4.5% over 25 years
- Monthly rent
- 5,133AED
- AED 61,600 a year
- Cash needed at purchase
- 317,456AED
- 20% down plus AED 88,485 in fees
Owning costs AED 200,122 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Hammock Park?
- Hammock Park returns 5.4% gross: a median new-contract rent of AED 61,600 a year (6 Ejari contracts in 12 months) over a price benchmark of AED 1.14M (median of 4 sales in the last 12 months, latest Jul 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in Hammock Park cost?
- The median registered sale price is AED 1.14M (1,491 AED/sqft), from 4 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- How does Hammock Park compare with Wasl Gate?
- Its 5.4% gross yield sits -2.6 pts against the Wasl Gate median of 8.0%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
- What is the registered annual rent for a 1 bedroom in Hammock Park?
- The median new annual rent is AED 61,600, from 6 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.
- Do new tenants in Hammock Park pay more than sitting ones?
- A new tenant pays +15.8% against a renewing one, across 8 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.
For agents
Send this page to a client as a branded report
Hammock Park sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 4 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/wasl-gate/hammock-park
Cite as: Dubai Wealth Index. “Hammock Park sale prices and yield.” Wasl Gate, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/wasl-gate/hammock-park
Stable dataJSON