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3-bed · 2,181 sqftShoreline - Hamri, Palm Jumeirah · completed 2007

1011, Shoreline - Hamri

Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 29 April 2022
Last soldAED 3M29 April 2022
Current rentAED 170K /yr24 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1011, Shoreline - Hamri

What is 1011 worth today?

Last sold for AED 3,000,000 in 2022

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29 Apr 2022SoldReady
AED 3,000,000AED 1,375 per sqft
24 Oct 2021RentedNew contract
AED 170,000/yr12 months · AED 78 per sqft
1 Jul 2021RentedRenewal
AED 140,000/yr3 months · AED 64 per sqft
1 Jun 2020RentedNew contract
AED 140,000/yr13 months · AED 64 per sqft
20 Jul 2019RentedRenewal
AED 140,000/yr12 months · AED 64 per sqft
20 Jul 2018RentedNew contract
AED 170,000/yr12 months · AED 78 per sqft
31 May 2017RentedRenewal
AED 220,000/yr12 months · AED 101 per sqft
31 May 2016RentedRenewal
AED 220,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 29 April 2022.

Key facts

Type
3-bed apartment
Size
2,181 sqft
Parking
B1-60,B1-61
Developer
Nakheel
Completed
2007
Service charge
AED 32,700 /yr
Last sold
AED 3M · April 2022
Building
Shoreline - Hamri

About 1011, Shoreline - Hamri

1011 is a three-bedroom apartment of 2,181 sqft of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 29 April 2022 for AED 3,000,000, or AED 1,375 per sqft, 41% above the AED 975 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 24 October 2021, is AED 170,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 32,700 a year.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical three-bed in Shoreline - Hamri
2M4M2009201420192024Typical sale price by year: 2009 AED 1,175,000; 2010 AED 2,350,000; 2011 AED 1,700,000; 2012 AED 1,700,000; 2013 AED 1,175,000; 2014 AED 2,115,000; 2015 AED 2,700,000; 2016 AED 2,600,000; 2021 AED 2,000,000; 2022 AED 2,755,000; 2023 AED 3,337,500; 2024 AED 4,200,000; 2025 AED 4,900,000Sold by developer, June 2013: AED 1,175,000 (AED 538 per sqft)Sold, April 2022: AED 3,000,000 (AED 1,375 per sqft)

1011 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1011, each contractTypical three-bed in Shoreline - Hamri
200K2012201620202024Typical rent by year: 2012 AED 155,000; 2013 AED 160,000; 2014 AED 184,500; 2015 AED 187,500; 2016 AED 185,000; 2017 AED 175,000; 2018 AED 162,500; 2019 AED 144,995; 2020 AED 130,000; 2021 AED 130,000; 2022 AED 150,000; 2023 AED 160,000; 2024 AED 211,135; 2025 AED 267,500; 2026 AED 245,000New contract, June 2013: AED 185,000 a yearNew contract, June 2014: AED 220,593 a yearRenewal, June 2015: AED 220,593 a yearRenewal, May 2016: AED 220,000 a yearRenewal, May 2017: AED 220,000 a yearNew contract, July 2018: AED 170,000 a yearRenewal, July 2019: AED 140,000 a yearNew contract, June 2020: AED 140,000 a yearRenewal, July 2021: AED 140,000 a yearNew contract, October 2021: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shoreline - Hamri, and where 1011 sits

All 40 3-beds →

1011 last sold in April 2022 at AED 1,375 per sqft, 41% above what three-beds in Shoreline - Hamri were fetching at the time (AED 975). Over the last 12 months three-beds sold for AED 5,800,000 to 7,425,000, around AED 3,039 per sqft, and rent for AED 188,000 to 320,000 a year. 1011's AED 170,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Feb 20267,425,000
20 Nov 20255,800,000
27 Feb 20254,000,000
25 Feb 20254,950,000
2 3-bed sales in the last 12 months

Shoreline - Hamri

Building

108 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 9 sold in the last 12 months.

Typical price per sqft
AED 2,302
Typical sale
AED 3.75M
Typical rent
AED 176K /yr
Typical yield
4.8%
Shoreline - Hamri, Palm Jumeirah: prices, sales and rents →

1011, Shoreline - Hamri in numbers

  • Sold twice: first on 13 June 2013 for AED 1,175,000, last on 29 April 2022 for AED 3,000,000 (AED 1,375 per sqft).
  • Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 185,000 to AED 140,000 in 2021 and recovered to AED 170,000 by October 2021.
  • At AED 170,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 32,700 a year (AED 15.01 per sqft).
  • Three-beds in Shoreline - Hamri sold for AED 5,800,000–7,425,000 in the 12 months to November 2026; the building's median across all types is AED 2,302 per sqft.

Source: Dubai Land Department. Updated 29 April 2022.

Questions about 1011, Shoreline - Hamri

What did unit 1011 last sell for?

AED 3,000,000 on 29 April 2022: AED 1,375 per sqft for 2,181 sqft. The unit has 2 registered sales; the first was AED 1,175,000 in June 2013.

What is the rent for unit 1011?

AED 170,000 a year on the contract signed on 24 October 2021. The previous contract, from July 2021, was AED 140,000; the unit has been rented since June 2013.

How big is unit 1011?

2,181 sqft (202.6 sqm): a three-bedroom apartment of a 9-storey tower completed in 2007.

What is unit 1011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Hamri sold for AED 5,800,000 to 7,425,000 in the last 12 months, around AED 3,039 per sqft.

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Mortgage on 1011, Shoreline - Hamri

Starts from the last sale price (AED 3M, 29 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →