3-bed · 2,161 sqftShoreline - Hamri, Palm Jumeirah · 2nd floor · completed 2007

203, Shoreline - Hamri

Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 21 June 2023
Last soldAED 3.48M21 June 2023
Current rentAED 150K /yr5 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Shoreline - Hamri

What is 203 worth today?

Last sold for AED 3,480,000 in 2023

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21 Jun 2023SoldReady
AED 3,480,000AED 1,610 per sqft
5 Nov 2022RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft
10 Sep 2021RentedNew contract
AED 132,000/yr12 months · AED 61 per sqft
23 May 2021SoldReady
AED 1,825,000AED 844 per sqft
11 Sep 2020RentedNew contract
AED 110,000/yr12 months · AED 51 per sqft
12 Sep 2019RentedNew contract
AED 123,000/yr12 months · AED 57 per sqft
3 Jan 2012SoldReady
AED 1,550,000AED 717 per sqft
14 Dec 2011Sold by developerReady
AED 1,150,000AED 532 per sqft

Source: Dubai Land Department. Updated 21 June 2023.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
2nd of 9
Parking
B2-21,B2-22
Developer
Nakheel
Completed
2007
Service charge
AED 32,400 /yr
Last sold
AED 3.48M · June 2023

About 203, Shoreline - Hamri

203 is a three-bedroom apartment of 2,161 sqft on the 2nd floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 21 June 2023 for AED 3,480,000, or AED 1,610 per sqft, 24% above the AED 1,295 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 5 November 2022, is AED 150,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 32,400 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, December 2011: AED 1,150,000 (AED 532 per sqft)Sold, January 2012: AED 1,550,000 (AED 717 per sqft)Sold, May 2021: AED 1,825,000 (AED 844 per sqft)Sold, June 2023: AED 3,480,000 (AED 1,610 per sqft)

203 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 203, each contractTypical three-bed in Shoreline - Hamri
100K200K2012201620202024Typical 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, September 2019: AED 123,000 a yearNew contract, September 2020: AED 110,000 a yearNew contract, September 2021: AED 132,000 a yearNew contract, November 2022: AED 150,000 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 203 sits

All 40 3-beds →

203 last sold in June 2023 at AED 1,610 per sqft, 24% above what three-beds in Shoreline - Hamri were fetching at the time (AED 1,295). 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. 203's AED 150,000 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 →

Other units on the 2nd floor

All 108 units in Shoreline - Hamri
Value
2012-bedAED 2.2M · Nov 2015
2023-bedAED 3.2M · Jul 2023
2041-bedAED 1.34M · Feb 2018
2052-bedAED 2.5M · Feb 2023
2062-bedAED 1.03M · Apr 2009
2072-bedAED 2.35M · Jul 2016
2082-bedAED 790K · Jul 2009
1–7 of 11

203, Shoreline - Hamri in numbers

  • Sold 4 times: first on 14 December 2011 for AED 1,150,000, last on 21 June 2023 for AED 3,480,000 (AED 1,610 per sqft).
  • Rented since September 2019 on 4 Ejari contracts. The rent fell from AED 123,000 to AED 110,000 in 2020 and recovered to AED 150,000 by November 2022.
  • At AED 150,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 32,400 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 21 June 2023.

Questions about 203, Shoreline - Hamri

What did unit 203 last sell for?

AED 3,480,000 on 21 June 2023: AED 1,610 per sqft for 2,161 sqft. The unit has 4 registered sales; the first was AED 1,150,000 in December 2011.

What is the rent for unit 203?

AED 150,000 a year on the contract signed on 5 November 2022. The previous contract, from September 2021, was AED 132,000; the unit has been rented since September 2019.

How big is unit 203?

2,161 sqft (200.8 sqm): a three-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2007.

What is unit 203 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 203, Shoreline - Hamri

Starts from the last sale price (AED 3.48M, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,480,000
Deposit, UAE resident (20%)
AED 696,000
Deposit, non-resident (40%)
AED 1,392,000
Monthly over 25 years at 3.7%
AED 14,238

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