2-bed · 1,586 sqftShoreline - Hamri, Palm Jumeirah · 2nd floor · completed 2007

212, Shoreline - Hamri

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 15 October 2022
Last soldAED 800K27 April 2009
Current rentAED 105K /yr15 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Shoreline - Hamri

What is 212 worth today?

Last sold for AED 800,000 in 2009

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15 Oct 2022RentedRenewal
AED 105,000/yr12 months · AED 66 per sqft
15 Oct 2021RentedRenewal
AED 90,000/yr12 months · AED 57 per sqft
15 Oct 2020RentedRenewal
AED 90,000/yr12 months · AED 57 per sqft
15 Oct 2019RentedNew contract
AED 97,000/yr12 months · AED 61 per sqft
24 Jun 2018RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
25 Jun 2017RentedRenewal
AED 134,254/yr12 months · AED 85 per sqft
25 Jun 2016RentedNew contract
AED 135,000/yr12 months · AED 85 per sqft
10 Jan 2015RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 15 October 2022.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
2nd of 9
Parking
B2-28
Developer
Nakheel
Completed
2007
Service charge
AED 23,800 /yr
Last sold
AED 800K · April 2009

About 212, Shoreline - Hamri

212 is a two-bedroom apartment of 1,586 sqft on the 2nd floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 27 April 2009 for AED 800,000, or AED 504 per sqft, in line with the AED 513 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 9 Ejari contracts. The current contract, renewed on 15 October 2022, is AED 105,000 a year: a gross yield of 13.1% on the 2009 price, before the service charge of about AED 23,800 a year.

Sales and rents for 212 over time

Sales
Unit 212, each saleTypical two-bed in Shoreline - Hamri
2M4M2009201420192024Typical sale price by year: 2009 AED 825,000; 2010 AED 1,437,500; 2011 AED 1,175,000; 2012 AED 1,800,000; 2013 AED 1,925,000; 2014 AED 1,825,000; 2016 AED 1,912,500; 2018 AED 1,800,000; 2020 AED 1,425,000; 2021 AED 1,775,000; 2022 AED 2,050,000; 2023 AED 2,800,000; 2024 AED 2,650,000; 2025 AED 4,400,000; 2026 AED 3,475,000Sold by developer, April 2009: AED 800,000 (AED 504 per sqft)

212 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 212, each contractTypical two-bed in Shoreline - Hamri
100K200K20112015201920232027Typical rent by year: 2012 AED 122,500; 2013 AED 130,000; 2014 AED 157,500; 2015 AED 155,000; 2016 AED 153,500; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 107,125; 2022 AED 120,000; 2023 AED 148,500; 2024 AED 171,625; 2025 AED 178,500; 2026 AED 176,000New contract, November 2011: AED 40,000 a yearNew contract, January 2015: AED 120,000 a yearNew contract, June 2016: AED 135,000 a yearRenewal, June 2017: AED 134,254 a yearNew contract, June 2018: AED 120,000 a yearNew contract, October 2019: AED 97,000 a yearRenewal, October 2020: AED 90,000 a yearRenewal, October 2021: AED 90,000 a yearRenewal, October 2022: AED 105,000 a year

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

2-beds in Shoreline - Hamri, and where 212 sits

All 54 2-beds →

212 last sold in April 2009 at AED 504 per sqft, in line with what two-beds in Shoreline - Hamri were fetching at the time (AED 513). Over the last 12 months two-beds sold for AED 2,975,000 to 4,600,000, around AED 2,192 per sqft, and rent for AED 120,000 to 290,000 a year. 212's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20263,750,000
20 Jul 20262,975,000
17 Jun 20263,400,000
5 May 20263,550,000
5 2-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
2033-bedAED 3.48M · Jun 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
1–7 of 11

212, Shoreline - Hamri in numbers

  • Sold once: by Nakheel on 27 April 2009 for AED 800,000, or AED 504 per sqft.
  • Rented since November 2011 on 9 Ejari contracts, from AED 40,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2009 price is 13.1%, before a service charge of about AED 23,800 a year (AED 15.01 per sqft).
  • Two-beds in Shoreline - Hamri sold for AED 2,975,000–4,600,000 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 15 October 2022.

Questions about 212, Shoreline - Hamri

What did unit 212 last sell for?

AED 800,000 on 27 April 2009, sold by the developer: AED 504 per sqft for 1,586 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 105,000 a year on the contract renewed on 15 October 2022. The previous contract, from October 2021, was AED 90,000; the unit has been rented since November 2011.

How big is unit 212?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2007.

What is unit 212 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Hamri sold for AED 2,975,000 to 4,600,000 in the last 12 months, around AED 2,192 per sqft.

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Mortgage on 212, Shoreline - Hamri

Starts from the last sale price (AED 800K, 27 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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