2-bed · 1,586 sqftShoreline - Hamri, Palm Jumeirah · 3rd floor · completed 2007

301, Shoreline - Hamri

Sold prices and rental history: sold twice, last in April 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 26 December 2022
Last soldAED 1.36M29 April 2021
Current rentAED 64K /yr26 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Shoreline - Hamri

What is 301 worth today?

Last sold for AED 1,360,000 in 2021

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26 Dec 2022RentedNew contract
AED 63,800/yr48 months · AED 40 per sqft
29 Apr 2021SoldReady
AED 1,360,000AED 857 per sqft
1 Jun 2020RentedRenewal
AED 110,000/yr12 months · AED 70 per sqft
1 Jun 2019RentedRenewal
AED 120,000/yr12 months · AED 76 per sqft
1 Dec 2018RentedRenewal
AED 120,000/yr6 months · AED 76 per sqft
1 Dec 2017RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
2 Jun 2017RentedRenewal
AED 150,000/yr12 months · AED 95 per sqft
2 Jun 2016RentedRenewal
AED 150,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 26 December 2022.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
3rd of 9
Parking
B2-29
Developer
Nakheel
Completed
2007
Service charge
AED 23,800 /yr
Last sold
AED 1.36M · April 2021

About 301, Shoreline - Hamri

301 is a two-bedroom apartment of 1,586 sqft on the 3rd floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 29 April 2021 for AED 1,360,000, or AED 857 per sqft, in line with the AED 857 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 26 December 2022, is AED 63,800 a year: a gross yield of 4.7% on the 2021 price, before the service charge of about AED 23,800 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, January 2011: AED 800,000 (AED 504 per sqft)Sold, April 2021: AED 1,360,000 (AED 857 per sqft)

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

Rents
Unit 301, each contractTypical two-bed in Shoreline - Hamri
100K2012201620202024Typical 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, December 2012: AED 120,000 a yearNew contract, June 2013: AED 130,000 a yearNew contract, June 2014: AED 150,000 a yearNew contract, June 2015: AED 150,000 a yearRenewal, June 2016: AED 150,000 a yearRenewal, June 2017: AED 150,000 a yearNew contract, December 2017: AED 120,000 a yearRenewal, December 2018: AED 120,000 a yearRenewal, June 2019: AED 120,000 a yearRenewal, June 2020: AED 110,000 a yearNew contract, December 2022: AED 63,800 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 301 sits

All 54 2-beds →

301 last sold in April 2021 at AED 857 per sqft, in line with what two-beds in Shoreline - Hamri were fetching at the time (AED 857). 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. 301's AED 63,800 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 3rd floor

All 108 units in Shoreline - Hamri
Value
3023-bedAED 3.65M · May 2023
3033-bedAED 2.6M · Sep 2016
3041-bedAED 1.67M · Dec 2017
3052-bedAED 3.4M · Apr 2009
3062-bedAED 2.4M · Feb 2014
3072-bedAED 2.82M · Sep 2023
3082-bedAED 2.95M · Nov 2023
1–7 of 11

301, Shoreline - Hamri in numbers

  • Sold twice: first on 18 January 2011 for AED 800,000, last on 29 April 2021 for AED 1,360,000 (AED 857 per sqft).
  • Rented since December 2012 on 11 Ejari contracts, from AED 120,000 to AED 63,800 a year.
  • At AED 63,800 a year the gross yield on the 2021 price is 4.7%, 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 26 December 2022.

Questions about 301, Shoreline - Hamri

What did unit 301 last sell for?

AED 1,360,000 on 29 April 2021: AED 857 per sqft for 1,586 sqft. The unit has 2 registered sales; the first was AED 800,000 in January 2011.

What is the rent for unit 301?

AED 63,800 a year on the contract signed on 26 December 2022. The previous contract, from June 2020, was AED 110,000; the unit has been rented since December 2012.

How big is unit 301?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 301 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 301, Shoreline - Hamri

Starts from the last sale price (AED 1.36M, 29 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,360,000
Deposit, UAE resident (20%)
AED 272,000
Deposit, non-resident (40%)
AED 544,000
Monthly over 25 years at 3.7%
AED 5,564

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