2-bed · 1,998 sqftShoreline - Hamri, Palm Jumeirah · 3rd floor · completed 2007

306, Shoreline - Hamri

Sold prices and rental history: sold 4 times, last in February 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 16 August 2024
Last soldAED 2.4M3 February 2014
Current rentAED 200K /yr16 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Shoreline - Hamri

What is 306 worth today?

Last sold for AED 2,399,999 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Aug 2024RentedRenewal
AED 200,000/yr12 months · AED 100 per sqft
16 Aug 2023RentedNew contract
AED 200,000/yr12 months · AED 100 per sqft
26 Sep 2021RentedRenewal
AED 105,000/yr12 months · AED 52 per sqft
26 Sep 2020RentedRenewal
AED 105,000/yr12 months · AED 52 per sqft
26 Sep 2019RentedNew contract
AED 110,000/yr12 months · AED 55 per sqft
5 Mar 2019RentedNew contract
AED 130,000/yr12 months · AED 65 per sqft
26 Jan 2018RentedRenewal
AED 150,000/yr12 months · AED 75 per sqft
26 Jan 2017RentedNew contract
AED 160,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 16 August 2024.

Key facts

Type
2-bed apartment
Size
1,998 sqft
Floor
3rd of 9
Parking
B2-38
Developer
Nakheel
Completed
2007
Service charge
AED 30,000 /yr
Last sold
AED 2.4M · February 2014

About 306, Shoreline - Hamri

306 is a two-bedroom apartment of 1,998 sqft on the 3rd floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 3 February 2014 for AED 2,399,999, or AED 1,201 per sqft, in line with the AED 1,192 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 16 August 2024, is AED 200,000 a year: a gross yield of 8.3% on the 2014 price, before the service charge of about AED 30,000 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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 1,025,000 (AED 513 per sqft)Sold, December 2009: AED 1,500,000 (AED 750 per sqft)Sold, December 2010: AED 1,500,000 (AED 750 per sqft)Sold, February 2014: AED 2,399,999 (AED 1,201 per sqft)

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

Rents
Unit 306, each contractTypical two-bed in Shoreline - Hamri
100K150K200K2012201620202024Typical 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 2014: AED 160,000 a yearNew contract, December 2015: AED 175,000 a yearNew contract, January 2017: AED 160,000 a yearRenewal, January 2018: AED 150,000 a yearNew contract, March 2019: AED 130,000 a yearNew contract, September 2019: AED 110,000 a yearRenewal, September 2020: AED 105,000 a yearRenewal, September 2021: AED 105,000 a yearNew contract, August 2023: AED 200,000 a yearRenewal, August 2024: AED 200,000 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 306 sits

All 54 2-beds →

306 last sold in February 2014 at AED 1,201 per sqft, in line with what two-beds in Shoreline - Hamri were fetching at the time (AED 1,192). 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. 306's AED 200,000 is in the lower half 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
3012-bedAED 1.36M · Apr 2021
3023-bedAED 3.65M · May 2023
3033-bedAED 2.6M · Sep 2016
3041-bedAED 1.67M · Dec 2017
3052-bedAED 3.4M · Apr 2009
3072-bedAED 2.82M · Sep 2023
3082-bedAED 2.95M · Nov 2023
1–7 of 11

306, Shoreline - Hamri in numbers

  • Sold 4 times: first on 22 April 2009 for AED 1,025,000, last on 3 February 2014 for AED 2,399,999 (AED 1,201 per sqft).
  • Rented since December 2014 on 10 Ejari contracts. The rent fell from AED 160,000 to AED 105,000 in 2021 and recovered to AED 200,000 by August 2024.
  • At AED 200,000 a year the gross yield on the 2014 price is 8.3%, before a service charge of about AED 30,000 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 16 August 2024.

Questions about 306, Shoreline - Hamri

What did unit 306 last sell for?

AED 2,399,999 on 3 February 2014: AED 1,201 per sqft for 1,998 sqft. The unit has 4 registered sales; the first was AED 1,025,000 in April 2009.

What is the rent for unit 306?

AED 200,000 a year on the contract renewed on 16 August 2024. The previous contract, from August 2023, was AED 200,000; the unit has been rented since December 2014.

How big is unit 306?

1,998 sqft (185.6 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 306 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.

Selling 306? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 306, Shoreline - Hamri

Starts from the last sale price (AED 2.4M, 3 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,399,999
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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