2-bed · 1,551 sqftShoreline - Hamri, Palm Jumeirah · 4th floor · completed 2007

408, Shoreline - Hamri

Sold prices and rental history: sold 3 times, last in August 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 2 July 2026
Last soldAED 1.85M3 August 2017
Current rentAED 160K /yr2 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Shoreline - Hamri

What is 408 worth today?

Last sold for AED 1,850,000 in 2017

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2 Jul 2026RentedRenewal
AED 159,600/yr12 months · AED 103 per sqft
2 Jul 2025RentedRenewal
AED 159,600/yr12 months · AED 103 per sqft
2 Jul 2025RentedRenewal
AED 159,600/yr12 months · AED 103 per sqft
2 Jul 2024RentedRenewal
AED 152,000/yr12 months · AED 98 per sqft
2 Jul 2023RentedRenewal
AED 152,000/yr12 months · AED 98 per sqft
2 Jul 2022RentedNew contract
AED 142,000/yr12 months · AED 92 per sqft
11 Mar 2022RentedRenewal
AED 115,000/yr3 months · AED 74 per sqft
11 Mar 2021RentedNew contract
AED 95,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 2 July 2026.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
4th of 9
Parking
B2-62
Developer
Nakheel
Completed
2007
Service charge
AED 23,300 /yr
Last sold
AED 1.85M · August 2017

About 408, Shoreline - Hamri

408 is a two-bedroom apartment of 1,551 sqft on the 4th floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 3 August 2017 for AED 1,850,000, or AED 1,192 per sqft, 5% below the AED 1,249 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 17 Ejari contracts. The current contract, renewed on 2 July 2026, is AED 159,600 a year: a gross yield of 8.6% on the 2017 price, before the service charge of about AED 23,300 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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 2013: AED 790,000 (AED 509 per sqft)Sold, November 2013: AED 2,000,000 (AED 1,289 per sqft)Sold, August 2017: AED 1,850,000 (AED 1,192 per sqft)

408 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 408, each contractTypical two-bed in Shoreline - Hamri
100K150K2012201620202024Typical 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 2012: AED 125,000 a yearNew contract, December 2013: AED 125,000 a yearNew contract, December 2014: AED 125,000 a yearNew contract, December 2015: AED 160,000 a yearNew contract, October 2016: AED 150,000 a yearNew contract, December 2017: AED 128,000 a yearRenewal, December 2018: AED 123,000 a yearNew contract, December 2019: AED 118,000 a yearRenewal, December 2020: AED 90,000 a yearNew contract, March 2021: AED 95,000 a yearRenewal, March 2022: AED 115,000 a yearNew contract, July 2022: AED 142,000 a yearRenewal, July 2023: AED 152,000 a yearRenewal, July 2024: AED 152,000 a yearRenewal, July 2025: AED 159,600 a yearRenewal, July 2025: AED 159,600 a yearRenewal, July 2026: AED 159,600 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 408 sits

All 54 2-beds →

408 last sold in August 2017 at AED 1,192 per sqft, 5% below what two-beds in Shoreline - Hamri were fetching at the time (AED 1,249). 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. 408's AED 159,600 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 4th floor

All 108 units in Shoreline - Hamri
Value
4012-bedAED 2.1M · Aug 2015
4023-bedAED 2.45M · Jun 2016
4033-bedAED 2.49M · May 2023
4041-bedAED 1.31M · Aug 2021
4052-bedAED 790K · Apr 2009
4062-bedAED 2.1M · Dec 2021
4072-bedAED 4.6M · Dec 2025
1–7 of 11

408, Shoreline - Hamri in numbers

  • Sold 3 times: first on 28 January 2013 for AED 790,000, last on 3 August 2017 for AED 1,850,000 (AED 1,192 per sqft).
  • Rented since November 2012 on 17 Ejari contracts. The rent fell from AED 125,000 to AED 90,000 in 2020 and recovered to AED 159,600 by July 2026.
  • At AED 159,600 a year the gross yield on the 2017 price is 8.6%, before a service charge of about AED 23,300 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 2 July 2026.

Questions about 408, Shoreline - Hamri

What did unit 408 last sell for?

AED 1,850,000 on 3 August 2017: AED 1,192 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 790,000 in January 2013.

What is the rent for unit 408?

AED 159,600 a year on the contract renewed on 2 July 2026. The previous contract, from July 2025, was AED 159,600; the unit has been rented since November 2012.

How big is unit 408?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 408 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 408, Shoreline - Hamri

Starts from the last sale price (AED 1.85M, 3 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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