2-bed · 1,586 sqftShoreline - Hamri, Palm Jumeirah · 4th floor · completed 2007

412, Shoreline - Hamri

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 28 October 2022
Last soldAED 2M28 October 2022
Current rentAED 104K /yr20 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Shoreline - Hamri

What is 412 worth today?

Last sold for AED 2,000,000 in 2022

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28 Oct 2022SoldReady
AED 2,000,000AED 1,260 per sqft
20 Aug 2022RentedRenewal
AED 103,500/yr12 months · AED 65 per sqft
20 Aug 2021RentedRenewal
AED 90,000/yr12 months · AED 57 per sqft
20 Aug 2020RentedNew contract
AED 77,000/yr12 months · AED 49 per sqft
21 Dec 2016SoldReady
AED 1,800,000AED 1,151 per sqft
23 Oct 2016RentedNew contract
AED 261,290/yr6 months · AED 167 per sqft
23 Oct 2016RentedRenewal
AED 135,000/yr12 months · AED 86 per sqft
23 Apr 2016RentedRenewal
AED 135,000/yr6 months · AED 86 per sqft

Source: Dubai Land Department. Updated 28 October 2022.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
4th of 9
Parking
B2-64
Developer
Nakheel
Completed
2007
Service charge
AED 23,800 /yr
Last sold
AED 2M · October 2022

About 412, Shoreline - Hamri

412 is a two-bedroom apartment of 1,586 sqft on the 4th floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 28 October 2022 for AED 2,000,000, or AED 1,260 per sqft, 9% above the AED 1,151 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 20 August 2022, is AED 103,500 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 23,800 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, May 2009: AED 800,000 (AED 511 per sqft)Sold, December 2016: AED 1,800,000 (AED 1,151 per sqft)Sold, October 2022: AED 2,000,000 (AED 1,260 per sqft)

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

Rents
Unit 412, each contractTypical two-bed in Shoreline - Hamri
100K200K2012201620202024Typical 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, May 2014: AED 145,000 a yearNew contract, April 2015: AED 135,000 a yearRenewal, April 2016: AED 135,000 a yearNew contract, October 2016: AED 261,290 a yearRenewal, October 2016: AED 135,000 a yearNew contract, August 2020: AED 77,000 a yearRenewal, August 2021: AED 90,000 a yearRenewal, August 2022: AED 103,500 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 412 sits

All 54 2-beds →

412 last sold in October 2022 at AED 1,260 per sqft, 9% above what two-beds in Shoreline - Hamri were fetching at the time (AED 1,151). 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. 412's AED 103,500 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 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

412, Shoreline - Hamri in numbers

  • Sold 3 times: first on 14 May 2009 for AED 800,000, last on 28 October 2022 for AED 2,000,000 (AED 1,260 per sqft).
  • Rented since May 2014 on 8 Ejari contracts. The rent fell from AED 145,000 to AED 77,000 in 2020 and recovered to AED 103,500 by August 2022.
  • At AED 103,500 a year the gross yield on the 2022 price is 5.2%, 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 28 October 2022.

Questions about 412, Shoreline - Hamri

What did unit 412 last sell for?

AED 2,000,000 on 28 October 2022: AED 1,260 per sqft for 1,586 sqft. The unit has 3 registered sales; the first was AED 800,000 in May 2009.

What is the rent for unit 412?

AED 103,500 a year on the contract renewed on 20 August 2022. The previous contract, from August 2021, was AED 90,000; the unit has been rented since May 2014.

How big is unit 412?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 412 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 412, Shoreline - Hamri

Starts from the last sale price (AED 2M, 28 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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