501, Shoreline - Hamri
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Shoreline - Hamri
What is 501 worth today?
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Source: Dubai Land Department. Updated 19 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,583 sqft
- Floor
- 5th of 9
- Parking
- B2-67
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 23,800 /yr
- Last sold
- AED 2.8M · October 2023
- Building
- Shoreline - Hamri
About 501, Shoreline - Hamri
501 is a two-bedroom apartment of 1,583 sqft on the 5th floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 19 October 2023 for AED 2,800,000, or AED 1,769 per sqft, 25% above the AED 1,418 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 24 September 2022, is AED 80,000 a year: a gross yield of 2.9% on the 2023 price, before the service charge of about AED 23,800 a year.
Sales and rents for 501 over time
501 has sold twice; the dashed line is the two-bed median of each year in the building.
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 501 sits
All 54 2-beds →501 last sold in October 2023 at AED 1,769 per sqft, 25% above what two-beds in Shoreline - Hamri were fetching at the time (AED 1,418). 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. 501's AED 80,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,551 sqft | 3,750,000 | 2,418 | ||
| 20 Jul 202620 July 2026 | 1,612 sqft | 2,975,000 | 1,845 | ||
| 17 Jun 202617 June 2026 | 1,551 sqft | 3,400,000 | 2,192 | ||
| 5 May 20265 May 2026 | 2,014 sqft | 3,550,000 | 1,762 |
Shoreline - Hamri
Building108 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%
Other units on the 5th floor
All 108 units in Shoreline - Hamri| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 3-bed | 2,234 sqft | AED 4.5MAED 4,500,000 · Nov 2024November 2024 | 280,000 /yr | |
| 503 | 3-bed | 2,161 sqft | AED 3.78MAED 3,775,000 · Apr 2009April 2009 | 280,000 /yr | |
| 504 | 1-bed | 1,145 sqft | AED 2.1MAED 2,100,000 · Oct 2023October 2023 | 110,000 /yr | |
| 505 | 2-bed | 1,551 sqft | AED 2.19MAED 2,193,000 · Apr 2009April 2009 | 160,000 /yr | |
| 506 | 2-bed | 2,014 sqft | AED 3.55MAED 3,550,000 · May 2026May 2026 | 165,000 /yr | |
| 507 | 2-bed | 2,014 sqft | AED 4.4MAED 4,400,000 · Mar 2025March 2025 | 210,000 /yr | |
| 508 | 2-bed | 1,551 sqft | AED 2.1MAED 2,100,000 · Mar 2022March 2022 | 220,000 /yr | |
| 509 | 1-bed | 1,145 sqft | AED 2.64MAED 2,635,000 · Oct 2025October 2025 | 145,000 /yr | |
| 510 | 3-bed | 2,161 sqft | AED 2.7MAED 2,700,000 · Apr 2016April 2016 | 150,000 /yr | |
| 511 | 3-bed | 2,221 sqft | AED 2.8MAED 2,800,000 · Apr 2022April 2022 | 250,000 /yr | |
| 512 | 2-bed | 1,583 sqft | AED 2.53MAED 2,525,000 · Apr 2024April 2024 | 125,224 /yr |
501, Shoreline - Hamri in numbers
- Sold twice: first on 27 April 2009 for AED 800,000, last on 19 October 2023 for AED 2,800,000 (AED 1,769 per sqft).
- Rented since August 2012 on 8 Ejari contracts, from AED 105,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2023 price is 2.9%, 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 19 October 2023.
Questions about 501, Shoreline - Hamri
What did unit 501 last sell for?
AED 2,800,000 on 19 October 2023: AED 1,769 per sqft for 1,583 sqft. The unit has 2 registered sales; the first was AED 800,000 in April 2009.
What is the rent for unit 501?
AED 80,000 a year on the contract renewed on 24 September 2022. The previous contract, from September 2021, was AED 80,000; the unit has been rented since August 2012.
How big is unit 501?
1,583 sqft (147.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.
What is unit 501 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 501, Shoreline - Hamri
Starts from the last sale price (AED 2.8M, 19 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →