1-bed · 1,145 sqftShoreline - Hamri, Palm Jumeirah · 5th floor · completed 2007

504, 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.

Unit 504 · DLD and Ejari recordsUpdated 4 October 2023
Last soldAED 2.1M4 October 2023
Current rentAED 110K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Shoreline - Hamri

What is 504 worth today?

Last sold for AED 2,100,000 in 2023

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4 Oct 2023SoldReady
AED 2,100,000AED 1,833 per sqft
1 Jun 2023RentedRenewal
AED 110,000/yr12 months · AED 96 per sqft
1 Jun 2022RentedNew contract
AED 95,000/yr12 months · AED 83 per sqft
1 Jun 2021RentedNew contract
AED 70,000/yr12 months · AED 61 per sqft
22 May 2020RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft
24 Nov 2018RentedRenewal
AED 110,000/yr12 months · AED 96 per sqft
24 Nov 2017RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
10 May 2016RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 4 October 2023.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
5th of 9
Parking
B2-68
Developer
Nakheel
Completed
2007
Service charge
AED 17,200 /yr
Last sold
AED 2.1M · October 2023

About 504, Shoreline - Hamri

504 is a one-bedroom apartment of 1,145 sqft on the 5th floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 4 October 2023 for AED 2,100,000, or AED 1,833 per sqft, 9% above the AED 1,680 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 110,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 17,200 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Shoreline - Hamri
1M2M3M2009201420192024Typical sale price by year: 2009 AED 625,000; 2013 AED 1,600,000; 2014 AED 1,358,000; 2017 AED 1,370,000; 2018 AED 1,330,000; 2023 AED 1,925,000; 2024 AED 1,815,000; 2025 AED 2,650,000Sold by developer, April 2009: AED 600,000 (AED 523 per sqft)Sold, October 2023: AED 2,100,000 (AED 1,833 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in Shoreline - Hamri
100K150K2012201620202024Typical rent by year: 2012 AED 85,000; 2013 AED 90,000; 2014 AED 110,000; 2015 AED 115,250; 2016 AED 112,296; 2017 AED 110,000; 2018 AED 105,000; 2019 AED 85,000; 2020 AED 81,000; 2021 AED 75,000; 2022 AED 100,000; 2023 AED 125,000; 2024 AED 135,000; 2025 AED 138,294; 2026 AED 135,356New contract, April 2012: AED 85,000 a yearNew contract, April 2013: AED 95,000 a yearNew contract, April 2014: AED 110,000 a yearNew contract, April 2015: AED 130,000 a yearNew contract, May 2016: AED 120,000 a yearNew contract, November 2017: AED 110,000 a yearRenewal, November 2018: AED 110,000 a yearNew contract, May 2020: AED 75,000 a yearNew contract, June 2021: AED 70,000 a yearNew contract, June 2022: AED 95,000 a yearRenewal, June 2023: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Hamri, and where 504 sits

All 22 1-beds →

504 last sold in October 2023 at AED 1,833 per sqft, 9% above what one-beds in Shoreline - Hamri were fetching at the time (AED 1,680). Over the last 12 months one-beds sold for AED 2,250,000, around AED 3,124 per sqft, and rent for AED 120,000 to 195,000 a year. 504's AED 110,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Apr 20262,250,000
15 Oct 20252,635,000
3 Jul 20252,950,000
16 Jun 20252,650,000
1 1-bed sale 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 5th floor

All 108 units in Shoreline - Hamri
Value
5012-bedAED 2.8M · Oct 2023
5023-bedAED 4.5M · Nov 2024
5033-bedAED 3.78M · Apr 2009
5052-bedAED 2.19M · Apr 2009
5062-bedAED 3.55M · May 2026
5072-bedAED 4.4M · Mar 2025
5082-bedAED 2.1M · Mar 2022
1–7 of 11

504, Shoreline - Hamri in numbers

  • Sold twice: first on 27 April 2009 for AED 600,000, last on 4 October 2023 for AED 2,100,000 (AED 1,833 per sqft).
  • Rented since April 2012 on 11 Ejari contracts. The rent fell from AED 85,000 to AED 70,000 in 2021 and recovered to AED 110,000 by June 2023.
  • At AED 110,000 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 17,200 a year (AED 15.01 per sqft).
  • One-beds in Shoreline - Hamri sold for AED 2,250,000–2,250,000 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 4 October 2023.

Questions about 504, Shoreline - Hamri

What did unit 504 last sell for?

AED 2,100,000 on 4 October 2023: AED 1,833 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 600,000 in April 2009.

What is the rent for unit 504?

AED 110,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 95,000; the unit has been rented since April 2012.

How big is unit 504?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shoreline - Hamri sold for AED 2,250,000 to 2,250,000 in the last 12 months, around AED 3,124 per sqft.

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Mortgage on 504, Shoreline - Hamri

Starts from the last sale price (AED 2.1M, 4 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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