2-bed · 2,014 sqftShoreline - Hamri, Palm Jumeirah · 5th floor · completed 2007

507, Shoreline - Hamri

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 12 March 2025
Last soldAED 4.4M12 March 2025
Current rentAED 210K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Shoreline - Hamri

What is 507 worth today?

Last sold for AED 4,400,000 in 2025

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12 Mar 2025SoldReady
AED 4,400,000AED 2,184 per sqft
10 Aug 2024RentedNew contract
AED 210,000/yr6 months · AED 104 per sqft
10 Aug 2023RentedNew contract
AED 195,000/yr12 months · AED 97 per sqft
3 Apr 2022RentedNew contract
AED 155,000/yr12 months · AED 77 per sqft
25 Feb 2022RentedRenewal
AED 120,000/yr4 months · AED 61 per sqft
25 Oct 2021RentedRenewal
AED 120,000/yr4 months · AED 61 per sqft
25 Oct 2020RentedRenewal
AED 100,000/yr12 months · AED 51 per sqft
25 Oct 2019RentedNew contract
AED 110,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 12 March 2025.

Key facts

Type
2-bed apartment
Size
2,014 sqft
Floor
5th of 9
Parking
B2-76
Developer
Nakheel
Completed
2007
Service charge
AED 30,200 /yr
Last sold
AED 4.4M · March 2025

About 507, Shoreline - Hamri

507 is a two-bedroom apartment of 2,014 sqft on the 5th floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 12 March 2025 for AED 4,400,000, or AED 2,184 per sqft, 22% above the AED 1,788 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 10 August 2024, is AED 210,000 a year: a gross yield of 4.8% on the 2025 price, before the service charge of about AED 30,200 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, August 2009: AED 1,025,000 (AED 519 per sqft)Sold, March 2025: AED 4,400,000 (AED 2,184 per sqft)

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

Rents
Unit 507, 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, July 2013: AED 135,000 a yearNew contract, July 2014: AED 175,000 a yearRenewal, July 2015: AED 175,000 a yearRenewal, July 2016: AED 175,000 a yearRenewal, October 2016: AED 170,000 a yearRenewal, October 2017: AED 160,000 a yearRenewal, October 2018: AED 145,000 a yearNew contract, October 2019: AED 110,000 a yearRenewal, October 2020: AED 100,000 a yearRenewal, October 2021: AED 120,000 a yearRenewal, February 2022: AED 120,000 a yearNew contract, April 2022: AED 155,000 a yearNew contract, August 2023: AED 195,000 a yearNew contract, August 2024: AED 210,000 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 507 sits

All 54 2-beds →

507 last sold in March 2025 at AED 2,184 per sqft, 22% above what two-beds in Shoreline - Hamri were fetching at the time (AED 1,788). 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. 507's AED 210,000 is in the upper 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 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
5041-bedAED 2.1M · Oct 2023
5052-bedAED 2.19M · Apr 2009
5062-bedAED 3.55M · May 2026
5082-bedAED 2.1M · Mar 2022
1–7 of 11

507, Shoreline - Hamri in numbers

  • Sold twice: first on 11 August 2009 for AED 1,025,000, last on 12 March 2025 for AED 4,400,000 (AED 2,184 per sqft).
  • Rented since July 2013 on 14 Ejari contracts. The rent fell from AED 135,000 to AED 100,000 in 2020 and recovered to AED 210,000 by August 2024.
  • At AED 210,000 a year the gross yield on the 2025 price is 4.8%, before a service charge of about AED 30,200 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 12 March 2025.

Questions about 507, Shoreline - Hamri

What did unit 507 last sell for?

AED 4,400,000 on 12 March 2025: AED 2,184 per sqft for 2,014 sqft. The unit has 2 registered sales; the first was AED 1,025,000 in August 2009.

What is the rent for unit 507?

AED 210,000 a year on the contract signed on 10 August 2024. The previous contract, from August 2023, was AED 195,000; the unit has been rented since July 2013.

How big is unit 507?

2,014 sqft (187.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.

What is unit 507 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 507, Shoreline - Hamri

Starts from the last sale price (AED 4.4M, 12 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

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