2-bed · 1,583 sqftShoreline - Hamri, Palm Jumeirah · 5th floor · completed 2007

512, Shoreline - Hamri

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 2.53M1 April 2024
Current rentAED 125K /yr5 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Shoreline - Hamri

What is 512 worth today?

Last sold for AED 2,525,000 in 2024

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1 Apr 2024SoldReady
AED 2,525,000AED 1,595 per sqft
5 Dec 2023RentedRenewal
AED 125,224/yr18 months · AED 79 per sqft
5 Sep 2022RentedRenewal
AED 120,000/yr15 months · AED 76 per sqft
4 Jun 2021RentedNew contract
AED 109,756/yr15 months · AED 69 per sqft
24 Jul 2018SoldReady
AED 1,650,000AED 1,055 per sqft
22 Oct 2016RentedRenewal
AED 151,800/yr12 months · AED 97 per sqft
22 Oct 2015RentedRenewal
AED 138,000/yr12 months · AED 88 per sqft
22 Oct 2014RentedNew contract
AED 115,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
5th of 9
Parking
B2-83
Developer
Nakheel
Completed
2007
Service charge
AED 23,800 /yr
Last sold
AED 2.53M · April 2024

About 512, Shoreline - Hamri

512 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 1 April 2024 for AED 2,525,000, or AED 1,595 per sqft, in line with the AED 1,595 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 5 December 2023, is AED 125,224 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 23,800 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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, April 2009: AED 800,000 (AED 511 per sqft)Sold, July 2018: AED 1,650,000 (AED 1,055 per sqft)Sold, April 2024: AED 2,525,000 (AED 1,595 per sqft)

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

Rents
Unit 512, 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, October 2013: AED 115,000 a yearNew contract, October 2014: AED 115,000 a yearRenewal, October 2015: AED 138,000 a yearRenewal, October 2016: AED 151,800 a yearNew contract, June 2021: AED 109,756 a yearRenewal, September 2022: AED 120,000 a yearRenewal, December 2023: AED 125,224 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 512 sits

All 54 2-beds →

512 last sold in April 2024 at AED 1,595 per sqft, in line with what two-beds in Shoreline - Hamri were fetching at the time (AED 1,595). 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. 512's AED 125,224 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 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
5072-bedAED 4.4M · Mar 2025
1–7 of 11

512, Shoreline - Hamri in numbers

  • Sold 3 times: first on 27 April 2009 for AED 800,000, last on 1 April 2024 for AED 2,525,000 (AED 1,595 per sqft).
  • Rented since October 2013 on 7 Ejari contracts, from AED 115,000 to AED 125,224 a year.
  • At AED 125,224 a year the gross yield on the 2024 price is 5.0%, 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 1 April 2024.

Questions about 512, Shoreline - Hamri

What did unit 512 last sell for?

AED 2,525,000 on 1 April 2024: AED 1,595 per sqft for 1,583 sqft. The unit has 3 registered sales; the first was AED 800,000 in April 2009.

What is the rent for unit 512?

AED 125,224 a year on the contract renewed on 5 December 2023. The previous contract, from September 2022, was AED 120,000; the unit has been rented since October 2013.

How big is unit 512?

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 512 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 512, Shoreline - Hamri

Starts from the last sale price (AED 2.53M, 1 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,525,000
Deposit, UAE resident (20%)
AED 505,000
Deposit, non-resident (40%)
AED 1,010,000
Monthly over 25 years at 3.7%
AED 10,331

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