2-bed · 1,551 sqftShoreline - Hamri, Palm Jumeirah · 6th floor · completed 2007

605, Shoreline - Hamri

Sold prices and rental history: sold 4 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 31 October 2023
Last soldAED 2.63M31 October 2023
Current rentAED 124K /yr29 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Shoreline - Hamri

What is 605 worth today?

Last sold for AED 2,625,000 in 2023

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31 Oct 2023SoldReady
AED 2,625,000AED 1,692 per sqft
29 Aug 2023RentedRenewal
AED 124,028/yr7 months · AED 80 per sqft
29 Aug 2022RentedRenewal
AED 112,000/yr12 months · AED 72 per sqft
29 Aug 2021RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft
29 Aug 2020RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
20 Dec 2019RentedNew contract
AED 105,000/yr12 months · AED 68 per sqft
14 Nov 2019SoldReady
AED 1,350,000AED 870 per sqft
1 Nov 2018RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 31 October 2023.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
6th of 9
Parking
B2-88
Developer
Nakheel
Completed
2007
Service charge
AED 23,300 /yr
Last sold
AED 2.63M · October 2023

About 605, Shoreline - Hamri

605 is a two-bedroom apartment of 1,551 sqft on the 6th floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 31 October 2023 for AED 2,625,000, or AED 1,692 per sqft, 16% above the AED 1,464 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 29 August 2023, is AED 124,028 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 23,300 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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 815,000 (AED 525 per sqft)Sold, January 2010: AED 1,499,000 (AED 966 per sqft)Sold, November 2019: AED 1,350,000 (AED 870 per sqft)Sold, October 2023: AED 2,625,000 (AED 1,692 per sqft)

605 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 605, 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, February 2013: AED 110,000 a yearNew contract, February 2014: AED 130,000 a yearNew contract, February 2015: AED 150,000 a yearRenewal, February 2016: AED 150,000 a yearNew contract, November 2016: AED 145,000 a yearRenewal, November 2017: AED 140,000 a yearRenewal, November 2018: AED 130,000 a yearNew contract, December 2019: AED 105,000 a yearNew contract, August 2020: AED 90,000 a yearRenewal, August 2021: AED 100,000 a yearRenewal, August 2022: AED 112,000 a yearRenewal, August 2023: AED 124,028 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 605 sits

All 54 2-beds →

605 last sold in October 2023 at AED 1,692 per sqft, 16% above what two-beds in Shoreline - Hamri were fetching at the time (AED 1,464). 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. 605's AED 124,028 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 6th floor

All 108 units in Shoreline - Hamri
Value
6012-bedAED 650K · May 2022
6023-bedAED 2.7M · Aug 2015
6033-bedAED 2.2M · Jul 2021
6041-bedAED 2.95M · Jul 2025
6062-bedAED 1.05M · Apr 2009
6072-bedAED 1.6M · Mar 2021
6082-bedAED 1.3M · Jul 2011
1–7 of 11

605, Shoreline - Hamri in numbers

  • Sold 4 times: first on 26 April 2009 for AED 815,000, last on 31 October 2023 for AED 2,625,000 (AED 1,692 per sqft).
  • Rented since February 2013 on 12 Ejari contracts. The rent fell from AED 110,000 to AED 90,000 in 2020 and recovered to AED 124,028 by August 2023.
  • At AED 124,028 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 23,300 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 31 October 2023.

Questions about 605, Shoreline - Hamri

What did unit 605 last sell for?

AED 2,625,000 on 31 October 2023: AED 1,692 per sqft for 1,551 sqft. The unit has 4 registered sales; the first was AED 815,000 in April 2009.

What is the rent for unit 605?

AED 124,028 a year on the contract renewed on 29 August 2023. The previous contract, from August 2022, was AED 112,000; the unit has been rented since February 2013.

How big is unit 605?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2007.

What is unit 605 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 605, Shoreline - Hamri

Starts from the last sale price (AED 2.63M, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,625,000
Deposit, UAE resident (20%)
AED 525,000
Deposit, non-resident (40%)
AED 1,050,000
Monthly over 25 years at 3.7%
AED 10,740

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