702, Shoreline - Hamri
Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Shoreline - Hamri
What is 702 worth today?
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Source: Dubai Land Department. Updated 3 January 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,181 sqft
- Floor
- 7th of 9
- Parking
- B2-102,B2-103
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 32,700 /yr
- Last sold
- AED 1.18M · April 2014
- Building
- Shoreline - Hamri
About 702, Shoreline - Hamri
702 is a three-bedroom apartment of 2,181 sqft on the 7th floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 9 April 2014 for AED 1,175,000, or AED 538 per sqft, in line with the AED 538 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 3 January 2025, is AED 214,711 a year: a gross yield of 18.3% on the 2014 price, before the service charge of about AED 32,700 a year.
Sales and rents for 702 over time
702 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Shoreline - Hamri, and where 702 sits
All 40 3-beds →702 last sold in April 2014 at AED 538 per sqft, in line with what three-beds in Shoreline - Hamri were fetching at the time (AED 538). Over the last 12 months three-beds sold for AED 5,800,000 to 7,425,000, around AED 3,039 per sqft, and rent for AED 188,000 to 320,000 a year. 702's AED 214,711 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Feb 202626 February 2026 | 2,142 sqft | 7,425,000 | 3,466 | ||
| 20 Nov 202520 November 2025 | 2,221 sqft | 5,800,000 | 2,611 | ||
| 27 Feb 202527 February 2025 | 2,200 sqft | 4,000,000 | 1,817 | ||
| 25 Feb 202525 February 2025 | 2,181 sqft | 4,950,000 | 2,269 |
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 7th floor
All 108 units in Shoreline - Hamri| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,563 sqft | AED 825KAED 825,000 · Apr 2009April 2009 | 160,000 /yr | |
| 703 | 3-bed | 2,161 sqft | AED 3.9MAED 3,900,000 · Sep 2023September 2023 | 270,000 /yr | |
| 704 | 1-bed | 1,145 sqft | AED 1.18MAED 1,175,000 · Feb 2020February 2020 | 170,000 /yr | |
| 705 | 2-bed | 1,551 sqft | AED 2.2MAED 2,200,000 · Dec 2022December 2022 | 190,000 /yr | |
| 706 | 2-bed | 1,994 sqft | AED 2.92MAED 2,920,000 · Aug 2023August 2023 | 121,000 /yr | |
| 707 | 2-bed | 1,994 sqft | AED 3.85MAED 3,850,000 · Nov 2024November 2024 | 210,000 /yr | |
| 708 | 2-bed | 1,551 sqft | AED 1.8MAED 1,800,000 · May 2018May 2018 | 155,000 /yr | |
| 709 | 1-bed | 1,145 sqft | AED 625KAED 625,000 · Jul 2009July 2009 | 120,000 /yr | |
| 710 | 3-bed | 2,193 sqft | AED 4.85MAED 4,850,000 · Feb 2025February 2025 | ||
| 711 | 3-bed | 2,181 sqft | AED 3.53MAED 3,525,000 · Sep 2023September 2023 | 220,000 /yr | |
| 712 | 2-bed | 1,563 sqft | AED 825KAED 825,000 · Apr 2009April 2009 | 176,000 /yr |
702, Shoreline - Hamri in numbers
- Sold once: by Nakheel on 9 April 2014 for AED 1,175,000, or AED 538 per sqft.
- Rented since February 2014 on 11 Ejari contracts. The rent fell from AED 185,000 to AED 140,000 in 2021 and recovered to AED 214,711 by January 2025.
- At AED 214,711 a year the gross yield on the 2014 price is 18.3%, before a service charge of about AED 32,700 a year (AED 15.01 per sqft).
- Three-beds in Shoreline - Hamri sold for AED 5,800,000–7,425,000 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 3 January 2025.
Questions about 702, Shoreline - Hamri
What did unit 702 last sell for?
AED 1,175,000 on 9 April 2014, sold by the developer: AED 538 per sqft for 2,181 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 214,711 a year on the contract renewed on 3 January 2025. The previous contract, from January 2024, was AED 190,000; the unit has been rented since February 2014.
How big is unit 702?
2,181 sqft (202.6 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.
What is unit 702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Hamri sold for AED 5,800,000 to 7,425,000 in the last 12 months, around AED 3,039 per sqft.
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Mortgage on 702, Shoreline - Hamri
Starts from the last sale price (AED 1.18M, 9 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,175,000
- Deposit, UAE resident (20%)
- AED 235,000
- Deposit, non-resident (40%)
- AED 470,000
- Monthly over 25 years at 3.7%
- AED 4,807
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →