3-bed · 2,181 sqftShoreline - Hamri, Palm Jumeirah · 7th floor · completed 2007

711, Shoreline - Hamri

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

Unit 711 · DLD and Ejari recordsUpdated 25 September 2023
Last soldAED 3.53M25 September 2023
Current rentAED 220K /yr24 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Shoreline - Hamri

What is 711 worth today?

Last sold for AED 3,525,000 in 2023

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25 Sep 2023SoldReady
AED 3,525,000AED 1,616 per sqft
24 Jan 2023RentedNew contract
AED 220,000/yr12 months · AED 101 per sqft
12 Jul 2022SoldReady
AED 2,710,000AED 1,242 per sqft
12 Sep 2021RentedRenewal
AED 140,000/yr12 months · AED 64 per sqft
12 Sep 2020RentedRenewal
AED 125,000/yr12 months · AED 57 per sqft
12 Sep 2019RentedNew contract
AED 135,000/yr12 months · AED 62 per sqft
1 Oct 2015SoldReady
AED 2,700,000AED 1,238 per sqft
11 Aug 2014RentedNew contract
AED 159,144/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 25 September 2023.

Key facts

Type
3-bed apartment
Size
2,181 sqft
Floor
7th of 9
Parking
B2-120,B2-121
Developer
Nakheel
Completed
2007
Service charge
AED 32,700 /yr
Last sold
AED 3.53M · September 2023

About 711, Shoreline - Hamri

711 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. It last sold on 25 September 2023 for AED 3,525,000, or AED 1,616 per sqft, 5% above the AED 1,532 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 24 January 2023, is AED 220,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 32,700 a year.

Sales and rents for 711 over time

Sales
Unit 711, each saleTypical three-bed in Shoreline - Hamri
2M4M2009201420192024Typical sale price by year: 2009 AED 1,175,000; 2010 AED 2,350,000; 2011 AED 1,700,000; 2012 AED 1,700,000; 2013 AED 1,175,000; 2014 AED 2,115,000; 2015 AED 2,700,000; 2016 AED 2,600,000; 2021 AED 2,000,000; 2022 AED 2,755,000; 2023 AED 3,337,500; 2024 AED 4,200,000; 2025 AED 4,900,000Sold by developer, April 2009: AED 1,175,000 (AED 538 per sqft)Sold, October 2015: AED 2,700,000 (AED 1,238 per sqft)Sold, July 2022: AED 2,710,000 (AED 1,242 per sqft)Sold, September 2023: AED 3,525,000 (AED 1,616 per sqft)

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

Rents
Unit 711, each contractTypical three-bed in Shoreline - Hamri
100K200K2012201620202024Typical rent by year: 2012 AED 155,000; 2013 AED 160,000; 2014 AED 184,500; 2015 AED 187,500; 2016 AED 185,000; 2017 AED 175,000; 2018 AED 162,500; 2019 AED 144,995; 2020 AED 130,000; 2021 AED 130,000; 2022 AED 150,000; 2023 AED 160,000; 2024 AED 211,135; 2025 AED 267,500; 2026 AED 245,000New contract, August 2013: AED 152,580 a yearNew contract, August 2014: AED 159,144 a yearNew contract, September 2019: AED 135,000 a yearRenewal, September 2020: AED 125,000 a yearRenewal, September 2021: AED 140,000 a yearNew contract, January 2023: AED 220,000 a year

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 711 sits

All 40 3-beds →

711 last sold in September 2023 at AED 1,616 per sqft, 5% above what three-beds in Shoreline - Hamri were fetching at the time (AED 1,532). 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. 711's AED 220,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Feb 20267,425,000
20 Nov 20255,800,000
27 Feb 20254,000,000
25 Feb 20254,950,000
2 3-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 7th floor

All 108 units in Shoreline - Hamri
Value
7012-bedAED 825K · Apr 2009
7023-bedAED 1.18M · Apr 2014
7033-bedAED 3.9M · Sep 2023
7041-bedAED 1.18M · Feb 2020
7052-bedAED 2.2M · Dec 2022
7062-bedAED 2.92M · Aug 2023
7072-bedAED 3.85M · Nov 2024
1–7 of 11

711, Shoreline - Hamri in numbers

  • Sold 4 times: first on 23 April 2009 for AED 1,175,000, last on 25 September 2023 for AED 3,525,000 (AED 1,616 per sqft).
  • Rented since August 2013 on 6 Ejari contracts. The rent fell from AED 152,580 to AED 125,000 in 2020 and recovered to AED 220,000 by January 2023.
  • At AED 220,000 a year the gross yield on the 2023 price is 6.2%, 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 25 September 2023.

Questions about 711, Shoreline - Hamri

What did unit 711 last sell for?

AED 3,525,000 on 25 September 2023: AED 1,616 per sqft for 2,181 sqft. The unit has 4 registered sales; the first was AED 1,175,000 in April 2009.

What is the rent for unit 711?

AED 220,000 a year on the contract signed on 24 January 2023. The previous contract, from September 2021, was AED 140,000; the unit has been rented since August 2013.

How big is unit 711?

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 711 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 711, Shoreline - Hamri

Starts from the last sale price (AED 3.53M, 25 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,525,000
Deposit, UAE resident (20%)
AED 705,000
Deposit, non-resident (40%)
AED 1,410,000
Monthly over 25 years at 3.7%
AED 14,422

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