Home
Dubai prices
About
Research
2-bed · 1,551 sqftShoreline - Hatmi, Palm Jumeirah

1005, Shoreline - Hatmi

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

Unit 1005 · DLD and Ejari recordsUpdated 6 March 2024
Last soldAED 5M6 March 2024
Current rentAED 170K /yr16 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1005

Property timeline for 1005, Shoreline - Hatmi

What is 1005 worth today?

Last sold for AED 5,000,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

6 Mar 2024SoldReady
AED 5,000,000AED 3,224 per sqft
4 Sep 2019SoldReady
AED 1,950,000AED 1,257 per sqft
16 Jan 2019RentedRenewal
AED 170,000/yr12 months · AED 110 per sqft
16 Jan 2018RentedNew contract
AED 170,000/yr12 months · AED 110 per sqft
1 Jan 2017RentedNew contract
AED 207,000/yr12 months · AED 134 per sqft
6 May 2016RentedRenewal
AED 189,000/yr12 months · AED 122 per sqft
6 May 2015RentedNew contract
AED 189,000/yr12 months · AED 122 per sqft
6 May 2014RentedRenewal
AED 180,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 6 March 2024.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Parking
1B2-142
Service charge
AED 22,800 /yr
Last sold
AED 5M · March 2024
Building
Shoreline - Hatmi

About 1005, Shoreline - Hatmi

1005 is a two-bedroom apartment of 1,551 sqft of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 6 March 2024 for AED 5,000,000, or AED 3,224 per sqft, 9% above the AED 2,956 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 16 January 2019, is AED 170,000 a year: a gross yield of 3.4% on the 2024 price, before the service charge of about AED 22,800 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical two-bed in Shoreline - Hatmi
2M4M20092013201720212025Typical sale price by year: 2009 AED 972,500; 2010 AED 1,050,000; 2011 AED 2,525,000; 2012 AED 2,147,500; 2013 AED 2,450,000; 2014 AED 2,350,000; 2015 AED 1,600,000; 2016 AED 2,450,000; 2017 AED 3,400,000; 2018 AED 2,200,000; 2019 AED 2,170,000; 2022 AED 2,152,000; 2024 AED 4,335,000Sold by developer, April 2009: AED 4,200,000 (AED 2,708 per sqft)Sold, September 2019: AED 1,950,000 (AED 1,257 per sqft)Sold, March 2024: AED 5,000,000 (AED 3,224 per sqft)

1005 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1005, each contractTypical two-bed in Shoreline - Hatmi
150K200K2012201620202024Typical rent by year: 2012 AED 162,500; 2013 AED 169,000; 2014 AED 179,000; 2015 AED 185,000; 2016 AED 180,000; 2017 AED 175,000; 2018 AED 167,500; 2019 AED 160,000; 2020 AED 122,500; 2021 AED 132,500; 2022 AED 146,250; 2023 AED 174,000; 2024 AED 207,373; 2025 AED 220,053; 2026 AED 222,500New contract, May 2013: AED 180,000 a yearRenewal, May 2014: AED 180,000 a yearNew contract, May 2015: AED 189,000 a yearRenewal, May 2016: AED 189,000 a yearNew contract, January 2017: AED 207,000 a yearNew contract, January 2018: AED 170,000 a yearRenewal, January 2019: AED 170,000 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 - Hatmi, and where 1005 sits

All 54 2-beds →

1005 last sold in March 2024 at AED 3,224 per sqft, 9% above what two-beds in Shoreline - Hatmi were fetching at the time (AED 2,956). Over the last 12 months two-beds sold for AED 1,800,000 to 6,100,000, around AED 3,127 per sqft, and rent for AED 128,000 to 480,000 a year. 1005's AED 170,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Apr 20266,100,000
16 Mar 20261,800,000
5 May 20253,940,000
24 Apr 20254,700,000
2 2-bed sales in the last 12 months

Shoreline - Hatmi

Building

107 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah. 6 sold in the last 12 months.

Typical price per sqft
AED 2,885
Typical sale
AED 5.7M
Typical rent
AED 235K /yr
Typical yield
4.2%
Shoreline - Hatmi, Palm Jumeirah: prices, sales and rents →

1005, Shoreline - Hatmi in numbers

  • Sold 3 times: first on 26 April 2009 for AED 4,200,000, last on 6 March 2024 for AED 5,000,000 (AED 3,224 per sqft).
  • Rented since May 2013 on 7 Ejari contracts, from AED 180,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2024 price is 3.4%, before a service charge of about AED 22,800 a year (AED 14.68 per sqft).
  • Two-beds in Shoreline - Hatmi sold for AED 1,800,000–6,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,885 per sqft.

Source: Dubai Land Department. Updated 6 March 2024.

Questions about 1005, Shoreline - Hatmi

What did unit 1005 last sell for?

AED 5,000,000 on 6 March 2024: AED 3,224 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 4,200,000 in April 2009.

What is the rent for unit 1005?

AED 170,000 a year on the contract renewed on 16 January 2019. The previous contract, from January 2018, was AED 170,000; the unit has been rented since May 2013.

How big is unit 1005?

1,551 sqft (144.1 sqm): a two-bedroom apartment of a 9-storey tower.

What is unit 1005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Hatmi sold for AED 1,800,000 to 6,100,000 in the last 12 months, around AED 3,127 per sqft.

Selling 1005? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1005, Shoreline - Hatmi

Starts from the last sale price (AED 5M, 6 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

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