2-bed · 1,551 sqftShoreline - Hatmi, Palm Jumeirah · 1st floor

106, Shoreline - Hatmi

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 1 January 2017
Last soldAED 870K22 March 2009
Current rentAED 246K /yr1 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Shoreline - Hatmi

What is 106 worth today?

Last sold for AED 870,000 in 2009

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1 Jan 2017RentedNew contract
AED 246,000/yr7 months · AED 159 per sqft
1 May 2016RentedRenewal
AED 246,000/yr12 months · AED 159 per sqft
1 May 2015RentedRenewal
AED 210,000/yr12 months · AED 135 per sqft
1 May 2014RentedNew contract
AED 231,000/yr12 months · AED 149 per sqft
1 May 2013RentedNew contract
AED 210,000/yr12 months · AED 135 per sqft
22 Mar 2009Sold by developerReady
AED 870,000AED 561 per sqft

Source: Dubai Land Department. Updated 1 January 2017.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
1st of 9
Parking
1B2-34
Service charge
AED 22,800 /yr
Last sold
AED 870K · March 2009

About 106, Shoreline - Hatmi

106 is a two-bedroom apartment of 1,551 sqft on the 1st floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. The developer sold it on 22 March 2009 for AED 870,000, or AED 561 per sqft, in line with the AED 576 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 January 2017, is AED 246,000 a year: a gross yield of 28.3% on the 2009 price, before the service charge of about AED 22,800 a year.

Sales and rents for 106 over time

Sales
Unit 106, 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, March 2009: AED 870,000 (AED 561 per sqft)

106 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 106, each contractTypical two-bed in Shoreline - Hatmi
200K2012201620202024Typical 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 210,000 a yearNew contract, May 2014: AED 231,000 a yearRenewal, May 2015: AED 210,000 a yearRenewal, May 2016: AED 246,000 a yearNew contract, January 2017: AED 246,000 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 106 sits

All 54 2-beds →

106 last sold in March 2009 at AED 561 per sqft, in line with what two-beds in Shoreline - Hatmi were fetching at the time (AED 576). 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. 106's AED 246,000 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 →

Other units on the 1st floor

All 107 units in Shoreline - Hatmi
Value
1012-bedAED 800K · Feb 2012
1023-bedAED 4M · May 2023
1041-bedAED 660K · Apr 2009
1052-bedAED 4.7M · Apr 2025
1071-bedAED 660K · Apr 2009
1083-bedAED 1.25M · Mar 2009
1093-bedAED 1.15M · Jan 2013
1–7 of 10

106, Shoreline - Hatmi in numbers

  • Sold once: by the developer on 22 March 2009 for AED 870,000, or AED 561 per sqft.
  • Rented since May 2013 on 5 Ejari contracts, from AED 210,000 to AED 246,000 a year.
  • At AED 246,000 a year the gross yield on the 2009 price is 28.3%, 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 1 January 2017.

Questions about 106, Shoreline - Hatmi

What did unit 106 last sell for?

AED 870,000 on 22 March 2009, sold by the developer: AED 561 per sqft for 1,551 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 246,000 a year on the contract signed on 1 January 2017. The previous contract, from May 2016, was AED 246,000; the unit has been rented since May 2013.

How big is unit 106?

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

What is unit 106 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.

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Mortgage on 106, Shoreline - Hatmi

Starts from the last sale price (AED 870K, 22 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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