3-bed · 2,159 sqftShoreline - Hatmi, Palm Jumeirah · 2nd floor

203, Shoreline - Hatmi

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 10 November 2021
Last soldAED 2.5M10 November 2021
Current rentAED 100K /yr22 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Shoreline - Hatmi

What is 203 worth today?

Last sold for AED 2,500,000 in 2021

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10 Nov 2021SoldReady
AED 2,500,000AED 1,157 per sqft
22 Nov 2017RentedRenewal
AED 100,270/yr12 months · AED 46 per sqft
23 Nov 2016RentedRenewal
AED 100,270/yr12 months · AED 46 per sqft
23 Nov 2015RentedRenewal
AED 100,000/yr12 months · AED 46 per sqft
23 Nov 2014RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
23 Nov 2013RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
24 Nov 2012RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
22 Mar 2009Sold by developerReady
AED 3,600,000AED 1,667 per sqft

Source: Dubai Land Department. Updated 10 November 2021.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
2nd of 9
Parking
1B2-55,1B2-56
Service charge
AED 31,700 /yr
Last sold
AED 2.5M · November 2021

About 203, Shoreline - Hatmi

203 is a three-bedroom apartment of 2,159 sqft on the 2nd floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 10 November 2021 for AED 2,500,000, or AED 1,157 per sqft, 12% above the AED 1,031 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 22 November 2017, is AED 100,270 a year: a gross yield of 4.0% on the 2021 price, before the service charge of about AED 31,700 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical three-bed in Shoreline - Hatmi
2.5M5M2009201420192024Typical sale price by year: 2009 AED 1,250,000; 2010 AED 2,200,000; 2011 AED 2,150,000; 2012 AED 2,400,000; 2013 AED 1,650,000; 2016 AED 2,900,500; 2021 AED 2,250,000; 2022 AED 3,055,000; 2023 AED 3,900,000; 2026 AED 5,900,000Sold by developer, March 2009: AED 3,600,000 (AED 1,667 per sqft)Sold, November 2021: AED 2,500,000 (AED 1,157 per sqft)

203 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 203, each contractTypical three-bed in Shoreline - Hatmi
100K200K300K2012201620202024Typical rent by year: 2012 AED 195,000; 2013 AED 181,000; 2014 AED 201,026; 2015 AED 205,330; 2016 AED 197,500; 2017 AED 192,500; 2018 AED 167,500; 2019 AED 160,000; 2020 AED 140,000; 2021 AED 147,000; 2022 AED 170,000; 2023 AED 222,500; 2024 AED 255,000; 2025 AED 275,000; 2026 AED 242,500New contract, November 2012: AED 100,000 a yearNew contract, November 2013: AED 100,000 a yearNew contract, November 2014: AED 100,000 a yearRenewal, November 2015: AED 100,000 a yearRenewal, November 2016: AED 100,270 a yearRenewal, November 2017: AED 100,270 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 - Hatmi, and where 203 sits

All 39 3-beds →

203 last sold in November 2021 at AED 1,157 per sqft, 12% above what three-beds in Shoreline - Hatmi were fetching at the time (AED 1,031). Over the last 12 months three-beds sold for AED 5,500,000 to 6,700,000, around AED 2,666 per sqft, and rent for AED 100,000 to 430,000 a year. 203's AED 100,270 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Oct 20265,500,000
9 Oct 20266,700,000
14 Jan 20265,900,000
26 Aug 20256,300,000
3 3-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 2nd floor

All 107 units in Shoreline - Hatmi
Value
2012-bedAED 3.74M · Oct 2024
2023-bedAED 1.15M · Apr 2009
2041-bedAED 1.65M · May 2013
2052-bedAED 6.1M · Apr 2026
2062-bedAED 2.9M · Mar 2012
2072-bedAED 2.17M · Apr 2019
2082-bedAED 2.6M · Jul 2012
1–7 of 11

203, Shoreline - Hatmi in numbers

  • Sold twice: first on 22 March 2009 for AED 3,600,000, last on 10 November 2021 for AED 2,500,000 (AED 1,157 per sqft).
  • Rented since November 2012 on 6 Ejari contracts, from AED 100,000 to AED 100,270 a year.
  • At AED 100,270 a year the gross yield on the 2021 price is 4.0%, before a service charge of about AED 31,700 a year (AED 14.68 per sqft).
  • Three-beds in Shoreline - Hatmi sold for AED 5,500,000–6,700,000 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 10 November 2021.

Questions about 203, Shoreline - Hatmi

What did unit 203 last sell for?

AED 2,500,000 on 10 November 2021: AED 1,157 per sqft for 2,159 sqft. The unit has 2 registered sales; the first was AED 3,600,000 in March 2009.

What is the rent for unit 203?

AED 100,270 a year on the contract renewed on 22 November 2017. The previous contract, from November 2016, was AED 100,270; the unit has been rented since November 2012.

How big is unit 203?

2,159 sqft (200.6 sqm): a three-bedroom apartment on the 2nd floor of a 9-storey tower.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Hatmi sold for AED 5,500,000 to 6,700,000 in the last 12 months, around AED 2,666 per sqft.

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Mortgage on 203, Shoreline - Hatmi

Starts from the last sale price (AED 2.5M, 10 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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