1-bed · 1,145 sqftShoreline - Hatmi, Palm Jumeirah · 2nd floor

209, Shoreline - Hatmi

Sold prices and rental history: sold 3 times, last in October 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 22 May 2022
Last soldAED 1.7M25 October 2017
Current rentAED 95K /yr22 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Shoreline - Hatmi

What is 209 worth today?

Last sold for AED 1,700,000 in 2017

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22 May 2022RentedRenewal
AED 95,000/yr12 months · AED 83 per sqft
22 May 2021RentedRenewal
AED 95,000/yr12 months · AED 83 per sqft
22 May 2020RentedRenewal
AED 105,000/yr12 months · AED 92 per sqft
22 May 2019RentedNew contract
AED 105,000/yr12 months · AED 92 per sqft
7 Oct 2018RentedNew contract
AED 105,000/yr12 months · AED 92 per sqft
14 Jan 2018RentedNew contract
AED 124,488/yr7 months · AED 109 per sqft
25 Oct 2017SoldReady
AED 1,700,000AED 1,485 per sqft
14 Jan 2017RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 22 May 2022.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
2nd of 9
Parking
1B2-19
Service charge
AED 16,800 /yr
Last sold
AED 1.7M · October 2017

About 209, Shoreline - Hatmi

209 is a one-bedroom apartment of 1,145 sqft on the 2nd floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 25 October 2017 for AED 1,700,000, or AED 1,485 per sqft.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 22 May 2022, is AED 95,000 a year: a gross yield of 5.6% on the 2017 price, before the service charge of about AED 16,800 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical one-bed in Shoreline - Hatmi
2M4M2009201320172021Typical sale price by year: 2009 AED 685,000; 2013 AED 1,625,000; 2017 AED 2,050,000; 2021 AED 1,000,000Sold by developer, March 2009: AED 3,705,000 (AED 3,236 per sqft)Sold, June 2009: AED 1,750,000 (AED 1,528 per sqft)Sold, October 2017: AED 1,700,000 (AED 1,485 per sqft)

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

Rents
Unit 209, each contractTypical one-bed in Shoreline - Hatmi
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 115,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 124,744; 2019 AED 112,000; 2020 AED 104,000; 2021 AED 100,000; 2022 AED 125,000; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 139,500New contract, November 2012: AED 110,000 a yearNew contract, October 2013: AED 115,000 a yearNew contract, October 2014: AED 115,000 a yearNew contract, September 2015: AED 135,000 a yearNew contract, August 2016: AED 135,000 a yearNew contract, January 2017: AED 125,000 a yearNew contract, January 2018: AED 124,488 a yearNew contract, October 2018: AED 105,000 a yearNew contract, May 2019: AED 105,000 a yearRenewal, May 2020: AED 105,000 a yearRenewal, May 2021: AED 95,000 a yearRenewal, May 2022: AED 95,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Hatmi, and where 209 sits

All 22 1-beds →

Over the last 12 months one-beds sold for AED 3,850,000, around AED 3,363 per sqft, and rent for AED 130,000 to 180,000 a year. 209's AED 95,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Jan 20263,850,000
24 May 20222,450,000
20 May 20221,270,000
6 Apr 20211,000,000
1 1-bed sale 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
2033-bedAED 2.5M · Nov 2021
2041-bedAED 1.65M · May 2013
2052-bedAED 6.1M · Apr 2026
2062-bedAED 2.9M · Mar 2012
2072-bedAED 2.17M · Apr 2019
1–7 of 11

209, Shoreline - Hatmi in numbers

  • Sold 3 times: first on 22 March 2009 for AED 3,705,000, last on 25 October 2017 for AED 1,700,000 (AED 1,485 per sqft).
  • Rented since November 2012 on 12 Ejari contracts, from AED 110,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2017 price is 5.6%, before a service charge of about AED 16,800 a year (AED 14.68 per sqft).
  • One-beds in Shoreline - Hatmi sold for AED 3,850,000–3,850,000 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 22 May 2022.

Questions about 209, Shoreline - Hatmi

What did unit 209 last sell for?

AED 1,700,000 on 25 October 2017: AED 1,485 per sqft for 1,145 sqft. The unit has 3 registered sales; the first was AED 3,705,000 in March 2009.

What is the rent for unit 209?

AED 95,000 a year on the contract renewed on 22 May 2022. The previous contract, from May 2021, was AED 95,000; the unit has been rented since November 2012.

How big is unit 209?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 2nd floor of a 9-storey tower.

What is unit 209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shoreline - Hatmi sold for AED 3,850,000 to 3,850,000 in the last 12 months, around AED 3,363 per sqft.

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Mortgage on 209, Shoreline - Hatmi

Starts from the last sale price (AED 1.7M, 25 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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