2-bed · 1,586 sqftShoreline - Hatmi, Palm Jumeirah · 3rd floor

301, Shoreline - Hatmi

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 13 July 2022
Last soldAED 2.1M13 July 2022
Current rentAED 130K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Shoreline - Hatmi

What is 301 worth today?

Last sold for AED 2,100,000 in 2022

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13 Jul 2022SoldReady
AED 2,100,000AED 1,324 per sqft
15 Jun 2022RentedRenewal
AED 130,000/yr12 months · AED 82 per sqft
15 Jun 2021RentedRenewal
AED 92,000/yr12 months · AED 58 per sqft
15 Jun 2020RentedNew contract
AED 100,000/yr12 months · AED 63 per sqft
27 Nov 2016RentedNew contract
AED 130,000/yr12 months · AED 82 per sqft
20 Nov 2015RentedRenewal
AED 157,000/yr12 months · AED 99 per sqft
20 Nov 2014RentedNew contract
AED 160,000/yr12 months · AED 101 per sqft
20 Nov 2013RentedNew contract
AED 160,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 13 July 2022.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
3rd of 9
Parking
1B2-15
Service charge
AED 23,300 /yr
Last sold
AED 2.1M · July 2022

About 301, Shoreline - Hatmi

301 is a two-bedroom apartment of 1,586 sqft on the 3rd floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 13 July 2022 for AED 2,100,000, or AED 1,324 per sqft, 11% above the AED 1,198 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 15 June 2022, is AED 130,000 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 23,300 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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 800,000 (AED 504 per sqft)Sold, December 2009: AED 875,000 (AED 551 per sqft)Sold, July 2022: AED 2,100,000 (AED 1,324 per sqft)

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

Rents
Unit 301, each contractTypical two-bed in Shoreline - Hatmi
100K200K2012201620202024Typical 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, November 2013: AED 160,000 a yearNew contract, November 2014: AED 160,000 a yearRenewal, November 2015: AED 157,000 a yearNew contract, November 2016: AED 130,000 a yearNew contract, June 2020: AED 100,000 a yearRenewal, June 2021: AED 92,000 a yearRenewal, June 2022: AED 130,000 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 301 sits

All 54 2-beds →

301 last sold in July 2022 at AED 1,324 per sqft, 11% above what two-beds in Shoreline - Hatmi were fetching at the time (AED 1,198). 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. 301's AED 130,000 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 3rd floor

All 107 units in Shoreline - Hatmi
Value
3023-bedAED 1.15M · May 2012
3033-bedAED 5.5M · Oct 2026
3041-bedAED 2.45M · May 2022
3052-bedAED 2.2M · Dec 2020
3062-bedAED 1.05M · Mar 2009
3072-bedAED 4.85M · Sep 2022
3082-bedAED 3.1M · Nov 2016
1–7 of 11

301, Shoreline - Hatmi in numbers

  • Sold 3 times: first on 29 April 2009 for AED 800,000, last on 13 July 2022 for AED 2,100,000 (AED 1,324 per sqft).
  • Rented since November 2013 on 7 Ejari contracts. The rent fell from AED 160,000 to AED 92,000 in 2021 and recovered to AED 130,000 by June 2022.
  • At AED 130,000 a year the gross yield on the 2022 price is 6.2%, before a service charge of about AED 23,300 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 13 July 2022.

Questions about 301, Shoreline - Hatmi

What did unit 301 last sell for?

AED 2,100,000 on 13 July 2022: AED 1,324 per sqft for 1,586 sqft. The unit has 3 registered sales; the first was AED 800,000 in April 2009.

What is the rent for unit 301?

AED 130,000 a year on the contract renewed on 15 June 2022. The previous contract, from June 2021, was AED 92,000; the unit has been rented since November 2013.

How big is unit 301?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 301 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 301, Shoreline - Hatmi

Starts from the last sale price (AED 2.1M, 13 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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