1-bed · 1,145 sqftShoreline - Hatmi, Palm Jumeirah · 3rd floor

304, Shoreline - Hatmi

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

Unit 304 · DLD and Ejari recordsUpdated 24 May 2022
Last soldAED 2.45M24 May 2022
Current rentAED 115K /yr1 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Shoreline - Hatmi

What is 304 worth today?

Last sold for AED 2,450,000 in 2022

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24 May 2022SoldReady
AED 2,450,000AED 2,140 per sqft
1 Apr 2020RentedRenewal
AED 115,000/yr12 months · AED 101 per sqft
29 Jul 2019RentedRenewal
AED 127,458/yr8 months · AED 112 per sqft
29 Jul 2018RentedRenewal
AED 130,000/yr12 months · AED 114 per sqft
29 Jul 2017RentedNew contract
AED 135,000/yr12 months · AED 118 per sqft
20 May 2016RentedRenewal
AED 135,000/yr12 months · AED 118 per sqft
20 May 2015RentedNew contract
AED 135,000/yr12 months · AED 118 per sqft
15 May 2014RentedNew contract
AED 130,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 24 May 2022.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
3rd of 9
Parking
1B2-12
Service charge
AED 16,800 /yr
Last sold
AED 2.45M · May 2022

About 304, Shoreline - Hatmi

304 is a one-bedroom apartment of 1,145 sqft on the 3rd floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 24 May 2022 for AED 2,450,000, or AED 2,140 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 April 2020, is AED 115,000 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 16,800 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Shoreline - Hatmi
1M2M2009201320172021Typical 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 2,225,000 (AED 1,943 per sqft)Sold, May 2022: AED 2,450,000 (AED 2,140 per sqft)

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

Rents
Unit 304, 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, May 2013: AED 110,000 a yearNew contract, May 2014: AED 130,000 a yearNew contract, May 2015: AED 135,000 a yearRenewal, May 2016: AED 135,000 a yearNew contract, July 2017: AED 135,000 a yearRenewal, July 2018: AED 130,000 a yearRenewal, July 2019: AED 127,458 a yearRenewal, April 2020: AED 115,000 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 304 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. 304's AED 115,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Jan 20263,850,000
20 May 20221,270,000
6 Apr 20211,000,000
1 Mar 20211,550,000
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 3rd floor

All 107 units in Shoreline - Hatmi
Value
3012-bedAED 2.1M · Jul 2022
3023-bedAED 1.15M · May 2012
3033-bedAED 5.5M · Oct 2026
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

304, Shoreline - Hatmi in numbers

  • Sold twice: first on 22 March 2009 for AED 2,225,000, last on 24 May 2022 for AED 2,450,000 (AED 2,140 per sqft).
  • Rented since May 2013 on 8 Ejari contracts, from AED 110,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2022 price is 4.7%, 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 24 May 2022.

Questions about 304, Shoreline - Hatmi

What did unit 304 last sell for?

AED 2,450,000 on 24 May 2022: AED 2,140 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 2,225,000 in March 2009.

What is the rent for unit 304?

AED 115,000 a year on the contract renewed on 1 April 2020. The previous contract, from July 2019, was AED 127,458; the unit has been rented since May 2013.

How big is unit 304?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 304 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 304, Shoreline - Hatmi

Starts from the last sale price (AED 2.45M, 24 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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