1-bed · 1,145 sqftShoreline - Hatmi, Palm Jumeirah · 4th floor

404, Shoreline - Hatmi

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 1.28M17 November 2020
Current rentAED 150K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Shoreline - Hatmi

What is 404 worth today?

Last sold for AED 1,280,000 in 2020

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1 Dec 2023RentedNew contract
AED 150,000/yr12 months · AED 131 per sqft
17 Nov 2020SoldReady
AED 1,280,000AED 1,118 per sqft
15 Jul 2019RentedRenewal
AED 117,000/yr12 months · AED 103 per sqft
14 Dec 2018RentedRenewal
AED 131,395/yr7 months · AED 115 per sqft
14 Dec 2017RentedRenewal
AED 135,000/yr12 months · AED 118 per sqft
14 Dec 2016RentedRenewal
AED 135,000/yr12 months · AED 118 per sqft
14 Dec 2015RentedNew contract
AED 135,000/yr12 months · AED 118 per sqft
15 Jul 2015RentedRenewal
AED 165,517/yr4 months · AED 145 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
4th of 9
Parking
1B2-4
Service charge
AED 16,800 /yr
Last sold
AED 1.28M · November 2020

About 404, Shoreline - Hatmi

404 is a one-bedroom apartment of 1,145 sqft on the 4th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 17 November 2020 for AED 1,280,000, or AED 1,118 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 December 2023, is AED 150,000 a year: a gross yield of 11.7% on the 2020 price, before the service charge of about AED 16,800 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 660,000 (AED 576 per sqft)Sold, November 2020: AED 1,280,000 (AED 1,118 per sqft)

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

Rents
Unit 404, 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, July 2013: AED 100,000 a yearRenewal, July 2014: AED 115,000 a yearRenewal, July 2015: AED 165,517 a yearNew contract, December 2015: AED 135,000 a yearRenewal, December 2016: AED 135,000 a yearRenewal, December 2017: AED 135,000 a yearRenewal, December 2018: AED 131,395 a yearRenewal, July 2019: AED 117,000 a yearNew contract, December 2023: AED 150,000 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 404 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. 404's AED 150,000 is in the lower half 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 4th floor

All 107 units in Shoreline - Hatmi
Value
4012-bedAED 1.9M · Mar 2022
4023-bedAED 2.6M · Apr 2009
4033-bedAED 2.6M · Dec 2010
4052-bedAED 4.67M · Feb 2024
4062-bedAED 3.7M · Apr 2019
4072-bedAED 3.25M · Apr 2018
4082-bedAED 4.5M · Aug 2023
1–7 of 11

404, Shoreline - Hatmi in numbers

  • Sold twice: first on 22 March 2009 for AED 660,000, last on 17 November 2020 for AED 1,280,000 (AED 1,118 per sqft).
  • Rented since July 2013 on 9 Ejari contracts, from AED 100,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2020 price is 11.7%, 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 1 December 2023.

Questions about 404, Shoreline - Hatmi

What did unit 404 last sell for?

AED 1,280,000 on 17 November 2020: AED 1,118 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 660,000 in March 2009.

What is the rent for unit 404?

AED 150,000 a year on the contract signed on 1 December 2023. The previous contract, from July 2019, was AED 117,000; the unit has been rented since July 2013.

How big is unit 404?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower.

What is unit 404 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 404, Shoreline - Hatmi

Starts from the last sale price (AED 1.28M, 17 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,280,000
Deposit, UAE resident (20%)
AED 256,000
Deposit, non-resident (40%)
AED 512,000
Monthly over 25 years at 3.7%
AED 5,237

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