406, Shoreline - Hatmi
Sold prices and rental history: sold 3 times, last in April 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Shoreline - Hatmi
What is 406 worth today?
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Source: Dubai Land Department. Updated 25 April 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,997 sqft
- Floor
- 4th of 9
- Parking
- 1B2-72
- Service charge
- AED 29,300 /yr
- Last sold
- AED 3.7M · April 2019
- Building
- Shoreline - Hatmi
About 406, Shoreline - Hatmi
406 is a two-bedroom apartment of 1,997 sqft on the 4th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 25 April 2019 for AED 3,700,000, or AED 1,853 per sqft, 22% above the AED 1,515 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 5 June 2018, is AED 237,000 a year: a gross yield of 6.4% on the 2019 price, before the service charge of about AED 29,300 a year.
Sales and rents for 406 over time
406 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 406 sits
All 54 2-beds →406 last sold in April 2019 at AED 1,853 per sqft, 22% above what two-beds in Shoreline - Hatmi were fetching at the time (AED 1,515). 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. 406's AED 237,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Apr 202613 April 2026 | 1,551 sqft | 6,100,000 | 3,933 | ||
| 16 Mar 202616 March 2026 | 775 sqft | 1,800,000 | 2,321 | ||
| 5 May 20255 May 2025 | 1,586 sqft | 3,940,000 | 2,484 | ||
| 24 Apr 202524 April 2025 | 1,551 sqft | 4,700,000 | 3,030 |
Shoreline - Hatmi
Building107 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%
Other units on the 4th floor
All 107 units in Shoreline - Hatmi| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,586 sqft | AED 1.9MAED 1,900,000 · Mar 2022March 2022 | 197,400 /yr | |
| 402 | 3-bed | 2,213 sqft | AED 2.6MAED 2,600,000 · Apr 2009April 2009 | 200,000 /yr | |
| 403 | 3-bed | 2,159 sqft | AED 2.6MAED 2,600,000 · Dec 2010December 2010 | 240,000 /yr | |
| 404 | 1-bed | 1,145 sqft | AED 1.28MAED 1,280,000 · Nov 2020November 2020 | 150,000 /yr | |
| 405 | 2-bed | 1,551 sqft | AED 4.67MAED 4,670,000 · Feb 2024February 2024 | 244,000 /yr | |
| 407 | 2-bed | 1,997 sqft | AED 3.25MAED 3,250,000 · Apr 2018April 2018 | 190,000 /yr | |
| 408 | 2-bed | 1,551 sqft | AED 4.5MAED 4,500,000 · Aug 2023August 2023 | 480,000 /yr | |
| 409 | 1-bed | 1,145 sqft | AED 660KAED 660,000 · May 2009May 2009 | ||
| 410 | 3-bed | 2,159 sqft | AED 2.9MAED 2,900,000 · May 2021May 2021 | 245,000 /yr | |
| 411 | 3-bed | 2,213 sqft | AED 5.9MAED 5,900,000 · Jan 2026January 2026 | 176,070 /yr | |
| 412 | 2-bed | 1,586 sqft | AED 1.83MAED 1,825,000 · Dec 2021December 2021 | 160,478 /yr |
406, Shoreline - Hatmi in numbers
- Sold 3 times: first on 21 October 2010 for AED 1,050,000, last on 25 April 2019 for AED 3,700,000 (AED 1,853 per sqft).
- Rented since November 2012 on 4 Ejari contracts, from AED 160,000 to AED 237,000 a year.
- At AED 237,000 a year the gross yield on the 2019 price is 6.4%, before a service charge of about AED 29,300 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 25 April 2019.
Questions about 406, Shoreline - Hatmi
What did unit 406 last sell for?
AED 3,700,000 on 25 April 2019: AED 1,853 per sqft for 1,997 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in October 2010.
What is the rent for unit 406?
AED 237,000 a year on the contract signed on 5 June 2018. The previous contract, from November 2014, was AED 177,000; the unit has been rented since November 2012.
How big is unit 406?
1,997 sqft (185.5 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower.
What is unit 406 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 406, Shoreline - Hatmi
Starts from the last sale price (AED 3.7M, 25 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,700,000
- Deposit, UAE resident (20%)
- AED 740,000
- Deposit, non-resident (40%)
- AED 1,480,000
- Monthly over 25 years at 3.7%
- AED 15,138
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →