502, Shoreline - Hatmi
Sold prices and rental history: sold once, by the developer in May 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Shoreline - Hatmi
What is 502 worth today?
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Source: Dubai Land Department. Updated 10 September 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,213 sqft
- Floor
- 5th of 9
- Parking
- 1B2-91,1B2-92
- Service charge
- AED 32,500 /yr
- Last sold
- AED 1.15M · May 2012
- Building
- Shoreline - Hatmi
About 502, Shoreline - Hatmi
502 is a three-bedroom apartment of 2,213 sqft on the 5th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. The developer sold it on 2 May 2012 for AED 1,150,000, or AED 519 per sqft, 28% below the AED 723 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 10 September 2022, is AED 165,000 a year: a gross yield of 14.3% on the 2012 price, before the service charge of about AED 32,500 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Shoreline - Hatmi, and where 502 sits
All 39 3-beds →502 last sold in May 2012 at AED 519 per sqft, 28% below what three-beds in Shoreline - Hatmi were fetching at the time (AED 723). Over the last 12 months three-beds sold for AED 5,500,000 to 6,700,000, around AED 2,666 per sqft, and rent for AED 100,000 to 430,000 a year. 502's AED 165,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 2,159 sqft | 5,500,000 | 2,547 | ||
| 9 Oct 20269 October 2026 | 2,159 sqft | 6,700,000 | 3,103 | ||
| 14 Jan 202614 January 2026 | 2,213 sqft | 5,900,000 | 2,666 | ||
| 26 Aug 202526 August 2025 | 2,159 sqft | 6,300,000 | 2,918 |
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 5th floor
All 107 units in Shoreline - Hatmi| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,583 sqft | AED 1.5MAED 1,500,000 · Nov 2015November 2015 | 168,000 /yr | |
| 503 | 3-bed | 2,159 sqft | AED 3.55MAED 3,550,000 · Mar 2009March 2009 | 225,000 /yr | |
| 504 | 1-bed | 1,145 sqft | AED 2.1MAED 2,100,000 · Dec 2013December 2013 | 160,000 /yr | |
| 505 | 2-bed | 1,551 sqft | AED 4.75MAED 4,750,000 · May 2024May 2024 | 200,000 /yr | |
| 506 | 2-bed | 2,012 sqft | AED 2.75MAED 2,750,000 · Mar 2021March 2021 | 220,000 /yr | |
| 507 | 2-bed | 2,012 sqft | AED 2.8MAED 2,800,000 · Dec 2009December 2009 | 345,000 /yr | |
| 508 | 2-bed | 1,551 sqft | AED 870KAED 870,000 · May 2009May 2009 | 335,000 /yr | |
| 509 | 1-bed | 1,145 sqft | AED 1.9MAED 1,900,000 · Mar 2018March 2018 | 175,000 /yr | |
| 510 | 3-bed | 2,159 sqft | AED 2.5MAED 2,500,000 · Jul 2013July 2013 | 210,000 /yr | |
| 511 | 3-bed | 2,213 sqft | AED 1.15MAED 1,150,000 · May 2009May 2009 | 265,000 /yr | |
| 512 | 2-bed | 1,583 sqft | AED 1.46MAED 1,455,000 · Dec 2019December 2019 | 102,000 /yr |
502, Shoreline - Hatmi in numbers
- Sold once: by the developer on 2 May 2012 for AED 1,150,000, or AED 519 per sqft.
- Rented since April 2013 on 11 Ejari contracts. The rent fell from AED 170,000 to AED 140,000 in 2020 and recovered to AED 165,000 by September 2022.
- At AED 165,000 a year the gross yield on the 2012 price is 14.3%, before a service charge of about AED 32,500 a year (AED 14.68 per sqft).
- Three-beds in Shoreline - Hatmi sold for AED 5,500,000–6,700,000 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 10 September 2022.
Questions about 502, Shoreline - Hatmi
What did unit 502 last sell for?
AED 1,150,000 on 2 May 2012, sold by the developer: AED 519 per sqft for 2,213 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 165,000 a year on the contract renewed on 10 September 2022. The previous contract, from September 2021, was AED 150,000; the unit has been rented since April 2013.
How big is unit 502?
2,213 sqft (205.6 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Hatmi sold for AED 5,500,000 to 6,700,000 in the last 12 months, around AED 2,666 per sqft.
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Mortgage on 502, Shoreline - Hatmi
Starts from the last sale price (AED 1.15M, 2 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →