505, Shoreline - Hatmi
Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Shoreline - Hatmi
What is 505 worth today?
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Source: Dubai Land Department. Updated 9 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 5th of 9
- Parking
- 1B2-103
- Service charge
- AED 22,800 /yr
- Last sold
- AED 4.75M · May 2024
- Building
- Shoreline - Hatmi
About 505, Shoreline - Hatmi
505 is a two-bedroom apartment of 1,551 sqft on the 5th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 9 May 2024 for AED 4,750,000, or AED 3,063 per sqft, 4% above the AED 2,956 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 200,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 22,800 a year.
Sales and rents for 505 over time
505 has sold twice; 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 505 sits
All 54 2-beds →505 last sold in May 2024 at AED 3,063 per sqft, 4% above what two-beds in Shoreline - Hatmi were fetching at the time (AED 2,956). 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. 505's AED 200,000 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 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 | |
| 502 | 3-bed | 2,213 sqft | AED 1.15MAED 1,150,000 · May 2012May 2012 | 165,000 /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 | |
| 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 |
505, Shoreline - Hatmi in numbers
- Sold twice: first on 22 March 2009 for AED 870,000, last on 9 May 2024 for AED 4,750,000 (AED 3,063 per sqft).
- Rented since October 2015 on 6 Ejari contracts, at AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 22,800 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 9 May 2024.
Questions about 505, Shoreline - Hatmi
What did unit 505 last sell for?
AED 4,750,000 on 9 May 2024: AED 3,063 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 870,000 in March 2009.
What is the rent for unit 505?
AED 200,000 a year on the contract renewed on 1 August 2023. The previous contract, from April 2023, was AED 202,909; the unit has been rented since October 2015.
How big is unit 505?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.
What is unit 505 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 505, Shoreline - Hatmi
Starts from the last sale price (AED 4.75M, 9 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,750,000
- Deposit, UAE resident (20%)
- AED 950,000
- Deposit, non-resident (40%)
- AED 1,900,000
- Monthly over 25 years at 3.7%
- AED 19,434
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →