506, Shoreline - Hatmi
Sold prices and rental history: sold twice, last in March 2021, 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 506, Shoreline - Hatmi
What is 506 worth today?
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Source: Dubai Land Department. Updated 24 March 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 2,012 sqft
- Floor
- 5th of 9
- Parking
- 1B2-105
- Service charge
- AED 29,500 /yr
- Last sold
- AED 2.75M · March 2021
- Building
- Shoreline - Hatmi
About 506, Shoreline - Hatmi
506 is a two-bedroom apartment of 2,012 sqft on the 5th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 24 March 2021 for AED 2,750,000, or AED 1,366 per sqft.
It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 1 February 2020, is AED 220,000 a year: a gross yield of 8.0% on the 2021 price, before the service charge of about AED 29,500 a year.
Sales and rents for 506 over time
506 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 506 sits
All 54 2-beds →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. 506's AED 220,000 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 | |
| 505 | 2-bed | 1,551 sqft | AED 4.75MAED 4,750,000 · May 2024May 2024 | 200,000 /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 |
506, Shoreline - Hatmi in numbers
- Sold twice: first on 7 February 2011 for AED 1,050,000, last on 24 March 2021 for AED 2,750,000 (AED 1,366 per sqft).
- Rented since November 2012 on 8 Ejari contracts, from AED 74,425 to AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2021 price is 8.0%, before a service charge of about AED 29,500 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 24 March 2021.
Questions about 506, Shoreline - Hatmi
What did unit 506 last sell for?
AED 2,750,000 on 24 March 2021: AED 1,366 per sqft for 2,012 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in February 2011.
What is the rent for unit 506?
AED 220,000 a year on the contract renewed on 1 February 2020. The previous contract, from February 2019, was AED 220,000; the unit has been rented since November 2012.
How big is unit 506?
2,012 sqft (186.9 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.
What is unit 506 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 506, Shoreline - Hatmi
Starts from the last sale price (AED 2.75M, 24 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,750,000
- Deposit, UAE resident (20%)
- AED 550,000
- Deposit, non-resident (40%)
- AED 1,100,000
- Monthly over 25 years at 3.7%
- AED 11,251
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →