Home
Dubai prices
About
Research
3-bed · 2,159 sqftShoreline - Hatmi, Palm Jumeirah · 5th floor

510, Shoreline - Hatmi

Sold prices and rental history: sold twice, last in July 2013, and rented once, from March 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 5 March 2015
Last soldAED 2.5M22 July 2013
Current rentAED 210K /yr5 March 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 510

Property timeline for 510, Shoreline - Hatmi

What is 510 worth today?

Last sold for AED 2,500,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Mar 2015RentedNew contract
AED 210,000/yr36 months · AED 97 per sqft
22 Jul 2013SoldReady
AED 2,500,000AED 1,157 per sqft
22 Mar 2009Sold by developerReady
AED 1,250,000AED 578 per sqft

Source: Dubai Land Department. Updated 5 March 2015.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
5th of 9
Parking
1B2-60,1B2-61
Service charge
AED 31,700 /yr
Last sold
AED 2.5M · July 2013
Building
Shoreline - Hatmi

About 510, Shoreline - Hatmi

510 is a three-bedroom apartment of 2,159 sqft on the 5th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 22 July 2013 for AED 2,500,000, or AED 1,157 per sqft, 35% above the AED 856 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 March 2015. The current contract, signed on 5 March 2015, is AED 210,000 a year: a gross yield of 8.4% on the 2013 price, before the service charge of about AED 31,700 a year.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical three-bed in Shoreline - Hatmi
2.5M5M2009201420192024Typical sale price by year: 2009 AED 1,250,000; 2010 AED 2,200,000; 2011 AED 2,150,000; 2012 AED 2,400,000; 2013 AED 1,650,000; 2016 AED 2,900,500; 2021 AED 2,250,000; 2022 AED 3,055,000; 2023 AED 3,900,000; 2026 AED 5,900,000Sold by developer, March 2009: AED 1,250,000 (AED 578 per sqft)Sold, July 2013: AED 2,500,000 (AED 1,157 per sqft)

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

Rents
Unit 510, each contractTypical three-bed in Shoreline - Hatmi
200K2012201620202024Typical rent by year: 2012 AED 195,000; 2013 AED 181,000; 2014 AED 201,026; 2015 AED 205,330; 2016 AED 197,500; 2017 AED 192,500; 2018 AED 167,500; 2019 AED 160,000; 2020 AED 140,000; 2021 AED 147,000; 2022 AED 170,000; 2023 AED 222,500; 2024 AED 255,000; 2025 AED 275,000; 2026 AED 242,500New contract, March 2015: AED 210,000 a year

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 510 sits

All 39 3-beds →

510 last sold in July 2013 at AED 1,157 per sqft, 35% above what three-beds in Shoreline - Hatmi were fetching at the time (AED 856). 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. 510's AED 210,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Oct 20265,500,000
9 Oct 20266,700,000
14 Jan 20265,900,000
26 Aug 20256,300,000
3 3-bed sales 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 5th floor

All 107 units in Shoreline - Hatmi
Value
5012-bedAED 1.5M · Nov 2015
5023-bedAED 1.15M · May 2012
5033-bedAED 3.55M · Mar 2009
5041-bedAED 2.1M · Dec 2013
5052-bedAED 4.75M · May 2024
5062-bedAED 2.75M · Mar 2021
5072-bedAED 2.8M · Dec 2009
1–7 of 11

510, Shoreline - Hatmi in numbers

  • Sold twice: first on 22 March 2009 for AED 1,250,000, last on 22 July 2013 for AED 2,500,000 (AED 1,157 per sqft).
  • Rented since March 2015 on one Ejari contract, at AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2013 price is 8.4%, before a service charge of about AED 31,700 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 5 March 2015.

Questions about 510, Shoreline - Hatmi

What did unit 510 last sell for?

AED 2,500,000 on 22 July 2013: AED 1,157 per sqft for 2,159 sqft. The unit has 2 registered sales; the first was AED 1,250,000 in March 2009.

What is the rent for unit 510?

AED 210,000 a year on the contract signed on 5 March 2015.

How big is unit 510?

2,159 sqft (200.6 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower.

What is unit 510 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.

Selling 510? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 510, Shoreline - Hatmi

Starts from the last sale price (AED 2.5M, 22 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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