2-bed · 1,583 sqftShoreline - Hatmi, Palm Jumeirah · 6th floor

601, Shoreline - Hatmi

Sold prices and rental history: sold 3 times, last in December 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 1 December 2021
Last soldAED 2.62M15 December 2014
Current rentAED 96K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Shoreline - Hatmi

What is 601 worth today?

Last sold for AED 2,620,000 in 2014

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1 Dec 2021RentedRenewal
AED 96,000/yr12 months · AED 61 per sqft
1 Dec 2020RentedNew contract
AED 86,000/yr12 months · AED 54 per sqft
1 Apr 2020RentedNew contract
AED 95,000/yr12 months · AED 60 per sqft
20 May 2017RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft
1 Feb 2016RentedNew contract
AED 160,000/yr12 months · AED 101 per sqft
15 Dec 2014SoldReady
AED 2,620,000AED 1,655 per sqft
18 Nov 2014RentedNew contract
AED 155,000/yr12 months · AED 98 per sqft
1 Jun 2014RentedNew contract
AED 165,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 1 December 2021.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
6th of 9
Parking
1B2-45
Service charge
AED 23,200 /yr
Last sold
AED 2.62M · December 2014

About 601, Shoreline - Hatmi

601 is a two-bedroom apartment of 1,583 sqft on the 6th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 15 December 2014 for AED 2,620,000, or AED 1,655 per sqft, 12% above the AED 1,483 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 December 2021, is AED 96,000 a year: a gross yield of 3.7% on the 2014 price, before the service charge of about AED 23,200 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in Shoreline - Hatmi
2M4M20092013201720212025Typical sale price by year: 2009 AED 972,500; 2010 AED 1,050,000; 2011 AED 2,525,000; 2012 AED 2,147,500; 2013 AED 2,450,000; 2014 AED 2,350,000; 2015 AED 1,600,000; 2016 AED 2,450,000; 2017 AED 3,400,000; 2018 AED 2,200,000; 2019 AED 2,170,000; 2022 AED 2,152,000; 2024 AED 4,335,000Sold by developer, April 2009: AED 2,700,000 (AED 1,705 per sqft)Sold, July 2013: AED 2,005,000 (AED 1,266 per sqft)Sold, December 2014: AED 2,620,000 (AED 1,655 per sqft)

601 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 601, each contractTypical two-bed in Shoreline - Hatmi
100K200K2012201620202024Typical rent by year: 2012 AED 162,500; 2013 AED 169,000; 2014 AED 179,000; 2015 AED 185,000; 2016 AED 180,000; 2017 AED 175,000; 2018 AED 167,500; 2019 AED 160,000; 2020 AED 122,500; 2021 AED 132,500; 2022 AED 146,250; 2023 AED 174,000; 2024 AED 207,373; 2025 AED 220,053; 2026 AED 222,500New contract, October 2013: AED 145,000 a yearNew contract, June 2014: AED 165,000 a yearNew contract, November 2014: AED 155,000 a yearNew contract, February 2016: AED 160,000 a yearNew contract, May 2017: AED 140,000 a yearNew contract, April 2020: AED 95,000 a yearNew contract, December 2020: AED 86,000 a yearRenewal, December 2021: AED 96,000 a year

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 601 sits

All 54 2-beds →

601 last sold in December 2014 at AED 1,655 per sqft, 12% above what two-beds in Shoreline - Hatmi were fetching at the time (AED 1,483). 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. 601's AED 96,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Apr 20266,100,000
16 Mar 20261,800,000
5 May 20253,940,000
24 Apr 20254,700,000
2 2-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 6th floor

All 107 units in Shoreline - Hatmi
Value
6023-bedAED 2.6M · Nov 2012
6033-bedAED 2.25M · Nov 2020
6041-bedAED 2.05M · Nov 2017
6052-bedAED 4.49M · Jun 2009
6062-bedAED 3.4M · May 2017
6072-bedAED 4M · Jun 2015
6082-bedAED 1.8M · Mar 2026
1–7 of 11

601, Shoreline - Hatmi in numbers

  • Sold 3 times: first on 26 April 2009 for AED 2,700,000, last on 15 December 2014 for AED 2,620,000 (AED 1,655 per sqft).
  • Rented since October 2013 on 8 Ejari contracts. The rent fell from AED 145,000 to AED 86,000 in 2020 and recovered to AED 96,000 by December 2021.
  • At AED 96,000 a year the gross yield on the 2014 price is 3.7%, before a service charge of about AED 23,200 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 1 December 2021.

Questions about 601, Shoreline - Hatmi

What did unit 601 last sell for?

AED 2,620,000 on 15 December 2014: AED 1,655 per sqft for 1,583 sqft. The unit has 3 registered sales; the first was AED 2,700,000 in April 2009.

What is the rent for unit 601?

AED 96,000 a year on the contract renewed on 1 December 2021. The previous contract, from December 2020, was AED 86,000; the unit has been rented since October 2013.

How big is unit 601?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower.

What is unit 601 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 601, Shoreline - Hatmi

Starts from the last sale price (AED 2.62M, 15 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,620,000
Deposit, UAE resident (20%)
AED 524,000
Deposit, non-resident (40%)
AED 1,048,000
Monthly over 25 years at 3.7%
AED 10,719

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