2-bed · 1,551 sqftShoreline - Hatmi, Palm Jumeirah · 6th floor

605, Shoreline - Hatmi

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 28 October 2022
Last soldAED 4.49M10 June 2009
Current rentAED 195K /yr28 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Shoreline - Hatmi

What is 605 worth today?

Last sold for AED 4,488,000 in 2009

Unlock today's estimate, updated daily, with

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

28 Oct 2022RentedRenewal
AED 195,000/yr48 months · AED 126 per sqft
28 Oct 2018RentedRenewal
AED 195,000/yr48 months · AED 126 per sqft
27 Oct 2016RentedRenewal
AED 194,477/yr24 months · AED 125 per sqft
27 Oct 2014RentedNew contract
AED 195,000/yr24 months · AED 126 per sqft
27 Oct 2013RentedNew contract
AED 175,000/yr12 months · AED 113 per sqft
27 Oct 2012RentedNew contract
AED 166,000/yr12 months · AED 107 per sqft
10 Jun 2009Sold by developerReady
AED 4,488,000AED 2,894 per sqft

Source: Dubai Land Department. Updated 28 October 2022.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
6th of 9
Parking
1B2-101
Service charge
AED 22,800 /yr
Last sold
AED 4.49M · June 2009

About 605, Shoreline - Hatmi

605 is a two-bedroom apartment of 1,551 sqft on the 6th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. The developer sold it on 10 June 2009 for AED 4,488,000, or AED 2,894 per sqft, 416% above the AED 561 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 28 October 2022, is AED 195,000 a year: a gross yield of 4.3% on the 2009 price, before the service charge of about AED 22,800 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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, June 2009: AED 4,488,000 (AED 2,894 per sqft)

605 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 605, each contractTypical two-bed in Shoreline - Hatmi
150K200K2012201620202024Typical 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 2012: AED 166,000 a yearNew contract, October 2013: AED 175,000 a yearNew contract, October 2014: AED 195,000 a yearRenewal, October 2016: AED 194,477 a yearRenewal, October 2018: AED 195,000 a yearRenewal, October 2022: AED 195,000 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 605 sits

All 54 2-beds →

605 last sold in June 2009 at AED 2,894 per sqft, 416% above what two-beds in Shoreline - Hatmi were fetching at the time (AED 561). 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. 605's AED 195,000 is in the lower half 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
6012-bedAED 2.62M · Dec 2014
6023-bedAED 2.6M · Nov 2012
6033-bedAED 2.25M · Nov 2020
6041-bedAED 2.05M · Nov 2017
6062-bedAED 3.4M · May 2017
6072-bedAED 4M · Jun 2015
6082-bedAED 1.8M · Mar 2026
1–7 of 11

605, Shoreline - Hatmi in numbers

  • Sold once: by the developer on 10 June 2009 for AED 4,488,000, or AED 2,894 per sqft.
  • Rented since October 2012 on 6 Ejari contracts, from AED 166,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2009 price is 4.3%, 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 28 October 2022.

Questions about 605, Shoreline - Hatmi

What did unit 605 last sell for?

AED 4,488,000 on 10 June 2009, sold by the developer: AED 2,894 per sqft for 1,551 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 195,000 a year on the contract renewed on 28 October 2022. The previous contract, from October 2018, was AED 195,000; the unit has been rented since October 2012.

How big is unit 605?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower.

What is unit 605 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.

Selling 605? 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 605, Shoreline - Hatmi

Starts from the last sale price (AED 4.49M, 10 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 4,488,000
Deposit, UAE resident (20%)
AED 897,600
Deposit, non-resident (40%)
AED 1,795,200
Monthly over 25 years at 3.7%
AED 18,362

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