2-bed · 1,994 sqftShoreline - Hatmi, Palm Jumeirah · 6th floor

606, Shoreline - Hatmi

Sold prices and rental history: sold twice, last in May 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 3.4M18 May 2017
Current rentAED 310K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Shoreline - Hatmi

What is 606 worth today?

Last sold for AED 3,400,000 in 2017

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1 Apr 2024RentedRenewal
AED 310,000/yr12 months · AED 156 per sqft
1 Apr 2023RentedNew contract
AED 310,000/yr12 months · AED 156 per sqft
18 May 2017SoldReady
AED 3,400,000AED 1,705 per sqft
11 Apr 2017RentedNew contract
AED 135,000/yr12 months · AED 68 per sqft
15 Jul 2016RentedRenewal
AED 180,000/yr12 months · AED 90 per sqft
15 Jul 2015RentedNew contract
AED 215,250/yr12 months · AED 108 per sqft
15 Jul 2014RentedNew contract
AED 205,000/yr12 months · AED 103 per sqft
12 May 2009Sold by developerReady
AED 1,150,000AED 576 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
2-bed apartment
Size
1,994 sqft
Floor
6th of 9
Parking
1B2-100
Service charge
AED 29,300 /yr
Last sold
AED 3.4M · May 2017

About 606, Shoreline - Hatmi

606 is a two-bedroom apartment of 1,994 sqft on the 6th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 18 May 2017 for AED 3,400,000, or AED 1,705 per sqft, 12% above the AED 1,516 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 310,000 a year: a gross yield of 9.1% on the 2017 price, before the service charge of about AED 29,300 a year.

Sales and rents for 606 over time

Sales
Unit 606, 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, May 2009: AED 1,150,000 (AED 576 per sqft)Sold, May 2017: AED 3,400,000 (AED 1,705 per sqft)

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

Rents
Unit 606, each contractTypical two-bed in Shoreline - Hatmi
100K200K300K2012201620202024Typical 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, July 2014: AED 205,000 a yearNew contract, July 2015: AED 215,250 a yearRenewal, July 2016: AED 180,000 a yearNew contract, April 2017: AED 135,000 a yearNew contract, April 2023: AED 310,000 a yearRenewal, April 2024: AED 310,000 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 606 sits

All 54 2-beds →

606 last sold in May 2017 at AED 1,705 per sqft, 12% above what two-beds in Shoreline - Hatmi were fetching at the time (AED 1,516). 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. 606's AED 310,000 is in the upper 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
6052-bedAED 4.49M · Jun 2009
6072-bedAED 4M · Jun 2015
6082-bedAED 1.8M · Mar 2026
1–7 of 11

606, Shoreline - Hatmi in numbers

  • Sold twice: first on 12 May 2009 for AED 1,150,000, last on 18 May 2017 for AED 3,400,000 (AED 1,705 per sqft).
  • Rented since July 2014 on 6 Ejari contracts. The rent fell from AED 205,000 to AED 135,000 in 2017 and recovered to AED 310,000 by April 2024.
  • At AED 310,000 a year the gross yield on the 2017 price is 9.1%, before a service charge of about AED 29,300 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 April 2024.

Questions about 606, Shoreline - Hatmi

What did unit 606 last sell for?

AED 3,400,000 on 18 May 2017: AED 1,705 per sqft for 1,994 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in May 2009.

What is the rent for unit 606?

AED 310,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 310,000; the unit has been rented since July 2014.

How big is unit 606?

1,994 sqft (185.2 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower.

What is unit 606 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 606, Shoreline - Hatmi

Starts from the last sale price (AED 3.4M, 18 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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