1-bed · 1,145 sqftShoreline - Hatmi, Palm Jumeirah · 6th floor

609, Shoreline - Hatmi

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 16 May 2018
Last soldAED 1.83M26 April 2009
Current rentAED 115K /yr16 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Shoreline - Hatmi

What is 609 worth today?

Last sold for AED 1,825,000 in 2009

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16 May 2018RentedRenewal
AED 115,090/yr13 months · AED 101 per sqft
16 May 2017RentedRenewal
AED 140,000/yr12 months · AED 123 per sqft
16 May 2016RentedNew contract
AED 140,000/yr12 months · AED 123 per sqft
17 May 2015RentedNew contract
AED 140,000/yr12 months · AED 123 per sqft
9 May 2014RentedNew contract
AED 115,000/yr12 months · AED 101 per sqft
1 May 2013RentedNew contract
AED 115,000/yr12 months · AED 101 per sqft
26 Apr 2009Sold by developerReady
AED 1,825,000AED 1,594 per sqft

Source: Dubai Land Department. Updated 16 May 2018.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
6th of 9
Parking
1B2-97
Service charge
AED 16,800 /yr
Last sold
AED 1.83M · April 2009

About 609, Shoreline - Hatmi

609 is a one-bedroom apartment of 1,145 sqft on the 6th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. The developer sold it on 26 April 2009 for AED 1,825,000, or AED 1,594 per sqft, 167% above the AED 598 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 16 May 2018, is AED 115,090 a year: a gross yield of 6.3% on the 2009 price, before the service charge of about AED 16,800 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical one-bed in Shoreline - Hatmi
1M2M2009201320172021Typical sale price by year: 2009 AED 685,000; 2013 AED 1,625,000; 2017 AED 2,050,000; 2021 AED 1,000,000Sold by developer, April 2009: AED 1,825,000 (AED 1,594 per sqft)

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

Rents
Unit 609, each contractTypical one-bed in Shoreline - Hatmi
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 115,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 124,744; 2019 AED 112,000; 2020 AED 104,000; 2021 AED 100,000; 2022 AED 125,000; 2023 AED 150,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 139,500New contract, May 2013: AED 115,000 a yearNew contract, May 2014: AED 115,000 a yearNew contract, May 2015: AED 140,000 a yearNew contract, May 2016: AED 140,000 a yearRenewal, May 2017: AED 140,000 a yearRenewal, May 2018: AED 115,090 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Hatmi, and where 609 sits

All 22 1-beds →

609 last sold in April 2009 at AED 1,594 per sqft, 167% above what one-beds in Shoreline - Hatmi were fetching at the time (AED 598). Over the last 12 months one-beds sold for AED 3,850,000, around AED 3,363 per sqft, and rent for AED 130,000 to 180,000 a year. 609's AED 115,090 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Jan 20263,850,000
24 May 20222,450,000
20 May 20221,270,000
6 Apr 20211,000,000
1 1-bed sale 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
6062-bedAED 3.4M · May 2017
6072-bedAED 4M · Jun 2015
1–7 of 11

609, Shoreline - Hatmi in numbers

  • Sold once: by the developer on 26 April 2009 for AED 1,825,000, or AED 1,594 per sqft.
  • Rented since May 2013 on 6 Ejari contracts, from AED 115,000 to AED 115,090 a year.
  • At AED 115,090 a year the gross yield on the 2009 price is 6.3%, before a service charge of about AED 16,800 a year (AED 14.68 per sqft).
  • One-beds in Shoreline - Hatmi sold for AED 3,850,000–3,850,000 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 16 May 2018.

Questions about 609, Shoreline - Hatmi

What did unit 609 last sell for?

AED 1,825,000 on 26 April 2009, sold by the developer: AED 1,594 per sqft for 1,145 sqft. It is the only registered sale of the unit.

What is the rent for unit 609?

AED 115,090 a year on the contract renewed on 16 May 2018. The previous contract, from May 2017, was AED 140,000; the unit has been rented since May 2013.

How big is unit 609?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 6th floor of a 9-storey tower.

What is unit 609 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shoreline - Hatmi sold for AED 3,850,000 to 3,850,000 in the last 12 months, around AED 3,363 per sqft.

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Mortgage on 609, Shoreline - Hatmi

Starts from the last sale price (AED 1.83M, 26 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,825,000
Deposit, UAE resident (20%)
AED 365,000
Deposit, non-resident (40%)
AED 730,000
Monthly over 25 years at 3.7%
AED 7,467

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