2-bed · 1,551 sqftShoreline - Hatmi, Palm Jumeirah · 7th floor

708, Shoreline - Hatmi

Sold prices and rental history: sold twice, last in November 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 14 November 2018
Last soldAED 1.9M14 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Shoreline - Hatmi

What is 708 worth today?

Last sold for AED 1,900,000 in 2018

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14 Nov 2018SoldReady
AED 1,900,000AED 1,225 per sqft
22 Mar 2009Sold by developerReady
AED 3,000,000AED 1,934 per sqft

Source: Dubai Land Department. Updated 14 November 2018.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
7th of 9
Parking
1B2-40
Service charge
AED 22,800 /yr
Last sold
AED 1.9M · November 2018

About 708, Shoreline - Hatmi

708 is a two-bedroom apartment of 1,551 sqft on the 7th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 14 November 2018 for AED 1,900,000, or AED 1,225 per sqft, in line with the AED 1,225 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 708 over time

Sales
Unit 708, 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, March 2009: AED 3,000,000 (AED 1,934 per sqft)Sold, November 2018: AED 1,900,000 (AED 1,225 per sqft)

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

Rents
Unit 708, 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 222,500

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 708 sits

All 54 2-beds →

708 last sold in November 2018 at AED 1,225 per sqft, in line with what two-beds in Shoreline - Hatmi were fetching at the time (AED 1,225). 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.

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 7th floor

All 107 units in Shoreline - Hatmi
Value
7012-bedAED 1.85M · Apr 2012
7023-bedAED 3.17M · Jan 2023
7033-bedAED 3.06M · Feb 2022
7041-bedAED 3.85M · Jan 2026
7052-bedAED 895K · Apr 2009
7062-bedAED 1.15M · Mar 2009
7072-bedAED 3.4M · Mar 2013
1–7 of 11

708, Shoreline - Hatmi in numbers

  • Sold twice: first on 22 March 2009 for AED 3,000,000, last on 14 November 2018 for AED 1,900,000 (AED 1,225 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 14 November 2018.

Questions about 708, Shoreline - Hatmi

What did unit 708 last sell for?

AED 1,900,000 on 14 November 2018: AED 1,225 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 3,000,000 in March 2009.

How big is unit 708?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower.

What is unit 708 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 708, Shoreline - Hatmi

Starts from the last sale price (AED 1.9M, 14 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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