712, Shoreline - Hatmi
Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 712, Shoreline - Hatmi
What is 712 worth today?
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Source: Dubai Land Department. Updated 5 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,583 sqft
- Floor
- 7th of 9
- Parking
- 1B2-81
- Service charge
- AED 23,200 /yr
- Last sold
- AED 4M · August 2024
- Building
- Shoreline - Hatmi
About 712, Shoreline - Hatmi
712 is a two-bedroom apartment of 1,583 sqft on the 7th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 5 August 2024 for AED 4,000,000, or AED 2,527 per sqft, 7% below the AED 2,714 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 15 May 2022, is AED 96,000 a year: a gross yield of 2.4% on the 2024 price, before the service charge of about AED 23,200 a year.
Sales and rents for 712 over time
712 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 712 sits
All 54 2-beds →712 last sold in August 2024 at AED 2,527 per sqft, 7% below what two-beds in Shoreline - Hatmi were fetching at the time (AED 2,714). 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. 712's AED 96,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Apr 202613 April 2026 | 1,551 sqft | 6,100,000 | 3,933 | ||
| 16 Mar 202616 March 2026 | 775 sqft | 1,800,000 | 2,321 | ||
| 5 May 20255 May 2025 | 1,586 sqft | 3,940,000 | 2,484 | ||
| 24 Apr 202524 April 2025 | 1,551 sqft | 4,700,000 | 3,030 |
Shoreline - Hatmi
Building107 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%
Other units on the 7th floor
All 107 units in Shoreline - Hatmi| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,583 sqft | AED 1.85MAED 1,845,000 · Apr 2012April 2012 | 160,000 /yr | |
| 702 | 3-bed | 2,182 sqft | AED 3.17MAED 3,173,000 · Jan 2023January 2023 | 375,000 /yr | |
| 703 | 3-bed | 2,159 sqft | AED 3.06MAED 3,055,000 · Feb 2022February 2022 | 233,702 /yr | |
| 704 | 1-bed | 1,145 sqft | AED 3.85MAED 3,850,000 · Jan 2026January 2026 | 180,000 /yr | |
| 705 | 2-bed | 1,551 sqft | AED 895KAED 895,000 · Apr 2009April 2009 | 80,000 /yr | |
| 706 | 2-bed | 1,994 sqft | AED 1.15MAED 1,150,000 · Mar 2009March 2009 | 174,000 /yr | |
| 707 | 2-bed | 1,994 sqft | AED 3.4MAED 3,400,000 · Mar 2013March 2013 | 160,000 /yr | |
| 708 | 2-bed | 1,551 sqft | AED 1.9MAED 1,900,000 · Nov 2018November 2018 | ||
| 709 | 1-bed | 1,145 sqft | AED 685KAED 685,000 · May 2009May 2009 | ||
| 710 | 3-bed | 2,159 sqft | AED 1.28MAED 1,275,000 · Apr 2009April 2009 | 275,000 /yr | |
| 711 | 3-bed | 2,182 sqft | AED 2.89MAED 2,890,000 · Jun 2016June 2016 |
712, Shoreline - Hatmi in numbers
- Sold 3 times: first on 12 May 2009 for AED 825,000, last on 5 August 2024 for AED 4,000,000 (AED 2,527 per sqft).
- Rented since September 2014 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 80,000 in 2021 and recovered to AED 96,000 by May 2022.
- At AED 96,000 a year the gross yield on the 2024 price is 2.4%, 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 5 August 2024.
Questions about 712, Shoreline - Hatmi
What did unit 712 last sell for?
AED 4,000,000 on 5 August 2024: AED 2,527 per sqft for 1,583 sqft. The unit has 3 registered sales; the first was AED 825,000 in May 2009.
What is the rent for unit 712?
AED 96,000 a year on the contract renewed on 15 May 2022. The previous contract, from May 2021, was AED 80,000; the unit has been rented since September 2014.
How big is unit 712?
1,583 sqft (147.1 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower.
What is unit 712 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 712, Shoreline - Hatmi
Starts from the last sale price (AED 4M, 5 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,000,000
- Deposit, UAE resident (20%)
- AED 800,000
- Deposit, non-resident (40%)
- AED 1,600,000
- Monthly over 25 years at 3.7%
- AED 16,365
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →