3-bed · 2,182 sqftShoreline - Hatmi, Palm Jumeirah · 8th floor

802, Shoreline - Hatmi

Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 19 June 2023
Last soldAED 2.25M16 June 2021
Current rentAED 215K /yr19 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Shoreline - Hatmi

What is 802 worth today?

Last sold for AED 2,250,000 in 2021

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19 Jun 2023RentedNew contract
AED 215,000/yr12 months · AED 98 per sqft
20 Jun 2022RentedRenewal
AED 135,000/yr12 months · AED 62 per sqft
20 Jun 2021RentedNew contract
AED 120,000/yr12 months · AED 55 per sqft
16 Jun 2021SoldReady
AED 2,250,000AED 1,031 per sqft
20 Jun 2020RentedNew contract
AED 120,000/yr12 months · AED 55 per sqft
30 Mar 2019RentedRenewal
AED 165,000/yr12 months · AED 76 per sqft
30 Mar 2018RentedRenewal
AED 170,000/yr12 months · AED 78 per sqft
30 Mar 2017RentedRenewal
AED 175,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 19 June 2023.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Floor
8th of 9
Parking
1B2-127,1B2-128
Service charge
AED 32,000 /yr
Last sold
AED 2.25M · June 2021

About 802, Shoreline - Hatmi

802 is a three-bedroom apartment of 2,182 sqft on the 8th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 16 June 2021 for AED 2,250,000, or AED 1,031 per sqft, in line with the AED 1,031 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 19 June 2023, is AED 215,000 a year: a gross yield of 9.6% on the 2021 price, before the service charge of about AED 32,000 a year.

Sales and rents for 802 over time

Sales
Unit 802, each saleTypical three-bed in Shoreline - Hatmi
2.5M5M2009201420192024Typical sale price by year: 2009 AED 1,250,000; 2010 AED 2,200,000; 2011 AED 2,150,000; 2012 AED 2,400,000; 2013 AED 1,650,000; 2016 AED 2,900,500; 2021 AED 2,250,000; 2022 AED 3,055,000; 2023 AED 3,900,000; 2026 AED 5,900,000Sold by developer, March 2009: AED 1,175,000 (AED 538 per sqft)Sold, June 2021: AED 2,250,000 (AED 1,031 per sqft)

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

Rents
Unit 802, each contractTypical three-bed in Shoreline - Hatmi
100K200K300K2012201620202024Typical rent by year: 2012 AED 195,000; 2013 AED 181,000; 2014 AED 201,026; 2015 AED 205,330; 2016 AED 197,500; 2017 AED 192,500; 2018 AED 167,500; 2019 AED 160,000; 2020 AED 140,000; 2021 AED 147,000; 2022 AED 170,000; 2023 AED 222,500; 2024 AED 255,000; 2025 AED 275,000; 2026 AED 242,500New contract, March 2013: AED 160,000 a yearNew contract, March 2014: AED 169,061 a yearNew contract, September 2014: AED 168,191 a yearNew contract, March 2015: AED 175,000 a yearRenewal, March 2016: AED 175,000 a yearRenewal, March 2017: AED 175,000 a yearRenewal, March 2018: AED 170,000 a yearRenewal, March 2019: AED 165,000 a yearNew contract, June 2020: AED 120,000 a yearNew contract, June 2021: AED 120,000 a yearRenewal, June 2022: AED 135,000 a yearNew contract, June 2023: AED 215,000 a year

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

3-beds in Shoreline - Hatmi, and where 802 sits

All 39 3-beds →

802 last sold in June 2021 at AED 1,031 per sqft, in line with what three-beds in Shoreline - Hatmi were fetching at the time (AED 1,031). Over the last 12 months three-beds sold for AED 5,500,000 to 6,700,000, around AED 2,666 per sqft, and rent for AED 100,000 to 430,000 a year. 802's AED 215,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Oct 20265,500,000
9 Oct 20266,700,000
14 Jan 20265,900,000
26 Aug 20256,300,000
3 3-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 8th floor

All 107 units in Shoreline - Hatmi
Value
8012-bedAED 850K · Aug 2012
8033-bedAED 1.28M · Apr 2009
8041-bedAED 1M · May 2012
8052-bedAED 2.75M · Jul 2018
8062-bedAED 1.15M · Apr 2009
8072-bedAED 5.7M · Aug 2024
8082-bedAED 2.35M · Apr 2019
1–7 of 11

802, Shoreline - Hatmi in numbers

  • Sold twice: first on 22 March 2009 for AED 1,175,000, last on 16 June 2021 for AED 2,250,000 (AED 1,031 per sqft).
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 160,000 to AED 120,000 in 2021 and recovered to AED 215,000 by June 2023.
  • At AED 215,000 a year the gross yield on the 2021 price is 9.6%, before a service charge of about AED 32,000 a year (AED 14.68 per sqft).
  • Three-beds in Shoreline - Hatmi sold for AED 5,500,000–6,700,000 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 19 June 2023.

Questions about 802, Shoreline - Hatmi

What did unit 802 last sell for?

AED 2,250,000 on 16 June 2021: AED 1,031 per sqft for 2,182 sqft. The unit has 2 registered sales; the first was AED 1,175,000 in March 2009.

What is the rent for unit 802?

AED 215,000 a year on the contract signed on 19 June 2023. The previous contract, from June 2022, was AED 135,000; the unit has been rented since March 2013.

How big is unit 802?

2,182 sqft (202.7 sqm): a three-bedroom apartment on the 8th floor of a 9-storey tower.

What is unit 802 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Hatmi sold for AED 5,500,000 to 6,700,000 in the last 12 months, around AED 2,666 per sqft.

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Mortgage on 802, Shoreline - Hatmi

Starts from the last sale price (AED 2.25M, 16 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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