3-bed · 2,140 sqftShoreline - Hatmi, Palm Jumeirah · 8th floor

803, 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 803 · DLD and Ejari recordsUpdated 15 July 2018
Last soldAED 1.28M28 April 2009
Current rentAED 212K /yr15 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Shoreline - Hatmi

What is 803 worth today?

Last sold for AED 1,275,000 in 2009

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15 Jul 2018RentedRenewal
AED 211,700/yr12 months · AED 99 per sqft
15 Jul 2017RentedRenewal
AED 58,000/yr12 months · AED 27 per sqft
14 Jul 2017RentedNew contract
AED 211,132/yr12 months · AED 99 per sqft
15 Jul 2016RentedNew contract
AED 213,031/yr12 months · AED 99 per sqft
15 Jul 2015RentedNew contract
AED 205,660/yr12 months · AED 96 per sqft
15 Jul 2014RentedNew contract
AED 200,750/yr12 months · AED 94 per sqft
15 Jul 2013RentedNew contract
AED 52,500/yr12 months · AED 25 per sqft
28 Apr 2009Sold by developerReady
AED 1,275,000AED 595 per sqft

Source: Dubai Land Department. Updated 15 July 2018.

Key facts

Type
3-bed apartment
Size
2,140 sqft
Floor
8th of 9
Parking
1B2-94,1B2-95
Service charge
AED 31,400 /yr
Last sold
AED 1.28M · April 2009

About 803, Shoreline - Hatmi

803 is a three-bedroom apartment of 2,140 sqft on the 8th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. The developer sold it on 28 April 2009 for AED 1,275,000, or AED 595 per sqft, in line with the AED 584 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 July 2018, is AED 211,700 a year: a gross yield of 16.6% on the 2009 price, before the service charge of about AED 31,400 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, April 2009: AED 1,275,000 (AED 595 per sqft)

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

Rents
Unit 803, each contractTypical three-bed in Shoreline - Hatmi
200K2012201620202024Typical 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, July 2013: AED 52,500 a yearNew contract, July 2014: AED 200,750 a yearNew contract, July 2015: AED 205,660 a yearNew contract, July 2016: AED 213,031 a yearRenewal, July 2017: AED 58,000 a yearNew contract, July 2017: AED 211,132 a yearRenewal, July 2018: AED 211,700 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 803 sits

All 39 3-beds →

803 last sold in April 2009 at AED 595 per sqft, in line with what three-beds in Shoreline - Hatmi were fetching at the time (AED 584). 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. 803's AED 211,700 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
8023-bedAED 2.25M · Jun 2021
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

803, Shoreline - Hatmi in numbers

  • Sold once: by the developer on 28 April 2009 for AED 1,275,000, or AED 595 per sqft.
  • Rented since July 2013 on 7 Ejari contracts, from AED 52,500 to AED 211,700 a year.
  • At AED 211,700 a year the gross yield on the 2009 price is 16.6%, before a service charge of about AED 31,400 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 15 July 2018.

Questions about 803, Shoreline - Hatmi

What did unit 803 last sell for?

AED 1,275,000 on 28 April 2009, sold by the developer: AED 595 per sqft for 2,140 sqft. It is the only registered sale of the unit.

What is the rent for unit 803?

AED 211,700 a year on the contract renewed on 15 July 2018. The previous contract, from July 2017, was AED 58,000; the unit has been rented since July 2013.

How big is unit 803?

2,140 sqft (198.8 sqm): a three-bedroom apartment on the 8th floor of a 9-storey tower.

What is unit 803 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 803, Shoreline - Hatmi

Starts from the last sale price (AED 1.28M, 28 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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