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1-bed · 1,145 sqftShoreline - Hatmi, Palm Jumeirah · 8th floor

809, Shoreline - Hatmi

Sold prices and rental history: sold twice, last in May 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 31 May 2017
Last soldAED 2.15M31 May 2017
Current rentAED 150K /yr22 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 809, Shoreline - Hatmi

What is 809 worth today?

Last sold for AED 2,150,000 in 2017

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31 May 2017SoldReady
AED 2,150,000AED 1,878 per sqft
22 Jan 2016RentedRenewal
AED 150,000/yr12 months · AED 131 per sqft
22 Jan 2015RentedNew contract
AED 150,000/yr12 months · AED 131 per sqft
21 Dec 2013RentedNew contract
AED 145,000/yr12 months · AED 127 per sqft
22 Mar 2009Sold by developerReady
AED 685,000AED 598 per sqft

Source: Dubai Land Department. Updated 31 May 2017.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
8th of 9
Parking
1B1-18
Service charge
AED 16,800 /yr
Last sold
AED 2.15M · May 2017
Building
Shoreline - Hatmi

About 809, Shoreline - Hatmi

809 is a one-bedroom apartment of 1,145 sqft on the 8th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 31 May 2017 for AED 2,150,000, or AED 1,878 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 22 January 2016, is AED 150,000 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 16,800 a year.

Sales and rents for 809 over time

Sales
Unit 809, 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, March 2009: AED 685,000 (AED 598 per sqft)Sold, May 2017: AED 2,150,000 (AED 1,878 per sqft)

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

Rents
Unit 809, 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, December 2013: AED 145,000 a yearNew contract, January 2015: AED 150,000 a yearRenewal, January 2016: AED 150,000 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 809 sits

All 22 1-beds →

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. 809's AED 150,000 is in the lower half 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 8th floor

All 107 units in Shoreline - Hatmi
Value
8012-bedAED 850K · Aug 2012
8023-bedAED 2.25M · Jun 2021
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
1–7 of 11

809, Shoreline - Hatmi in numbers

  • Sold twice: first on 22 March 2009 for AED 685,000, last on 31 May 2017 for AED 2,150,000 (AED 1,878 per sqft).
  • Rented since December 2013 on 3 Ejari contracts, from AED 145,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2017 price is 7.0%, 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 31 May 2017.

Questions about 809, Shoreline - Hatmi

What did unit 809 last sell for?

AED 2,150,000 on 31 May 2017: AED 1,878 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 685,000 in March 2009.

What is the rent for unit 809?

AED 150,000 a year on the contract renewed on 22 January 2016. The previous contract, from January 2015, was AED 150,000; the unit has been rented since December 2013.

How big is unit 809?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower.

What is unit 809 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 809, Shoreline - Hatmi

Starts from the last sale price (AED 2.15M, 31 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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