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2-bed · 1,583 sqftShoreline - Hatmi, Palm Jumeirah · 8th floor

812, Shoreline - Hatmi

Sold prices and rental history: sold 3 times, last in June 2022, and rented once, from January 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 812 · DLD and Ejari recordsUpdated 27 June 2022
Last soldAED 1M27 June 2022
Current rentAED 180K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 812, Shoreline - Hatmi

What is 812 worth today?

Last sold for AED 1,000,000 in 2022

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27 Jun 2022SoldReady
AED 1,000,000AED 631 per sqft
15 Jan 2022RentedNew contract
AED 180,000/yr12 months · AED 114 per sqft
19 Oct 2014SoldReady
AED 1,250,000AED 789 per sqft
29 Apr 2009Sold by developerReady
AED 3,250,000AED 2,053 per sqft

Source: Dubai Land Department. Updated 27 June 2022.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
8th of 9
Parking
1B2-156
Service charge
AED 23,200 /yr
Last sold
AED 1M · June 2022
Building
Shoreline - Hatmi

About 812, Shoreline - Hatmi

812 is a two-bedroom apartment of 1,583 sqft on the 8th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 27 June 2022 for AED 1,000,000, or AED 631 per sqft, 46% below the AED 1,174 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 January 2022. The current contract, signed on 15 January 2022, is AED 180,000 a year: a gross yield of 18.0% on the 2022 price, before the service charge of about AED 23,200 a year.

Sales and rents for 812 over time

Sales
Unit 812, 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, April 2009: AED 3,250,000 (AED 2,053 per sqft)Sold, October 2014: AED 1,250,000 (AED 789 per sqft)Sold, June 2022: AED 1,000,000 (AED 631 per sqft)

812 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 812, 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 222,500New contract, January 2022: AED 180,000 a year

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 812 sits

All 54 2-beds →

812 last sold in June 2022 at AED 631 per sqft, 46% below what two-beds in Shoreline - Hatmi were fetching at the time (AED 1,174). 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. 812's AED 180,000 is in the lower half of that range.

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 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

812, Shoreline - Hatmi in numbers

  • Sold 3 times: first on 29 April 2009 for AED 3,250,000, last on 27 June 2022 for AED 1,000,000 (AED 631 per sqft).
  • Rented since January 2022 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2022 price is 18.0%, 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 27 June 2022.

Questions about 812, Shoreline - Hatmi

What did unit 812 last sell for?

AED 1,000,000 on 27 June 2022: AED 631 per sqft for 1,583 sqft. The unit has 3 registered sales; the first was AED 3,250,000 in April 2009.

What is the rent for unit 812?

AED 180,000 a year on the contract signed on 15 January 2022.

How big is unit 812?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower.

What is unit 812 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 812, Shoreline - Hatmi

Starts from the last sale price (AED 1M, 27 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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