2-bed · 1,994 sqftShoreline - Hatmi, Palm Jumeirah · 9th floor

907, Shoreline - Hatmi

Sold prices and rental history: sold twice, last in December 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 907 · DLD and Ejari recordsUpdated 19 December 2018
Last soldAED 2.8M19 December 2018
Current rentAED 210K /yr1 December 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 907, Shoreline - Hatmi

What is 907 worth today?

Last sold for AED 2,800,000 in 2018

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19 Dec 2018SoldReady
AED 2,800,000AED 1,404 per sqft
1 Dec 2015RentedRenewal
AED 210,000/yr12 months · AED 105 per sqft
1 Dec 2014RentedNew contract
AED 215,000/yr12 months · AED 108 per sqft
1 Dec 2013RentedNew contract
AED 215,000/yr12 months · AED 108 per sqft
1 Dec 2012RentedNew contract
AED 205,000/yr12 months · AED 103 per sqft
26 Apr 2009Sold by developerReady
AED 1,150,000AED 576 per sqft

Source: Dubai Land Department. Updated 19 December 2018.

Key facts

Type
2-bed apartment
Size
1,994 sqft
Floor
9th of 9
Parking
1B2-147
Service charge
AED 29,300 /yr
Last sold
AED 2.8M · December 2018

About 907, Shoreline - Hatmi

907 is a two-bedroom apartment of 1,994 sqft on the 9th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 19 December 2018 for AED 2,800,000, or AED 1,404 per sqft, 7% above the AED 1,315 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 1 December 2015, is AED 210,000 a year: a gross yield of 7.5% on the 2018 price, before the service charge of about AED 29,300 a year.

Sales and rents for 907 over time

Sales
Unit 907, 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 1,150,000 (AED 576 per sqft)Sold, December 2018: AED 2,800,000 (AED 1,404 per sqft)

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

Rents
Unit 907, 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, December 2012: AED 205,000 a yearNew contract, December 2013: AED 215,000 a yearNew contract, December 2014: AED 215,000 a yearRenewal, December 2015: AED 210,000 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 907 sits

All 54 2-beds →

907 last sold in December 2018 at AED 1,404 per sqft, 7% above what two-beds in Shoreline - Hatmi were fetching at the time (AED 1,315). 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. 907's AED 210,000 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 9th floor

All 107 units in Shoreline - Hatmi
Value
9012-bedAED 2.1M · May 2016
9023-bedAED 1.18M · Mar 2009
9033-bedAED 1.28M · Mar 2009
9041-bedAED 1.86M · May 2016
9052-bedAED 895K · Mar 2009
9062-bedAED 6.45M · Nov 2024
9082-bedAED 2.4M · Feb 2019
1–7 of 11

907, Shoreline - Hatmi in numbers

  • Sold twice: first on 26 April 2009 for AED 1,150,000, last on 19 December 2018 for AED 2,800,000 (AED 1,404 per sqft).
  • Rented since December 2012 on 4 Ejari contracts, from AED 205,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2018 price is 7.5%, before a service charge of about AED 29,300 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 19 December 2018.

Questions about 907, Shoreline - Hatmi

What did unit 907 last sell for?

AED 2,800,000 on 19 December 2018: AED 1,404 per sqft for 1,994 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in April 2009.

What is the rent for unit 907?

AED 210,000 a year on the contract renewed on 1 December 2015. The previous contract, from December 2014, was AED 215,000; the unit has been rented since December 2012.

How big is unit 907?

1,994 sqft (185.2 sqm): a two-bedroom apartment on the 9th floor of a 9-storey tower.

What is unit 907 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 907, Shoreline - Hatmi

Starts from the last sale price (AED 2.8M, 19 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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