1-bed · 720 sqftShoreline - Hatmi, Palm Jumeirah · 1st floor

J2, Shoreline - Hatmi

Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit J2 · DLD and Ejari recordsUpdated 4 September 2024
Last soldAED 1M6 April 2021
Current rentAED 120K /yr4 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for J2, Shoreline - Hatmi

What is J2 worth today?

Last sold for AED 1,000,000 in 2021

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4 Sep 2024RentedNew contract
AED 120,000/yr12 months · AED 167 per sqft
6 Apr 2021SoldReady
AED 1,000,000AED 1,388 per sqft
24 Feb 2021SoldReady
AED 740,000AED 1,027 per sqft
15 May 2020RentedNew contract
AED 60,000/yr12 months · AED 83 per sqft
15 Apr 2019RentedNew contract
AED 90,000/yr12 months · AED 125 per sqft
15 Apr 2017RentedNew contract
AED 90,000/yr12 months · AED 125 per sqft
21 Feb 2016RentedRenewal
AED 108,000/yr12 months · AED 150 per sqft
21 Nov 2015RentedNew contract
AED 108,000/yr3 months · AED 150 per sqft

Source: Dubai Land Department. Updated 4 September 2024.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
1st of 9
Parking
1B2-38
Service charge
AED 10,600 /yr
Last sold
AED 1M · April 2021

About J2, Shoreline - Hatmi

J2 is a one-bedroom apartment of 720 sqft on the 1st floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 6 April 2021 for AED 1,000,000, or AED 1,388 per sqft, 12% above the AED 1,236 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 4 September 2024, is AED 120,000 a year: a gross yield of 12.0% on the 2021 price, before the service charge of about AED 10,600 a year.

Sales and rents for J2 over time

Sales
Unit J2, 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, May 2009: AED 665,900 (AED 924 per sqft)Sold, February 2021: AED 740,000 (AED 1,027 per sqft)Sold, April 2021: AED 1,000,000 (AED 1,388 per sqft)

J2 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit J2, each contractTypical one-bed in Shoreline - Hatmi
50K100K150K2012201620202024Typical 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, July 2012: AED 85,000 a yearNew contract, November 2014: AED 107,701 a yearNew contract, November 2015: AED 108,000 a yearRenewal, February 2016: AED 108,000 a yearNew contract, April 2017: AED 90,000 a yearNew contract, April 2019: AED 90,000 a yearNew contract, May 2020: AED 60,000 a yearNew contract, September 2024: AED 120,000 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 J2 sits

All 22 1-beds →

J2 last sold in April 2021 at AED 1,388 per sqft, 12% above what one-beds in Shoreline - Hatmi were fetching at the time (AED 1,236). 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. J2's AED 120,000 is at the bottom 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
1 Mar 20211,550,000
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 1st floor

All 107 units in Shoreline - Hatmi
Value
1012-bedAED 800K · Feb 2012
1023-bedAED 4M · May 2023
1041-bedAED 660K · Apr 2009
1052-bedAED 4.7M · Apr 2025
1062-bedAED 870K · Mar 2009
1071-bedAED 660K · Apr 2009
1083-bedAED 1.25M · Mar 2009
1–7 of 10

J2, Shoreline - Hatmi in numbers

  • Sold 3 times: first on 3 May 2009 for AED 665,900, last on 6 April 2021 for AED 1,000,000 (AED 1,388 per sqft).
  • Rented since July 2012 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2020 and recovered to AED 120,000 by September 2024.
  • At AED 120,000 a year the gross yield on the 2021 price is 12.0%, before a service charge of about AED 10,600 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 4 September 2024.

Questions about J2, Shoreline - Hatmi

What did unit J2 last sell for?

AED 1,000,000 on 6 April 2021: AED 1,388 per sqft for 720 sqft. The unit has 3 registered sales; the first was AED 665,900 in May 2009.

What is the rent for unit J2?

AED 120,000 a year on the contract signed on 4 September 2024. The previous contract, from May 2020, was AED 60,000; the unit has been rented since July 2012.

How big is unit J2?

720 sqft (66.9 sqm): a one-bedroom apartment on the 1st floor of a 9-storey tower.

What is unit J2 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 J2, Shoreline - Hatmi

Starts from the last sale price (AED 1M, 6 April 2021). 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 →