3-bed · 2,202 sqftShoreline - Jash Hamad, Palm Jumeirah · 4th floor · completed 2007

402, Shoreline - Jash Hamad

Sold prices and rental history: sold once, by the developer in September 2012, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 1 January 2019
Last soldAED 2.25M5 September 2012
Current rentAED 110K /yr1 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Shoreline - Jash Hamad

What is 402 worth today?

Last sold for AED 2,250,000 in 2012

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1 Jan 2019RentedNew contract
AED 110,000/yr36 months · AED 48 per sqft
1 Dec 2017RentedNew contract
AED 125,538/yr13 months · AED 55 per sqft
5 Sep 2012Sold by developerReady
AED 2,250,000AED 1,021 per sqft

Source: Dubai Land Department. Updated 1 January 2019.

Key facts

Type
3-bed apartment
Size
2,202 sqft
Floor
4th of 9
Parking
B2-50,B2-51
Developer
Nakheel
Completed
2007
Service charge
AED 29,400 /yr
Last sold
AED 2.25M · September 2012

About 402, Shoreline - Jash Hamad

402 is a three-bedroom apartment of 2,202 sqft on the 4th floor of Shoreline - Jash Hamad, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 5 September 2012 for AED 2,250,000, or AED 1,021 per sqft, 18% above the AED 863 three-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 1 January 2019, is AED 110,000 a year: a gross yield of 4.9% on the 2012 price, before the service charge of about AED 29,400 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Shoreline - Jash Hamad
2M4M2012201620202024Typical sale price by year: 2012 AED 1,967,746; 2013 AED 2,562,500; 2015 AED 3,030,000; 2016 AED 2,690,000; 2021 AED 1,940,000; 2023 AED 3,375,000; 2024 AED 4,000,000; 2025 AED 4,500,000Sold by developer, September 2012: AED 2,250,000 (AED 1,021 per sqft)

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

Rents
Unit 402, each contractTypical three-bed in Shoreline - Jash Hamad
100K200K2012201620202024Typical rent by year: 2012 AED 165,000; 2013 AED 176,750; 2014 AED 190,000; 2015 AED 190,000; 2016 AED 190,512; 2017 AED 167,500; 2018 AED 165,000; 2019 AED 150,000; 2020 AED 125,000; 2021 AED 127,500; 2022 AED 180,000; 2023 AED 228,000; 2024 AED 265,000; 2025 AED 240,000; 2026 AED 234,515New contract, December 2017: AED 125,538 a yearNew contract, January 2019: AED 110,000 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 - Jash Hamad, and where 402 sits

All 40 3-beds →

402 last sold in September 2012 at AED 1,021 per sqft, 18% above what three-beds in Shoreline - Jash Hamad were fetching at the time (AED 863). Over the last 12 months three-beds sold for AED 5,385,000 to 5,900,000, around AED 2,497 per sqft, and rent for AED 121,275 to 300,000 a year. 402's AED 110,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Oct 20265,385,000
31 Jan 20265,400,000
12 Nov 20255,900,000
28 Oct 20251,970,000
3 3-bed sales in the last 12 months

Shoreline - Jash Hamad

Building

108 apartments, 1-bed to 3-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 8 sold in the last 12 months.

Typical price per sqft
AED 2,362
Typical sale
AED 4.23M
Typical rent
AED 165K /yr
Typical yield
4.6%
Shoreline - Jash Hamad, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 108 units in Shoreline - Jash Hamad
Value
4012-bedAED 1.67M · Oct 2012
4033-bedAED 1.5M · Jan 2020
4041-bedAED 1.16M · Nov 2012
4052-bedAED 2.08M · Jul 2013
4062-bedAED 1.8M · Oct 2012
4072-bedAED 2.6M · Jul 2023
4082-bedAED 2.15M · Sep 2015
1–7 of 11

402, Shoreline - Jash Hamad in numbers

  • Sold once: by Nakheel on 5 September 2012 for AED 2,250,000, or AED 1,021 per sqft.
  • Rented since December 2017 on 2 Ejari contracts, from AED 125,538 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2012 price is 4.9%, before a service charge of about AED 29,400 a year (AED 13.34 per sqft).
  • Three-beds in Shoreline - Jash Hamad sold for AED 5,385,000–5,900,000 in the 12 months to November 2026; the building's median across all types is AED 2,362 per sqft.

Source: Dubai Land Department. Updated 1 January 2019.

Questions about 402, Shoreline - Jash Hamad

What did unit 402 last sell for?

AED 2,250,000 on 5 September 2012, sold by the developer: AED 1,021 per sqft for 2,202 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 110,000 a year on the contract signed on 1 January 2019. The previous contract, from December 2017, was AED 125,538.

How big is unit 402?

2,202 sqft (204.6 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Jash Hamad sold for AED 5,385,000 to 5,900,000 in the last 12 months, around AED 2,497 per sqft.

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Mortgage on 402, Shoreline - Jash Hamad

Starts from the last sale price (AED 2.25M, 5 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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