2-bed · 1,554 sqftShoreline - Jash Hamad, Palm Jumeirah · 4th floor · completed 2007

405, Shoreline - Jash Hamad

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

Unit 405 · DLD and Ejari recordsUpdated 22 January 2014
Last soldAED 2.08M7 July 2013
Current rentAED 135K /yr22 January 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Shoreline - Jash Hamad

What is 405 worth today?

Last sold for AED 2,075,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Jan 2014RentedNew contract
AED 134,629/yr5 months · AED 85 per sqft
7 Jul 2013SoldReady
AED 2,075,000AED 1,335 per sqft
22 Jan 2013RentedNew contract
AED 130,000/yr12 months · AED 82 per sqft
31 Dec 2012Sold by developerReady
AED 1,587,011AED 1,021 per sqft

Source: Dubai Land Department. Updated 22 January 2014.

Key facts

Type
2-bed apartment
Size
1,554 sqft
Floor
4th of 9
Parking
B2-55
Developer
Nakheel
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 2.08M · July 2013

About 405, Shoreline - Jash Hamad

405 is a two-bedroom apartment of 1,554 sqft on the 4th floor of Shoreline - Jash Hamad, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 7 July 2013 for AED 2,075,000, or AED 1,335 per sqft, 24% above the AED 1,080 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 22 January 2014, is AED 134,629 a year: a gross yield of 6.5% on the 2013 price, before the service charge of about AED 20,700 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Shoreline - Jash Hamad
2M4M2012201620202024Typical sale price by year: 2012 AED 1,636,859; 2013 AED 1,925,000; 2015 AED 2,150,000; 2016 AED 1,800,000; 2017 AED 2,275,000; 2020 AED 1,440,000; 2021 AED 1,790,000; 2022 AED 2,220,000; 2023 AED 2,600,000; 2024 AED 3,600,000; 2025 AED 4,250,000; 2026 AED 3,600,000Sold by developer, December 2012: AED 1,587,011 (AED 1,021 per sqft)Sold, July 2013: AED 2,075,000 (AED 1,335 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Shoreline - Jash Hamad
100K150K200K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 133,850; 2014 AED 136,428; 2015 AED 150,000; 2016 AED 148,750; 2017 AED 140,000; 2018 AED 125,000; 2019 AED 105,000; 2020 AED 95,500; 2021 AED 100,000; 2022 AED 125,000; 2023 AED 165,000; 2024 AED 185,000; 2025 AED 186,000; 2026 AED 177,500New contract, January 2013: AED 130,000 a yearNew contract, January 2014: AED 134,629 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 - Jash Hamad, and where 405 sits

All 49 2-beds →

405 last sold in July 2013 at AED 1,335 per sqft, 24% above what two-beds in Shoreline - Jash Hamad were fetching at the time (AED 1,080). Over the last 12 months two-beds sold for AED 3,300,000 to 4,450,000, around AED 2,257 per sqft, and rent for AED 100,000 to 365,000 a year. 405's AED 134,629 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Apr 20263,300,000
6 Mar 20264,000,000
19 Jan 20263,600,000
11 Nov 20254,450,000
4 2-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
4023-bedAED 2.25M · Sep 2012
4033-bedAED 1.5M · Jan 2020
4041-bedAED 1.16M · Nov 2012
4062-bedAED 1.8M · Oct 2012
4072-bedAED 2.6M · Jul 2023
4082-bedAED 2.15M · Sep 2015
1–7 of 11

405, Shoreline - Jash Hamad in numbers

  • Sold twice: first on 31 December 2012 for AED 1,587,011, last on 7 July 2013 for AED 2,075,000 (AED 1,335 per sqft).
  • Rented since January 2013 on 2 Ejari contracts, from AED 130,000 to AED 134,629 a year.
  • At AED 134,629 a year the gross yield on the 2013 price is 6.5%, before a service charge of about AED 20,700 a year (AED 13.34 per sqft).
  • Two-beds in Shoreline - Jash Hamad sold for AED 3,300,000–4,450,000 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 22 January 2014.

Questions about 405, Shoreline - Jash Hamad

What did unit 405 last sell for?

AED 2,075,000 on 7 July 2013: AED 1,335 per sqft for 1,554 sqft. The unit has 2 registered sales; the first was AED 1,587,011 in December 2012.

What is the rent for unit 405?

AED 134,629 a year on the contract signed on 22 January 2014. The previous contract, from January 2013, was AED 130,000.

How big is unit 405?

1,554 sqft (144.4 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Jash Hamad sold for AED 3,300,000 to 4,450,000 in the last 12 months, around AED 2,257 per sqft.

Selling 405? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 405, Shoreline - Jash Hamad

Starts from the last sale price (AED 2.08M, 7 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,075,000
Deposit, UAE resident (20%)
AED 415,000
Deposit, non-resident (40%)
AED 830,000
Monthly over 25 years at 3.7%
AED 8,489

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