2-bed · 1,579 sqftShoreline - Jash Hamad, Palm Jumeirah · 7th floor · completed 2007

701, Shoreline - Jash Hamad

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 29 March 2021
Last soldAED 1.42M29 March 2021
Current rentAED 93K /yr20 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Shoreline - Jash Hamad

What is 701 worth today?

Last sold for AED 1,415,000 in 2021

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29 Mar 2021SoldReady
AED 1,415,000AED 895 per sqft
20 Feb 2021RentedNew contract
AED 93,000/yr12 months · AED 59 per sqft
20 Feb 2020RentedRenewal
AED 105,000/yr12 months · AED 64 per sqft
20 Feb 2019RentedNew contract
AED 105,000/yr12 months · AED 64 per sqft
25 Jan 2017RentedNew contract
AED 140,000/yr12 months · AED 86 per sqft
24 Apr 2013Sold by developerReady
AED 939,372AED 594 per sqft

Source: Dubai Land Department. Updated 29 March 2021.

Key facts

Type
2-bed apartment
Size
1,579 sqft
Floor
7th of 9
Parking
B2-97
Developer
Nakheel
Completed
2007
Service charge
AED 21,100 /yr
Last sold
AED 1.42M · March 2021

About 701, Shoreline - Jash Hamad

701 is a two-bedroom apartment of 1,579 sqft on the 7th floor of Shoreline - Jash Hamad, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 29 March 2021 for AED 1,415,000, or AED 895 per sqft, 12% above the AED 797 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 20 February 2021, is AED 93,000 a year: a gross yield of 6.6% on the 2021 price, before the service charge of about AED 21,100 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, April 2013: AED 939,372 (AED 594 per sqft)Sold, March 2021: AED 1,415,000 (AED 895 per sqft)

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

Rents
Unit 701, 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 2017: AED 140,000 a yearNew contract, February 2019: AED 105,000 a yearRenewal, February 2020: AED 105,000 a yearNew contract, February 2021: AED 93,000 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 - Jash Hamad, and where 701 sits

All 49 2-beds →

701 last sold in March 2021 at AED 895 per sqft, 12% above what two-beds in Shoreline - Jash Hamad were fetching at the time (AED 797). 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. 701's AED 93,000 is at the bottom 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 7th floor

All 108 units in Shoreline - Jash Hamad
Value
7023-bedAED 2.59M · Dec 2012
7033-bedAED 3.3M · Jun 2023
7041-bedAED 1.33M · Mar 2013
7052-bedAED 2.03M · Nov 2021
7062-bedAED 2.4M · Nov 2022
7072-bedAED 5.1M · Aug 2025
7082-bedAED 2.4M · Jun 2023
1–7 of 11

701, Shoreline - Jash Hamad in numbers

  • Sold twice: first on 24 April 2013 for AED 939,372, last on 29 March 2021 for AED 1,415,000 (AED 895 per sqft).
  • Rented since January 2017 on 4 Ejari contracts, from AED 140,000 to AED 93,000 a year.
  • At AED 93,000 a year the gross yield on the 2021 price is 6.6%, before a service charge of about AED 21,100 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 29 March 2021.

Questions about 701, Shoreline - Jash Hamad

What did unit 701 last sell for?

AED 1,415,000 on 29 March 2021: AED 895 per sqft for 1,579 sqft. The unit has 2 registered sales; the first was AED 939,372 in April 2013.

What is the rent for unit 701?

AED 93,000 a year on the contract signed on 20 February 2021. The previous contract, from February 2020, was AED 105,000; the unit has been rented since January 2017.

How big is unit 701?

1,579 sqft (146.7 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 701 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.

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Mortgage on 701, Shoreline - Jash Hamad

Starts from the last sale price (AED 1.42M, 29 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,415,000
Deposit, UAE resident (20%)
AED 283,000
Deposit, non-resident (40%)
AED 566,000
Monthly over 25 years at 3.7%
AED 5,789

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