2-bed · 1,992 sqftShoreline - Jash Hamad, Palm Jumeirah · 7th floor · completed 2007

706, Shoreline - Jash Hamad

Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 16 November 2022
Last soldAED 2.4M16 November 2022
Current rentAED 90K /yr26 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Shoreline - Jash Hamad

What is 706 worth today?

Last sold for AED 2,400,000 in 2022

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16 Nov 2022SoldReady
AED 2,400,000AED 1,204 per sqft
15 Jun 2022SoldReady
AED 2,010,000AED 1,009 per sqft
26 Dec 2021RentedRenewal
AED 90,000/yr12 months · AED 44 per sqft
26 Dec 2020RentedNew contract
AED 82,800/yr12 months · AED 40 per sqft
27 Nov 2019RentedNew contract
AED 110,000/yr12 months · AED 54 per sqft
31 Oct 2018RentedRenewal
AED 120,000/yr12 months · AED 59 per sqft
31 Oct 2017RentedRenewal
AED 150,000/yr12 months · AED 73 per sqft
31 Oct 2016RentedRenewal
AED 160,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 16 November 2022.

Key facts

Type
2-bed apartment
Size
1,992 sqft
Floor
7th of 9
Parking
B2-104
Developer
Nakheel
Completed
2007
Service charge
AED 26,600 /yr
Last sold
AED 2.4M · November 2022

About 706, Shoreline - Jash Hamad

706 is a two-bedroom apartment of 1,992 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 16 November 2022 for AED 2,400,000, or AED 1,204 per sqft, in line with the AED 1,218 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 26 December 2021, is AED 90,000 a year: a gross yield of 3.8% on the 2022 price, before the service charge of about AED 26,600 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, March 2013: AED 2,235,000 (AED 1,122 per sqft)Sold, September 2013: AED 2,500,000 (AED 1,255 per sqft)Sold, June 2022: AED 2,010,000 (AED 1,009 per sqft)Sold, November 2022: AED 2,400,000 (AED 1,204 per sqft)

706 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 706, 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, June 2013: AED 160,000 a yearNew contract, October 2013: AED 160,000 a yearRenewal, October 2014: AED 160,000 a yearRenewal, October 2015: AED 160,000 a yearRenewal, October 2016: AED 160,000 a yearRenewal, October 2017: AED 150,000 a yearRenewal, October 2018: AED 120,000 a yearNew contract, November 2019: AED 110,000 a yearNew contract, December 2020: AED 82,800 a yearRenewal, December 2021: AED 90,000 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 706 sits

All 49 2-beds →

706 last sold in November 2022 at AED 1,204 per sqft, in line with what two-beds in Shoreline - Jash Hamad were fetching at the time (AED 1,218). 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. 706's AED 90,000 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
7012-bedAED 1.42M · Mar 2021
7023-bedAED 2.59M · Dec 2012
7033-bedAED 3.3M · Jun 2023
7041-bedAED 1.33M · Mar 2013
7052-bedAED 2.03M · Nov 2021
7072-bedAED 5.1M · Aug 2025
7082-bedAED 2.4M · Jun 2023
1–7 of 11

706, Shoreline - Jash Hamad in numbers

  • Sold 4 times: first on 17 March 2013 for AED 2,235,000, last on 16 November 2022 for AED 2,400,000 (AED 1,204 per sqft).
  • Rented since June 2013 on 10 Ejari contracts, from AED 160,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 3.8%, before a service charge of about AED 26,600 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 16 November 2022.

Questions about 706, Shoreline - Jash Hamad

What did unit 706 last sell for?

AED 2,400,000 on 16 November 2022: AED 1,204 per sqft for 1,992 sqft. The unit has 4 registered sales; the first was AED 2,235,000 in March 2013.

What is the rent for unit 706?

AED 90,000 a year on the contract renewed on 26 December 2021. The previous contract, from December 2020, was AED 82,800; the unit has been rented since June 2013.

How big is unit 706?

1,992 sqft (185.1 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 706 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 706, Shoreline - Jash Hamad

Starts from the last sale price (AED 2.4M, 16 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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