2-bed · 1,998 sqftShoreline - Hamri, Palm Jumeirah · 3rd floor · completed 2007

307, Shoreline - Hamri

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 14 March 2024
Last soldAED 2.82M21 September 2023
Current rentAED 115K /yr14 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Shoreline - Hamri

What is 307 worth today?

Last sold for AED 2,820,000 in 2023

Unlock today's estimate, updated daily, with

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

14 Mar 2024RentedNew contract
AED 115,158/yr7 months · AED 58 per sqft
21 Sep 2023SoldReady
AED 2,820,000AED 1,411 per sqft
15 Mar 2023RentedRenewal
AED 115,000/yr12 months · AED 57 per sqft
15 Mar 2022RentedRenewal
AED 115,000/yr12 months · AED 57 per sqft
15 Mar 2021RentedRenewal
AED 100,000/yr12 months · AED 50 per sqft
15 Mar 2020RentedRenewal
AED 110,000/yr12 months · AED 55 per sqft
13 Jan 2017RentedRenewal
AED 159,600/yr12 months · AED 80 per sqft
13 Jan 2016RentedRenewal
AED 152,000/yr12 months · AED 76 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2024.

Key facts

Type
2-bed apartment
Size
1,998 sqft
Floor
3rd of 9
Parking
B2-39
Developer
Nakheel
Completed
2007
Service charge
AED 30,000 /yr
Last sold
AED 2.82M · September 2023

About 307, Shoreline - Hamri

307 is a two-bedroom apartment of 1,998 sqft on the 3rd floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 21 September 2023 for AED 2,820,000, or AED 1,411 per sqft, in line with the AED 1,415 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 14 March 2024, is AED 115,158 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 30,000 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in Shoreline - Hamri
2M4M2009201420192024Typical sale price by year: 2009 AED 825,000; 2010 AED 1,400,000; 2011 AED 1,175,000; 2012 AED 1,800,000; 2013 AED 1,925,000; 2014 AED 1,825,000; 2016 AED 1,912,500; 2018 AED 1,800,000; 2020 AED 1,425,000; 2021 AED 1,775,000; 2022 AED 2,050,000; 2023 AED 2,800,000; 2024 AED 2,650,000; 2025 AED 4,400,000Sold by developer, April 2009: AED 1,025,000 (AED 513 per sqft)Sold, September 2023: AED 2,820,000 (AED 1,411 per sqft)

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

Rents
Unit 307, each contractTypical two-bed in Shoreline - Hamri
100K150K2012201620202024Typical rent by year: 2012 AED 122,500; 2013 AED 130,000; 2014 AED 160,000; 2015 AED 155,000; 2016 AED 153,500; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 109,250; 2022 AED 120,000; 2023 AED 145,000; 2024 AED 170,000; 2025 AED 172,200New contract, January 2013: AED 135,000 a yearNew contract, January 2014: AED 145,000 a yearNew contract, January 2015: AED 152,000 a yearRenewal, January 2016: AED 152,000 a yearRenewal, January 2017: AED 159,600 a yearRenewal, March 2020: AED 110,000 a yearRenewal, March 2021: AED 100,000 a yearRenewal, March 2022: AED 115,000 a yearRenewal, March 2023: AED 115,000 a yearNew contract, March 2024: AED 115,158 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 - Hamri, and where 307 sits

All 53 2-beds →

307 last sold in September 2023 at AED 1,411 per sqft, in line with what two-beds in Shoreline - Hamri were fetching at the time (AED 1,415). Over the last 12 months two-beds sold for AED 4,600,000, around AED 2,302 per sqft, and rent for AED 152,000 to 220,000 a year. 307's AED 115,158 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Dec 20254,600,000
15 Apr 20254,100,000
12 Mar 20254,400,000
18 Dec 20242,650,000
1 2-bed sale in the last 12 months

Shoreline - Hamri

Building

108 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 2 sold in the last 12 months.

Typical price per sqft
AED 2,457
Typical sale
AED 5.2M
Typical rent
AED 160K /yr
Typical yield
5.0%
Shoreline - Hamri, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 108 units in Shoreline - Hamri
Value
3012-bedAED 1.36M · Apr 2021
3023-bedAED 3.65M · May 2023
3033-bedAED 2.6M · Sep 2016
3041-bedAED 1.67M · Dec 2017
3052-bedAED 3.4M · Apr 2009
3062-bedAED 2.4M · Feb 2014
3082-bedAED 2.95M · Nov 2023
1–7 of 11

307, Shoreline - Hamri in numbers

  • Sold twice: first on 23 April 2009 for AED 1,025,000, last on 21 September 2023 for AED 2,820,000 (AED 1,411 per sqft).
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 100,000 in 2021 and recovered to AED 115,158 by March 2024.
  • At AED 115,158 a year the gross yield on the 2023 price is 4.1%, before a service charge of about AED 30,000 a year (AED 15.01 per sqft).
  • Two-beds in Shoreline - Hamri sold for AED 4,600,000–4,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,457 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 14 March 2024.

Questions about 307, Shoreline - Hamri

What did unit 307 last sell for?

AED 2,820,000 on 21 September 2023: AED 1,411 per sqft for 1,998 sqft. The unit has 2 registered sales; the first was AED 1,025,000 in April 2009.

What is the rent for unit 307?

AED 115,158 a year on the contract signed on 14 March 2024. The previous contract, from March 2023, was AED 115,000; the unit has been rented since January 2013.

How big is unit 307?

1,998 sqft (185.6 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Hamri sold for AED 4,600,000 to 4,600,000 in the last 12 months, around AED 2,302 per sqft.

Selling 307? 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 307, Shoreline - Hamri

Starts from the last sale price (AED 2.82M, 21 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,820,000
Deposit, UAE resident (20%)
AED 564,000
Deposit, non-resident (40%)
AED 1,128,000
Monthly over 25 years at 3.7%
AED 11,537

Plus AED 123,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →