2-bed · 1,998 sqftShoreline - Hamri, Palm Jumeirah · 4th floor · completed 2007

406, Shoreline - Hamri

Sold prices and rental history: sold 4 times, last in December 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 7 January 2025
Last soldAED 2.1M13 December 2021
Current rentAED 145K /yr7 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Shoreline - Hamri

What is 406 worth today?

Last sold for AED 2,100,000 in 2021

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7 Jan 2025RentedNew contract
AED 145,000/yr12 months · AED 73 per sqft
7 Jan 2024RentedRenewal
AED 130,000/yr12 months · AED 65 per sqft
7 Jan 2022RentedNew contract
AED 110,000/yr12 months · AED 55 per sqft
13 Dec 2021SoldReady
AED 2,100,000AED 1,051 per sqft
7 Jan 2021RentedNew contract
AED 105,000/yr12 months · AED 52 per sqft
1 Aug 2020RentedNew contract
AED 115,000/yr12 months · AED 57 per sqft
1 Aug 2019RentedNew contract
AED 115,000/yr12 months · AED 58 per sqft
1 Dec 2017RentedNew contract
AED 155,000/yr12 months · AED 78 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 January 2025.

Key facts

Type
2-bed apartment
Size
1,998 sqft
Floor
4th of 9
Parking
B2-58
Developer
Nakheel
Completed
2007
Service charge
AED 30,000 /yr
Last sold
AED 2.1M · December 2021

About 406, Shoreline - Hamri

406 is a two-bedroom apartment of 1,998 sqft on the 4th floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 13 December 2021 for AED 2,100,000, or AED 1,051 per sqft, 8% above the AED 974 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 7 January 2025, is AED 145,000 a year: a gross yield of 6.9% on the 2021 price, before the service charge of about AED 30,000 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, November 2009: AED 1,100,000 (AED 550 per sqft)Sold, December 2013: AED 2,525,000 (AED 1,263 per sqft)Sold, December 2021: AED 2,100,000 (AED 1,051 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Shoreline - Hamri
100K150K200K2012201620202024Typical 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 2014: AED 180,000 a yearNew contract, January 2015: AED 185,000 a yearNew contract, January 2016: AED 175,000 a yearRenewal, January 2017: AED 175,000 a yearNew contract, December 2017: AED 155,000 a yearNew contract, August 2019: AED 115,000 a yearNew contract, August 2020: AED 115,000 a yearNew contract, January 2021: AED 105,000 a yearNew contract, January 2022: AED 110,000 a yearRenewal, January 2024: AED 130,000 a yearNew contract, January 2025: AED 145,000 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 - Hamri, and where 406 sits

All 53 2-beds →

406 last sold in December 2021 at AED 1,051 per sqft, 8% above what two-beds in Shoreline - Hamri were fetching at the time (AED 974). 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. 406's AED 145,000 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 4th floor

All 108 units in Shoreline - Hamri
Value
4012-bedAED 2.1M · Aug 2015
4023-bedAED 2.45M · Jun 2016
4033-bedAED 2.49M · May 2023
4041-bedAED 1.31M · Aug 2021
4052-bedAED 790K · Apr 2009
4072-bedAED 4.6M · Dec 2025
4082-bedAED 1.85M · Aug 2017
1–7 of 11

406, Shoreline - Hamri in numbers

  • Sold 4 times: first on 27 April 2009 for AED 1,025,000, last on 13 December 2021 for AED 2,100,000 (AED 1,051 per sqft).
  • Rented since January 2014 on 11 Ejari contracts. The rent fell from AED 180,000 to AED 105,000 in 2021 and recovered to AED 145,000 by January 2025.
  • At AED 145,000 a year the gross yield on the 2021 price is 6.9%, 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 7 January 2025.

Questions about 406, Shoreline - Hamri

What did unit 406 last sell for?

AED 2,100,000 on 13 December 2021: AED 1,051 per sqft for 1,998 sqft. The unit has 4 registered sales; the first was AED 1,025,000 in April 2009.

What is the rent for unit 406?

AED 145,000 a year on the contract signed on 7 January 2025. The previous contract, from January 2024, was AED 130,000; the unit has been rented since January 2014.

How big is unit 406?

1,998 sqft (185.6 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 406 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.

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Mortgage on 406, Shoreline - Hamri

Starts from the last sale price (AED 2.1M, 13 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →