505, Shoreline - Hamri
Sold prices and rental history: sold once, by the developer in April 2009, and rented once, from February 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Shoreline - Hamri
What is 505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 February 2014.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 5th of 9
- Parking
- B2-74
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 23,300 /yr
- Last sold
- AED 2.19M · April 2009
- Building
- Shoreline - Hamri
About 505, Shoreline - Hamri
505 is a two-bedroom apartment of 1,551 sqft on the 5th floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 26 April 2009 for AED 2,193,000, or AED 1,414 per sqft, 169% above the AED 525 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 February 2014. The current contract, signed on 20 February 2014, is AED 160,000 a year: a gross yield of 7.3% on the 2009 price, before the service charge of about AED 23,300 a year.
Sales and rents for 505 over time
505 has sold once; the dashed line is the two-bed median of each year in the building.
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 505 sits
All 53 2-beds →505 last sold in April 2009 at AED 1,414 per sqft, 169% above what two-beds in Shoreline - Hamri were fetching at the time (AED 525). 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. 505's AED 160,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202530 December 2025 | 1,998 sqft | 4,600,000 | 2,302 | ||
| 15 Apr 202515 April 2025 | 1,551 sqft | 4,100,000 | 2,643 | ||
| 12 Mar 202512 March 2025 | 2,014 sqft | 4,400,000 | 2,184 | ||
| 18 Dec 202418 December 2024 | 1,612 sqft | 2,650,000 | 1,644 |
Shoreline - Hamri
Building108 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%
Other units on the 5th floor
All 108 units in Shoreline - Hamri| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,583 sqft | AED 2.8MAED 2,800,000 · Oct 2023October 2023 | 80,000 /yr | |
| 502 | 3-bed | 2,234 sqft | AED 4.5MAED 4,500,000 · Nov 2024November 2024 | 280,000 /yr | |
| 503 | 3-bed | 2,161 sqft | AED 3.78MAED 3,775,000 · Apr 2009April 2009 | 280,000 /yr | |
| 504 | 1-bed | 1,145 sqft | AED 2.1MAED 2,100,000 · Oct 2023October 2023 | 110,000 /yr | |
| 506 | 2-bed | 1,007 sqft | AED 2.05MAED 2,050,000 · Nov 2021November 2021 | 139,000 /yr | |
| 507 | 2-bed | 2,014 sqft | AED 4.4MAED 4,400,000 · Mar 2025March 2025 | 210,000 /yr | |
| 508 | 2-bed | 1,551 sqft | AED 2.1MAED 2,100,000 · Mar 2022March 2022 | 220,000 /yr | |
| 509 | 1,145 sqft | AED 2.64MAED 2,635,000 · Oct 2025October 2025 | 145,000 /yr | ||
| 510 | 3-bed | 2,161 sqft | AED 2.7MAED 2,700,000 · Apr 2016April 2016 | 150,000 /yr | |
| 511 | 3-bed | 2,221 sqft | AED 2.8MAED 2,800,000 · Apr 2022April 2022 | 130,000 /yr | |
| 512 | 2-bed | 1,583 sqft | AED 2.53MAED 2,525,000 · Apr 2024April 2024 | 125,224 /yr |
505, Shoreline - Hamri in numbers
- Sold once: by Nakheel on 26 April 2009 for AED 2,193,000, or AED 1,414 per sqft.
- Rented since February 2014 on one Ejari contract, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2009 price is 7.3%, before a service charge of about AED 23,300 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 20 February 2014.
Questions about 505, Shoreline - Hamri
What did unit 505 last sell for?
AED 2,193,000 on 26 April 2009, sold by the developer: AED 1,414 per sqft for 1,551 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 160,000 a year on the contract signed on 20 February 2014.
How big is unit 505?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.
What is unit 505 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 505, Shoreline - Hamri
Starts from the last sale price (AED 2.19M, 26 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,193,000
- Deposit, UAE resident (20%)
- AED 438,600
- Deposit, non-resident (40%)
- AED 877,200
- Monthly over 25 years at 3.7%
- AED 8,972
Plus AED 97,116 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →