506, Shoreline - Hamri
Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Shoreline - Hamri
What is 506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,007 sqft
- Floor
- 5th of 9
- Parking
- B2-75
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 15,100 /yr
- Last sold
- AED 2.05M · November 2021
- Building
- Shoreline - Hamri
About 506, Shoreline - Hamri
506 is a two-bedroom apartment of 1,007 sqft on the 5th floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 15 November 2021 for AED 2,050,000, or AED 1,017 per sqft, 13% above the AED 901 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, renewed on 25 March 2024, is AED 139,000 a year: a gross yield of 6.8% on the 2021 price, before the service charge of about AED 15,100 a year.
Sales and rents for 506 over time
506 has sold 3 times; 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 506 sits
All 53 2-beds →506 last sold in November 2021 at AED 1,017 per sqft, 13% above what two-beds in Shoreline - Hamri were fetching at the time (AED 901). 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. 506's AED 139,000 is at the bottom 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 | |
| 505 | 2-bed | 1,551 sqft | AED 2.19MAED 2,193,000 · Apr 2009April 2009 | 160,000 /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 |
506, Shoreline - Hamri in numbers
- Sold 3 times: first on 28 April 2009 for AED 1,025,000, last on 15 November 2021 for AED 2,050,000 (AED 1,017 per sqft).
- Rented since January 2013 on 15 Ejari contracts. The rent fell from AED 140,000 to AED 110,000 in 2021 and recovered to AED 139,000 by March 2024.
- At AED 139,000 a year the gross yield on the 2021 price is 6.8%, before a service charge of about AED 15,100 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 25 March 2024.
Questions about 506, Shoreline - Hamri
What did unit 506 last sell for?
AED 2,050,000 on 15 November 2021: AED 1,017 per sqft for 1,007 sqft. The unit has 3 registered sales; the first was AED 1,025,000 in April 2009.
What is the rent for unit 506?
AED 139,000 a year on the contract renewed on 25 March 2024. The previous contract, from March 2023, was AED 126,000; the unit has been rented since January 2013.
How big is unit 506?
1,007 sqft (93.6 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.
What is unit 506 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 506, Shoreline - Hamri
Starts from the last sale price (AED 2.05M, 15 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus AED 91,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →