511, Shoreline - Hamri
Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Shoreline - Hamri
What is 511 worth today?
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Source: Dubai Land Department. Updated 22 April 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,221 sqft
- Floor
- 5th of 9
- Parking
- B2-81,B2-82
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 33,300 /yr
- Last sold
- AED 2.8M · April 2022
- Building
- Shoreline - Hamri
About 511, Shoreline - Hamri
511 is a three-bedroom apartment of 2,221 sqft on the 5th floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 22 April 2022 for AED 2,800,000, or AED 1,260 per sqft, 35% above the AED 931 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 1 June 2021, is AED 130,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 33,300 a year.
Sales and rents for 511 over time
511 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Shoreline - Hamri, and where 511 sits
All 37 3-beds →511 last sold in April 2022 at AED 1,260 per sqft, 35% above what three-beds in Shoreline - Hamri were fetching at the time (AED 931). Over the last 12 months three-beds sold for AED 5,800,000, around AED 2,611 per sqft, and rent for AED 270,000 to 270,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Feb 202527 February 2025 | 2,200 sqft | 4,000,000 | 1,817 | ||
| 25 Feb 202525 February 2025 | 2,181 sqft | 4,950,000 | 2,269 | ||
| 3 Feb 20253 February 2025 | 2,193 sqft | 4,850,000 | 2,211 | ||
| 6 Nov 20246 November 2024 | 2,234 sqft | 4,500,000 | 2,014 |
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 | |
| 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 | |
| 512 | 2-bed | 1,583 sqft | AED 2.53MAED 2,525,000 · Apr 2024April 2024 | 125,224 /yr |
511, Shoreline - Hamri in numbers
- Sold twice: first on 27 April 2009 for AED 4,000,000, last on 22 April 2022 for AED 2,800,000 (AED 1,260 per sqft).
- Rented since November 2016 on 5 Ejari contracts, from AED 185,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 33,300 a year (AED 15.01 per sqft).
- Three-beds in Shoreline - Hamri sold for AED 5,800,000–5,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,457 per sqft.
Source: Dubai Land Department. Updated 22 April 2022.
Questions about 511, Shoreline - Hamri
What did unit 511 last sell for?
AED 2,800,000 on 22 April 2022: AED 1,260 per sqft for 2,221 sqft. The unit has 2 registered sales; the first was AED 4,000,000 in April 2009.
What is the rent for unit 511?
AED 130,000 a year on the contract renewed on 1 June 2021. The previous contract, from June 2020, was AED 130,000; the unit has been rented since November 2016.
How big is unit 511?
2,221 sqft (206.3 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.
What is unit 511 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Hamri sold for AED 5,800,000 to 5,800,000 in the last 12 months, around AED 2,611 per sqft.
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Mortgage on 511, Shoreline - Hamri
Starts from the last sale price (AED 2.8M, 22 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus AED 122,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →