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2-bed · 1,994 sqftShoreline - Hamri, Palm Jumeirah · 7th floor · completed 2007

707, Shoreline - Hamri

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 3.85M18 November 2024
Current rentAED 145K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Shoreline - Hamri

What is 707 worth today?

Last sold for AED 3,850,000 in 2024

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18 Nov 2024SoldReady
AED 3,850,000AED 1,931 per sqft
20 Oct 2023RentedRenewal
AED 145,000/yr12 months · AED 73 per sqft
20 Oct 2022RentedRenewal
AED 130,000/yr12 months · AED 65 per sqft
20 Oct 2021RentedNew contract
AED 109,250/yr12 months · AED 55 per sqft
20 Oct 2020RentedNew contract
AED 95,000/yr12 months · AED 48 per sqft
6 Oct 2019RentedRenewal
AED 125,000/yr12 months · AED 63 per sqft
6 Jul 2019RentedRenewal
AED 150,000/yr3 months · AED 76 per sqft
6 Jan 2018RentedRenewal
AED 152,000/yr6 months · AED 77 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2024.

Key facts

Type
2-bed apartment
Size
1,994 sqft
Floor
7th of 9
Parking
B2-109
Developer
Nakheel
Completed
2007
Service charge
AED 29,900 /yr
Last sold
AED 3.85M · November 2024
Building
Shoreline - Hamri

About 707, Shoreline - Hamri

707 is a two-bedroom apartment of 1,994 sqft on the 7th floor of Shoreline - Hamri, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 18 November 2024 for AED 3,850,000, or AED 1,931 per sqft.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 20 October 2023, is AED 145,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 29,900 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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, April 2010: AED 1,600,000 (AED 802 per sqft)Sold by developer, April 2010: AED 1,050,000 (AED 526 per sqft)Sold, November 2024: AED 3,850,000 (AED 1,931 per sqft)

707 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 707, 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, October 2013: AED 138,000 a yearNew contract, July 2014: AED 180,000 a yearNew contract, July 2015: AED 180,000 a yearRenewal, July 2017: AED 178,962 a yearRenewal, January 2018: AED 152,000 a yearRenewal, July 2019: AED 150,000 a yearRenewal, October 2019: AED 125,000 a yearNew contract, October 2020: AED 95,000 a yearNew contract, October 2021: AED 109,250 a yearRenewal, October 2022: AED 130,000 a yearRenewal, October 2023: 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 707 sits

All 53 2-beds →

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. 707'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 7th floor

All 108 units in Shoreline - Hamri
Value
7012-bedAED 825K · Apr 2009
7023-bedAED 1.18M · Apr 2014
7033-bedAED 3.9M · Sep 2023
7041-bedAED 1.18M · Feb 2020
7052-bedAED 2.2M · Dec 2022
7062-bedAED 2.92M · Aug 2023
7082-bedAED 1.8M · May 2018
1–7 of 11

707, Shoreline - Hamri in numbers

  • Sold 3 times: first on 19 April 2010 for AED 1,050,000, last on 18 November 2024 for AED 3,850,000 (AED 1,931 per sqft).
  • Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 138,000 to AED 95,000 in 2020 and recovered to AED 145,000 by October 2023.
  • At AED 145,000 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 29,900 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 18 November 2024.

Questions about 707, Shoreline - Hamri

What did unit 707 last sell for?

AED 3,850,000 on 18 November 2024: AED 1,931 per sqft for 1,994 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in April 2010.

What is the rent for unit 707?

AED 145,000 a year on the contract renewed on 20 October 2023. The previous contract, from October 2022, was AED 130,000; the unit has been rented since October 2013.

How big is unit 707?

1,994 sqft (185.2 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 707 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 707, Shoreline - Hamri

Starts from the last sale price (AED 3.85M, 18 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

Plus AED 166,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →