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3-bed · 2,182 sqftShoreline - Hatmi, Palm Jumeirah

1011, Shoreline - Hatmi

Sold prices and rental history: sold 4 times, last in January 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 12 January 2021
Last soldAED 1.96M12 January 2021
Current rentAED 145K /yr3 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Shoreline - Hatmi

What is 1011 worth today?

Last sold for AED 1,960,000 in 2021

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12 Jan 2021SoldReady
AED 1,960,000AED 898 per sqft
3 May 2020RentedRenewal
AED 145,000/yr6 months · AED 66 per sqft
3 May 2019RentedRenewal
AED 152,000/yr12 months · AED 70 per sqft
3 May 2018RentedRenewal
AED 164,000/yr12 months · AED 75 per sqft
3 May 2015RentedNew contract
AED 200,000/yr12 months · AED 92 per sqft
12 May 2014RentedRenewal
AED 201,026/yr12 months · AED 92 per sqft
30 May 2013SoldReady
AED 1,450,000AED 664 per sqft
12 May 2013RentedNew contract
AED 178,000/yr12 months · AED 81 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 January 2021.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Parking
1B1-12,1B1-13
Service charge
AED 32,000 /yr
Last sold
AED 1.96M · January 2021
Building
Shoreline - Hatmi

About 1011, Shoreline - Hatmi

1011 is a three-bedroom apartment of 2,182 sqft of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 12 January 2021 for AED 1,960,000, or AED 898 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 3 May 2020, is AED 145,000 a year: a gross yield of 7.4% on the 2021 price, before the service charge of about AED 32,000 a year.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical three-bed in Shoreline - Hatmi
2M4M2009201320172021Typical sale price by year: 2009 AED 1,262,500; 2010 AED 2,200,000; 2011 AED 2,150,000; 2012 AED 2,400,000; 2013 AED 1,650,000; 2016 AED 2,890,000; 2021 AED 2,300,000; 2022 AED 3,215,000; 2023 AED 3,900,000Sold by developer, March 2009: AED 1,175,000 (AED 538 per sqft)Sold, May 2010: AED 2,200,000 (AED 1,008 per sqft)Sold, May 2013: AED 1,450,000 (AED 664 per sqft)Sold, January 2021: AED 1,960,000 (AED 898 per sqft)

1011 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1011, each contractTypical three-bed in Shoreline - Hatmi
200K300K2012201620202024Typical rent by year: 2012 AED 195,000; 2013 AED 185,000; 2014 AED 205,275; 2015 AED 205,330; 2016 AED 197,500; 2017 AED 195,000; 2018 AED 164,500; 2019 AED 155,000; 2020 AED 140,000; 2021 AED 148,500; 2022 AED 167,500; 2023 AED 230,000; 2024 AED 255,000; 2025 AED 280,000; 2026 AED 300,000New contract, May 2013: AED 178,000 a yearRenewal, May 2014: AED 201,026 a yearNew contract, May 2015: AED 200,000 a yearRenewal, May 2018: AED 164,000 a yearRenewal, May 2019: AED 152,000 a yearRenewal, May 2020: AED 145,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shoreline - Hatmi, and where 1011 sits

All 36 3-beds →

Over the last 12 months three-beds sold for AED 5,900,000, around AED 2,666 per sqft, and rent for AED 259,000 to 375,000 a year. 1011's AED 145,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Jan 20265,900,000
20 Mar 20256,500,000
30 Dec 20245,350,000
15 May 20234,000,000
1 3-bed sale in the last 12 months

Shoreline - Hatmi

Building

107 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah. 2 sold in the last 12 months.

Typical price per sqft
AED 3,015
Typical sale
AED 4.88M
Typical rent
AED 300K /yr
Typical yield
4.5%
Shoreline - Hatmi, Palm Jumeirah: prices, sales and rents →

1011, Shoreline - Hatmi in numbers

  • Sold 4 times: first on 22 March 2009 for AED 1,175,000, last on 12 January 2021 for AED 1,960,000 (AED 898 per sqft).
  • Rented since May 2013 on 6 Ejari contracts, from AED 178,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2021 price is 7.4%, before a service charge of about AED 32,000 a year (AED 14.68 per sqft).
  • Three-beds in Shoreline - Hatmi sold for AED 5,900,000–5,900,000 in the 12 months to November 2026; the building's median across all types is AED 3,015 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 January 2021.

Questions about 1011, Shoreline - Hatmi

What did unit 1011 last sell for?

AED 1,960,000 on 12 January 2021: AED 898 per sqft for 2,182 sqft. The unit has 4 registered sales; the first was AED 1,175,000 in March 2009.

What is the rent for unit 1011?

AED 145,000 a year on the contract renewed on 3 May 2020. The previous contract, from May 2019, was AED 152,000; the unit has been rented since May 2013.

How big is unit 1011?

2,182 sqft (202.7 sqm): a three-bedroom apartment of a 9-storey tower.

What is unit 1011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Hatmi sold for AED 5,900,000 to 5,900,000 in the last 12 months, around AED 2,666 per sqft.

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Mortgage on 1011, Shoreline - Hatmi

Starts from the last sale price (AED 1.96M, 12 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,960,000
Deposit, UAE resident (20%)
AED 392,000
Deposit, non-resident (40%)
AED 784,000
Monthly over 25 years at 3.7%
AED 8,019

Plus AED 87,330 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →