2-bed · 1,586 sqftShoreline - Hatmi, Palm Jumeirah · 2nd floor

201, Shoreline - Hatmi

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

Unit 201 · DLD and Ejari recordsUpdated 11 October 2024
Last soldAED 3.74M11 October 2024
Current rentAED 130K /yr3 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Shoreline - Hatmi

What is 201 worth today?

Last sold for AED 3,740,000 in 2024

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11 Oct 2024SoldReady
AED 3,740,000AED 2,358 per sqft
3 Mar 2023RentedRenewal
AED 130,000/yr12 months · AED 82 per sqft
3 Mar 2022RentedNew contract
AED 130,000/yr12 months · AED 82 per sqft
3 Mar 2021RentedRenewal
AED 120,000/yr12 months · AED 76 per sqft
3 Mar 2019RentedNew contract
AED 133,000/yr12 months · AED 84 per sqft
10 Mar 2017RentedRenewal
AED 140,000/yr12 months · AED 88 per sqft
11 Jan 2016RentedNew contract
AED 130,000/yr12 months · AED 82 per sqft
1 Nov 2015RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 11 October 2024.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
2nd of 9
Parking
1B2-27
Service charge
AED 23,300 /yr
Last sold
AED 3.74M · October 2024

About 201, Shoreline - Hatmi

201 is a two-bedroom apartment of 1,586 sqft on the 2nd floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 11 October 2024 for AED 3,740,000, or AED 2,358 per sqft, 7% below the AED 2,527 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 3 March 2023, is AED 130,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 23,300 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical two-bed in Shoreline - Hatmi
2M4M2009201420192024Typical sale price by year: 2009 AED 1,050,000; 2010 AED 1,050,000; 2011 AED 2,525,000; 2012 AED 2,147,500; 2013 AED 2,450,000; 2014 AED 2,350,000; 2015 AED 1,600,000; 2016 AED 2,450,000; 2017 AED 3,400,000; 2018 AED 2,200,000; 2019 AED 2,170,000; 2022 AED 2,152,000; 2024 AED 4,335,000Sold by developer, March 2009: AED 800,000 (AED 504 per sqft)Sold, October 2024: AED 3,740,000 (AED 2,358 per sqft)

201 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 201, each contractTypical two-bed in Shoreline - Hatmi
100K200K2012201620202024Typical rent by year: 2012 AED 165,000; 2013 AED 169,000; 2014 AED 176,000; 2015 AED 189,000; 2016 AED 175,000; 2017 AED 175,000; 2018 AED 165,000; 2019 AED 160,000; 2020 AED 125,000; 2021 AED 130,000; 2022 AED 145,000; 2023 AED 175,000; 2024 AED 235,000; 2025 AED 200,000New contract, March 2013: AED 130,000 a yearRenewal, March 2014: AED 130,000 a yearNew contract, October 2014: AED 130,000 a yearNew contract, August 2015: AED 130,000 a yearNew contract, November 2015: AED 140,000 a yearNew contract, January 2016: AED 130,000 a yearRenewal, March 2017: AED 140,000 a yearNew contract, March 2019: AED 133,000 a yearRenewal, March 2021: AED 120,000 a yearNew contract, March 2022: AED 130,000 a yearRenewal, March 2023: AED 130,000 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 - Hatmi, and where 201 sits

All 53 2-beds →

201 last sold in October 2024 at AED 2,358 per sqft, 7% below what two-beds in Shoreline - Hatmi were fetching at the time (AED 2,527). 201's AED 130,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 May 20253,940,000
24 Apr 20254,700,000
11 Nov 20246,450,000
26 Aug 20245,700,000
0 2-bed sales 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 →

Other units on the 2nd floor

All 107 units in Shoreline - Hatmi
Value
2023-bedAED 1.15M · Apr 2009
2033-bedAED 2.5M · Nov 2021
2041-bedAED 1.65M · May 2013
2052-bedAED 3M · Jul 2022
2062-bedAED 2.9M · Mar 2012
2072-bedAED 2.17M · Apr 2019
2082-bedAED 2.6M · Jul 2012
1–7 of 11

201, Shoreline - Hatmi in numbers

  • Sold twice: first on 22 March 2009 for AED 800,000, last on 11 October 2024 for AED 3,740,000 (AED 2,358 per sqft).
  • Rented since March 2013 on 11 Ejari contracts, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 23,300 a year (AED 14.68 per sqft).

Source: Dubai Land Department. Updated 11 October 2024.

Questions about 201, Shoreline - Hatmi

What did unit 201 last sell for?

AED 3,740,000 on 11 October 2024: AED 2,358 per sqft for 1,586 sqft. The unit has 2 registered sales; the first was AED 800,000 in March 2009.

What is the rent for unit 201?

AED 130,000 a year on the contract renewed on 3 March 2023. The previous contract, from March 2022, was AED 130,000; the unit has been rented since March 2013.

How big is unit 201?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower.

What is unit 201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 201, Shoreline - Hatmi

Starts from the last sale price (AED 3.74M, 11 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,740,000
Deposit, UAE resident (20%)
AED 748,000
Deposit, non-resident (40%)
AED 1,496,000
Monthly over 25 years at 3.7%
AED 15,301

Plus AED 162,090 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →