3-bed · 2,159 sqftShoreline - Hatmi, Palm Jumeirah · 2nd floor

203, Shoreline - Hatmi

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 10 November 2021
Last soldAED 2.5M10 November 2021
Current rentAED 100K /yr22 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Shoreline - Hatmi

What is 203 worth today?

Last sold for AED 2,500,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Nov 2021SoldReady
AED 2,500,000AED 1,157 per sqft
22 Nov 2017RentedRenewal
AED 100,270/yr12 months · AED 46 per sqft
23 Nov 2015RentedRenewal
AED 100,000/yr12 months · AED 46 per sqft
23 Nov 2014RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
23 Nov 2013RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
24 Nov 2012RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
22 Mar 2009Sold by developerReady
AED 3,600,000AED 1,667 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2021.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
2nd of 9
Parking
1B2-55,1B2-56
Service charge
AED 31,700 /yr
Last sold
AED 2.5M · November 2021

About 203, Shoreline - Hatmi

203 is a three-bedroom apartment of 2,159 sqft on the 2nd floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 10 November 2021 for AED 2,500,000, or AED 1,157 per sqft, 9% above the AED 1,065 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 22 November 2017, is AED 100,270 a year: a gross yield of 4.0% on the 2021 price, before the service charge of about AED 31,700 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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 3,600,000 (AED 1,667 per sqft)Sold, November 2021: AED 2,500,000 (AED 1,157 per sqft)

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

Rents
Unit 203, each contractTypical three-bed in Shoreline - Hatmi
100K200K300K2012201620202024Typical 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, November 2012: AED 100,000 a yearNew contract, November 2013: AED 100,000 a yearNew contract, November 2014: AED 100,000 a yearRenewal, November 2015: AED 100,000 a yearRenewal, November 2017: AED 100,270 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 203 sits

All 36 3-beds →

203 last sold in November 2021 at AED 1,157 per sqft, 9% above what three-beds in Shoreline - Hatmi were fetching at the time (AED 1,065). 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. 203's AED 100,270 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 →

Other units on the 2nd floor

All 107 units in Shoreline - Hatmi
Value
2012-bedAED 3.74M · Oct 2024
2023-bedAED 1.15M · Apr 2009
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

203, Shoreline - Hatmi in numbers

  • Sold twice: first on 22 March 2009 for AED 3,600,000, last on 10 November 2021 for AED 2,500,000 (AED 1,157 per sqft).
  • Rented since November 2012 on 5 Ejari contracts, from AED 100,000 to AED 100,270 a year.
  • At AED 100,270 a year the gross yield on the 2021 price is 4.0%, before a service charge of about AED 31,700 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 10 November 2021.

Questions about 203, Shoreline - Hatmi

What did unit 203 last sell for?

AED 2,500,000 on 10 November 2021: AED 1,157 per sqft for 2,159 sqft. The unit has 2 registered sales; the first was AED 3,600,000 in March 2009.

What is the rent for unit 203?

AED 100,270 a year on the contract renewed on 22 November 2017. The previous contract, from November 2015, was AED 100,000; the unit has been rented since November 2012.

How big is unit 203?

2,159 sqft (200.6 sqm): a three-bedroom apartment on the 2nd floor of a 9-storey tower.

What is unit 203 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.

Selling 203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 203, Shoreline - Hatmi

Starts from the last sale price (AED 2.5M, 10 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →