2-bed · 1,551 sqftShoreline - Hatmi, Palm Jumeirah · 2nd floor

205, Shoreline - Hatmi

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 23 September 2022
Last soldAED 3M25 July 2022
Current rentAED 131K /yr23 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Shoreline - Hatmi

What is 205 worth today?

Last sold for AED 3,000,000 in 2022

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23 Sep 2022RentedRenewal
AED 131,250/yr12 months · AED 85 per sqft
25 Jul 2022SoldReady
AED 3,000,000AED 1,934 per sqft
23 Sep 2021RentedNew contract
AED 125,000/yr12 months · AED 81 per sqft
25 Apr 2020RentedRenewal
AED 120,000/yr12 months · AED 77 per sqft
21 Jan 2018RentedRenewal
AED 177,870/yr12 months · AED 115 per sqft
21 Jan 2017RentedRenewal
AED 177,870/yr12 months · AED 115 per sqft
21 Jan 2016RentedRenewal
AED 177,870/yr12 months · AED 115 per sqft
21 Jan 2015RentedRenewal
AED 169,400/yr12 months · AED 109 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 September 2022.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
2nd of 9
Parking
1B2-23
Service charge
AED 22,800 /yr
Last sold
AED 3M · July 2022

About 205, Shoreline - Hatmi

205 is a two-bedroom apartment of 1,551 sqft on the 2nd floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 25 July 2022 for AED 3,000,000, or AED 1,934 per sqft, 53% above the AED 1,261 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 23 September 2022, is AED 131,250 a year: a gross yield of 4.4% on the 2022 price, before the service charge of about AED 22,800 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical two-bed in Shoreline - Hatmi
2M4M20092013201720212025Typical 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, April 2009: AED 870,000 (AED 561 per sqft)Sold, July 2022: AED 3,000,000 (AED 1,934 per sqft)

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

Rents
Unit 205, 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, January 2012: AED 140,000 a yearRenewal, January 2013: AED 140,000 a yearRenewal, January 2014: AED 154,000 a yearRenewal, January 2015: AED 169,400 a yearRenewal, January 2016: AED 177,870 a yearRenewal, January 2017: AED 177,870 a yearRenewal, January 2018: AED 177,870 a yearRenewal, April 2020: AED 120,000 a yearNew contract, September 2021: AED 125,000 a yearRenewal, September 2022: AED 131,250 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 205 sits

All 53 2-beds →

205 last sold in July 2022 at AED 1,934 per sqft, 53% above what two-beds in Shoreline - Hatmi were fetching at the time (AED 1,261). 205's AED 131,250 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
11 Oct 20243,740,000
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
2012-bedAED 3.74M · Oct 2024
2023-bedAED 1.15M · Apr 2009
2033-bedAED 2.5M · Nov 2021
2041-bedAED 1.65M · May 2013
2062-bedAED 2.9M · Mar 2012
2072-bedAED 2.17M · Apr 2019
2082-bedAED 2.6M · Jul 2012
1–7 of 11

205, Shoreline - Hatmi in numbers

  • Sold twice: first on 27 April 2009 for AED 870,000, last on 25 July 2022 for AED 3,000,000 (AED 1,934 per sqft).
  • Rented since January 2012 on 10 Ejari contracts, from AED 140,000 to AED 131,250 a year.
  • At AED 131,250 a year the gross yield on the 2022 price is 4.4%, before a service charge of about AED 22,800 a year (AED 14.68 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 23 September 2022.

Questions about 205, Shoreline - Hatmi

What did unit 205 last sell for?

AED 3,000,000 on 25 July 2022: AED 1,934 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 870,000 in April 2009.

What is the rent for unit 205?

AED 131,250 a year on the contract renewed on 23 September 2022. The previous contract, from September 2021, was AED 125,000; the unit has been rented since January 2012.

How big is unit 205?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower.

What is unit 205 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 205, Shoreline - Hatmi

Starts from the last sale price (AED 3M, 25 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →