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

212, Shoreline - Hatmi

Sold prices and rental history: sold 3 times, last in December 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 15 December 2022
Last soldAED 2.3M15 December 2022
Current rentAED 148K /yr14 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Shoreline - Hatmi

What is 212 worth today?

Last sold for AED 2,300,000 in 2022

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15 Dec 2022SoldReady
AED 2,300,000AED 1,450 per sqft
14 Sep 2022RentedRenewal
AED 148,000/yr12 months · AED 94 per sqft
14 Sep 2021RentedNew contract
AED 135,000/yr12 months · AED 85 per sqft
20 Jun 2019RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
19 Nov 2013SoldReady
AED 2,450,000AED 1,544 per sqft
27 Apr 2009Sold by developerReady
AED 800,000AED 504 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2022.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
2nd of 9
Parking
1B2-78
Service charge
AED 23,300 /yr
Last sold
AED 2.3M · December 2022
Building
Shoreline - Hatmi

About 212, Shoreline - Hatmi

212 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 15 December 2022 for AED 2,300,000, or AED 1,450 per sqft, 7% above the AED 1,359 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 14 September 2022, is AED 148,000 a year: a gross yield of 6.4% on the 2022 price, before the service charge of about AED 23,300 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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 800,000 (AED 504 per sqft)Sold, November 2013: AED 2,450,000 (AED 1,544 per sqft)Sold, December 2022: AED 2,300,000 (AED 1,450 per sqft)

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

Rents
Unit 212, 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, June 2019: AED 120,000 a yearNew contract, September 2021: AED 135,000 a yearRenewal, September 2022: AED 148,000 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 212 sits

All 53 2-beds →

212 last sold in December 2022 at AED 1,450 per sqft, 7% above what two-beds in Shoreline - Hatmi were fetching at the time (AED 1,359). 212's AED 148,000 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
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
2052-bedAED 3M · Jul 2022
2062-bedAED 2.9M · Mar 2012
2072-bedAED 2.17M · Apr 2019
1–7 of 11

212, Shoreline - Hatmi in numbers

  • Sold 3 times: first on 27 April 2009 for AED 800,000, last on 15 December 2022 for AED 2,300,000 (AED 1,450 per sqft).
  • Rented since June 2019 on 3 Ejari contracts, from AED 120,000 to AED 148,000 a year.
  • At AED 148,000 a year the gross yield on the 2022 price is 6.4%, before a service charge of about AED 23,300 a year (AED 14.68 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2022.

Questions about 212, Shoreline - Hatmi

What did unit 212 last sell for?

AED 2,300,000 on 15 December 2022: AED 1,450 per sqft for 1,586 sqft. The unit has 3 registered sales; the first was AED 800,000 in April 2009.

What is the rent for unit 212?

AED 148,000 a year on the contract renewed on 14 September 2022. The previous contract, from September 2021, was AED 135,000; the unit has been rented since June 2019.

How big is unit 212?

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

What is unit 212 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 212, Shoreline - Hatmi

Starts from the last sale price (AED 2.3M, 15 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →