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

310, Shoreline - Hatmi

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 310 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 3.9M24 April 2023
Current rentAED 300K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 310, Shoreline - Hatmi

What is 310 worth today?

Last sold for AED 3,900,000 in 2023

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15 Jun 2024RentedNew contract
AED 300,000/yr12 months · AED 139 per sqft
5 Jun 2023RentedNew contract
AED 169,167/yr9 months · AED 78 per sqft
24 Apr 2023SoldReady
AED 3,900,000AED 1,806 per sqft
5 Jun 2022RentedRenewal
AED 161,000/yr12 months · AED 74 per sqft
5 Jun 2021RentedRenewal
AED 147,000/yr12 months · AED 68 per sqft
5 Jun 2020RentedNew contract
AED 140,000/yr12 months · AED 65 per sqft
1 Aug 2019RentedRenewal
AED 100,000/yr12 months · AED 46 per sqft
1 Aug 2018RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 June 2024.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
3rd of 9
Parking
1B2-6,1B2-7
Service charge
AED 31,700 /yr
Last sold
AED 3.9M · April 2023

About 310, Shoreline - Hatmi

310 is a three-bedroom apartment of 2,159 sqft on the 3rd floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 24 April 2023 for AED 3,900,000, or AED 1,806 per sqft, 11% above the AED 1,633 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 15 June 2024, is AED 300,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 31,700 a year.

Sales and rents for 310 over time

Sales
Unit 310, 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 3,800,000 (AED 1,760 per sqft)Sold, April 2023: AED 3,900,000 (AED 1,806 per sqft)

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

Rents
Unit 310, 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, February 2016: AED 200,000 a yearRenewal, February 2017: AED 200,000 a yearNew contract, August 2017: AED 195,000 a yearNew contract, August 2018: AED 100,000 a yearRenewal, August 2019: AED 100,000 a yearNew contract, June 2020: AED 140,000 a yearRenewal, June 2021: AED 147,000 a yearRenewal, June 2022: AED 161,000 a yearNew contract, June 2023: AED 169,167 a yearNew contract, June 2024: AED 300,000 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 310 sits

All 36 3-beds →

310 last sold in April 2023 at AED 1,806 per sqft, 11% above what three-beds in Shoreline - Hatmi were fetching at the time (AED 1,633). 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. 310's AED 300,000 is in the lower half 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 3rd floor

All 107 units in Shoreline - Hatmi
Value
3012-bedAED 2.1M · Jul 2022
3023-bedAED 1.15M · May 2012
3033-bedAED 1.25M · Apr 2009
3041-bedAED 2.45M · May 2022
3052-bedAED 2.2M · Dec 2020
3062-bedAED 1.05M · Mar 2009
3072-bedAED 4.85M · Sep 2022
1–7 of 11

310, Shoreline - Hatmi in numbers

  • Sold twice: first on 22 March 2009 for AED 3,800,000, last on 24 April 2023 for AED 3,900,000 (AED 1,806 per sqft).
  • Rented since February 2016 on 10 Ejari contracts. The rent fell from AED 200,000 to AED 100,000 in 2019 and recovered to AED 300,000 by June 2024.
  • At AED 300,000 a year the gross yield on the 2023 price is 7.7%, 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 15 June 2024.

Questions about 310, Shoreline - Hatmi

What did unit 310 last sell for?

AED 3,900,000 on 24 April 2023: AED 1,806 per sqft for 2,159 sqft. The unit has 2 registered sales; the first was AED 3,800,000 in March 2009.

What is the rent for unit 310?

AED 300,000 a year on the contract signed on 15 June 2024. The previous contract, from June 2023, was AED 169,167; the unit has been rented since February 2016.

How big is unit 310?

2,159 sqft (200.6 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 310 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 310, Shoreline - Hatmi

Starts from the last sale price (AED 3.9M, 24 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

Plus AED 168,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →