402, Shoreline - Hatmi
Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Shoreline - Hatmi
What is 402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 December 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,213 sqft
- Floor
- 4th of 9
- Parking
- 1B2-76,1B2-77
- Service charge
- AED 32,500 /yr
- Last sold
- AED 2.6M · April 2009
- Building
- Shoreline - Hatmi
About 402, Shoreline - Hatmi
402 is a three-bedroom apartment of 2,213 sqft on the 4th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. The developer sold it on 26 April 2009 for AED 2,600,000, or AED 1,175 per sqft, 99% above the AED 590 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 26 December 2022, is AED 145,000 a year: a gross yield of 5.6% on the 2009 price, before the service charge of about AED 32,500 a year.
Sales and rents for 402 over time
402 has sold once; the dashed line is the three-bed median of each year in the building.
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 402 sits
All 36 3-beds →402 last sold in April 2009 at AED 1,175 per sqft, 99% above what three-beds in Shoreline - Hatmi were fetching at the time (AED 590). 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. 402's AED 145,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 2,213 sqft | 5,900,000 | 2,666 | ||
| 20 Mar 202520 March 2025 | 2,144 sqft | 6,500,000 | 3,032 | ||
| 30 Dec 202430 December 2024 | 2,144 sqft | 5,350,000 | 2,495 | ||
| 15 May 202315 May 2023 | 2,223 sqft | 4,000,000 | 1,799 |
Shoreline - Hatmi
Building107 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%
Other units on the 4th floor
All 107 units in Shoreline - Hatmi| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,586 sqft | AED 1.9MAED 1,900,000 · Mar 2022March 2022 | 197,400 /yr | |
| 403 | 3-bed | 2,159 sqft | AED 2.6MAED 2,600,000 · Dec 2010December 2010 | 259,000 /yr | |
| 404 | 1-bed | 1,145 sqft | AED 1.28MAED 1,280,000 · Nov 2020November 2020 | 150,000 /yr | |
| 405 | 2-bed | 1,551 sqft | AED 4.67MAED 4,670,000 · Feb 2024February 2024 | 240,000 /yr | |
| 406 | 2-bed | 1,997 sqft | AED 3.7MAED 3,700,000 · Apr 2019April 2019 | 237,000 /yr | |
| 407 | 2-bed | 1,997 sqft | AED 3.25MAED 3,250,000 · Apr 2018April 2018 | 190,000 /yr | |
| 408 | 2-bed | 1,551 sqft | AED 4.5MAED 4,500,000 · Aug 2023August 2023 | 410,000 /yr | |
| 409 | 1-bed | 1,145 sqft | AED 660KAED 660,000 · May 2009May 2009 | ||
| 410 | 3-bed | 2,159 sqft | AED 2.9MAED 2,900,000 · May 2021May 2021 | 330,000 /yr | |
| 411 | 3-bed | 2,213 sqft | AED 5.9MAED 5,900,000 · Jan 2026January 2026 | 176,070 /yr | |
| 412 | 2-bed | 1,586 sqft | AED 1.83MAED 1,825,000 · Dec 2021December 2021 | 160,478 /yr |
402, Shoreline - Hatmi in numbers
- Sold once: by the developer on 26 April 2009 for AED 2,600,000, or AED 1,175 per sqft.
- Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 170,000 to AED 120,000 in 2020 and recovered to AED 145,000 by December 2022.
- At AED 145,000 a year the gross yield on the 2009 price is 5.6%, before a service charge of about AED 32,500 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 26 December 2022.
Questions about 402, Shoreline - Hatmi
What did unit 402 last sell for?
AED 2,600,000 on 26 April 2009, sold by the developer: AED 1,175 per sqft for 2,213 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 145,000 a year on the contract renewed on 26 December 2022. The previous contract, from December 2021, was AED 126,000; the unit has been rented since November 2013.
How big is unit 402?
2,213 sqft (205.6 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower.
What is unit 402 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 402, Shoreline - Hatmi
Starts from the last sale price (AED 2.6M, 26 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →