508, Shoreline - Hatmi
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Shoreline - Hatmi
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 5th of 9
- Parking
- 1B2-48
- Service charge
- AED 22,800 /yr
- Last sold
- AED 870K · May 2009
- Building
- Shoreline - Hatmi
About 508, Shoreline - Hatmi
508 is a two-bedroom apartment of 1,551 sqft on the 5th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. The developer sold it on 17 May 2009 for AED 870,000, or AED 561 per sqft, in line with the AED 569 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 195,500 a year: a gross yield of 22.5% on the 2009 price, before the service charge of about AED 22,800 a year.
Sales and rents for 508 over time
508 has sold once; the dashed line is the two-bed median of each year in the building.
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 508 sits
All 53 2-beds →508 last sold in May 2009 at AED 561 per sqft, in line with what two-beds in Shoreline - Hatmi were fetching at the time (AED 569). 508's AED 195,500 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 May 20255 May 2025 | 1,586 sqft | 3,940,000 | 2,484 | ||
| 24 Apr 202524 April 2025 | 1,551 sqft | 4,700,000 | 3,030 | ||
| 11 Nov 202411 November 2024 | 1,994 sqft | 6,450,000 | 3,235 | ||
| 11 Oct 202411 October 2024 | 1,586 sqft | 3,740,000 | 2,358 |
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 5th floor
All 107 units in Shoreline - Hatmi| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,583 sqft | AED 1.5MAED 1,500,000 · Nov 2015November 2015 | 168,000 /yr | |
| 502 | 3-bed | 2,213 sqft | AED 1.15MAED 1,150,000 · May 2012May 2012 | 165,000 /yr | |
| 503 | 3-bed | 2,159 sqft | AED 3.55MAED 3,550,000 · Mar 2009March 2009 | 245,000 /yr | |
| 504 | 1-bed | 572 sqft | AED 2.1MAED 2,100,000 · Dec 2013December 2013 | 160,000 /yr | |
| 505 | 2-bed | 1,551 sqft | AED 4.75MAED 4,750,000 · May 2024May 2024 | 200,000 /yr | |
| 506 | 2-bed | 2,012 sqft | AED 2.75MAED 2,750,000 · Mar 2021March 2021 | 220,000 /yr | |
| 507 | 2-bed | 2,012 sqft | AED 2.8MAED 2,800,000 · Dec 2009December 2009 | 330,000 /yr | |
| 509 | 1-bed | 1,145 sqft | AED 1.9MAED 1,900,000 · Mar 2018March 2018 | 175,000 /yr | |
| 510 | 3-bed | 2,159 sqft | AED 2.5MAED 2,500,000 · Jul 2013July 2013 | 210,000 /yr | |
| 511 | 3-bed | 2,213 sqft | AED 1.15MAED 1,150,000 · May 2009May 2009 | 265,000 /yr | |
| 512 | 2-bed | 1,583 sqft | AED 1.46MAED 1,455,000 · Dec 2019December 2019 | 102,000 /yr |
508, Shoreline - Hatmi in numbers
- Sold once: by the developer on 17 May 2009 for AED 870,000, or AED 561 per sqft.
- Rented since October 2012 on 13 Ejari contracts. The rent fell from AED 165,000 to AED 125,000 in 2020 and recovered to AED 195,500 by August 2025.
- At AED 195,500 a year the gross yield on the 2009 price is 22.5%, before a service charge of about AED 22,800 a year (AED 14.68 per sqft).
Source: Dubai Land Department. Updated 1 August 2025.
Questions about 508, Shoreline - Hatmi
What did unit 508 last sell for?
AED 870,000 on 17 May 2009, sold by the developer: AED 561 per sqft for 1,551 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 195,500 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 187,531; the unit has been rented since October 2012.
How big is unit 508?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.
What is unit 508 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 508, Shoreline - Hatmi
Starts from the last sale price (AED 870K, 17 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus AED 41,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →