511, Shoreline - Hatmi
Sold prices and rental history: sold once, by the developer in May 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 511, Shoreline - Hatmi
What is 511 worth today?
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Source: Dubai Land Department. Updated 5 December 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,213 sqft
- Floor
- 5th of 9
- Parking
- 1B2-57,1B2-58
- Service charge
- AED 32,500 /yr
- Last sold
- AED 1.15M · May 2009
- Building
- Shoreline - Hatmi
About 511, Shoreline - Hatmi
511 is a three-bedroom apartment of 2,213 sqft on the 5th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. The developer sold it on 12 May 2009 for AED 1,150,000, or AED 519 per sqft, 10% below the AED 578 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 5 December 2024, is AED 265,000 a year: a gross yield of 23.0% on the 2009 price, before the service charge of about AED 32,500 a year.
Sales and rents for 511 over time
511 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 511 sits
All 36 3-beds →511 last sold in May 2009 at AED 519 per sqft, 10% below what three-beds in Shoreline - Hatmi were fetching at the time (AED 578). 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. 511's AED 265,000 is in the lower half 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 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 | |
| 508 | 2-bed | 1,551 sqft | AED 870KAED 870,000 · May 2009May 2009 | 195,500 /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 | |
| 512 | 2-bed | 1,583 sqft | AED 1.46MAED 1,455,000 · Dec 2019December 2019 | 102,000 /yr |
511, Shoreline - Hatmi in numbers
- Sold once: by the developer on 12 May 2009 for AED 1,150,000, or AED 519 per sqft.
- Rented since May 2013 on 12 Ejari contracts. The rent fell from AED 210,000 to AED 115,000 in 2020 and recovered to AED 265,000 by December 2024.
- At AED 265,000 a year the gross yield on the 2009 price is 23.0%, 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: Dubai Land Department. Updated 5 December 2024.
Questions about 511, Shoreline - Hatmi
What did unit 511 last sell for?
AED 1,150,000 on 12 May 2009, sold by the developer: AED 519 per sqft for 2,213 sqft. It is the only registered sale of the unit.
What is the rent for unit 511?
AED 265,000 a year on the contract signed on 5 December 2024. The previous contract, from October 2023, was AED 210,000; the unit has been rented since May 2013.
How big is unit 511?
2,213 sqft (205.6 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower.
What is unit 511 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 511, Shoreline - Hatmi
Starts from the last sale price (AED 1.15M, 12 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →