2-bed · 1,583 sqftShoreline - Hatmi, Palm Jumeirah · 5th floor

512, Shoreline - Hatmi

Sold prices and rental history: sold 4 times, last in December 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 1.46M23 December 2019
Current rentAED 102K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Shoreline - Hatmi

What is 512 worth today?

Last sold for AED 1,455,000 in 2019

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1 Feb 2025RentedNew contract
AED 102,000/yr12 months · AED 64 per sqft
21 Jan 2025RentedNew contract
AED 100,381/yr12 months · AED 63 per sqft
23 Dec 2019SoldReady
AED 1,455,000AED 919 per sqft
8 Feb 2018SoldReady
AED 1,710,000AED 1,080 per sqft
15 Sep 2017RentedRenewal
AED 132,000/yr12 months · AED 83 per sqft
15 Sep 2016RentedNew contract
AED 145,000/yr12 months · AED 92 per sqft
4 Aug 2016SoldReady
AED 1,325,000AED 837 per sqft
24 Dec 2015RentedNew contract
AED 99,465/yr12 months · AED 63 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2025.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
5th of 9
Parking
1B2-115
Service charge
AED 23,200 /yr
Last sold
AED 1.46M · December 2019

About 512, Shoreline - Hatmi

512 is a two-bedroom apartment of 1,583 sqft on the 5th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 23 December 2019 for AED 1,455,000, or AED 919 per sqft, 34% below the AED 1,386 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 February 2025, is AED 102,000 a year: a gross yield of 7.0% on the 2019 price, before the service charge of about AED 23,200 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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 2015: AED 1,325,000 (AED 837 per sqft)Sold, August 2016: AED 1,325,000 (AED 837 per sqft)Sold, February 2018: AED 1,710,000 (AED 1,080 per sqft)Sold, December 2019: AED 1,455,000 (AED 919 per sqft)

512 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 512, 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, July 2013: AED 100,000 a yearNew contract, March 2014: AED 190,000 a yearNew contract, November 2014: AED 100,000 a yearNew contract, December 2014: AED 96,154 a yearNew contract, March 2015: AED 100,000 a yearNew contract, December 2015: AED 99,465 a yearNew contract, September 2016: AED 145,000 a yearRenewal, September 2017: AED 132,000 a yearNew contract, January 2025: AED 100,381 a yearNew contract, February 2025: AED 102,000 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 512 sits

All 53 2-beds →

512 last sold in December 2019 at AED 919 per sqft, 34% below what two-beds in Shoreline - Hatmi were fetching at the time (AED 1,386). 512's AED 102,000 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 5th floor

All 107 units in Shoreline - Hatmi
Value
5012-bedAED 1.5M · Nov 2015
5023-bedAED 1.15M · May 2012
5033-bedAED 3.55M · Mar 2009
5041-bedAED 2.1M · Dec 2013
5052-bedAED 4.75M · May 2024
5062-bedAED 2.75M · Mar 2021
5072-bedAED 2.8M · Dec 2009
1–7 of 11

512, Shoreline - Hatmi in numbers

  • Sold 4 times: first on 16 April 2015 for AED 1,325,000, last on 23 December 2019 for AED 1,455,000 (AED 919 per sqft).
  • Rented since July 2013 on 10 Ejari contracts, from AED 100,000 to AED 102,000 a year.
  • At AED 102,000 a year the gross yield on the 2019 price is 7.0%, before a service charge of about AED 23,200 a year (AED 14.68 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2025.

Questions about 512, Shoreline - Hatmi

What did unit 512 last sell for?

AED 1,455,000 on 23 December 2019: AED 919 per sqft for 1,583 sqft. The unit has 4 registered sales; the first was AED 1,325,000 in April 2015.

What is the rent for unit 512?

AED 102,000 a year on the contract signed on 1 February 2025. The previous contract, from January 2025, was AED 100,381; the unit has been rented since July 2013.

How big is unit 512?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.

What is unit 512 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 512, Shoreline - Hatmi

Starts from the last sale price (AED 1.46M, 23 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,455,000
Deposit, UAE resident (20%)
AED 291,000
Deposit, non-resident (40%)
AED 582,000
Monthly over 25 years at 3.7%
AED 5,953

Plus AED 66,120 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →