701, Shoreline - Hatmi
Sold prices and rental history: sold twice, last in April 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Shoreline - Hatmi
What is 701 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,583 sqft
- Floor
- 7th of 9
- Parking
- 1B1-14
- Service charge
- AED 23,200 /yr
- Last sold
- AED 1.85M · April 2012
- Building
- Shoreline - Hatmi
About 701, Shoreline - Hatmi
701 is a two-bedroom apartment of 1,583 sqft on the 7th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 25 April 2012 for AED 1,845,000, or AED 1,165 per sqft, 11% below the AED 1,309 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 160,000 a year: a gross yield of 8.7% on the 2012 price, before the service charge of about AED 23,200 a year.
Sales and rents for 701 over time
701 has sold twice; 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 701 sits
All 53 2-beds →701 last sold in April 2012 at AED 1,165 per sqft, 11% below what two-beds in Shoreline - Hatmi were fetching at the time (AED 1,309). 701's AED 160,000 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 7th floor
All 107 units in Shoreline - Hatmi| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 2,182 sqft | AED 3.17MAED 3,173,000 · Jan 2023January 2023 | 375,000 /yr | |
| 703 | 3-bed | 2,159 sqft | AED 3.06MAED 3,055,000 · Feb 2022February 2022 | 233,702 /yr | |
| 704 | 1-bed | 1,145 sqft | AED 3.85MAED 3,850,000 · Jan 2026January 2026 | 180,000 /yr | |
| 705 | 2-bed | 1,551 sqft | AED 895KAED 895,000 · Apr 2009April 2009 | 80,000 /yr | |
| 706 | 2-bed | 1,994 sqft | AED 1.15MAED 1,150,000 · Mar 2009March 2009 | 174,000 /yr | |
| 707 | 2-bed | 1,994 sqft | AED 3.4MAED 3,400,000 · Mar 2013March 2013 | 160,000 /yr | |
| 708 | 2-bed | 1,551 sqft | AED 1.9MAED 1,900,000 · Nov 2018November 2018 | ||
| 709 | 1-bed | 572 sqft | AED 685KAED 685,000 · May 2009May 2009 | ||
| 710 | 3-bed | 2,159 sqft | AED 1.28MAED 1,275,000 · Apr 2009April 2009 | 275,000 /yr | |
| 711 | 3-bed | 2,182 sqft | AED 2.89MAED 2,890,000 · Jun 2016June 2016 | ||
| 712 | 2-bed | 1,583 sqft | AED 4MAED 4,000,000 · Aug 2024August 2024 | 96,000 /yr |
701, Shoreline - Hatmi in numbers
- Sold twice: first on 22 March 2009 for AED 2,970,000, last on 25 April 2012 for AED 1,845,000 (AED 1,165 per sqft).
- Rented since January 2017 on 7 Ejari contracts. The rent fell from AED 160,000 to AED 90,000 in 2021 and recovered to AED 160,000 by March 2024.
- At AED 160,000 a year the gross yield on the 2012 price is 8.7%, 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 March 2024.
Questions about 701, Shoreline - Hatmi
What did unit 701 last sell for?
AED 1,845,000 on 25 April 2012: AED 1,165 per sqft for 1,583 sqft. The unit has 2 registered sales; the first was AED 2,970,000 in March 2009.
What is the rent for unit 701?
AED 160,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 119,025; the unit has been rented since January 2017.
How big is unit 701?
1,583 sqft (147.1 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower.
What is unit 701 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 701, Shoreline - Hatmi
Starts from the last sale price (AED 1.85M, 25 April 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,845,000
- Deposit, UAE resident (20%)
- AED 369,000
- Deposit, non-resident (40%)
- AED 738,000
- Monthly over 25 years at 3.7%
- AED 7,548
Plus AED 82,500 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →