2-bed · 692 sqftShoreline - Hatmi, Palm Jumeirah · 8th floor

801, Shoreline - Hatmi

Sold prices and rental history: sold twice, last in August 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 24 September 2022
Last soldAED 850K12 August 2012
Current rentAED 109K /yr24 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, Shoreline - Hatmi

What is 801 worth today?

Last sold for AED 850,000 in 2012

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24 Sep 2022RentedRenewal
AED 108,675/yr12 months · AED 69 per sqft
24 Sep 2021RentedRenewal
AED 94,500/yr12 months · AED 60 per sqft
1 Aug 2019RentedRenewal
AED 135,000/yr12 months · AED 85 per sqft
1 Aug 2018RentedRenewal
AED 135,000/yr12 months · AED 85 per sqft
1 Aug 2017RentedNew contract
AED 135,000/yr12 months · AED 85 per sqft
3 Jun 2015RentedNew contract
AED 160,000/yr12 months · AED 101 per sqft
10 Jun 2014RentedRenewal
AED 140,000/yr12 months · AED 88 per sqft
10 Jun 2013RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 September 2022.

Key facts

Type
2-bed apartment
Size
692 sqft
Floor
8th of 9
Parking
1B2-124
Service charge
AED 10,200 /yr
Last sold
AED 850K · August 2012

About 801, Shoreline - Hatmi

801 is a two-bedroom apartment of 692 sqft on the 8th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 12 August 2012 for AED 850,000, or AED 1,227 per sqft, 8% below the AED 1,340 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 24 September 2022, is AED 108,675 a year: a gross yield of 12.8% on the 2012 price, before the service charge of about AED 10,200 a year.

Sales and rents for 801 over time

Sales
Unit 801, 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 2009: AED 825,000 (AED 521 per sqft)Sold, August 2012: AED 850,000 (AED 1,227 per sqft)

801 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 801, 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, April 2012: AED 125,000 a yearNew contract, June 2013: AED 140,000 a yearRenewal, June 2014: AED 140,000 a yearNew contract, June 2015: AED 160,000 a yearNew contract, August 2017: AED 135,000 a yearRenewal, August 2018: AED 135,000 a yearRenewal, August 2019: AED 135,000 a yearRenewal, September 2021: AED 94,500 a yearRenewal, September 2022: AED 108,675 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 801 sits

All 53 2-beds →

801 last sold in August 2012 at AED 1,227 per sqft, 8% below what two-beds in Shoreline - Hatmi were fetching at the time (AED 1,340). 801's AED 108,675 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 8th floor

All 107 units in Shoreline - Hatmi
Value
802AED 2.25M · Jun 2021
8033-bedAED 1.28M · Apr 2009
8041-bedAED 1M · May 2012
8052-bedAED 2.75M · Jul 2018
8062-bedAED 1.15M · Apr 2009
8072-bedAED 5.7M · Aug 2024
8082-bedAED 2.35M · Apr 2019
1–7 of 11

801, Shoreline - Hatmi in numbers

  • Sold twice: first on 28 April 2009 for AED 825,000, last on 12 August 2012 for AED 850,000 (AED 1,227 per sqft).
  • Rented since April 2012 on 9 Ejari contracts. The rent fell from AED 125,000 to AED 94,500 in 2021 and recovered to AED 108,675 by September 2022.
  • At AED 108,675 a year the gross yield on the 2012 price is 12.8%, before a service charge of about AED 10,200 a year (AED 14.68 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 24 September 2022.

Questions about 801, Shoreline - Hatmi

What did unit 801 last sell for?

AED 850,000 on 12 August 2012: AED 1,227 per sqft for 692 sqft. The unit has 2 registered sales; the first was AED 825,000 in April 2009.

What is the rent for unit 801?

AED 108,675 a year on the contract renewed on 24 September 2022. The previous contract, from September 2021, was AED 94,500; the unit has been rented since April 2012.

How big is unit 801?

692 sqft (64.3 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower.

What is unit 801 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 801, Shoreline - Hatmi

Starts from the last sale price (AED 850K, 12 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

Plus AED 40,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →