2-bed · 1,994 sqftShoreline - Hatmi, Palm Jumeirah · 8th floor

807, Shoreline - Hatmi

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 807 · DLD and Ejari recordsUpdated 8 September 2024
Last soldAED 5.7M26 August 2024
Current rentAED 200K /yr8 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Shoreline - Hatmi

What is 807 worth today?

Last sold for AED 5,700,000 in 2024

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8 Sep 2024RentedRenewal
AED 199,745/yr8 months · AED 100 per sqft
26 Aug 2024SoldReady
AED 5,700,000AED 2,858 per sqft
9 Sep 2021RentedRenewal
AED 200,000/yr12 months · AED 100 per sqft
9 Sep 2020RentedRenewal
AED 200,000/yr12 months · AED 100 per sqft
15 Apr 2015SoldReady
AED 3,700,000AED 1,855 per sqft
4 May 2014RentedNew contract
AED 200,000/yr12 months · AED 100 per sqft
1 Jan 2014RentedRenewal
AED 170,000/yr12 months · AED 85 per sqft
1 Jan 2013RentedNew contract
AED 170,000/yr12 months · AED 85 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 September 2024.

Key facts

Type
2-bed apartment
Size
1,994 sqft
Floor
8th of 9
Parking
1B2-119
Service charge
AED 29,300 /yr
Last sold
AED 5.7M · August 2024

About 807, Shoreline - Hatmi

807 is a two-bedroom apartment of 1,994 sqft on the 8th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 26 August 2024 for AED 5,700,000, or AED 2,858 per sqft, in line with the AED 2,858 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 8 September 2024, is AED 199,745 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 29,300 a year.

Sales and rents for 807 over time

Sales
Unit 807, each saleTypical two-bed in Shoreline - Hatmi
2.5M5M2009201420192024Typical 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 1,150,000 (AED 576 per sqft)Sold, April 2015: AED 3,700,000 (AED 1,855 per sqft)Sold, August 2024: AED 5,700,000 (AED 2,858 per sqft)

807 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 807, each contractTypical two-bed in Shoreline - Hatmi
150K200K250K2012201620202024Typical 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, January 2013: AED 170,000 a yearRenewal, January 2014: AED 170,000 a yearNew contract, May 2014: AED 200,000 a yearRenewal, September 2020: AED 200,000 a yearRenewal, September 2021: AED 200,000 a yearRenewal, September 2024: AED 199,745 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 807 sits

All 53 2-beds →

807 last sold in August 2024 at AED 2,858 per sqft, in line with what two-beds in Shoreline - Hatmi were fetching at the time (AED 2,858). 807's AED 199,745 is in the lower half 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
8012-bedAED 850K · Aug 2012
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
8082-bedAED 2.35M · Apr 2019
1–7 of 11

807, Shoreline - Hatmi in numbers

  • Sold 3 times: first on 27 April 2009 for AED 1,150,000, last on 26 August 2024 for AED 5,700,000 (AED 2,858 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 170,000 to AED 199,745 a year.
  • At AED 199,745 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 29,300 a year (AED 14.68 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 8 September 2024.

Questions about 807, Shoreline - Hatmi

What did unit 807 last sell for?

AED 5,700,000 on 26 August 2024: AED 2,858 per sqft for 1,994 sqft. The unit has 3 registered sales; the first was AED 1,150,000 in April 2009.

What is the rent for unit 807?

AED 199,745 a year on the contract renewed on 8 September 2024. The previous contract, from September 2021, was AED 200,000; the unit has been rented since January 2013.

How big is unit 807?

1,994 sqft (185.2 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower.

What is unit 807 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 807, Shoreline - Hatmi

Starts from the last sale price (AED 5.7M, 26 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,700,000
Deposit, UAE resident (20%)
AED 1,140,000
Deposit, non-resident (40%)
AED 2,280,000
Monthly over 25 years at 3.7%
AED 23,320

Plus AED 244,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →