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2-bed · 1,551 sqftShoreline - Hatmi, Palm Jumeirah · 8th floor

808, Shoreline - Hatmi

Sold prices and rental history: sold twice, last in April 2019, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 1 August 2019
Last soldAED 2.35M2 April 2019
Current rentAED 155K /yr1 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Shoreline - Hatmi

What is 808 worth today?

Last sold for AED 2,350,000 in 2019

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1 Aug 2019RentedNew contract
AED 155,000/yr12 months · AED 100 per sqft
2 Apr 2019SoldReady
AED 2,350,000AED 1,515 per sqft
22 Aug 2018RentedRenewal
AED 165,000/yr12 months · AED 106 per sqft
22 Aug 2017RentedRenewal
AED 180,000/yr12 months · AED 116 per sqft
22 Aug 2016RentedNew contract
AED 180,000/yr12 months · AED 116 per sqft
27 Apr 2009Sold by developerReady
AED 895,000AED 577 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2019.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
8th of 9
Parking
1B2-120
Service charge
AED 22,800 /yr
Last sold
AED 2.35M · April 2019
Building
Shoreline - Hatmi

About 808, Shoreline - Hatmi

808 is a two-bedroom apartment of 1,551 sqft on the 8th floor of Shoreline - Hatmi, a 9-storey tower in Palm Jumeirah. It last sold on 2 April 2019 for AED 2,350,000, or AED 1,515 per sqft, in line with the AED 1,515 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 1 August 2019, is AED 155,000 a year: a gross yield of 6.6% on the 2019 price, before the service charge of about AED 22,800 a year.

Sales and rents for 808 over time

Sales
Unit 808, 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 895,000 (AED 577 per sqft)Sold, April 2019: AED 2,350,000 (AED 1,515 per sqft)

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

Rents
Unit 808, 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, August 2016: AED 180,000 a yearRenewal, August 2017: AED 180,000 a yearRenewal, August 2018: AED 165,000 a yearNew contract, August 2019: AED 155,000 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 808 sits

All 53 2-beds →

808 last sold in April 2019 at AED 1,515 per sqft, in line with what two-beds in Shoreline - Hatmi were fetching at the time (AED 1,515). 808's AED 155,000 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 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
8072-bedAED 5.7M · Aug 2024
1–7 of 11

808, Shoreline - Hatmi in numbers

  • Sold twice: first on 27 April 2009 for AED 895,000, last on 2 April 2019 for AED 2,350,000 (AED 1,515 per sqft).
  • Rented since August 2016 on 4 Ejari contracts, from AED 180,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2019 price is 6.6%, before a service charge of about AED 22,800 a year (AED 14.68 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2019.

Questions about 808, Shoreline - Hatmi

What did unit 808 last sell for?

AED 2,350,000 on 2 April 2019: AED 1,515 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 895,000 in April 2009.

What is the rent for unit 808?

AED 155,000 a year on the contract signed on 1 August 2019. The previous contract, from August 2018, was AED 165,000; the unit has been rented since August 2016.

How big is unit 808?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower.

What is unit 808 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 808, Shoreline - Hatmi

Starts from the last sale price (AED 2.35M, 2 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →