2-bed · 1,553 sqftShoreline - Jash Hamad, Palm Jumeirah · 4th floor · completed 2007

408, Shoreline - Jash Hamad

Sold prices and rental history: sold twice, last in September 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 8 June 2025
Last soldAED 2.15M9 September 2015
Current rentAED 200K /yr8 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Shoreline - Jash Hamad

What is 408 worth today?

Last sold for AED 2,150,000 in 2015

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8 Jun 2025RentedRenewal
AED 200,000/yr12 months · AED 129 per sqft
8 Jun 2025RentedRenewal
AED 185,000/yr12 months · AED 119 per sqft
8 Jun 2024RentedNew contract
AED 185,000/yr12 months · AED 119 per sqft
27 Jun 2023RentedNew contract
AED 170,000/yr12 months · AED 110 per sqft
9 Sep 2015SoldReady
AED 2,150,000AED 1,384 per sqft
26 Jul 2014RentedNew contract
AED 168,000/yr12 months · AED 105 per sqft
4 Oct 2012Sold by developerReady
AED 1,587,011AED 1,021 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 June 2025.

Key facts

Type
2-bed apartment
Size
1,553 sqft
Floor
4th of 9
Parking
B2-58
Developer
Nakheel
Completed
2007
Service charge
AED 20,700 /yr
Last sold
AED 2.15M · September 2015

About 408, Shoreline - Jash Hamad

408 is a two-bedroom apartment of 1,553 sqft on the 4th floor of Shoreline - Jash Hamad, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 9 September 2015 for AED 2,150,000, or AED 1,384 per sqft, in line with the AED 1,369 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 8 June 2025, is AED 200,000 a year: a gross yield of 9.3% on the 2015 price, before the service charge of about AED 20,700 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical two-bed in Shoreline - Jash Hamad
2M3M2012201620202024Typical sale price by year: 2012 AED 1,636,859; 2013 AED 1,878,743; 2015 AED 2,150,000; 2016 AED 1,874,587; 2017 AED 2,275,000; 2021 AED 1,790,000; 2022 AED 2,220,000; 2023 AED 2,575,000; 2024 AED 3,450,000; 2025 AED 3,325,000Sold by developer, October 2012: AED 1,587,011 (AED 1,021 per sqft)Sold, September 2015: AED 2,150,000 (AED 1,384 per sqft)

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

Rents
Unit 408, each contractTypical two-bed in Shoreline - Jash Hamad
100K150K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 130,000; 2014 AED 135,529; 2015 AED 150,000; 2016 AED 141,000; 2017 AED 140,000; 2018 AED 127,500; 2019 AED 105,000; 2020 AED 95,500; 2021 AED 102,500; 2022 AED 117,500; 2023 AED 165,000; 2024 AED 187,500; 2025 AED 186,000; 2026 AED 180,000New contract, July 2014: AED 168,000 a yearNew contract, June 2023: AED 170,000 a yearNew contract, June 2024: AED 185,000 a yearRenewal, June 2025: AED 200,000 a yearRenewal, June 2025: AED 185,000 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 - Jash Hamad, and where 408 sits

All 45 2-beds →

408 last sold in September 2015 at AED 1,384 per sqft, in line with what two-beds in Shoreline - Jash Hamad were fetching at the time (AED 1,369). Over the last 12 months two-beds sold for AED 3,600,000, around AED 2,279 per sqft, and rent for AED 115,500 to 225,000 a year. 408's AED 200,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jan 20263,600,000
17 Jun 20253,325,000
17 Mar 20254,250,000
2 Jan 20252,223,761
1 2-bed sale in the last 12 months

Shoreline - Jash Hamad

Building

108 apartments, 1-bed to 3-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 2 sold in the last 12 months.

Typical price per sqft
AED 2,388
Typical sale
AED 4.5M
Typical rent
AED 190K /yr
Typical yield
4.7%
Shoreline - Jash Hamad, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 108 units in Shoreline - Jash Hamad
Value
4012-bedAED 1.67M · Oct 2012
4023-bedAED 2.25M · Sep 2012
4033-bedAED 1.5M · Jan 2020
4041-bedAED 1.16M · Nov 2012
4052-bedAED 2.08M · Jul 2013
4062-bedAED 1.8M · Oct 2012
4072-bedAED 2.6M · Jul 2023
1–7 of 11

408, Shoreline - Jash Hamad in numbers

  • Sold twice: first on 4 October 2012 for AED 1,587,011, last on 9 September 2015 for AED 2,150,000 (AED 1,384 per sqft).
  • Rented since July 2014 on 5 Ejari contracts, from AED 168,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2015 price is 9.3%, before a service charge of about AED 20,700 a year (AED 13.34 per sqft).
  • Two-beds in Shoreline - Jash Hamad sold for AED 3,600,000–3,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,388 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 8 June 2025.

Questions about 408, Shoreline - Jash Hamad

What did unit 408 last sell for?

AED 2,150,000 on 9 September 2015: AED 1,384 per sqft for 1,553 sqft. The unit has 2 registered sales; the first was AED 1,587,011 in October 2012.

What is the rent for unit 408?

AED 200,000 a year on the contract renewed on 8 June 2025. The previous contract, from June 2025, was AED 185,000; the unit has been rented since July 2014.

How big is unit 408?

1,553 sqft (144.3 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Jash Hamad sold for AED 3,600,000 to 3,600,000 in the last 12 months, around AED 2,279 per sqft.

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Mortgage on 408, Shoreline - Jash Hamad

Starts from the last sale price (AED 2.15M, 9 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →