3-bed · 2,202 sqftShoreline - Jash Hamad, Palm Jumeirah · 7th floor · completed 2007

702, Shoreline - Jash Hamad

Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 2.59M26 December 2012
Current rentAED 240K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Shoreline - Jash Hamad

What is 702 worth today?

Last sold for AED 2,588,575 in 2012

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1 Apr 2025RentedRenewal
AED 240,000/yr12 months · AED 109 per sqft
1 Apr 2024RentedNew contract
AED 240,000/yr12 months · AED 109 per sqft
10 Nov 2022RentedRenewal
AED 180,000/yr12 months · AED 79 per sqft
10 Nov 2018RentedRenewal
AED 150,000/yr12 months · AED 66 per sqft
15 Aug 2016RentedRenewal
AED 81,750/yr8 months · AED 36 per sqft
15 Aug 2015RentedNew contract
AED 182,500/yr12 months · AED 80 per sqft
8 Sep 2014RentedNew contract
AED 210,000/yr12 months · AED 92 per sqft
26 Dec 2012Sold by developerReady
AED 2,588,575AED 1,175 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.

Key facts

Type
3-bed apartment
Size
2,202 sqft
Floor
7th of 9
Parking
B2-98,B2-99
Developer
Nakheel
Completed
2007
Service charge
AED 29,400 /yr
Last sold
AED 2.59M · December 2012

About 702, Shoreline - Jash Hamad

702 is a three-bedroom apartment of 2,202 sqft on the 7th floor of Shoreline - Jash Hamad, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 26 December 2012 for AED 2,588,575, or AED 1,175 per sqft, 38% above the AED 853 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 240,000 a year: a gross yield of 9.3% on the 2012 price, before the service charge of about AED 29,400 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Shoreline - Jash Hamad
2M3M4M2012201620202024Typical sale price by year: 2012 AED 1,975,492; 2013 AED 2,575,000; 2015 AED 3,030,000; 2016 AED 2,690,000; 2021 AED 1,940,000; 2023 AED 3,375,000; 2024 AED 4,000,000Sold by developer, December 2012: AED 2,588,575 (AED 1,175 per sqft)

702 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 702, each contractTypical three-bed in Shoreline - Jash Hamad
100K200K300K2012201620202024Typical rent by year: 2012 AED 165,000; 2013 AED 178,500; 2014 AED 190,000; 2015 AED 190,000; 2016 AED 196,225; 2017 AED 175,000; 2018 AED 167,500; 2019 AED 150,000; 2020 AED 125,000; 2021 AED 130,000; 2022 AED 180,000; 2023 AED 235,500; 2024 AED 265,000; 2025 AED 270,000; 2026 AED 260,000New contract, September 2014: AED 210,000 a yearNew contract, August 2015: AED 182,500 a yearRenewal, August 2016: AED 81,750 a yearRenewal, November 2018: AED 150,000 a yearRenewal, November 2022: AED 180,000 a yearNew contract, April 2024: AED 240,000 a yearRenewal, April 2025: AED 240,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shoreline - Jash Hamad, and where 702 sits

All 38 3-beds →

702 last sold in December 2012 at AED 1,175 per sqft, 38% above what three-beds in Shoreline - Jash Hamad were fetching at the time (AED 853). Over the last 12 months three-beds sold for AED 5,400,000, around AED 2,497 per sqft, and rent for AED 220,416 to 300,000 a year. 702's AED 240,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
31 Jan 20265,400,000
18 Feb 20255,600,000
27 Jan 20253,400,000
13 Dec 20244,200,000
1 3-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 7th floor

All 108 units in Shoreline - Jash Hamad
Value
7012-bedAED 1.42M · Mar 2021
7033-bedAED 3.3M · Jun 2023
7041-bedAED 1.33M · Mar 2013
7052-bedAED 2.03M · Nov 2021
706AED 2.4M · Nov 2022
707AED 5.1M · Aug 2025
7082-bedAED 2.4M · Jun 2023
1–7 of 11

702, Shoreline - Jash Hamad in numbers

  • Sold once: by Nakheel on 26 December 2012 for AED 2,588,575, or AED 1,175 per sqft.
  • Rented since September 2014 on 7 Ejari contracts. The rent fell from AED 210,000 to AED 81,750 in 2016 and recovered to AED 240,000 by April 2025.
  • At AED 240,000 a year the gross yield on the 2012 price is 9.3%, before a service charge of about AED 29,400 a year (AED 13.34 per sqft).
  • Three-beds in Shoreline - Jash Hamad sold for AED 5,400,000–5,400,000 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 1 April 2025.

Questions about 702, Shoreline - Jash Hamad

What did unit 702 last sell for?

AED 2,588,575 on 26 December 2012, sold by the developer: AED 1,175 per sqft for 2,202 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 240,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 240,000; the unit has been rented since September 2014.

How big is unit 702?

2,202 sqft (204.6 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Jash Hamad sold for AED 5,400,000 to 5,400,000 in the last 12 months, around AED 2,497 per sqft.

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Mortgage on 702, Shoreline - Jash Hamad

Starts from the last sale price (AED 2.59M, 26 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,588,575
Deposit, UAE resident (20%)
AED 517,715
Deposit, non-resident (40%)
AED 1,035,430
Monthly over 25 years at 3.7%
AED 10,591

Plus AED 113,730 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →