2-bed · 1,586 sqftShoreline - Abu Keibal, Palm Jumeirah · 2nd floor · completed 2007

212, Shoreline - Abu Keibal

Sold prices and rental history: sold 3 times, last in November 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 29 October 2023
Last soldAED 1.3M9 November 2020
Current rentAED 158K /yr29 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Shoreline - Abu Keibal

What is 212 worth today?

Last sold for AED 1,295,000 in 2020

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29 Oct 2023RentedRenewal
AED 157,500/yr12 months · AED 100 per sqft
29 Oct 2022RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft
8 Jul 2021RentedNew contract
AED 90,000/yr12 months · AED 57 per sqft
25 Apr 2021RentedNew contract
AED 85,000/yr12 months · AED 54 per sqft
9 Nov 2020SoldReady
AED 1,295,000AED 816 per sqft
7 Jul 2020SoldReady
AED 1,200,000AED 756 per sqft
15 Mar 2020RentedNew contract
AED 90,000/yr12 months · AED 57 per sqft
2 Aug 2019RentedRenewal
AED 110,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 29 October 2023.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
2nd of 8
Parking
B2-26
Developer
Nakheel
Completed
2007
Service charge
AED 23,400 /yr
Last sold
AED 1.3M · November 2020

About 212, Shoreline - Abu Keibal

212 is a two-bedroom apartment of 1,586 sqft on the 2nd floor of Shoreline - Abu Keibal, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 9 November 2020 for AED 1,295,000, or AED 816 per sqft, in line with the AED 816 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, renewed on 29 October 2023, is AED 157,500 a year: a gross yield of 12.2% on the 2020 price, before the service charge of about AED 23,400 a year.

Sales and rents for 212 over time

Sales
Unit 212, each saleTypical two-bed in Shoreline - Abu Keibal
2M20092013201720212025Typical sale price by year: 2009 AED 815,000; 2010 AED 1,000,000; 2011 AED 1,275,000; 2012 AED 1,500,000; 2013 AED 1,935,000; 2014 AED 2,325,000; 2017 AED 1,650,000; 2018 AED 1,950,000; 2020 AED 1,295,000; 2021 AED 1,650,000; 2022 AED 2,500,000; 2023 AED 2,500,000; 2024 AED 3,325,000Sold by developer, April 2009: AED 800,000 (AED 504 per sqft)Sold, July 2020: AED 1,200,000 (AED 756 per sqft)Sold, November 2020: AED 1,295,000 (AED 816 per sqft)

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

Rents
Unit 212, each contractTypical two-bed in Shoreline - Abu Keibal
100K150K200K2012201620202024Typical rent by year: 2012 AED 119,000; 2013 AED 130,000; 2014 AED 151,125; 2015 AED 156,500; 2016 AED 159,695; 2017 AED 140,000; 2018 AED 131,498; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 98,250; 2022 AED 136,800; 2023 AED 156,250; 2024 AED 189,000; 2025 AED 195,000; 2026 AED 185,000New contract, February 2012: AED 125,000 a yearNew contract, September 2012: AED 120,000 a yearRenewal, September 2013: AED 120,000 a yearRenewal, December 2013: AED 120,000 a yearNew contract, March 2014: AED 145,000 a yearNew contract, May 2015: AED 139,000 a yearRenewal, May 2016: AED 145,000 a yearNew contract, August 2017: AED 120,000 a yearRenewal, August 2018: AED 120,000 a yearRenewal, August 2019: AED 110,000 a yearNew contract, March 2020: AED 90,000 a yearNew contract, April 2021: AED 85,000 a yearNew contract, July 2021: AED 90,000 a yearNew contract, October 2022: AED 150,000 a yearRenewal, October 2023: AED 157,500 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 - Abu Keibal, and where 212 sits

All 48 2-beds →

212 last sold in November 2020 at AED 816 per sqft, in line with what two-beds in Shoreline - Abu Keibal were fetching at the time (AED 816). Over the last 12 months two-beds sold for AED 3,700,000 to 3,825,000, around AED 2,396 per sqft, and rent for AED 150,000 to 350,000 a year. 212's AED 157,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20263,700,000
15 Jan 20263,825,000
14 Jan 20254,080,000
16 Aug 20243,300,000
2 2-bed sales in the last 12 months

Shoreline - Abu Keibal

Building

96 apartments, 1-bed to 4-bed over 8 floors in Palm Jumeirah, completed in 2007 by Nakheel. 5 sold in the last 12 months.

Typical price per sqft
AED 2,336
Typical sale
AED 3.7M
Typical rent
AED 189K /yr
Typical yield
4.8%
Shoreline - Abu Keibal, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 96 units in Shoreline - Abu Keibal
Value
2012-bedAED 2.1M · Jul 2011
2023-bedAED 1.65M · Jul 2023
2033-bedAED 1.4M · Oct 2013
2041-bedAED 1.48M · Nov 2016
2052-bedAED 3.3M · Aug 2024
2062-bedAED 2.1M · Mar 2018
2072-bedAED 1.9M · Mar 2013
1–7 of 11

212, Shoreline - Abu Keibal in numbers

  • Sold 3 times: first on 23 April 2009 for AED 800,000, last on 9 November 2020 for AED 1,295,000 (AED 816 per sqft).
  • Rented since February 2012 on 15 Ejari contracts. The rent fell from AED 125,000 to AED 85,000 in 2021 and recovered to AED 157,500 by October 2023.
  • At AED 157,500 a year the gross yield on the 2020 price is 12.2%, before a service charge of about AED 23,400 a year (AED 14.73 per sqft).
  • Two-beds in Shoreline - Abu Keibal sold for AED 3,700,000–3,825,000 in the 12 months to November 2026; the building's median across all types is AED 2,336 per sqft.

Source: Dubai Land Department. Updated 29 October 2023.

Questions about 212, Shoreline - Abu Keibal

What did unit 212 last sell for?

AED 1,295,000 on 9 November 2020: AED 816 per sqft for 1,586 sqft. The unit has 3 registered sales; the first was AED 800,000 in April 2009.

What is the rent for unit 212?

AED 157,500 a year on the contract renewed on 29 October 2023. The previous contract, from October 2022, was AED 150,000; the unit has been rented since February 2012.

How big is unit 212?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2007.

What is unit 212 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Abu Keibal sold for AED 3,700,000 to 3,825,000 in the last 12 months, around AED 2,396 per sqft.

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Mortgage on 212, Shoreline - Abu Keibal

Starts from the last sale price (AED 1.3M, 9 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,295,000
Deposit, UAE resident (20%)
AED 259,000
Deposit, non-resident (40%)
AED 518,000
Monthly over 25 years at 3.7%
AED 5,298

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →