2-bed · 1,997 sqftShoreline - Abu Keibal, Palm Jumeirah · 3rd floor · completed 2007

306, Shoreline - Abu Keibal

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 25 October 2022
Last soldAED 2.5M25 October 2022
Current rentAED 133K /yr12 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Shoreline - Abu Keibal

What is 306 worth today?

Last sold for AED 2,500,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Oct 2022SoldReady
AED 2,500,000AED 1,252 per sqft
12 Oct 2018RentedRenewal
AED 132,995/yr12 months · AED 66 per sqft
12 Oct 2017RentedNew contract
AED 145,000/yr12 months · AED 72 per sqft
10 Jan 2017RentedRenewal
AED 145,000/yr12 months · AED 72 per sqft
10 Jan 2016RentedNew contract
AED 145,000/yr12 months · AED 72 per sqft
18 Sep 2014RentedNew contract
AED 165,000/yr12 months · AED 82 per sqft
18 Sep 2013RentedNew contract
AED 130,000/yr12 months · AED 65 per sqft
18 Sep 2012RentedNew contract
AED 130,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 25 October 2022.

Key facts

Type
2-bed apartment
Size
1,997 sqft
Floor
3rd of 8
Parking
B2-32
Developer
Nakheel
Completed
2007
Service charge
AED 29,400 /yr
Last sold
AED 2.5M · October 2022

About 306, Shoreline - Abu Keibal

306 is a two-bedroom apartment of 1,997 sqft on the 3rd floor of Shoreline - Abu Keibal, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 25 October 2022 for AED 2,500,000, or AED 1,252 per sqft, 6% below the AED 1,332 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 12 October 2018, is AED 132,995 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 29,400 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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 1,025,000 (AED 513 per sqft)Sold, October 2022: AED 2,500,000 (AED 1,252 per sqft)

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

Rents
Unit 306, 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, September 2012: AED 130,000 a yearNew contract, September 2013: AED 130,000 a yearNew contract, September 2014: AED 165,000 a yearNew contract, January 2016: AED 145,000 a yearRenewal, January 2017: AED 145,000 a yearNew contract, October 2017: AED 145,000 a yearRenewal, October 2018: AED 132,995 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 306 sits

All 48 2-beds →

306 last sold in October 2022 at AED 1,252 per sqft, 6% below what two-beds in Shoreline - Abu Keibal were fetching at the time (AED 1,332). 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. 306's AED 132,995 is at the bottom 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 3rd floor

All 96 units in Shoreline - Abu Keibal
Value
3012-bedAED 800K · Apr 2009
3023-bedAED 1.7M · Jan 2019
3033-bedAED 1.15M · Apr 2009
3041-bedAED 1.15M · Feb 2021
3052-bedAED 3.7M · May 2024
3072-bedAED 3.35M · Jan 2024
3082-bedAED 2.8M · Feb 2024
1–7 of 11

306, Shoreline - Abu Keibal in numbers

  • Sold twice: first on 23 April 2009 for AED 1,025,000, last on 25 October 2022 for AED 2,500,000 (AED 1,252 per sqft).
  • Rented since September 2012 on 7 Ejari contracts, from AED 130,000 to AED 132,995 a year.
  • At AED 132,995 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 29,400 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 25 October 2022.

Questions about 306, Shoreline - Abu Keibal

What did unit 306 last sell for?

AED 2,500,000 on 25 October 2022: AED 1,252 per sqft for 1,997 sqft. The unit has 2 registered sales; the first was AED 1,025,000 in April 2009.

What is the rent for unit 306?

AED 132,995 a year on the contract renewed on 12 October 2018. The previous contract, from October 2017, was AED 145,000; the unit has been rented since September 2012.

How big is unit 306?

1,997 sqft (185.5 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2007.

What is unit 306 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.

Selling 306? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 306, Shoreline - Abu Keibal

Starts from the last sale price (AED 2.5M, 25 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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