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

307, Shoreline - Abu Keibal

Sold prices and rental history: sold 4 times, last in January 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 11 January 2024
Last soldAED 3.35M11 January 2024
Current rentAED 120K /yr25 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Shoreline - Abu Keibal

What is 307 worth today?

Last sold for AED 3,350,000 in 2024

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11 Jan 2024SoldReady
AED 3,350,000AED 1,677 per sqft
25 Jun 2020RentedRenewal
AED 120,000/yr12 months · AED 60 per sqft
25 Jun 2019RentedRenewal
AED 135,000/yr12 months · AED 67 per sqft
25 Jun 2018RentedNew contract
AED 135,000/yr12 months · AED 67 per sqft
26 Feb 2017RentedRenewal
AED 167,501/yr12 months · AED 84 per sqft
27 Feb 2016RentedRenewal
AED 168,453/yr12 months · AED 84 per sqft
27 Feb 2015RentedNew contract
AED 158,000/yr12 months · AED 79 per sqft
7 Jun 2014RentedNew contract
AED 160,715/yr9 months · AED 80 per sqft

Source: Dubai Land Department. Updated 11 January 2024.

Key facts

Type
2-bed apartment
Size
1,997 sqft
Floor
3rd of 8
Parking
B2-33
Developer
Nakheel
Completed
2007
Service charge
AED 29,400 /yr
Last sold
AED 3.35M · January 2024

About 307, Shoreline - Abu Keibal

307 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 11 January 2024 for AED 3,350,000, or AED 1,677 per sqft, 3% above the AED 1,628 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 25 June 2020, is AED 120,000 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 29,400 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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, December 2009: AED 1,025,000 (AED 513 per sqft)Sold, June 2012: AED 1,650,000 (AED 826 per sqft)Sold, January 2014: AED 2,400,000 (AED 1,201 per sqft)Sold, January 2024: AED 3,350,000 (AED 1,677 per sqft)

307 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 307, 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, October 2012: AED 130,000 a yearNew contract, June 2013: AED 140,000 a yearNew contract, June 2014: AED 160,715 a yearNew contract, February 2015: AED 158,000 a yearRenewal, February 2016: AED 168,453 a yearRenewal, February 2017: AED 167,501 a yearNew contract, June 2018: AED 135,000 a yearRenewal, June 2019: AED 135,000 a yearRenewal, June 2020: AED 120,000 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 - Abu Keibal, and where 307 sits

All 48 2-beds →

307 last sold in January 2024 at AED 1,677 per sqft, 3% above what two-beds in Shoreline - Abu Keibal were fetching at the time (AED 1,628). 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. 307's AED 120,000 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
3062-bedAED 2.5M · Oct 2022
3082-bedAED 2.8M · Feb 2024
1–7 of 11

307, Shoreline - Abu Keibal in numbers

  • Sold 4 times: first on 30 December 2009 for AED 1,025,000, last on 11 January 2024 for AED 3,350,000 (AED 1,677 per sqft).
  • Rented since October 2012 on 9 Ejari contracts, from AED 130,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 3.6%, 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 11 January 2024.

Questions about 307, Shoreline - Abu Keibal

What did unit 307 last sell for?

AED 3,350,000 on 11 January 2024: AED 1,677 per sqft for 1,997 sqft. The unit has 4 registered sales; the first was AED 1,025,000 in December 2009.

What is the rent for unit 307?

AED 120,000 a year on the contract renewed on 25 June 2020. The previous contract, from June 2019, was AED 135,000; the unit has been rented since October 2012.

How big is unit 307?

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 307 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 307, Shoreline - Abu Keibal

Starts from the last sale price (AED 3.35M, 11 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

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