2-bed · 1,586 sqftShoreline - Abu Keibal, Palm Jumeirah · 3rd floor · completed 2007

312, Shoreline - Abu Keibal

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 18 July 2023
Last soldAED 2.5M18 July 2023
Current rentAED 104K /yr10 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Shoreline - Abu Keibal

What is 312 worth today?

Last sold for AED 2,500,000 in 2023

Unlock today's estimate, updated daily, with

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

18 Jul 2023SoldReady
AED 2,500,000AED 1,576 per sqft
10 Sep 2022RentedRenewal
AED 103,500/yr12 months · AED 65 per sqft
10 Sep 2021RentedNew contract
AED 86,250/yr12 months · AED 54 per sqft
10 Sep 2020RentedNew contract
AED 75,000/yr12 months · AED 47 per sqft
1 Jan 2020RentedRenewal
AED 110,000/yr12 months · AED 70 per sqft
1 Jan 2019RentedRenewal
AED 125,000/yr12 months · AED 79 per sqft
1 Jan 2018RentedRenewal
AED 135,000/yr12 months · AED 85 per sqft
1 Jan 2017RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 18 July 2023.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
3rd of 8
Parking
B2-38
Developer
Nakheel
Completed
2007
Service charge
AED 23,400 /yr
Last sold
AED 2.5M · July 2023

About 312, Shoreline - Abu Keibal

312 is a two-bedroom apartment of 1,586 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 18 July 2023 for AED 2,500,000, or AED 1,576 per sqft, 8% above the AED 1,454 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 10 September 2022, is AED 103,500 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 23,400 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, April 2010: AED 1,400,000 (AED 882 per sqft)Sold, July 2023: AED 2,500,000 (AED 1,576 per sqft)

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

Rents
Unit 312, each contractTypical two-bed in Shoreline - Abu Keibal
100K200K2012201620202024Typical 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, May 2014: AED 150,000 a yearNew contract, May 2015: AED 158,000 a yearNew contract, January 2017: AED 140,000 a yearRenewal, January 2018: AED 135,000 a yearRenewal, January 2019: AED 125,000 a yearRenewal, January 2020: AED 110,000 a yearNew contract, September 2020: AED 75,000 a yearNew contract, September 2021: AED 86,250 a yearRenewal, September 2022: AED 103,500 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 312 sits

All 48 2-beds →

312 last sold in July 2023 at AED 1,576 per sqft, 8% above what two-beds in Shoreline - Abu Keibal were fetching at the time (AED 1,454). 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. 312's AED 103,500 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
3072-bedAED 3.35M · Jan 2024
1–7 of 11

312, Shoreline - Abu Keibal in numbers

  • Sold 3 times: first on 23 April 2009 for AED 800,000, last on 18 July 2023 for AED 2,500,000 (AED 1,576 per sqft).
  • Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 75,000 in 2020 and recovered to AED 103,500 by September 2022.
  • At AED 103,500 a year the gross yield on the 2023 price is 4.1%, 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 18 July 2023.

Questions about 312, Shoreline - Abu Keibal

What did unit 312 last sell for?

AED 2,500,000 on 18 July 2023: AED 1,576 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 312?

AED 103,500 a year on the contract renewed on 10 September 2022. The previous contract, from September 2021, was AED 86,250; the unit has been rented since May 2014.

How big is unit 312?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2007.

What is unit 312 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 312? 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 312, Shoreline - Abu Keibal

Starts from the last sale price (AED 2.5M, 18 July 2023). 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 →