2-bed · 1,589 sqftShoreline - Abu Keibal, Palm Jumeirah · 4th floor · completed 2007

401, Shoreline - Abu Keibal

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 9 March 2021
Last soldAED 1.3M9 March 2021
Current rentAED 108K /yr28 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Shoreline - Abu Keibal

What is 401 worth today?

Last sold for AED 1,300,000 in 2021

Unlock today's estimate, updated daily, with

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

9 Mar 2021SoldReady
AED 1,300,000AED 818 per sqft
28 May 2020RentedRenewal
AED 107,500/yr12 months · AED 68 per sqft
28 May 2019RentedRenewal
AED 115,000/yr12 months · AED 72 per sqft
28 May 2018RentedRenewal
AED 125,000/yr12 months · AED 79 per sqft
28 May 2017RentedRenewal
AED 135,000/yr12 months · AED 85 per sqft
28 May 2016RentedNew contract
AED 160,083/yr12 months · AED 101 per sqft
28 May 2015RentedRenewal
AED 145,530/yr12 months · AED 92 per sqft
28 May 2014RentedRenewal
AED 132,300/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 9 March 2021.

Key facts

Type
2-bed apartment
Size
1,589 sqft
Floor
4th of 8
Parking
B2-39
Developer
Nakheel
Completed
2007
Service charge
AED 23,400 /yr
Last sold
AED 1.3M · March 2021

About 401, Shoreline - Abu Keibal

401 is a two-bedroom apartment of 1,589 sqft on the 4th floor of Shoreline - Abu Keibal, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 9 March 2021 for AED 1,300,000, or AED 818 per sqft, in line with the AED 818 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 28 May 2020, is AED 107,500 a year: a gross yield of 8.3% on the 2021 price, before the service charge of about AED 23,400 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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 503 per sqft)Sold, March 2021: AED 1,300,000 (AED 818 per sqft)

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

Rents
Unit 401, 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, May 2013: AED 110,250 a yearRenewal, May 2014: AED 132,300 a yearRenewal, May 2015: AED 145,530 a yearNew contract, May 2016: AED 160,083 a yearRenewal, May 2017: AED 135,000 a yearRenewal, May 2018: AED 125,000 a yearRenewal, May 2019: AED 115,000 a yearRenewal, May 2020: AED 107,500 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 401 sits

All 48 2-beds →

401 last sold in March 2021 at AED 818 per sqft, in line with what two-beds in Shoreline - Abu Keibal were fetching at the time (AED 818). 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. 401's AED 107,500 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 4th floor

All 96 units in Shoreline - Abu Keibal
Value
4023-bedAED 2.5M · Apr 2013
4033-bedAED 2.4M · Jul 2013
4041-bedAED 1.2M · Sep 2018
4052-bedAED 790K · Apr 2009
4062-bedAED 1.03M · Apr 2009
4072-bedAED 1.03M · Apr 2009
4082-bedAED 790K · Apr 2009
1–7 of 11

401, Shoreline - Abu Keibal in numbers

  • Sold twice: first on 23 April 2009 for AED 800,000, last on 9 March 2021 for AED 1,300,000 (AED 818 per sqft).
  • Rented since May 2013 on 8 Ejari contracts, from AED 110,250 to AED 107,500 a year.
  • At AED 107,500 a year the gross yield on the 2021 price is 8.3%, 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 9 March 2021.

Questions about 401, Shoreline - Abu Keibal

What did unit 401 last sell for?

AED 1,300,000 on 9 March 2021: AED 818 per sqft for 1,589 sqft. The unit has 2 registered sales; the first was AED 800,000 in April 2009.

What is the rent for unit 401?

AED 107,500 a year on the contract renewed on 28 May 2020. The previous contract, from May 2019, was AED 115,000; the unit has been rented since May 2013.

How big is unit 401?

1,589 sqft (147.6 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2007.

What is unit 401 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 401? 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 401, Shoreline - Abu Keibal

Starts from the last sale price (AED 1.3M, 9 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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