3-bed · 2,157 sqftShoreline - Abu Keibal, Palm Jumeirah · 4th floor · completed 2007

403, Shoreline - Abu Keibal

Sold prices and rental history: sold twice, last in July 2013, and rented once, from July 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 9 July 2013
Last soldAED 2.4M9 July 2013
Current rentAED 145K /yr31 July 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Shoreline - Abu Keibal

What is 403 worth today?

Last sold for AED 2,400,000 in 2013

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9 Jul 2013SoldReady
AED 2,400,000AED 1,112 per sqft
31 Jul 2012RentedNew contract
AED 145,000/yr12 months · AED 67 per sqft
23 Apr 2009Sold by developerReady
AED 1,150,000AED 533 per sqft

Source: Dubai Land Department. Updated 9 July 2013.

Key facts

Type
3-bed apartment
Size
2,157 sqft
Floor
4th of 8
Parking
B2-43,B2-44
Developer
Nakheel
Completed
2007
Service charge
AED 31,800 /yr
Last sold
AED 2.4M · July 2013

About 403, Shoreline - Abu Keibal

403 is a three-bedroom apartment of 2,157 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 July 2013 for AED 2,400,000, or AED 1,112 per sqft, in line with the AED 1,088 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 July 2012. The current contract, signed on 31 July 2012, is AED 145,000 a year: a gross yield of 6.0% on the 2013 price, before the service charge of about AED 31,800 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical three-bed in Shoreline - Abu Keibal
1M2M3M2009201320172021Typical sale price by year: 2009 AED 1,175,000; 2010 AED 1,175,000; 2011 AED 1,175,000; 2012 AED 1,900,000; 2013 AED 2,350,000; 2014 AED 3,200,000; 2015 AED 2,882,500; 2017 AED 2,600,000; 2018 AED 2,100,000; 2023 AED 3,075,000Sold by developer, April 2009: AED 1,150,000 (AED 533 per sqft)Sold, July 2013: AED 2,400,000 (AED 1,112 per sqft)

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

Rents
Unit 403, each contractTypical three-bed in Shoreline - Abu Keibal
150K200K250K2012201620202024Typical rent by year: 2012 AED 150,000; 2013 AED 160,000; 2014 AED 190,000; 2015 AED 190,000; 2016 AED 180,000; 2017 AED 179,000; 2018 AED 165,000; 2019 AED 147,500; 2020 AED 130,000; 2021 AED 149,000; 2022 AED 159,988; 2023 AED 213,000; 2024 AED 240,000; 2025 AED 222,500; 2026 AED 222,875New contract, July 2012: AED 145,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shoreline - Abu Keibal, and where 403 sits

All 36 3-beds →

403 last sold in July 2013 at AED 1,112 per sqft, in line with what three-beds in Shoreline - Abu Keibal were fetching at the time (AED 1,088). Over the last 12 months three-beds sold for AED 4,800,000, around AED 2,164 per sqft, and rent for AED 120,000 to 325,000 a year. 403's AED 145,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Jun 20264,800,000
1 Sep 20255,000,000
26 Apr 20254,350,000
30 May 20244,450,000
1 3-bed sale 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
4012-bedAED 1.3M · Mar 2021
4023-bedAED 2.5M · Apr 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

403, Shoreline - Abu Keibal in numbers

  • Sold twice: first on 23 April 2009 for AED 1,150,000, last on 9 July 2013 for AED 2,400,000 (AED 1,112 per sqft).
  • Rented since July 2012 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2013 price is 6.0%, before a service charge of about AED 31,800 a year (AED 14.73 per sqft).
  • Three-beds in Shoreline - Abu Keibal sold for AED 4,800,000–4,800,000 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 July 2013.

Questions about 403, Shoreline - Abu Keibal

What did unit 403 last sell for?

AED 2,400,000 on 9 July 2013: AED 1,112 per sqft for 2,157 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in April 2009.

What is the rent for unit 403?

AED 145,000 a year on the contract signed on 31 July 2012.

How big is unit 403?

2,157 sqft (200.4 sqm): a three-bedroom apartment on the 4th floor of a 8-storey tower completed in 2007.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Abu Keibal sold for AED 4,800,000 to 4,800,000 in the last 12 months, around AED 2,164 per sqft.

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Mortgage on 403, Shoreline - Abu Keibal

Starts from the last sale price (AED 2.4M, 9 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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