2-bed · 2,000 sqftShoreline - Abu Keibal, Palm Jumeirah · 5th floor · completed 2007

506, Shoreline - Abu Keibal

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 14 January 2025
Last soldAED 4.08M14 January 2025
Current rentAED 126K /yr15 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Shoreline - Abu Keibal

What is 506 worth today?

Last sold for AED 4,080,000 in 2025

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14 Jan 2025SoldReady
AED 4,080,000AED 2,040 per sqft
15 Apr 2022RentedRenewal
AED 126,000/yr12 months · AED 63 per sqft
15 Apr 2021RentedNew contract
AED 120,000/yr12 months · AED 60 per sqft
11 May 2020RentedRenewal
AED 125,000/yr12 months · AED 62 per sqft
11 May 2019RentedRenewal
AED 140,000/yr12 months · AED 70 per sqft
11 May 2018RentedNew contract
AED 140,000/yr12 months · AED 70 per sqft
15 Mar 2018SoldReady
AED 1,950,000AED 975 per sqft
15 May 2017RentedRenewal
AED 168,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 14 January 2025.

Key facts

Type
2-bed apartment
Size
2,000 sqft
Floor
5th of 8
Parking
B2-107
Developer
Nakheel
Completed
2007
Service charge
AED 29,500 /yr
Last sold
AED 4.08M · January 2025

About 506, Shoreline - Abu Keibal

506 is a two-bedroom apartment of 2,000 sqft on the 5th floor of Shoreline - Abu Keibal, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 14 January 2025 for AED 4,080,000, or AED 2,040 per sqft, in line with the AED 2,084 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 15 April 2022, is AED 126,000 a year: a gross yield of 3.1% on the 2025 price, before the service charge of about AED 29,500 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in Shoreline - Abu Keibal
2M4M2009201420192024Typical 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, February 2014: AED 1,025,000 (AED 512 per sqft)Sold, March 2018: AED 1,950,000 (AED 975 per sqft)Sold, January 2025: AED 4,080,000 (AED 2,040 per sqft)

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

Rents
Unit 506, 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, March 2014: AED 170,000 a yearNew contract, May 2015: AED 160,000 a yearNew contract, May 2016: AED 160,000 a yearRenewal, May 2017: AED 168,000 a yearNew contract, May 2018: AED 140,000 a yearRenewal, May 2019: AED 140,000 a yearRenewal, May 2020: AED 125,000 a yearNew contract, April 2021: AED 120,000 a yearRenewal, April 2022: AED 126,000 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 506 sits

All 48 2-beds →

506 last sold in January 2025 at AED 2,040 per sqft, in line with what two-beds in Shoreline - Abu Keibal were fetching at the time (AED 2,084). 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. 506's AED 126,000 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
16 Aug 20243,300,000
7 May 20243,700,000
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 5th floor

All 96 units in Shoreline - Abu Keibal
Value
5012-bedAED 1.5M · May 2019
5023-bedAED 2.75M · Sep 2013
5033-bedAED 5M · Sep 2025
5041-bedAED 2.95M · Oct 2024
5052-bedAED 790K · Jul 2009
5072-bedAED 1.03M · Apr 2009
5082-bedAED 790K · Apr 2009
1–7 of 11

506, Shoreline - Abu Keibal in numbers

  • Sold 3 times: first on 19 February 2014 for AED 1,025,000, last on 14 January 2025 for AED 4,080,000 (AED 2,040 per sqft).
  • Rented since March 2014 on 9 Ejari contracts, from AED 170,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2025 price is 3.1%, before a service charge of about AED 29,500 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 14 January 2025.

Questions about 506, Shoreline - Abu Keibal

What did unit 506 last sell for?

AED 4,080,000 on 14 January 2025: AED 2,040 per sqft for 2,000 sqft. The unit has 3 registered sales; the first was AED 1,025,000 in February 2014.

What is the rent for unit 506?

AED 126,000 a year on the contract renewed on 15 April 2022. The previous contract, from April 2021, was AED 120,000; the unit has been rented since March 2014.

How big is unit 506?

2,000 sqft (185.8 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2007.

What is unit 506 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 506, Shoreline - Abu Keibal

Starts from the last sale price (AED 4.08M, 14 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,080,000
Deposit, UAE resident (20%)
AED 816,000
Deposit, non-resident (40%)
AED 1,632,000
Monthly over 25 years at 3.7%
AED 16,693

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