1-bed · 1,145 sqftShoreline - Abu Keibal, Palm Jumeirah · 5th floor · completed 2007

509, Shoreline - Abu Keibal

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

Unit 509 · DLD and Ejari recordsUpdated 29 August 2014
Last soldAED 1.18M19 September 2012
Current rentAED 112K /yr29 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Shoreline - Abu Keibal

What is 509 worth today?

Last sold for AED 1,175,000 in 2012

Unlock today's estimate, updated daily, with

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

29 Aug 2014RentedRenewal
AED 112,125/yr12 months · AED 98 per sqft
29 Aug 2013RentedNew contract
AED 97,500/yr12 months · AED 85 per sqft
19 Sep 2012SoldReady
AED 1,175,000AED 1,026 per sqft
22 Apr 2009Sold by developerReady
AED 1,900,000AED 1,659 per sqft

Source: Dubai Land Department. Updated 29 August 2014.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
5th of 8
Parking
B2-110
Developer
Nakheel
Completed
2007
Service charge
AED 16,900 /yr
Last sold
AED 1.18M · September 2012

About 509, Shoreline - Abu Keibal

509 is a one-bedroom apartment of 1,145 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 19 September 2012 for AED 1,175,000, or AED 1,026 per sqft, in line with the AED 1,026 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 29 August 2014, is AED 112,125 a year: a gross yield of 9.5% on the 2012 price, before the service charge of about AED 16,900 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in Shoreline - Abu Keibal
1M2M20092013201720212025Typical sale price by year: 2009 AED 625,000; 2023 AED 1,750,000; 2024 AED 2,600,000Sold by developer, April 2009: AED 1,900,000 (AED 1,659 per sqft)Sold, September 2012: AED 1,175,000 (AED 1,026 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in Shoreline - Abu Keibal
80K100K120K2013201720212025Typical rent by year: 2013 AED 95,000; 2014 AED 110,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 115,000; 2018 AED 95,000; 2019 AED 84,000; 2020 AED 82,000; 2021 AED 80,000; 2022 AED 84,000; 2023 AED 102,500; 2024 AED 115,000; 2025 AED 114,500; 2026 AED 117,999New contract, August 2013: AED 97,500 a yearRenewal, August 2014: AED 112,125 a year

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

1-beds in Shoreline - Abu Keibal, and where 509 sits

All 20 1-beds →

509 last sold in September 2012 at AED 1,026 per sqft, in line with what one-beds in Shoreline - Abu Keibal were fetching at the time (AED 1,026). Over the last 12 months one-beds sold for AED 2,675,000, around AED 2,336 per sqft, and rent for AED 70,000 to 190,000 a year. 509's AED 112,125 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Nov 20252,675,000
9 Apr 20252,625,000
21 Nov 20242,600,000
10 Oct 20242,950,000
1 1-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 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
5062-bedAED 4.08M · Jan 2025
5072-bedAED 1.03M · Apr 2009
1–7 of 11

509, Shoreline - Abu Keibal in numbers

  • Sold twice: first on 22 April 2009 for AED 1,900,000, last on 19 September 2012 for AED 1,175,000 (AED 1,026 per sqft).
  • Rented since August 2013 on 2 Ejari contracts, from AED 97,500 to AED 112,125 a year.
  • At AED 112,125 a year the gross yield on the 2012 price is 9.5%, before a service charge of about AED 16,900 a year (AED 14.73 per sqft).
  • One-beds in Shoreline - Abu Keibal sold for AED 2,675,000–2,675,000 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 29 August 2014.

Questions about 509, Shoreline - Abu Keibal

What did unit 509 last sell for?

AED 1,175,000 on 19 September 2012: AED 1,026 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 1,900,000 in April 2009.

What is the rent for unit 509?

AED 112,125 a year on the contract renewed on 29 August 2014. The previous contract, from August 2013, was AED 97,500.

How big is unit 509?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2007.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shoreline - Abu Keibal sold for AED 2,675,000 to 2,675,000 in the last 12 months, around AED 2,336 per sqft.

Selling 509? 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 509, Shoreline - Abu Keibal

Starts from the last sale price (AED 1.18M, 19 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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