2-bed · 1,551 sqftShoreline - Abu Keibal, Palm Jumeirah · 6th floor · completed 2007

605, Shoreline - Abu Keibal

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

Unit 605 · DLD and Ejari recordsUpdated 1 May 2015
Last soldAED 1.72M12 December 2012
Current rentAED 35K /yr1 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Shoreline - Abu Keibal

What is 605 worth today?

Last sold for AED 1,720,000 in 2012

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1 May 2015RentedNew contract
AED 35,000/yr24 months · AED 23 per sqft
22 Feb 2013RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft
12 Dec 2012SoldReady
AED 1,720,000AED 1,109 per sqft
23 Apr 2009Sold by developerReady
AED 815,000AED 525 per sqft

Source: Dubai Land Department. Updated 1 May 2015.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
6th of 8
Parking
B2-119
Developer
Nakheel
Completed
2007
Service charge
AED 22,800 /yr
Last sold
AED 1.72M · December 2012

About 605, Shoreline - Abu Keibal

605 is a two-bedroom apartment of 1,551 sqft on the 6th floor of Shoreline - Abu Keibal, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 12 December 2012 for AED 1,720,000, or AED 1,109 per sqft, 17% above the AED 951 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 May 2015, is AED 35,000 a year: a gross yield of 2.0% on the 2012 price, before the service charge of about AED 22,800 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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 815,000 (AED 525 per sqft)Sold, December 2012: AED 1,720,000 (AED 1,109 per sqft)

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

Rents
Unit 605, 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, February 2013: AED 120,000 a yearNew contract, May 2015: AED 35,000 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 605 sits

All 48 2-beds →

605 last sold in December 2012 at AED 1,109 per sqft, 17% above what two-beds in Shoreline - Abu Keibal were fetching at the time (AED 951). 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. 605's AED 35,000 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
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 6th floor

All 96 units in Shoreline - Abu Keibal
Value
6012-bedAED 825K · Feb 2011
6023-bedAED 2.05M · Nov 2018
6033-bedAED 2.6M · Aug 2017
6041-bedAED 2.63M · Apr 2025
6062-bedAED 1.97M · Mar 2013
6072-bedAED 2.07M · Jun 2013
6082-bedAED 2.1M · Feb 2022
1–7 of 11

605, Shoreline - Abu Keibal in numbers

  • Sold twice: first on 23 April 2009 for AED 815,000, last on 12 December 2012 for AED 1,720,000 (AED 1,109 per sqft).
  • Rented since February 2013 on 2 Ejari contracts, from AED 120,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2012 price is 2.0%, before a service charge of about AED 22,800 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 1 May 2015.

Questions about 605, Shoreline - Abu Keibal

What did unit 605 last sell for?

AED 1,720,000 on 12 December 2012: AED 1,109 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 815,000 in April 2009.

What is the rent for unit 605?

AED 35,000 a year on the contract signed on 1 May 2015. The previous contract, from February 2013, was AED 120,000.

How big is unit 605?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2007.

What is unit 605 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 605, Shoreline - Abu Keibal

Starts from the last sale price (AED 1.72M, 12 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,720,000
Deposit, UAE resident (20%)
AED 344,000
Deposit, non-resident (40%)
AED 688,000
Monthly over 25 years at 3.7%
AED 7,037

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