701, Shoreline - Abu Keibal
Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Shoreline - Abu Keibal
What is 701 worth today?
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Source: Dubai Land Department. Updated 28 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,589 sqft
- Floor
- 7th of 8
- Parking
- B2-125
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 23,400 /yr
- Last sold
- AED 2.9M · July 2023
- Building
- Shoreline - Abu Keibal
About 701, Shoreline - Abu Keibal
701 is a two-bedroom apartment of 1,589 sqft on the 7th floor of Shoreline - Abu Keibal, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 25 July 2023 for AED 2,900,000, or AED 1,825 per sqft, 16% above the AED 1,578 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 28 February 2024, is AED 144,375 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 23,400 a year.
Sales and rents for 701 over time
701 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 701 sits
All 48 2-beds →701 last sold in July 2023 at AED 1,825 per sqft, 16% above what two-beds in Shoreline - Abu Keibal were fetching at the time (AED 1,578). 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. 701's AED 144,375 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 May 202615 May 2026 | 1,551 sqft | 3,700,000 | 2,385 | ||
| 15 Jan 202615 January 2026 | 1,589 sqft | 3,825,000 | 2,407 | ||
| 14 Jan 202514 January 2025 | 2,000 sqft | 4,080,000 | 2,040 | ||
| 16 Aug 202416 August 2024 | 1,551 sqft | 3,300,000 | 2,127 |
Shoreline - Abu Keibal
Building96 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%
Other units on the 7th floor
All 96 units in Shoreline - Abu Keibal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 2,187 sqft | AED 1.18MAED 1,175,000 · Dec 2012December 2012 | 159,500 /yr | |
| 703 | 3-bed | 2,138 sqft | AED 2.23MAED 2,225,906 · Mar 2015March 2015 | ||
| 704 | 1-bed | 1,145 sqft | AED 625KAED 625,000 · Jul 2009July 2009 | 135,000 /yr | |
| 705 | 2-bed | 1,551 sqft | AED 1.3MAED 1,300,000 · Jul 2011July 2011 | 220,000 /yr | |
| 706 | 2-bed | 2,000 sqft | AED 2.67MAED 2,665,000 · Jul 2022July 2022 | 115,000 /yr | |
| 707 | 2-bed | 2,000 sqft | AED 1.85MAED 1,850,000 · Mar 2021March 2021 | 142,100 /yr | |
| 708 | 2-bed | 1,551 sqft | AED 2.08MAED 2,075,000 · Dec 2021December 2021 | 210,000 /yr | |
| 709 | 1-bed | 1,145 sqft | AED 625KAED 625,000 · Jul 2009July 2009 | ||
| 710 | 3-bed | 2,138 sqft | AED 3.2MAED 3,200,000 · Feb 2023February 2023 | 350,000 /yr | |
| 711 | 3-bed | 2,187 sqft | AED 1.18MAED 1,175,000 · Sep 2013September 2013 | 170,000 /yr | |
| 712 | 2-bed | 1,589 sqft | AED 1.25MAED 1,250,000 · Feb 2011February 2011 | 176,091 /yr |
701, Shoreline - Abu Keibal in numbers
- Sold 3 times: first on 10 September 2009 for AED 2,410,000, last on 25 July 2023 for AED 2,900,000 (AED 1,825 per sqft).
- Rented since October 2012 on 10 Ejari contracts, from AED 110,000 to AED 144,375 a year.
- At AED 144,375 a year the gross yield on the 2023 price is 5.0%, 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 28 February 2024.
Questions about 701, Shoreline - Abu Keibal
What did unit 701 last sell for?
AED 2,900,000 on 25 July 2023: AED 1,825 per sqft for 1,589 sqft. The unit has 3 registered sales; the first was AED 2,410,000 in September 2009.
What is the rent for unit 701?
AED 144,375 a year on the contract signed on 28 February 2024. The previous contract, from February 2023, was AED 131,250; the unit has been rented since October 2012.
How big is unit 701?
1,589 sqft (147.6 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2007.
What is unit 701 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 701, Shoreline - Abu Keibal
Starts from the last sale price (AED 2.9M, 25 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →