702, Shoreline - Abu Keibal
Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Shoreline - Abu Keibal
What is 702 worth today?
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Source: Dubai Land Department. Updated 15 October 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,187 sqft
- Floor
- 7th of 8
- Parking
- B1-28,B1-29
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 32,200 /yr
- Last sold
- AED 1.18M · December 2012
- Building
- Shoreline - Abu Keibal
About 702, Shoreline - Abu Keibal
702 is a three-bedroom apartment of 2,187 sqft on the 7th floor of Shoreline - Abu Keibal, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 9 December 2012 for AED 1,175,000, or AED 537 per sqft, 39% below the AED 880 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 15 October 2022, is AED 159,500 a year: a gross yield of 13.6% on the 2012 price, before the service charge of about AED 32,200 a year.
Sales and rents for 702 over time
702 has sold once; the dashed line is the three-bed median of each year in the building.
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 702 sits
All 36 3-beds →702 last sold in December 2012 at AED 537 per sqft, 39% below what three-beds in Shoreline - Abu Keibal were fetching at the time (AED 880). 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. 702's AED 159,500 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jun 202616 June 2026 | 2,218 sqft | 4,800,000 | 2,164 | ||
| 1 Sep 20251 September 2025 | 2,157 sqft | 5,000,000 | 2,318 | ||
| 26 Apr 202526 April 2025 | 2,241 sqft | 4,350,000 | 1,940 | ||
| 30 May 202430 May 2024 | 2,187 sqft | 4,450,000 | 2,034 |
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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,589 sqft | AED 2.9MAED 2,900,000 · Jul 2023July 2023 | 144,375 /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 |
702, Shoreline - Abu Keibal in numbers
- Sold once: by Nakheel on 9 December 2012 for AED 1,175,000, or AED 537 per sqft.
- Rented since March 2013 on 10 Ejari contracts. The rent fell from AED 165,000 to AED 130,000 in 2020 and recovered to AED 159,500 by October 2022.
- At AED 159,500 a year the gross yield on the 2012 price is 13.6%, before a service charge of about AED 32,200 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 15 October 2022.
Questions about 702, Shoreline - Abu Keibal
What did unit 702 last sell for?
AED 1,175,000 on 9 December 2012, sold by the developer: AED 537 per sqft for 2,187 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 159,500 a year on the contract renewed on 15 October 2022. The previous contract, from October 2020, was AED 130,000; the unit has been rented since March 2013.
How big is unit 702?
2,187 sqft (203.2 sqm): a three-bedroom apartment on the 7th floor of a 8-storey tower completed in 2007.
What is unit 702 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 702, Shoreline - Abu Keibal
Starts from the last sale price (AED 1.18M, 9 December 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 →