1-bed · 1,145 sqftShoreline - Abu Keibal, Palm Jumeirah · 7th floor · completed 2007

704, Shoreline - Abu Keibal

Sold prices and rental history: sold once, by the developer in July 2009, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 625K12 July 2009
Current rentAED 135K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Shoreline - Abu Keibal

What is 704 worth today?

Last sold for AED 625,000 in 2009

Unlock today's estimate, updated daily, with

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

15 Oct 2024RentedNew contract
AED 135,000/yr12 months · AED 118 per sqft
12 Jul 2009Sold by developerReady
AED 625,000AED 546 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
7th of 8
Parking
B2-126
Developer
Nakheel
Completed
2007
Service charge
AED 16,900 /yr
Last sold
AED 625K · July 2009

About 704, Shoreline - Abu Keibal

704 is a one-bedroom apartment of 1,145 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 12 July 2009 for AED 625,000, or AED 546 per sqft, in line with the AED 546 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 October 2024. The current contract, signed on 15 October 2024, is AED 135,000 a year: a gross yield of 21.6% on the 2009 price, before the service charge of about AED 16,900 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, July 2009: AED 625,000 (AED 546 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Shoreline - Abu Keibal
75K100K125K2013201720212025Typical 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, October 2024: AED 135,000 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 704 sits

All 20 1-beds →

704 last sold in July 2009 at AED 546 per sqft, in line with what one-beds in Shoreline - Abu Keibal were fetching at the time (AED 546). 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. 704's AED 135,000 is in the upper 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 7th floor

All 96 units in Shoreline - Abu Keibal
Value
7012-bedAED 2.9M · Jul 2023
7023-bedAED 1.18M · Dec 2012
7033-bedAED 2.23M · Mar 2015
7052-bedAED 1.3M · Jul 2011
7062-bedAED 2.67M · Jul 2022
7072-bedAED 1.85M · Mar 2021
7082-bedAED 2.08M · Dec 2021
1–7 of 11

704, Shoreline - Abu Keibal in numbers

  • Sold once: by Nakheel on 12 July 2009 for AED 625,000, or AED 546 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2009 price is 21.6%, 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 15 October 2024.

Questions about 704, Shoreline - Abu Keibal

What did unit 704 last sell for?

AED 625,000 on 12 July 2009, sold by the developer: AED 546 per sqft for 1,145 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 135,000 a year on the contract signed on 15 October 2024.

How big is unit 704?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2007.

What is unit 704 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 704? 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 704, Shoreline - Abu Keibal

Starts from the last sale price (AED 625K, 12 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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