706, Shoreline - Abu Keibal
Sold prices and rental history: sold twice, last in July 2022, 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 706, Shoreline - Abu Keibal
What is 706 worth today?
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Source: Dubai Land Department. Updated 22 July 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 2,000 sqft
- Floor
- 7th of 8
- Parking
- B2-124
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 29,500 /yr
- Last sold
- AED 2.67M · July 2022
- Building
- Shoreline - Abu Keibal
About 706, Shoreline - Abu Keibal
706 is a two-bedroom apartment of 2,000 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 22 July 2022 for AED 2,665,000, or AED 1,332 per sqft, in line with the AED 1,335 two-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 1 October 2021, is AED 115,000 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 29,500 a year.
Sales and rents for 706 over time
706 has sold twice; 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 706 sits
All 48 2-beds →706 last sold in July 2022 at AED 1,332 per sqft, in line with what two-beds in Shoreline - Abu Keibal were fetching at the time (AED 1,335). 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. 706's AED 115,000 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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,589 sqft | AED 2.9MAED 2,900,000 · Jul 2023July 2023 | 144,375 /yr | |
| 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 | |
| 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 |
706, Shoreline - Abu Keibal in numbers
- Sold twice: first on 23 April 2009 for AED 1,050,000, last on 22 July 2022 for AED 2,665,000 (AED 1,332 per sqft).
- Rented since May 2013 on 10 Ejari contracts, from AED 130,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2022 price is 4.3%, before a service charge of about AED 29,500 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 22 July 2022.
Questions about 706, Shoreline - Abu Keibal
What did unit 706 last sell for?
AED 2,665,000 on 22 July 2022: AED 1,332 per sqft for 2,000 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in April 2009.
What is the rent for unit 706?
AED 115,000 a year on the contract renewed on 1 October 2021. The previous contract, from September 2020, was AED 115,000; the unit has been rented since May 2013.
How big is unit 706?
2,000 sqft (185.8 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2007.
What is unit 706 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 706, Shoreline - Abu Keibal
Starts from the last sale price (AED 2.67M, 22 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,665,000
- Deposit, UAE resident (20%)
- AED 533,000
- Deposit, non-resident (40%)
- AED 1,066,000
- Monthly over 25 years at 3.7%
- AED 10,903
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →