2-bed · 2,000 sqftShoreline - Abu Keibal, Palm Jumeirah · 7th floor · completed 2007

707, Shoreline - Abu Keibal

Sold prices and rental history: sold 4 times, last in March 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 21 March 2021
Last soldAED 1.85M21 March 2021
Current rentAED 142K /yr17 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Shoreline - Abu Keibal

What is 707 worth today?

Last sold for AED 1,850,000 in 2021

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21 Mar 2021SoldReady
AED 1,850,000AED 925 per sqft
17 Dec 2019RentedRenewal
AED 142,100/yr12 months · AED 71 per sqft
17 Dec 2018RentedNew contract
AED 145,000/yr12 months · AED 72 per sqft
5 Feb 2017SoldReady
AED 2,600,000AED 1,300 per sqft
25 Jul 2013SoldReady
AED 2,450,000AED 1,225 per sqft
23 Apr 2009Sold by developerReady
AED 3,700,000AED 1,850 per sqft

Source: Dubai Land Department. Updated 21 March 2021.

Key facts

Type
2-bed apartment
Size
2,000 sqft
Floor
7th of 8
Parking
B2-129
Developer
Nakheel
Completed
2007
Service charge
AED 29,500 /yr
Last sold
AED 1.85M · March 2021

About 707, Shoreline - Abu Keibal

707 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 21 March 2021 for AED 1,850,000, or AED 925 per sqft, 11% above the AED 834 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 17 December 2019, is AED 142,100 a year: a gross yield of 7.7% on the 2021 price, before the service charge of about AED 29,500 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical two-bed in Shoreline - Abu Keibal
2M4M20092013201720212025Typical 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 3,700,000 (AED 1,850 per sqft)Sold, July 2013: AED 2,450,000 (AED 1,225 per sqft)Sold, February 2017: AED 2,600,000 (AED 1,300 per sqft)Sold, March 2021: AED 1,850,000 (AED 925 per sqft)

707 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 707, each contractTypical two-bed in Shoreline - Abu Keibal
100K150K200K2012201620202024Typical 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, December 2018: AED 145,000 a yearRenewal, December 2019: AED 142,100 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 707 sits

All 48 2-beds →

707 last sold in March 2021 at AED 925 per sqft, 11% above what two-beds in Shoreline - Abu Keibal were fetching at the time (AED 834). 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. 707's AED 142,100 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 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
7041-bedAED 625K · Jul 2009
7052-bedAED 1.3M · Jul 2011
7062-bedAED 2.67M · Jul 2022
7082-bedAED 2.08M · Dec 2021
1–7 of 11

707, Shoreline - Abu Keibal in numbers

  • Sold 4 times: first on 23 April 2009 for AED 3,700,000, last on 21 March 2021 for AED 1,850,000 (AED 925 per sqft).
  • Rented since December 2018 on 2 Ejari contracts, from AED 145,000 to AED 142,100 a year.
  • At AED 142,100 a year the gross yield on the 2021 price is 7.7%, 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 21 March 2021.

Questions about 707, Shoreline - Abu Keibal

What did unit 707 last sell for?

AED 1,850,000 on 21 March 2021: AED 925 per sqft for 2,000 sqft. The unit has 4 registered sales; the first was AED 3,700,000 in April 2009.

What is the rent for unit 707?

AED 142,100 a year on the contract renewed on 17 December 2019. The previous contract, from December 2018, was AED 145,000.

How big is unit 707?

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 707 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 707, Shoreline - Abu Keibal

Starts from the last sale price (AED 1.85M, 21 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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