3-bed · 2,187 sqftShoreline - Abu Keibal, Palm Jumeirah · 7th floor · completed 2007

711, Shoreline - Abu Keibal

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 15 September 2022
Last soldAED 1.18M17 September 2013
Current rentAED 170K /yr15 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Shoreline - Abu Keibal

What is 711 worth today?

Last sold for AED 1,175,000 in 2013

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15 Sep 2022RentedRenewal
AED 170,000/yr12 months · AED 78 per sqft
15 Sep 2021RentedNew contract
AED 170,000/yr12 months · AED 78 per sqft
28 Aug 2019RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft
15 Aug 2018RentedNew contract
AED 160,000/yr12 months · AED 73 per sqft
27 Dec 2017RentedRenewal
AED 180,000/yr6 months · AED 82 per sqft
27 Aug 2017RentedRenewal
AED 189,999/yr4 months · AED 87 per sqft
27 Aug 2016RentedRenewal
AED 190,000/yr12 months · AED 87 per sqft
27 Aug 2015RentedNew contract
AED 190,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 15 September 2022.

Key facts

Type
3-bed apartment
Size
2,187 sqft
Floor
7th of 8
Parking
B1-30,B1-31
Developer
Nakheel
Completed
2007
Service charge
AED 32,200 /yr
Last sold
AED 1.18M · September 2013

About 711, Shoreline - Abu Keibal

711 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 17 September 2013 for AED 1,175,000, or AED 537 per sqft, 51% below the AED 1,088 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 15 September 2022, is AED 170,000 a year: a gross yield of 14.5% on the 2013 price, before the service charge of about AED 32,200 a year.

Sales and rents for 711 over time

Sales
Unit 711, each saleTypical three-bed in Shoreline - Abu Keibal
1M2M3M2009201320172021Typical sale price by year: 2009 AED 1,175,000; 2010 AED 1,175,000; 2011 AED 1,175,000; 2012 AED 1,900,000; 2013 AED 2,350,000; 2014 AED 3,200,000; 2015 AED 2,882,500; 2017 AED 2,600,000; 2018 AED 2,100,000; 2023 AED 3,075,000Sold by developer, September 2013: AED 1,175,000 (AED 537 per sqft)

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

Rents
Unit 711, each contractTypical three-bed in Shoreline - Abu Keibal
150K200K250K2012201620202024Typical rent by year: 2012 AED 150,000; 2013 AED 160,000; 2014 AED 190,000; 2015 AED 190,000; 2016 AED 180,000; 2017 AED 179,000; 2018 AED 165,000; 2019 AED 147,500; 2020 AED 130,000; 2021 AED 149,000; 2022 AED 159,988; 2023 AED 213,000; 2024 AED 240,000; 2025 AED 222,500; 2026 AED 222,875New contract, June 2012: AED 170,000 a yearNew contract, June 2013: AED 180,000 a yearNew contract, June 2014: AED 205,000 a yearNew contract, August 2015: AED 190,000 a yearRenewal, August 2016: AED 190,000 a yearRenewal, August 2017: AED 189,999 a yearRenewal, December 2017: AED 180,000 a yearNew contract, August 2018: AED 160,000 a yearNew contract, August 2019: AED 150,000 a yearNew contract, September 2021: AED 170,000 a yearRenewal, September 2022: AED 170,000 a year

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 711 sits

All 36 3-beds →

711 last sold in September 2013 at AED 537 per sqft, 51% below what three-beds in Shoreline - Abu Keibal were fetching at the time (AED 1,088). 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. 711's AED 170,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Jun 20264,800,000
1 Sep 20255,000,000
26 Apr 20254,350,000
30 May 20244,450,000
1 3-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
7041-bedAED 625K · Jul 2009
7052-bedAED 1.3M · Jul 2011
7062-bedAED 2.67M · Jul 2022
7072-bedAED 1.85M · Mar 2021
1–7 of 11

711, Shoreline - Abu Keibal in numbers

  • Sold once: by Nakheel on 17 September 2013 for AED 1,175,000, or AED 537 per sqft.
  • Rented since June 2012 on 11 Ejari contracts. The rent fell from AED 170,000 to AED 150,000 in 2019 and recovered to AED 170,000 by September 2022.
  • At AED 170,000 a year the gross yield on the 2013 price is 14.5%, 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 September 2022.

Questions about 711, Shoreline - Abu Keibal

What did unit 711 last sell for?

AED 1,175,000 on 17 September 2013, 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 711?

AED 170,000 a year on the contract renewed on 15 September 2022. The previous contract, from September 2021, was AED 170,000; the unit has been rented since June 2012.

How big is unit 711?

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 711 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 711, Shoreline - Abu Keibal

Starts from the last sale price (AED 1.18M, 17 September 2013). 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 →