2-bed · 2,000 sqftShoreline - Abu Keibal, Palm Jumeirah · 8th floor · completed 2007

806, Shoreline - Abu Keibal

Sold prices and rental history: sold 4 times, last in August 2020, and rented once, from October 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 27 August 2020
Last soldAED 1.7M27 August 2020
Current rentAED 235K /yr31 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Shoreline - Abu Keibal

What is 806 worth today?

Last sold for AED 1,700,000 in 2020

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27 Aug 2020SoldReady
AED 1,700,000AED 850 per sqft
31 Oct 2015RentedNew contract
AED 235,000/yr12 months · AED 117 per sqft
22 Jun 2014SoldReady
AED 2,784,624AED 1,392 per sqft
15 Aug 2013SoldReady
AED 2,300,000AED 1,150 per sqft
29 Apr 2010Sold by developerReady
AED 2,450,000AED 1,225 per sqft

Source: Dubai Land Department. Updated 27 August 2020.

Key facts

Type
2-bed apartment
Size
2,000 sqft
Floor
8th of 8
Parking
B2-139
Developer
Nakheel
Completed
2007
Service charge
AED 29,500 /yr
Last sold
AED 1.7M · August 2020

About 806, Shoreline - Abu Keibal

806 is a two-bedroom apartment of 2,000 sqft on the 8th floor of Shoreline - Abu Keibal, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 27 August 2020 for AED 1,700,000, or AED 850 per sqft, in line with the AED 850 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 October 2015. The current contract, signed on 31 October 2015, is AED 235,000 a year: a gross yield of 13.8% on the 2020 price, before the service charge of about AED 29,500 a year.

Sales and rents for 806 over time

Sales
Unit 806, each saleTypical two-bed in Shoreline - Abu Keibal
2M20092013201720212025Typical 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 2010: AED 2,450,000 (AED 1,225 per sqft)Sold, August 2013: AED 2,300,000 (AED 1,150 per sqft)Sold, June 2014: AED 2,784,624 (AED 1,392 per sqft)Sold, August 2020: AED 1,700,000 (AED 850 per sqft)

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

Rents
Unit 806, each contractTypical two-bed in Shoreline - Abu Keibal
100K200K2012201620202024Typical 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, October 2015: AED 235,000 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 806 sits

All 48 2-beds →

806 last sold in August 2020 at AED 850 per sqft, in line with what two-beds in Shoreline - Abu Keibal were fetching at the time (AED 850). 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. 806's AED 235,000 is in the lower half 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 8th floor

All 96 units in Shoreline - Abu Keibal
Value
8012-bedAED 825K · Jan 2011
8023-bedAED 1.18M · Apr 2009
8033-bedAED 2.95M · Jan 2023
8041-bedAED 625K · Jul 2009
8052-bedAED 1.5M · Jul 2009
8072-bedAED 1.4M · Aug 2011
8082-bedAED 2.3M · Sep 2021
1–7 of 11

806, Shoreline - Abu Keibal in numbers

  • Sold 4 times: first on 29 April 2010 for AED 2,450,000, last on 27 August 2020 for AED 1,700,000 (AED 850 per sqft).
  • Rented since October 2015 on one Ejari contract, at AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2020 price is 13.8%, 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 27 August 2020.

Questions about 806, Shoreline - Abu Keibal

What did unit 806 last sell for?

AED 1,700,000 on 27 August 2020: AED 850 per sqft for 2,000 sqft. The unit has 4 registered sales; the first was AED 2,450,000 in April 2010.

What is the rent for unit 806?

AED 235,000 a year on the contract signed on 31 October 2015.

How big is unit 806?

2,000 sqft (185.8 sqm): a two-bedroom apartment on the 8th floor of a 8-storey tower completed in 2007.

What is unit 806 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 806, Shoreline - Abu Keibal

Starts from the last sale price (AED 1.7M, 27 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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