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

902, Shoreline - Abu Keibal

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 4 November 2022
Last soldAED 3.28M4 November 2022
Current rentAED 170K /yr31 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Shoreline - Abu Keibal

What is 902 worth today?

Last sold for AED 3,275,000 in 2022

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4 Nov 2022SoldReady
AED 3,275,000AED 1,497 per sqft
31 Aug 2021RentedRenewal
AED 170,000/yr12 months · AED 78 per sqft
31 Aug 2020RentedNew contract
AED 170,000/yr12 months · AED 78 per sqft
31 Aug 2017RentedNew contract
AED 200,000/yr12 months · AED 92 per sqft
20 Mar 2017SoldReady
AED 2,300,000AED 1,051 per sqft
1 Sep 2016RentedRenewal
AED 200,000/yr12 months · AED 92 per sqft
1 Sep 2015RentedRenewal
AED 200,000/yr12 months · AED 92 per sqft
23 Apr 2009Sold by developerReady
AED 1,175,000AED 537 per sqft

Source: Dubai Land Department. Updated 4 November 2022.

Key facts

Type
3-bed apartment
Size
2,187 sqft
Parking
B2-81,B2-82
Developer
Nakheel
Completed
2007
Service charge
AED 32,200 /yr
Last sold
AED 3.28M · November 2022

About 902, Shoreline - Abu Keibal

902 is a three-bedroom apartment of 2,187 sqft of Shoreline - Abu Keibal, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 4 November 2022 for AED 3,275,000, or AED 1,497 per sqft.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 31 August 2021, is AED 170,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 32,200 a year.

Sales and rents for 902 over time

Sales
Unit 902, 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, April 2009: AED 1,175,000 (AED 537 per sqft)Sold, March 2017: AED 2,300,000 (AED 1,051 per sqft)Sold, November 2022: AED 3,275,000 (AED 1,497 per sqft)

902 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 902, 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 222,875Renewal, September 2015: AED 200,000 a yearRenewal, September 2016: AED 200,000 a yearNew contract, August 2017: AED 200,000 a yearNew contract, August 2020: AED 170,000 a yearRenewal, August 2021: 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 902 sits

All 36 3-beds →

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. 902'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 →

902, Shoreline - Abu Keibal in numbers

  • Sold 3 times: first on 23 April 2009 for AED 1,175,000, last on 4 November 2022 for AED 3,275,000 (AED 1,497 per sqft).
  • Rented since September 2015 on 5 Ejari contracts, from AED 200,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2022 price is 5.2%, 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 4 November 2022.

Questions about 902, Shoreline - Abu Keibal

What did unit 902 last sell for?

AED 3,275,000 on 4 November 2022: AED 1,497 per sqft for 2,187 sqft. The unit has 3 registered sales; the first was AED 1,175,000 in April 2009.

What is the rent for unit 902?

AED 170,000 a year on the contract renewed on 31 August 2021. The previous contract, from August 2020, was AED 170,000; the unit has been rented since September 2015.

How big is unit 902?

2,187 sqft (203.2 sqm): a three-bedroom apartment of a 8-storey tower completed in 2007.

What is unit 902 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 902, Shoreline - Abu Keibal

Starts from the last sale price (AED 3.28M, 4 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,275,000
Deposit, UAE resident (20%)
AED 655,000
Deposit, non-resident (40%)
AED 1,310,000
Monthly over 25 years at 3.7%
AED 13,399

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