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2-bed · 1,551 sqftShoreline - Abu Keibal, Palm Jumeirah · completed 2007

908, Shoreline - Abu Keibal

Sold prices and rental history: sold 5 times, last in December 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 16 April 2023
Last soldAED 1.85M24 December 2018
Current rentAED 145K /yr16 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 908, Shoreline - Abu Keibal

What is 908 worth today?

Last sold for AED 1,850,000 in 2018

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16 Apr 2023RentedRenewal
AED 145,000/yr12 months · AED 94 per sqft
16 Apr 2022RentedNew contract
AED 145,000/yr12 months · AED 94 per sqft
16 Apr 2021RentedNew contract
AED 110,000/yr12 months · AED 71 per sqft
1 May 2020RentedRenewal
AED 109,000/yr12 months · AED 70 per sqft
1 May 2019RentedNew contract
AED 115,000/yr12 months · AED 74 per sqft
24 Dec 2018SoldReady
AED 1,850,000AED 1,192 per sqft
10 Jan 2018RentedRenewal
AED 165,000/yr12 months · AED 106 per sqft
10 Jan 2017RentedRenewal
AED 165,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 16 April 2023.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Parking
B2-155
Developer
Nakheel
Completed
2007
Service charge
AED 22,800 /yr
Last sold
AED 1.85M · December 2018
Building
Shoreline - Abu Keibal

About 908, Shoreline - Abu Keibal

908 is a two-bedroom apartment of 1,551 sqft of Shoreline - Abu Keibal, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 24 December 2018 for AED 1,850,000, or AED 1,192 per sqft, 13% above the AED 1,051 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 16 April 2023, is AED 145,000 a year: a gross yield of 7.8% on the 2018 price, before the service charge of about AED 22,800 a year.

Sales and rents for 908 over time

Sales
Unit 908, 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 2009: AED 815,000 (AED 525 per sqft)Sold, June 2009: AED 1,400,000 (AED 902 per sqft)Sold, May 2012: AED 1,500,000 (AED 967 per sqft)Sold, December 2012: AED 1,750,000 (AED 1,128 per sqft)Sold, December 2018: AED 1,850,000 (AED 1,192 per sqft)

908 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 908, 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, January 2013: AED 135,000 a yearNew contract, January 2014: AED 140,000 a yearNew contract, January 2015: AED 165,000 a yearRenewal, January 2016: AED 175,000 a yearRenewal, January 2017: AED 165,000 a yearRenewal, January 2018: AED 165,000 a yearNew contract, May 2019: AED 115,000 a yearRenewal, May 2020: AED 109,000 a yearNew contract, April 2021: AED 110,000 a yearNew contract, April 2022: AED 145,000 a yearRenewal, April 2023: AED 145,000 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 908 sits

All 48 2-beds →

908 last sold in December 2018 at AED 1,192 per sqft, 13% above what two-beds in Shoreline - Abu Keibal were fetching at the time (AED 1,051). 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. 908's AED 145,000 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 →

908, Shoreline - Abu Keibal in numbers

  • Sold 5 times: first on 23 April 2009 for AED 815,000, last on 24 December 2018 for AED 1,850,000 (AED 1,192 per sqft).
  • Rented since January 2013 on 11 Ejari contracts. The rent fell from AED 135,000 to AED 109,000 in 2020 and recovered to AED 145,000 by April 2023.
  • At AED 145,000 a year the gross yield on the 2018 price is 7.8%, before a service charge of about AED 22,800 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 16 April 2023.

Questions about 908, Shoreline - Abu Keibal

What did unit 908 last sell for?

AED 1,850,000 on 24 December 2018: AED 1,192 per sqft for 1,551 sqft. The unit has 5 registered sales; the first was AED 815,000 in April 2009.

What is the rent for unit 908?

AED 145,000 a year on the contract renewed on 16 April 2023. The previous contract, from April 2022, was AED 145,000; the unit has been rented since January 2013.

How big is unit 908?

1,551 sqft (144.1 sqm): a two-bedroom apartment of a 8-storey tower completed in 2007.

What is unit 908 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 908, Shoreline - Abu Keibal

Starts from the last sale price (AED 1.85M, 24 December 2018). 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 →