2-bed · 1,998 sqftShoreline - Anbara, Palm Jumeirah · 4th floor · completed 2007

407, Shoreline - Anbara

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 13 July 2023
Last soldAED 3.05M13 July 2023
Current rentAED 116K /yr29 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Shoreline - Anbara

What is 407 worth today?

Last sold for AED 3,050,000 in 2023

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13 Jul 2023SoldReady
AED 3,050,000AED 1,526 per sqft
29 Nov 2022RentedNew contract
AED 115,500/yr12 months · AED 58 per sqft
29 Nov 2021RentedNew contract
AED 105,000/yr12 months · AED 52 per sqft
29 Nov 2020RentedNew contract
AED 95,000/yr12 months · AED 48 per sqft
11 Oct 2019RentedRenewal
AED 135,000/yr12 months · AED 67 per sqft
11 Oct 2018RentedNew contract
AED 138,000/yr12 months · AED 68 per sqft
8 Aug 2016SoldReady
AED 2,300,000AED 1,151 per sqft
5 Feb 2016RentedRenewal
AED 170,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 13 July 2023.

Key facts

Type
2-bed apartment
Size
1,998 sqft
Floor
4th of 9
Parking
B2-61
Developer
Nakheel
Completed
2007
Service charge
AED 27,100 /yr
Last sold
AED 3.05M · July 2023

About 407, Shoreline - Anbara

407 is a two-bedroom apartment of 1,998 sqft on the 4th floor of Shoreline - Anbara, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 13 July 2023 for AED 3,050,000, or AED 1,526 per sqft, 9% above the AED 1,396 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 29 November 2022, is AED 115,500 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 27,100 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Shoreline - Anbara
2M4M2009201420192024Typical sale price by year: 2009 AED 825,000; 2010 AED 1,018,750; 2011 AED 1,233,300; 2012 AED 1,520,000; 2013 AED 2,300,000; 2014 AED 2,655,000; 2015 AED 2,275,000; 2016 AED 2,050,000; 2019 AED 1,400,000; 2020 AED 1,395,679; 2021 AED 1,650,000; 2022 AED 2,125,000; 2023 AED 2,800,000; 2024 AED 3,675,000; 2025 AED 3,700,000Sold by developer, April 2009: AED 1,025,000 (AED 513 per sqft)Sold, August 2016: AED 2,300,000 (AED 1,151 per sqft)Sold, July 2023: AED 3,050,000 (AED 1,526 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Shoreline - Anbara
100K150K20112015201920232027Typical rent by year: 2011 AED 115,000; 2012 AED 110,000; 2013 AED 126,025; 2014 AED 149,250; 2015 AED 150,000; 2016 AED 150,000; 2017 AED 142,500; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 102,500; 2021 AED 100,000; 2022 AED 125,000; 2023 AED 141,500; 2024 AED 175,000; 2025 AED 182,000; 2026 AED 177,500New contract, February 2015: AED 170,000 a yearRenewal, February 2016: AED 170,000 a yearNew contract, October 2018: AED 138,000 a yearRenewal, October 2019: AED 135,000 a yearNew contract, November 2020: AED 95,000 a yearNew contract, November 2021: AED 105,000 a yearNew contract, November 2022: AED 115,500 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 - Anbara, and where 407 sits

All 54 2-beds →

407 last sold in July 2023 at AED 1,526 per sqft, 9% above what two-beds in Shoreline - Anbara were fetching at the time (AED 1,396). Over the last 12 months two-beds sold for AED 3,750,000 to 4,900,000, around AED 2,482 per sqft, and rent for AED 75,000 to 450,000 a year. 407's AED 115,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jun 20263,750,000
22 May 20263,850,000
23 Dec 20254,900,000
13 Oct 20253,582,000
3 2-bed sales in the last 12 months

Shoreline - Anbara

Building

108 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 4 sold in the last 12 months.

Typical price per sqft
AED 2,271
Typical sale
AED 4.15M
Typical rent
AED 210K /yr
Typical yield
4.8%
Shoreline - Anbara, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 108 units in Shoreline - Anbara
Value
4012-bedAED 1M · Jan 2010
4023-bedAED 5M · Jan 2025
4033-bedAED 1.15M · Apr 2009
4041-bedAED 1.1M · Feb 2019
4052-bedAED 2.1M · Feb 2017
4062-bedAED 2.8M · Mar 2023
4082-bedAED 1.7M · Mar 2013
1–7 of 11

407, Shoreline - Anbara in numbers

  • Sold 3 times: first on 27 April 2009 for AED 1,025,000, last on 13 July 2023 for AED 3,050,000 (AED 1,526 per sqft).
  • Rented since February 2015 on 7 Ejari contracts. The rent fell from AED 170,000 to AED 95,000 in 2020 and recovered to AED 115,500 by November 2022.
  • At AED 115,500 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 27,100 a year (AED 13.58 per sqft).
  • Two-beds in Shoreline - Anbara sold for AED 3,750,000–4,900,000 in the 12 months to November 2026; the building's median across all types is AED 2,271 per sqft.

Source: Dubai Land Department. Updated 13 July 2023.

Questions about 407, Shoreline - Anbara

What did unit 407 last sell for?

AED 3,050,000 on 13 July 2023: AED 1,526 per sqft for 1,998 sqft. The unit has 3 registered sales; the first was AED 1,025,000 in April 2009.

What is the rent for unit 407?

AED 115,500 a year on the contract signed on 29 November 2022. The previous contract, from November 2021, was AED 105,000; the unit has been rented since February 2015.

How big is unit 407?

1,998 sqft (185.6 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Anbara sold for AED 3,750,000 to 4,900,000 in the last 12 months, around AED 2,482 per sqft.

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Mortgage on 407, Shoreline - Anbara

Starts from the last sale price (AED 3.05M, 13 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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