2-bed · 1,586 sqftShoreline - Dabas, Palm Jumeirah · 2nd floor · completed 2007

212, Shoreline - Dabas

Sold prices and rental history: sold 3 times, last in September 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 10 September 2019
Last soldAED 1.25M10 September 2019
Current rentAED 115K /yr7 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Shoreline - Dabas

What is 212 worth today?

Last sold for AED 1,250,000 in 2019

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10 Sep 2019SoldReady
AED 1,250,000AED 788 per sqft
7 Aug 2018RentedNew contract
AED 115,000/yr12 months · AED 73 per sqft
5 Apr 2018SoldReady
AED 1,675,000AED 1,056 per sqft
10 Jul 2017RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
1 Jun 2016RentedRenewal
AED 150,000/yr12 months · AED 95 per sqft
1 Jun 2015RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft
31 May 2014RentedNew contract
AED 170,000/yr12 months · AED 107 per sqft
15 Jan 2013RentedNew contract
AED 126,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 10 September 2019.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
2nd of 9
Parking
B2-29
Developer
Nakheel
Completed
2007
Service charge
AED 22,600 /yr
Last sold
AED 1.25M · September 2019

About 212, Shoreline - Dabas

212 is a two-bedroom apartment of 1,586 sqft on the 2nd floor of Shoreline - Dabas, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 10 September 2019 for AED 1,250,000, or AED 788 per sqft, 40% below the AED 1,316 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 7 August 2018, is AED 115,000 a year: a gross yield of 9.2% on the 2019 price, before the service charge of about AED 22,600 a year.

Sales and rents for 212 over time

Sales
Unit 212, each saleTypical two-bed in Shoreline - Dabas
02.5M5M2009201420192024Typical sale price by year: 2009 AED 895,000; 2010 AED 2,850,000; 2011 AED 1,650,000; 2012 AED 2,762,500; 2013 AED 2,900,000; 2014 AED 3,600,000; 2015 AED 2,156,000; 2016 AED 2,150,000; 2017 AED 1,862,500; 2018 AED 3,000,000; 2019 AED 2,600,000; 2022 AED 3,025,000; 2023 AED 4,300,000; 2025 AED 4,575,000; 2026 AED 5,642,500Sold by developer, April 2009: AED 800,000 (AED 504 per sqft)Sold, April 2018: AED 1,675,000 (AED 1,056 per sqft)Sold, September 2019: AED 1,250,000 (AED 788 per sqft)

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

Rents
Unit 212, each contractTypical two-bed in Shoreline - Dabas
100K200K2012201620202024Typical rent by year: 2012 AED 170,000; 2013 AED 166,500; 2014 AED 170,000; 2015 AED 190,000; 2016 AED 190,000; 2017 AED 180,000; 2018 AED 174,867; 2019 AED 150,000; 2020 AED 130,000; 2021 AED 135,750; 2022 AED 138,250; 2023 AED 160,000; 2024 AED 183,750; 2025 AED 235,000; 2026 AED 187,000New contract, January 2013: AED 126,000 a yearNew contract, May 2014: AED 170,000 a yearNew contract, June 2015: AED 150,000 a yearRenewal, June 2016: AED 150,000 a yearNew contract, July 2017: AED 120,000 a yearNew contract, August 2018: AED 115,000 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 - Dabas, and where 212 sits

All 54 2-beds →

212 last sold in September 2019 at AED 788 per sqft, 40% below what two-beds in Shoreline - Dabas were fetching at the time (AED 1,316). Over the last 12 months two-beds sold for AED 4,200,000 to 7,150,000, around AED 3,566 per sqft, and rent for AED 50,000 to 380,000 a year. 212's AED 115,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Aug 20265,500,000
8 May 20264,200,000
9 Apr 20267,150,000
7 Jan 20265,785,000
4 2-bed sales in the last 12 months

Shoreline - Dabas

Building

107 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 7 sold in the last 12 months.

Typical price per sqft
AED 2,790
Typical sale
AED 5.79M
Typical rent
AED 219K /yr
Typical yield
4.7%
Shoreline - Dabas, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 107 units in Shoreline - Dabas
Value
2012-bedAED 1.9M · Oct 2014
2023-bedAED 2M · Apr 2009
2033-bedAED 1.25M · Mar 2009
2041-bedAED 660K · Mar 2009
2052-bedAED 2.3M · Apr 2020
2062-bedAED 4.48M · Sep 2022
2072-bedAED 3.5M · Jan 2019
1–7 of 11

212, Shoreline - Dabas in numbers

  • Sold 3 times: first on 21 April 2009 for AED 800,000, last on 10 September 2019 for AED 1,250,000 (AED 788 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 126,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2019 price is 9.2%, before a service charge of about AED 22,600 a year (AED 14.26 per sqft).
  • Two-beds in Shoreline - Dabas sold for AED 4,200,000–7,150,000 in the 12 months to November 2026; the building's median across all types is AED 2,790 per sqft.

Source: Dubai Land Department. Updated 10 September 2019.

Questions about 212, Shoreline - Dabas

What did unit 212 last sell for?

AED 1,250,000 on 10 September 2019: AED 788 per sqft for 1,586 sqft. The unit has 3 registered sales; the first was AED 800,000 in April 2009.

What is the rent for unit 212?

AED 115,000 a year on the contract signed on 7 August 2018. The previous contract, from July 2017, was AED 120,000; the unit has been rented since January 2013.

How big is unit 212?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2007.

What is unit 212 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Dabas sold for AED 4,200,000 to 7,150,000 in the last 12 months, around AED 3,566 per sqft.

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Mortgage on 212, Shoreline - Dabas

Starts from the last sale price (AED 1.25M, 10 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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