2-bed · 1,997 sqftShoreline - Dabas, Palm Jumeirah · 3rd floor · completed 2007

306, Shoreline - Dabas

Sold prices and rental history: sold 3 times, last in July 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 16 July 2018
Last soldAED 3.07M16 July 2018
Current rentAED 190K /yr14 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Shoreline - Dabas

What is 306 worth today?

Last sold for AED 3,070,000 in 2018

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16 Jul 2018SoldReady
AED 3,070,000AED 1,537 per sqft
14 Sep 2017RentedRenewal
AED 190,000/yr12 months · AED 95 per sqft
14 Sep 2016RentedNew contract
AED 190,000/yr12 months · AED 95 per sqft
29 Aug 2015RentedRenewal
AED 210,000/yr12 months · AED 105 per sqft
29 Aug 2014RentedNew contract
AED 210,000/yr12 months · AED 105 per sqft
29 Aug 2013RentedNew contract
AED 210,000/yr12 months · AED 105 per sqft
28 Jan 2010SoldReady
AED 3,264,000AED 1,634 per sqft
20 Apr 2009Sold by developerReady
AED 1,050,000AED 525 per sqft

Source: Dubai Land Department. Updated 16 July 2018.

Key facts

Type
2-bed apartment
Size
1,997 sqft
Floor
3rd of 9
Parking
B2-47
Developer
Nakheel
Completed
2007
Service charge
AED 28,500 /yr
Last sold
AED 3.07M · July 2018

About 306, Shoreline - Dabas

306 is a two-bedroom apartment of 1,997 sqft on the 3rd floor of Shoreline - Dabas, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 16 July 2018 for AED 3,070,000, or AED 1,537 per sqft, in line with the AED 1,504 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 14 September 2017, is AED 190,000 a year: a gross yield of 6.2% on the 2018 price, before the service charge of about AED 28,500 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical two-bed in Shoreline - Dabas
2.5M5M2009201420192024Typical 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 1,050,000 (AED 525 per sqft)Sold, January 2010: AED 3,264,000 (AED 1,634 per sqft)Sold, July 2018: AED 3,070,000 (AED 1,537 per sqft)

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

Rents
Unit 306, each contractTypical two-bed in Shoreline - Dabas
150K200K250K2012201620202024Typical 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, August 2013: AED 210,000 a yearNew contract, August 2014: AED 210,000 a yearRenewal, August 2015: AED 210,000 a yearNew contract, September 2016: AED 190,000 a yearRenewal, September 2017: AED 190,000 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 306 sits

All 54 2-beds →

306 last sold in July 2018 at AED 1,537 per sqft, in line with what two-beds in Shoreline - Dabas were fetching at the time (AED 1,504). 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. 306's AED 190,000 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 3rd floor

All 107 units in Shoreline - Dabas
Value
3012-bedAED 800K · Mar 2009
3023-bedAED 1.15M · Mar 2009
3033-bedAED 1.25M · Mar 2009
3041-bedAED 1.8M · Feb 2016
3052-bedAED 5.79M · Jan 2026
3072-bedAED 1.05M · Mar 2009
3082-bedAED 2.9M · May 2013
1–7 of 11

306, Shoreline - Dabas in numbers

  • Sold 3 times: first on 20 April 2009 for AED 1,050,000, last on 16 July 2018 for AED 3,070,000 (AED 1,537 per sqft).
  • Rented since August 2013 on 5 Ejari contracts, from AED 210,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2018 price is 6.2%, before a service charge of about AED 28,500 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 16 July 2018.

Questions about 306, Shoreline - Dabas

What did unit 306 last sell for?

AED 3,070,000 on 16 July 2018: AED 1,537 per sqft for 1,997 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in April 2009.

What is the rent for unit 306?

AED 190,000 a year on the contract renewed on 14 September 2017. The previous contract, from September 2016, was AED 190,000; the unit has been rented since August 2013.

How big is unit 306?

1,997 sqft (185.5 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 306 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 306, Shoreline - Dabas

Starts from the last sale price (AED 3.07M, 16 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,070,000
Deposit, UAE resident (20%)
AED 614,000
Deposit, non-resident (40%)
AED 1,228,000
Monthly over 25 years at 3.7%
AED 12,560

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