2-bed · 1,551 sqftShoreline - Dabas, Palm Jumeirah · 3rd floor · completed 2007

308, Shoreline - Dabas

Sold prices and rental history: sold 3 times, last in May 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 24 June 2024
Last soldAED 2.9M7 May 2013
Current rentAED 200K /yr24 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Shoreline - Dabas

What is 308 worth today?

Last sold for AED 2,900,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 Jun 2024RentedNew contract
AED 200,000/yr13 months · AED 129 per sqft
10 Feb 2023RentedNew contract
AED 210,000/yr12 months · AED 135 per sqft
30 Sep 2022RentedRenewal
AED 180,000/yr12 months · AED 116 per sqft
30 Sep 2021RentedNew contract
AED 136,500/yr12 months · AED 88 per sqft
30 Sep 2020RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft
13 Mar 2019RentedRenewal
AED 155,000/yr12 months · AED 100 per sqft
20 Feb 2017RentedRenewal
AED 180,000/yr12 months · AED 116 per sqft
20 Feb 2016RentedNew contract
AED 180,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 24 June 2024.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
3rd of 9
Parking
B2-153
Developer
Nakheel
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 2.9M · May 2013

About 308, Shoreline - Dabas

308 is a two-bedroom apartment of 1,551 sqft on the 3rd floor of Shoreline - Dabas, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 7 May 2013 for AED 2,900,000, or AED 1,870 per sqft, 29% above the AED 1,452 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 24 June 2024, is AED 200,000 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 22,100 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, May 2009: AED 3,800,000 (AED 2,450 per sqft)Sold, June 2009: AED 2,200,000 (AED 1,418 per sqft)Sold, May 2013: AED 2,900,000 (AED 1,870 per sqft)

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

Rents
Unit 308, 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, September 2012: AED 175,000 a yearNew contract, February 2014: AED 200,000 a yearNew contract, February 2015: AED 200,000 a yearNew contract, February 2016: AED 180,000 a yearRenewal, February 2017: AED 180,000 a yearRenewal, March 2019: AED 155,000 a yearNew contract, September 2020: AED 130,000 a yearNew contract, September 2021: AED 136,500 a yearRenewal, September 2022: AED 180,000 a yearNew contract, February 2023: AED 210,000 a yearNew contract, June 2024: AED 200,000 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 308 sits

All 54 2-beds →

308 last sold in May 2013 at AED 1,870 per sqft, 29% above what two-beds in Shoreline - Dabas were fetching at the time (AED 1,452). 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. 308's AED 200,000 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
3062-bedAED 3.07M · Jul 2018
3072-bedAED 1.05M · Mar 2009
1–7 of 11

308, Shoreline - Dabas in numbers

  • Sold 3 times: first on 14 May 2009 for AED 3,800,000, last on 7 May 2013 for AED 2,900,000 (AED 1,870 per sqft).
  • Rented since September 2012 on 11 Ejari contracts. The rent fell from AED 175,000 to AED 130,000 in 2020 and recovered to AED 200,000 by June 2024.
  • At AED 200,000 a year the gross yield on the 2013 price is 6.9%, before a service charge of about AED 22,100 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 24 June 2024.

Questions about 308, Shoreline - Dabas

What did unit 308 last sell for?

AED 2,900,000 on 7 May 2013: AED 1,870 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 3,800,000 in May 2009.

What is the rent for unit 308?

AED 200,000 a year on the contract signed on 24 June 2024. The previous contract, from February 2023, was AED 210,000; the unit has been rented since September 2012.

How big is unit 308?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 308 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.

Selling 308? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 308, Shoreline - Dabas

Starts from the last sale price (AED 2.9M, 7 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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