3-bed · 2,213 sqftShoreline - Dabas, Palm Jumeirah · 4th floor · completed 2007

402, Shoreline - Dabas

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 12 May 2023
Last soldAED 3.43M12 May 2023
Current rentAED 180K /yr20 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Shoreline - Dabas

What is 402 worth today?

Last sold for AED 3,425,000 in 2023

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12 May 2023SoldReady
AED 3,425,000AED 1,547 per sqft
20 Nov 2022RentedRenewal
AED 180,000/yr12 months · AED 82 per sqft
20 Nov 2021RentedRenewal
AED 140,000/yr12 months · AED 63 per sqft
20 Nov 2020RentedRenewal
AED 120,000/yr12 months · AED 54 per sqft
20 Nov 2019RentedRenewal
AED 138,000/yr12 months · AED 62 per sqft
20 Nov 2018RentedNew contract
AED 150,000/yr12 months · AED 68 per sqft
24 Apr 2018RentedRenewal
AED 175,000/yr12 months · AED 79 per sqft
24 Apr 2017RentedRenewal
AED 185,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 12 May 2023.

Key facts

Type
3-bed apartment
Size
2,213 sqft
Floor
4th of 9
Parking
2B2-48,2B2-49
Developer
Nakheel
Completed
2007
Service charge
AED 31,600 /yr
Last sold
AED 3.43M · May 2023

About 402, Shoreline - Dabas

402 is a three-bedroom apartment of 2,213 sqft on the 4th floor of Shoreline - Dabas, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 12 May 2023 for AED 3,425,000, or AED 1,547 per sqft, in line with the AED 1,540 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 20 November 2022, is AED 180,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 31,600 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Shoreline - Dabas
2M4M2009201420192024Typical sale price by year: 2009 AED 1,275,000; 2011 AED 2,300,000; 2013 AED 2,765,000; 2023 AED 3,661,594; 2025 AED 5,100,000Sold by developer, April 2009: AED 1,150,000 (AED 519 per sqft)Sold, July 2011: AED 2,050,000 (AED 926 per sqft)Sold, May 2023: AED 3,425,000 (AED 1,547 per sqft)

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

Rents
Unit 402, each contractTypical three-bed in Shoreline - Dabas
100K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 187,500; 2014 AED 215,000; 2015 AED 212,500; 2016 AED 185,000; 2017 AED 177,500; 2018 AED 165,000; 2019 AED 145,000; 2020 AED 125,000; 2021 AED 135,000; 2022 AED 151,750; 2023 AED 176,528; 2024 AED 240,000; 2025 AED 255,000; 2026 AED 250,000New contract, September 2012: AED 90,000 a yearNew contract, April 2013: AED 190,000 a yearRenewal, April 2014: AED 209,000 a yearNew contract, April 2015: AED 209,000 a yearNew contract, April 2016: AED 185,000 a yearRenewal, April 2017: AED 185,000 a yearRenewal, April 2018: AED 175,000 a yearNew contract, November 2018: AED 150,000 a yearRenewal, November 2019: AED 138,000 a yearRenewal, November 2020: AED 120,000 a yearRenewal, November 2021: AED 140,000 a yearRenewal, November 2022: AED 180,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shoreline - Dabas, and where 402 sits

All 39 3-beds →

402 last sold in May 2023 at AED 1,547 per sqft, in line with what three-beds in Shoreline - Dabas were fetching at the time (AED 1,540). Over the last 12 months three-beds sold for AED 5,500,000 to 5,900,000, around AED 2,639 per sqft, and rent for AED 218,500 to 470,000 a year. 402's AED 180,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
1 Apr 20265,500,000
8 Dec 20255,900,000
31 Oct 20255,100,000
14 Mar 20254,975,000
2 3-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 4th floor

All 107 units in Shoreline - Dabas
Value
4012-bedAED 2.85M · Nov 2022
4033-bedAED 5M · Mar 2009
4041-bedAED 660K · Apr 2009
4052-bedAED 4.75M · Nov 2023
4062-bedAED 1.05M · Apr 2009
4072-bedAED 1.05M · Mar 2009
4082-bedAED 2.38M · Sep 2012
1–7 of 11

402, Shoreline - Dabas in numbers

  • Sold 3 times: first on 20 April 2009 for AED 1,150,000, last on 12 May 2023 for AED 3,425,000 (AED 1,547 per sqft).
  • Rented since September 2012 on 12 Ejari contracts, from AED 90,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 31,600 a year (AED 14.26 per sqft).
  • Three-beds in Shoreline - Dabas sold for AED 5,500,000–5,900,000 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 12 May 2023.

Questions about 402, Shoreline - Dabas

What did unit 402 last sell for?

AED 3,425,000 on 12 May 2023: AED 1,547 per sqft for 2,213 sqft. The unit has 3 registered sales; the first was AED 1,150,000 in April 2009.

What is the rent for unit 402?

AED 180,000 a year on the contract renewed on 20 November 2022. The previous contract, from November 2021, was AED 140,000; the unit has been rented since September 2012.

How big is unit 402?

2,213 sqft (205.6 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Dabas sold for AED 5,500,000 to 5,900,000 in the last 12 months, around AED 2,639 per sqft.

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Mortgage on 402, Shoreline - Dabas

Starts from the last sale price (AED 3.43M, 12 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,425,000
Deposit, UAE resident (20%)
AED 685,000
Deposit, non-resident (40%)
AED 1,370,000
Monthly over 25 years at 3.7%
AED 14,013

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