2-bed · 1,551 sqftShoreline - Dabas, Palm Jumeirah · 4th floor · completed 2007

405, Shoreline - Dabas

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

Unit 405 · DLD and Ejari recordsUpdated 2 November 2023
Last soldAED 4.75M2 November 2023
Current rentAED 137K /yr22 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Shoreline - Dabas

What is 405 worth today?

Last sold for AED 4,750,000 in 2023

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2 Nov 2023SoldReady
AED 4,750,000AED 3,062 per sqft
22 Apr 2023RentedRenewal
AED 136,500/yr12 months · AED 88 per sqft
22 Apr 2022RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
22 Apr 2021RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
22 Apr 2020RentedRenewal
AED 135,000/yr12 months · AED 87 per sqft
22 Apr 2019RentedRenewal
AED 165,000/yr12 months · AED 106 per sqft
22 Apr 2018RentedRenewal
AED 180,000/yr12 months · AED 116 per sqft
22 Apr 2017RentedRenewal
AED 180,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 2 November 2023.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
4th of 9
Parking
2B2-58
Developer
Nakheel
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 4.75M · November 2023

About 405, Shoreline - Dabas

405 is a two-bedroom apartment of 1,551 sqft on the 4th floor of Shoreline - Dabas, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 2 November 2023 for AED 4,750,000, or AED 3,062 per sqft, 34% above the AED 2,285 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 22 April 2023, is AED 136,500 a year: a gross yield of 2.9% on the 2023 price, before the service charge of about AED 22,100 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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 870,000 (AED 560 per sqft)Sold, November 2023: AED 4,750,000 (AED 3,062 per sqft)

405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, 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, April 2015: AED 195,000 a yearNew contract, April 2016: AED 195,000 a yearRenewal, April 2017: AED 180,000 a yearRenewal, April 2018: AED 180,000 a yearRenewal, April 2019: AED 165,000 a yearRenewal, April 2020: AED 135,000 a yearRenewal, April 2021: AED 130,000 a yearRenewal, April 2022: AED 130,000 a yearRenewal, April 2023: AED 136,500 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 - Dabas, and where 405 sits

All 54 2-beds →

405 last sold in November 2023 at AED 3,062 per sqft, 34% above what two-beds in Shoreline - Dabas were fetching at the time (AED 2,285). 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. 405's AED 136,500 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 4th floor

All 107 units in Shoreline - Dabas
Value
4012-bedAED 2.85M · Nov 2022
4023-bedAED 3.43M · May 2023
4033-bedAED 5M · Mar 2009
4041-bedAED 660K · Apr 2009
4062-bedAED 1.05M · Apr 2009
4072-bedAED 1.05M · Mar 2009
4082-bedAED 2.38M · Sep 2012
1–7 of 11

405, Shoreline - Dabas in numbers

  • Sold twice: first on 20 April 2009 for AED 870,000, last on 2 November 2023 for AED 4,750,000 (AED 3,062 per sqft).
  • Rented since April 2015 on 9 Ejari contracts, from AED 195,000 to AED 136,500 a year.
  • At AED 136,500 a year the gross yield on the 2023 price is 2.9%, 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 2 November 2023.

Questions about 405, Shoreline - Dabas

What did unit 405 last sell for?

AED 4,750,000 on 2 November 2023: AED 3,062 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 870,000 in April 2009.

What is the rent for unit 405?

AED 136,500 a year on the contract renewed on 22 April 2023. The previous contract, from April 2022, was AED 130,000; the unit has been rented since April 2015.

How big is unit 405?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 405 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 405, Shoreline - Dabas

Starts from the last sale price (AED 4.75M, 2 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,750,000
Deposit, UAE resident (20%)
AED 950,000
Deposit, non-resident (40%)
AED 1,900,000
Monthly over 25 years at 3.7%
AED 19,434

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