2-bed · 1,563 sqftShoreline - Dabas, Palm Jumeirah · 4th floor · completed 2007

412, Shoreline - Dabas

Sold prices and rental history: sold twice, last in August 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 28 May 2021
Last soldAED 2.1M21 August 2016
Current rentAED 95K /yr28 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Shoreline - Dabas

What is 412 worth today?

Last sold for AED 2,100,000 in 2016

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28 May 2021RentedNew contract
AED 95,000/yr6 months · AED 60 per sqft
28 May 2020RentedNew contract
AED 95,000/yr12 months · AED 60 per sqft
31 Jan 2020RentedNew contract
AED 115,000/yr12 months · AED 74 per sqft
21 Aug 2016SoldReady
AED 2,100,000AED 1,343 per sqft
15 May 2015RentedRenewal
AED 144,900/yr12 months · AED 93 per sqft
15 May 2014RentedNew contract
AED 138,000/yr12 months · AED 88 per sqft
15 May 2013RentedRenewal
AED 120,000/yr12 months · AED 77 per sqft
1 May 2012RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 28 May 2021.

Key facts

Type
2-bed apartment
Size
1,563 sqft
Floor
4th of 9
Parking
B2-74
Developer
Nakheel
Completed
2007
Service charge
AED 22,300 /yr
Last sold
AED 2.1M · August 2016

About 412, Shoreline - Dabas

412 is a two-bedroom apartment of 1,563 sqft on the 4th floor of Shoreline - Dabas, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 21 August 2016 for AED 2,100,000, or AED 1,343 per sqft, 12% below the AED 1,519 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 28 May 2021, is AED 95,000 a year: a gross yield of 4.5% on the 2016 price, before the service charge of about AED 22,300 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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 511 per sqft)Sold, August 2016: AED 2,100,000 (AED 1,343 per sqft)

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

Rents
Unit 412, 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, May 2012: AED 120,000 a yearRenewal, May 2013: AED 120,000 a yearNew contract, May 2014: AED 138,000 a yearRenewal, May 2015: AED 144,900 a yearNew contract, January 2020: AED 115,000 a yearNew contract, May 2020: AED 95,000 a yearNew contract, May 2021: AED 95,000 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 412 sits

All 54 2-beds →

412 last sold in August 2016 at AED 1,343 per sqft, 12% below what two-beds in Shoreline - Dabas were fetching at the time (AED 1,519). 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. 412's AED 95,000 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 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
4052-bedAED 4.75M · Nov 2023
4062-bedAED 1.05M · Apr 2009
4072-bedAED 1.05M · Mar 2009
1–7 of 11

412, Shoreline - Dabas in numbers

  • Sold twice: first on 20 April 2009 for AED 800,000, last on 21 August 2016 for AED 2,100,000 (AED 1,343 per sqft).
  • Rented since May 2012 on 7 Ejari contracts, from AED 120,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2016 price is 4.5%, before a service charge of about AED 22,300 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 28 May 2021.

Questions about 412, Shoreline - Dabas

What did unit 412 last sell for?

AED 2,100,000 on 21 August 2016: AED 1,343 per sqft for 1,563 sqft. The unit has 2 registered sales; the first was AED 800,000 in April 2009.

What is the rent for unit 412?

AED 95,000 a year on the contract signed on 28 May 2021. The previous contract, from May 2020, was AED 95,000; the unit has been rented since May 2012.

How big is unit 412?

1,563 sqft (145.2 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 412 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 412, Shoreline - Dabas

Starts from the last sale price (AED 2.1M, 21 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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