2-bed · 1,563 sqftShoreline - Dabas, Palm Jumeirah · 5th floor · completed 2007

501, Shoreline - Dabas

Sold prices and rental history: sold 3 times, last in October 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 6 August 2023
Last soldAED 2.38M25 October 2015
Current rentAED 160K /yr6 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Shoreline - Dabas

What is 501 worth today?

Last sold for AED 2,375,000 in 2015

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6 Aug 2023RentedNew contract
AED 160,000/yr12 months · AED 101 per sqft
1 Jul 2022RentedRenewal
AED 90,000/yr12 months · AED 57 per sqft
1 Jul 2021RentedRenewal
AED 90,000/yr12 months · AED 57 per sqft
1 Jul 2020RentedNew contract
AED 90,000/yr12 months · AED 57 per sqft
20 Jun 2019RentedRenewal
AED 130,000/yr12 months · AED 83 per sqft
20 Jun 2018RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft
1 Jul 2017RentedNew contract
AED 130,000/yr12 months · AED 83 per sqft
25 Oct 2015SoldReady
AED 2,375,000AED 1,519 per sqft

Source: Dubai Land Department. Updated 6 August 2023.

Key facts

Type
2-bed apartment
Size
1,563 sqft
Floor
5th of 9
Parking
B2-75
Developer
Nakheel
Completed
2007
Service charge
AED 22,300 /yr
Last sold
AED 2.38M · October 2015

About 501, Shoreline - Dabas

501 is a two-bedroom apartment of 1,563 sqft on the 5th floor of Shoreline - Dabas, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 25 October 2015 for AED 2,375,000, or AED 1,519 per sqft, 12% above the AED 1,362 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 6 August 2023, is AED 160,000 a year: a gross yield of 6.7% on the 2015 price, before the service charge of about AED 22,300 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, March 2009: AED 800,000 (AED 511 per sqft)Sold, December 2009: AED 2,000,000 (AED 1,279 per sqft)Sold, October 2015: AED 2,375,000 (AED 1,519 per sqft)

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

Rents
Unit 501, 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, March 2013: AED 150,000 a yearNew contract, March 2014: AED 150,000 a yearNew contract, July 2017: AED 130,000 a yearNew contract, June 2018: AED 120,000 a yearRenewal, June 2019: AED 130,000 a yearNew contract, July 2020: AED 90,000 a yearRenewal, July 2021: AED 90,000 a yearRenewal, July 2022: AED 90,000 a yearNew contract, August 2023: AED 160,000 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 501 sits

All 54 2-beds →

501 last sold in October 2015 at AED 1,519 per sqft, 12% above what two-beds in Shoreline - Dabas were fetching at the time (AED 1,362). 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. 501's AED 160,000 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 5th floor

All 107 units in Shoreline - Dabas
Value
5023-bedAED 2.4M · Mar 2010
5033-bedAED 3.5M · Mar 2009
5041-bedAED 1.4M · Dec 2020
5052-bedAED 5.9M · Sep 2025
5062-bedAED 2.6M · May 2019
5072-bedAED 2.6M · Apr 2019
5082-bedAED 3.2M · Jun 2022
1–7 of 11

501, Shoreline - Dabas in numbers

  • Sold 3 times: first on 1 March 2009 for AED 800,000, last on 25 October 2015 for AED 2,375,000 (AED 1,519 per sqft).
  • Rented since March 2013 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 90,000 in 2022 and recovered to AED 160,000 by August 2023.
  • At AED 160,000 a year the gross yield on the 2015 price is 6.7%, 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 6 August 2023.

Questions about 501, Shoreline - Dabas

What did unit 501 last sell for?

AED 2,375,000 on 25 October 2015: AED 1,519 per sqft for 1,563 sqft. The unit has 3 registered sales; the first was AED 800,000 in March 2009.

What is the rent for unit 501?

AED 160,000 a year on the contract signed on 6 August 2023. The previous contract, from July 2022, was AED 90,000; the unit has been rented since March 2013.

How big is unit 501?

1,563 sqft (145.2 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.

What is unit 501 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 501, Shoreline - Dabas

Starts from the last sale price (AED 2.38M, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,375,000
Deposit, UAE resident (20%)
AED 475,000
Deposit, non-resident (40%)
AED 950,000
Monthly over 25 years at 3.7%
AED 9,717

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