3-bed · 2,182 sqftShoreline - Dabas, Palm Jumeirah · 7th floor · completed 2007

702, Shoreline - Dabas

Sold prices and rental history: sold once, by the developer in April 2009, and rented once, from August 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 15 August 2011
Last soldAED 1.18M20 April 2009
Current rentAED 156K /yr15 August 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Shoreline - Dabas

What is 702 worth today?

Last sold for AED 1,175,000 in 2009

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15 Aug 2011RentedNew contract
AED 156,000/yr24 months · AED 71 per sqft
20 Apr 2009Sold by developerReady
AED 1,175,000AED 538 per sqft

Source: Dubai Land Department. Updated 15 August 2011.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Floor
7th of 9
Parking
B2-1,B2-2
Developer
Nakheel
Completed
2007
Service charge
AED 31,100 /yr
Last sold
AED 1.18M · April 2009

About 702, Shoreline - Dabas

702 is a three-bedroom apartment of 2,182 sqft on the 7th floor of Shoreline - Dabas, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 20 April 2009 for AED 1,175,000, or AED 538 per sqft, 9% below the AED 590 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2011. The current contract, signed on 15 August 2011, is AED 156,000 a year: a gross yield of 13.3% on the 2009 price, before the service charge of about AED 31,100 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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 1,175,000 (AED 538 per sqft)

702 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 702, each contractTypical three-bed in Shoreline - Dabas
200K20112015201920232027Typical 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, August 2011: AED 156,000 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 702 sits

All 39 3-beds →

702 last sold in April 2009 at AED 538 per sqft, 9% below what three-beds in Shoreline - Dabas were fetching at the time (AED 590). 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. 702's AED 156,000 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 7th floor

All 107 units in Shoreline - Dabas
Value
7012-bedAED 1M · Apr 2009
7033-bedAED 1.28M · Mar 2009
7041-bedAED 1.7M · Feb 2018
7052-bedAED 2.25M · Nov 2019
7062-bedAED 6.5M · Mar 2009
7072-bedAED 7.15M · Apr 2026
7082-bedAED 5.5M · Aug 2026
1–7 of 11

702, Shoreline - Dabas in numbers

  • Sold once: by Nakheel on 20 April 2009 for AED 1,175,000, or AED 538 per sqft.
  • Rented since August 2011 on one Ejari contract, at AED 156,000 a year.
  • At AED 156,000 a year the gross yield on the 2009 price is 13.3%, before a service charge of about AED 31,100 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 15 August 2011.

Questions about 702, Shoreline - Dabas

What did unit 702 last sell for?

AED 1,175,000 on 20 April 2009, sold by the developer: AED 538 per sqft for 2,182 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 156,000 a year on the contract signed on 15 August 2011.

How big is unit 702?

2,182 sqft (202.7 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 702 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 702, Shoreline - Dabas

Starts from the last sale price (AED 1.18M, 20 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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