3-bed · 2,159 sqftShoreline - Dabas, Palm Jumeirah · 7th floor · completed 2007

703, Shoreline - Dabas

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 11 April 2023
Last soldAED 1.28M1 March 2009
Current rentAED 140K /yr11 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Shoreline - Dabas

What is 703 worth today?

Last sold for AED 1,275,000 in 2009

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11 Apr 2023RentedNew contract
AED 140,000/yr12 months · AED 65 per sqft
9 Apr 2022RentedRenewal
AED 140,875/yr12 months · AED 65 per sqft
9 Apr 2021RentedRenewal
AED 122,500/yr12 months · AED 57 per sqft
9 Apr 2020RentedNew contract
AED 145,000/yr12 months · AED 68 per sqft
20 Nov 2019RentedRenewal
AED 156,000/yr12 months · AED 73 per sqft
20 Nov 2018RentedNew contract
AED 165,000/yr12 months · AED 77 per sqft
28 Sep 2018RentedRenewal
AED 185,004/yr1 months · AED 86 per sqft
28 Sep 2017RentedRenewal
AED 185,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 11 April 2023.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
7th of 9
Parking
B2-105,B2-106
Developer
Nakheel
Completed
2007
Service charge
AED 30,800 /yr
Last sold
AED 1.28M · March 2009

About 703, Shoreline - Dabas

703 is a three-bedroom apartment of 2,159 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 1 March 2009 for AED 1,275,000, or AED 590 per sqft, in line with the AED 590 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, signed on 11 April 2023, is AED 140,000 a year: a gross yield of 11.0% on the 2009 price, before the service charge of about AED 30,800 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, March 2009: AED 1,275,000 (AED 590 per sqft)

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

Rents
Unit 703, 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, January 2012: AED 190,000 a yearNew contract, February 2013: AED 210,000 a yearRenewal, August 2013: AED 210,000 a yearNew contract, February 2014: AED 226,800 a yearNew contract, May 2015: AED 230,000 a yearRenewal, May 2016: AED 240,000 a yearNew contract, September 2016: AED 190,000 a yearRenewal, September 2017: AED 185,000 a yearRenewal, September 2018: AED 185,004 a yearNew contract, November 2018: AED 165,000 a yearRenewal, November 2019: AED 156,000 a yearNew contract, April 2020: AED 145,000 a yearRenewal, April 2021: AED 122,500 a yearRenewal, April 2022: AED 140,875 a yearNew contract, April 2023: AED 140,000 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 703 sits

All 39 3-beds →

703 last sold in March 2009 at AED 590 per sqft, in line with 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. 703's AED 140,000 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
7023-bedAED 1.18M · Apr 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

703, Shoreline - Dabas in numbers

  • Sold once: by Nakheel on 1 March 2009 for AED 1,275,000, or AED 590 per sqft.
  • Rented since January 2012 on 15 Ejari contracts. The rent fell from AED 190,000 to AED 122,500 in 2021 and recovered to AED 140,000 by April 2023.
  • At AED 140,000 a year the gross yield on the 2009 price is 11.0%, before a service charge of about AED 30,800 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 11 April 2023.

Questions about 703, Shoreline - Dabas

What did unit 703 last sell for?

AED 1,275,000 on 1 March 2009, sold by the developer: AED 590 per sqft for 2,159 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 140,000 a year on the contract signed on 11 April 2023. The previous contract, from April 2022, was AED 140,875; the unit has been rented since January 2012.

How big is unit 703?

2,159 sqft (200.6 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 703 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 703, Shoreline - Dabas

Starts from the last sale price (AED 1.28M, 1 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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