1-bed · 1,145 sqftShoreline - Dabas, Palm Jumeirah · 7th floor · completed 2007

709, Shoreline - Dabas

Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 22 December 2023
Last soldAED 3.5M22 December 2023
Current rentAED 95K /yr28 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Shoreline - Dabas

What is 709 worth today?

Last sold for AED 3,500,000 in 2023

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22 Dec 2023SoldReady
AED 3,500,000AED 3,057 per sqft
28 Mar 2022RentedRenewal
AED 95,123/yr8 months · AED 83 per sqft
28 Mar 2021RentedRenewal
AED 90,000/yr12 months · AED 79 per sqft
28 Mar 2020RentedRenewal
AED 90,000/yr12 months · AED 79 per sqft
28 Mar 2019RentedNew contract
AED 90,000/yr12 months · AED 79 per sqft
4 Jun 2017SoldReady
AED 2,100,000AED 1,834 per sqft
27 Jun 2016RentedNew contract
AED 150,000/yr12 months · AED 131 per sqft
4 Jan 2016RentedRenewal
AED 160,000/yr6 months · AED 140 per sqft

Source: Dubai Land Department. Updated 22 December 2023.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
7th of 9
Parking
2B2-155
Developer
Nakheel
Completed
2007
Service charge
AED 16,300 /yr
Last sold
AED 3.5M · December 2023

About 709, Shoreline - Dabas

709 is a one-bedroom apartment of 1,145 sqft on the 7th floor of Shoreline - Dabas, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 22 December 2023 for AED 3,500,000, or AED 3,057 per sqft, 25% above the AED 2,446 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 28 March 2022, is AED 95,123 a year: a gross yield of 2.7% on the 2023 price, before the service charge of about AED 16,300 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical one-bed in Shoreline - Dabas
2M4M2009201320172021Typical sale price by year: 2009 AED 685,000; 2013 AED 1,962,500; 2016 AED 1,950,000; 2017 AED 2,052,500; 2018 AED 1,700,000; 2023 AED 2,800,000Sold by developer, March 2009: AED 685,000 (AED 598 per sqft)Sold, July 2015: AED 1,968,699 (AED 1,719 per sqft)Sold, June 2017: AED 2,100,000 (AED 1,834 per sqft)Sold, December 2023: AED 3,500,000 (AED 3,057 per sqft)

709 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 709, each contractTypical one-bed in Shoreline - Dabas
100K150K2012201620202024Typical rent by year: 2012 AED 115,000; 2013 AED 115,000; 2014 AED 130,000; 2015 AED 132,500; 2016 AED 132,705; 2017 AED 125,000; 2018 AED 119,000; 2019 AED 105,000; 2020 AED 97,000; 2021 AED 95,000; 2022 AED 100,000; 2023 AED 140,000; 2024 AED 140,000; 2025 AED 150,000; 2026 AED 150,000New contract, February 2013: AED 120,500 a yearNew contract, February 2014: AED 127,000 a yearNew contract, September 2014: AED 145,000 a yearNew contract, September 2015: AED 144,999 a yearRenewal, January 2016: AED 160,000 a yearNew contract, June 2016: AED 150,000 a yearNew contract, March 2019: AED 90,000 a yearRenewal, March 2020: AED 90,000 a yearRenewal, March 2021: AED 90,000 a yearRenewal, March 2022: AED 95,123 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Dabas, and where 709 sits

All 22 1-beds →

709 last sold in December 2023 at AED 3,057 per sqft, 25% above what one-beds in Shoreline - Dabas were fetching at the time (AED 2,446). 709's AED 95,123 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 20253,595,000
8 Jul 20242,200,000
6 Jul 20232,800,000
9 Feb 20231,310,000
0 1-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
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
1–7 of 11

709, Shoreline - Dabas in numbers

  • Sold 4 times: first on 1 March 2009 for AED 685,000, last on 22 December 2023 for AED 3,500,000 (AED 3,057 per sqft).
  • Rented since February 2013 on 10 Ejari contracts, from AED 120,500 to AED 95,123 a year.
  • At AED 95,123 a year the gross yield on the 2023 price is 2.7%, before a service charge of about AED 16,300 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 22 December 2023.

Questions about 709, Shoreline - Dabas

What did unit 709 last sell for?

AED 3,500,000 on 22 December 2023: AED 3,057 per sqft for 1,145 sqft. The unit has 4 registered sales; the first was AED 685,000 in March 2009.

What is the rent for unit 709?

AED 95,123 a year on the contract renewed on 28 March 2022. The previous contract, from March 2021, was AED 90,000; the unit has been rented since February 2013.

How big is unit 709?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 709 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 709, Shoreline - Dabas

Starts from the last sale price (AED 3.5M, 22 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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