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3-bed · 2,181 sqftShoreline - Habool, Palm Jumeirah · completed 2007

1002, Shoreline - Habool

Sold prices and rental history: sold twice, last in October 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 7 April 2018
Last soldAED 2.65M9 October 2017
Current rentAED 210K /yr7 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1002, Shoreline - Habool

What is 1002 worth today?

Last sold for AED 2,650,000 in 2017

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7 Apr 2018RentedNew contract
AED 210,000/yr12 months · AED 96 per sqft
9 Oct 2017SoldReady
AED 2,650,000AED 1,214 per sqft
7 Apr 2017RentedRenewal
AED 210,000/yr12 months · AED 96 per sqft
7 Apr 2015RentedNew contract
AED 210,000/yr12 months · AED 96 per sqft
2 Mar 2014RentedNew contract
AED 215,000/yr12 months · AED 98 per sqft
21 Apr 2009Sold by developerReady
AED 3,932,000AED 1,802 per sqft

Source: Dubai Land Department. Updated 7 April 2018.

Key facts

Type
3-bed apartment
Size
2,181 sqft
Parking
B2-131,B2-132
Developer
Nakheel
Completed
2007
Service charge
AED 36,600 /yr
Last sold
AED 2.65M · October 2017
Building
Shoreline - Habool

About 1002, Shoreline - Habool

1002 is a three-bedroom apartment of 2,181 sqft of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 9 October 2017 for AED 2,650,000, or AED 1,214 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 7 April 2018, is AED 210,000 a year: a gross yield of 7.9% on the 2017 price, before the service charge of about AED 36,600 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical three-bed in Shoreline - Habool
2M4M2009201320172021Typical sale price by year: 2009 AED 1,175,000; 2010 AED 1,412,500; 2012 AED 1,512,500; 2013 AED 2,375,000; 2014 AED 1,150,000; 2016 AED 2,650,000; 2019 AED 1,550,000; 2021 AED 2,050,000; 2022 AED 2,512,500; 2023 AED 3,250,000Sold by developer, April 2009: AED 3,932,000 (AED 1,802 per sqft)Sold, October 2017: AED 2,650,000 (AED 1,214 per sqft)

1002 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1002, each contractTypical three-bed in Shoreline - Habool
100K200K300K2012201620202024Typical rent by year: 2012 AED 165,000; 2013 AED 156,250; 2014 AED 180,000; 2015 AED 179,314; 2016 AED 175,000; 2017 AED 170,002; 2018 AED 145,000; 2019 AED 136,250; 2020 AED 125,000; 2021 AED 130,000; 2022 AED 149,000; 2023 AED 187,204; 2024 AED 228,850; 2025 AED 235,000; 2026 AED 290,000New contract, March 2014: AED 215,000 a yearNew contract, April 2015: AED 210,000 a yearRenewal, April 2017: AED 210,000 a yearNew contract, April 2018: AED 210,000 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 - Habool, and where 1002 sits

All 39 3-beds →

Over the last 12 months three-beds sold for AED 4,913,717, around AED 2,273 per sqft, and rent for AED 125,000 to 330,000 a year. 1002's AED 210,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
31 Mar 20264,913,717
7 Jul 20254,500,000
21 Mar 20254,800,000
4 Jul 20243,700,000
1 3-bed sale in the last 12 months

Shoreline - Habool

Building

107 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 5 sold in the last 12 months.

Typical price per sqft
AED 2,273
Typical sale
AED 3.65M
Typical rent
AED 175K /yr
Typical yield
4.8%
Shoreline - Habool, Palm Jumeirah: prices, sales and rents →

1002, Shoreline - Habool in numbers

  • Sold twice: first on 21 April 2009 for AED 3,932,000, last on 9 October 2017 for AED 2,650,000 (AED 1,214 per sqft).
  • Rented since March 2014 on 4 Ejari contracts, from AED 215,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2017 price is 7.9%, before a service charge of about AED 36,600 a year (AED 16.76 per sqft).
  • Three-beds in Shoreline - Habool sold for AED 4,913,717–4,913,717 in the 12 months to November 2026; the building's median across all types is AED 2,273 per sqft.

Source: Dubai Land Department. Updated 7 April 2018.

Questions about 1002, Shoreline - Habool

What did unit 1002 last sell for?

AED 2,650,000 on 9 October 2017: AED 1,214 per sqft for 2,181 sqft. The unit has 2 registered sales; the first was AED 3,932,000 in April 2009.

What is the rent for unit 1002?

AED 210,000 a year on the contract signed on 7 April 2018. The previous contract, from April 2017, was AED 210,000; the unit has been rented since March 2014.

How big is unit 1002?

2,181 sqft (202.6 sqm): a three-bedroom apartment of a 9-storey tower completed in 2007.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Habool sold for AED 4,913,717 to 4,913,717 in the last 12 months, around AED 2,273 per sqft.

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Mortgage on 1002, Shoreline - Habool

Starts from the last sale price (AED 2.65M, 9 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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