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3-bed · 2,142 sqftShoreline - Habool, Palm Jumeirah · completed 2007

1003, Shoreline - Habool

Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 3M28 December 2023
Current rentAED 230K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1003, Shoreline - Habool

What is 1003 worth today?

Last sold for AED 3,000,000 in 2023

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1 Jul 2024RentedNew contract
AED 230,000/yr12 months · AED 107 per sqft
28 Dec 2023SoldReady
AED 3,000,000AED 1,400 per sqft
11 Jul 2022RentedRenewal
AED 148,500/yr12 months · AED 69 per sqft
11 Jul 2021RentedNew contract
AED 135,000/yr12 months · AED 63 per sqft
18 Mar 2021SoldReady
AED 2,146,693AED 1,002 per sqft
1 Jul 2020RentedRenewal
AED 135,000/yr12 months · AED 63 per sqft
1 Jul 2019RentedNew contract
AED 135,000/yr12 months · AED 63 per sqft
1 Sep 2018RentedRenewal
AED 199,999/yr5 months · AED 93 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
3-bed apartment
Size
2,142 sqft
Parking
B2-135,B2-136
Developer
Nakheel
Completed
2007
Service charge
AED 35,900 /yr
Last sold
AED 3M · December 2023
Building
Shoreline - Habool

About 1003, Shoreline - Habool

1003 is a three-bedroom apartment of 2,142 sqft of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 28 December 2023 for AED 3,000,000, or AED 1,400 per sqft, 7% below the AED 1,503 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 1 July 2024, is AED 230,000 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 35,900 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, 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, March 2009: AED 3,712,800 (AED 1,733 per sqft)Sold, March 2021: AED 2,146,693 (AED 1,002 per sqft)Sold, December 2023: AED 3,000,000 (AED 1,400 per sqft)

1003 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1003, 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, June 2014: AED 200,000 a yearRenewal, June 2015: AED 200,327 a yearRenewal, September 2017: AED 200,000 a yearRenewal, September 2018: AED 199,999 a yearNew contract, July 2019: AED 135,000 a yearRenewal, July 2020: AED 135,000 a yearNew contract, July 2021: AED 135,000 a yearRenewal, July 2022: AED 148,500 a yearNew contract, July 2024: AED 230,000 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 1003 sits

All 39 3-beds →

1003 last sold in December 2023 at AED 1,400 per sqft, 7% below what three-beds in Shoreline - Habool were fetching at the time (AED 1,503). 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. 1003's AED 230,000 is in the upper 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 →

1003, Shoreline - Habool in numbers

  • Sold 3 times: first on 22 March 2009 for AED 3,712,800, last on 28 December 2023 for AED 3,000,000 (AED 1,400 per sqft).
  • Rented since June 2014 on 9 Ejari contracts. The rent fell from AED 200,000 to AED 135,000 in 2021 and recovered to AED 230,000 by July 2024.
  • At AED 230,000 a year the gross yield on the 2023 price is 7.7%, before a service charge of about AED 35,900 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 1 July 2024.

Questions about 1003, Shoreline - Habool

What did unit 1003 last sell for?

AED 3,000,000 on 28 December 2023: AED 1,400 per sqft for 2,142 sqft. The unit has 3 registered sales; the first was AED 3,712,800 in March 2009.

What is the rent for unit 1003?

AED 230,000 a year on the contract signed on 1 July 2024. The previous contract, from July 2022, was AED 148,500; the unit has been rented since June 2014.

How big is unit 1003?

2,142 sqft (199.0 sqm): a three-bedroom apartment of a 9-storey tower completed in 2007.

What is unit 1003 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 1003, Shoreline - Habool

Starts from the last sale price (AED 3M, 28 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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