2-bed · 1,586 sqftShoreline - Habool, Palm Jumeirah · 2nd floor · completed 2007

212, Shoreline - Habool

Sold prices and rental history: sold 3 times, last in May 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 14 July 2022
Last soldAED 2M26 May 2016
Current rentAED 104K /yr14 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Shoreline - Habool

What is 212 worth today?

Last sold for AED 2,000,000 in 2016

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14 Jul 2022RentedNew contract
AED 103,500/yr12 months · AED 65 per sqft
14 Jun 2021RentedNew contract
AED 90,000/yr12 months · AED 57 per sqft
6 Nov 2019RentedRenewal
AED 115,000/yr12 months · AED 73 per sqft
6 Nov 2018RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
26 May 2016SoldReady
AED 2,000,000AED 1,260 per sqft
6 Feb 2015RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft
6 Feb 2014RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft
6 Jan 2014RentedNew contract
AED 136,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 14 July 2022.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
2nd of 9
Parking
B2-29
Developer
Nakheel
Completed
2007
Service charge
AED 26,600 /yr
Last sold
AED 2M · May 2016

About 212, Shoreline - Habool

212 is a two-bedroom apartment of 1,586 sqft on the 2nd floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 26 May 2016 for AED 2,000,000, or AED 1,260 per sqft, in line with the AED 1,257 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 14 July 2022, is AED 103,500 a year: a gross yield of 5.2% on the 2016 price, before the service charge of about AED 26,600 a year.

Sales and rents for 212 over time

Sales
Unit 212, each saleTypical two-bed in Shoreline - Habool
2M4M2009201420192024Typical sale price by year: 2009 AED 825,000; 2010 AED 1,480,000; 2011 AED 1,230,000; 2012 AED 1,549,500; 2013 AED 1,780,000; 2014 AED 2,100,000; 2015 AED 2,250,000; 2016 AED 2,100,000; 2017 AED 2,150,000; 2019 AED 1,370,000; 2021 AED 1,665,000; 2022 AED 2,000,000; 2023 AED 2,700,000; 2024 AED 1,712,181; 2025 AED 4,000,000; 2026 AED 3,650,000Sold, December 2009: AED 760,000 (AED 479 per sqft)Sold by developer, December 2009: AED 800,000 (AED 504 per sqft)Sold, May 2016: AED 2,000,000 (AED 1,260 per sqft)

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

Rents
Unit 212, each contractTypical two-bed in Shoreline - Habool
100K150K200K20112015201920232027Typical rent by year: 2011 AED 100,000; 2012 AED 116,250; 2013 AED 127,500; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 148,500; 2017 AED 140,000; 2018 AED 125,000; 2019 AED 115,000; 2020 AED 101,000; 2021 AED 96,500; 2022 AED 113,200; 2023 AED 139,575; 2024 AED 169,000; 2025 AED 183,750; 2026 AED 175,000New contract, January 2014: AED 136,000 a yearNew contract, February 2014: AED 150,000 a yearNew contract, February 2015: AED 150,000 a yearNew contract, November 2018: AED 120,000 a yearRenewal, November 2019: AED 115,000 a yearNew contract, June 2021: AED 90,000 a yearNew contract, July 2022: AED 103,500 a year

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

2-beds in Shoreline - Habool, and where 212 sits

All 54 2-beds →

212 last sold in May 2016 at AED 1,260 per sqft, in line with what two-beds in Shoreline - Habool were fetching at the time (AED 1,257). Over the last 12 months two-beds sold for AED 3,350,000 to 3,850,000, around AED 2,078 per sqft, and rent for AED 140,000 to 345,000 a year. 212's AED 103,500 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20263,350,000
24 Jun 20263,650,000
23 Mar 20263,850,000
30 Sep 20254,000,000
3 2-bed sales 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 →

Other units on the 2nd floor

All 107 units in Shoreline - Habool
Value
2012-bedAED 1.65M · Jan 2022
2023-bedAED 2.45M · Apr 2022
2033-bedAED 4.91M · Mar 2026
2041-bedAED 600K · Feb 2020
2052-bedAED 1.39M · Dec 2019
2062-bedAED 2.15M · Oct 2017
2072-bedAED 1.7M · Jul 2018
1–7 of 11

212, Shoreline - Habool in numbers

  • Sold 3 times: first on 8 December 2009 for AED 800,000, last on 26 May 2016 for AED 2,000,000 (AED 1,260 per sqft).
  • Rented since January 2014 on 7 Ejari contracts. The rent fell from AED 136,000 to AED 90,000 in 2021 and recovered to AED 103,500 by July 2022.
  • At AED 103,500 a year the gross yield on the 2016 price is 5.2%, before a service charge of about AED 26,600 a year (AED 16.76 per sqft).
  • Two-beds in Shoreline - Habool sold for AED 3,350,000–3,850,000 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 14 July 2022.

Questions about 212, Shoreline - Habool

What did unit 212 last sell for?

AED 2,000,000 on 26 May 2016: AED 1,260 per sqft for 1,586 sqft. The unit has 3 registered sales; the first was AED 800,000 in December 2009.

What is the rent for unit 212?

AED 103,500 a year on the contract signed on 14 July 2022. The previous contract, from June 2021, was AED 90,000; the unit has been rented since January 2014.

How big is unit 212?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2007.

What is unit 212 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Habool sold for AED 3,350,000 to 3,850,000 in the last 12 months, around AED 2,078 per sqft.

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Mortgage on 212, Shoreline - Habool

Starts from the last sale price (AED 2M, 26 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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