2-bed · 1,551 sqftShoreline - Habool, Palm Jumeirah · 3rd floor · completed 2007

305, Shoreline - Habool

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 790K22 March 2009
Current rentAED 110K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Shoreline - Habool

What is 305 worth today?

Last sold for AED 790,000 in 2009

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1 Aug 2022RentedRenewal
AED 110,000/yr12 months · AED 71 per sqft
1 Aug 2021RentedNew contract
AED 100,000/yr12 months · AED 65 per sqft
3 Jul 2015RentedNew contract
AED 150,000/yr12 months · AED 97 per sqft
3 Jul 2013RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft
22 Mar 2009Sold by developerReady
AED 790,000AED 509 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
3rd of 9
Parking
B1-24
Developer
Nakheel
Completed
2007
Service charge
AED 26,000 /yr
Last sold
AED 790K · March 2009

About 305, Shoreline - Habool

305 is a two-bedroom apartment of 1,551 sqft on the 3rd floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 22 March 2009 for AED 790,000, or AED 509 per sqft, in line with the AED 521 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 110,000 a year: a gross yield of 13.9% on the 2009 price, before the service charge of about AED 26,000 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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 by developer, March 2009: AED 790,000 (AED 509 per sqft)

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

Rents
Unit 305, each contractTypical two-bed in Shoreline - Habool
100K150K20112015201920232027Typical 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, July 2013: AED 120,000 a yearNew contract, July 2015: AED 150,000 a yearNew contract, August 2021: AED 100,000 a yearRenewal, August 2022: AED 110,000 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 305 sits

All 54 2-beds →

305 last sold in March 2009 at AED 509 per sqft, in line with what two-beds in Shoreline - Habool were fetching at the time (AED 521). 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. 305's AED 110,000 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 3rd floor

All 107 units in Shoreline - Habool
Value
3012-bedAED 2.1M · Mar 2014
3023-bedAED 1.55M · Oct 2019
3033-bedAED 2.3M · Aug 2016
3041-bedAED 600K · Sep 2017
3062-bedAED 1.93M · Sep 2021
3072-bedAED 3.4M · May 2023
3082-bedAED 2.25M · May 2023
1–7 of 11

305, Shoreline - Habool in numbers

  • Sold once: by Nakheel on 22 March 2009 for AED 790,000, or AED 509 per sqft.
  • Rented since July 2013 on 4 Ejari contracts, from AED 120,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2009 price is 13.9%, before a service charge of about AED 26,000 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 1 August 2022.

Questions about 305, Shoreline - Habool

What did unit 305 last sell for?

AED 790,000 on 22 March 2009, sold by the developer: AED 509 per sqft for 1,551 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 110,000 a year on the contract renewed on 1 August 2022. The previous contract, from August 2021, was AED 100,000; the unit has been rented since July 2013.

How big is unit 305?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 305 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 305, Shoreline - Habool

Starts from the last sale price (AED 790K, 22 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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