2-bed · 1,998 sqftShoreline - Habool, Palm Jumeirah · 3rd floor · completed 2007

307, Shoreline - Habool

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 22 May 2023
Last soldAED 3.4M22 May 2023
Current rentAED 125K /yr7 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Shoreline - Habool

What is 307 worth today?

Last sold for AED 3,400,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 May 2023SoldReady
AED 3,400,000AED 1,701 per sqft
9 Dec 2021SoldReady
AED 1,950,000AED 976 per sqft
7 Mar 2021RentedRenewal
AED 125,004/yr1 months · AED 63 per sqft
7 Mar 2020RentedRenewal
AED 125,000/yr12 months · AED 63 per sqft
7 Mar 2019RentedRenewal
AED 135,000/yr12 months · AED 68 per sqft
10 Feb 2017RentedRenewal
AED 157,000/yr12 months · AED 79 per sqft
10 Feb 2016RentedRenewal
AED 164,850/yr12 months · AED 83 per sqft
10 Feb 2015RentedRenewal
AED 164,850/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 22 May 2023.

Key facts

Type
2-bed apartment
Size
1,998 sqft
Floor
3rd of 9
Parking
B2-115
Developer
Nakheel
Completed
2007
Service charge
AED 33,500 /yr
Last sold
AED 3.4M · May 2023

About 307, Shoreline - Habool

307 is a two-bedroom apartment of 1,998 sqft on the 3rd floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 22 May 2023 for AED 3,400,000, or AED 1,701 per sqft, 20% above the AED 1,423 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 10 Ejari contracts. The current contract, renewed on 7 March 2021, is AED 125,004 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 33,500 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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 1,025,000 (AED 513 per sqft)Sold, December 2021: AED 1,950,000 (AED 976 per sqft)Sold, May 2023: AED 3,400,000 (AED 1,701 per sqft)

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

Rents
Unit 307, 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, September 2011: AED 155,000 a yearNew contract, September 2012: AED 116,250 a yearRenewal, January 2013: AED 115,000 a yearNew contract, February 2014: AED 157,000 a yearRenewal, February 2015: AED 164,850 a yearRenewal, February 2016: AED 164,850 a yearRenewal, February 2017: AED 157,000 a yearRenewal, March 2019: AED 135,000 a yearRenewal, March 2020: AED 125,000 a yearRenewal, March 2021: AED 125,004 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 307 sits

All 54 2-beds →

307 last sold in May 2023 at AED 1,701 per sqft, 20% above what two-beds in Shoreline - Habool were fetching at the time (AED 1,423). 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. 307's AED 125,004 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
3052-bedAED 790K · Mar 2009
3062-bedAED 1.93M · Sep 2021
3082-bedAED 2.25M · May 2023
1–7 of 11

307, Shoreline - Habool in numbers

  • Sold 3 times: first on 22 March 2009 for AED 1,025,000, last on 22 May 2023 for AED 3,400,000 (AED 1,701 per sqft).
  • Rented since September 2011 on 10 Ejari contracts, from AED 155,000 to AED 125,004 a year.
  • At AED 125,004 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 33,500 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 22 May 2023.

Questions about 307, Shoreline - Habool

What did unit 307 last sell for?

AED 3,400,000 on 22 May 2023: AED 1,701 per sqft for 1,998 sqft. The unit has 3 registered sales; the first was AED 1,025,000 in March 2009.

What is the rent for unit 307?

AED 125,004 a year on the contract renewed on 7 March 2021. The previous contract, from March 2020, was AED 125,000; the unit has been rented since September 2011.

How big is unit 307?

1,998 sqft (185.6 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 307 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.

Selling 307? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 307, Shoreline - Habool

Starts from the last sale price (AED 3.4M, 22 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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