3-bed · 2,221 sqftShoreline - Habool, Palm Jumeirah · 3rd floor · completed 2007

311, 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 311 · DLD and Ejari recordsUpdated 21 May 2024
Last soldAED 1.15M22 March 2009
Current rentAED 240K /yr21 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Shoreline - Habool

What is 311 worth today?

Last sold for AED 1,150,000 in 2009

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21 May 2024RentedNew contract
AED 240,000/yr12 months · AED 108 per sqft
1 Jul 2023RentedRenewal
AED 173,250/yr12 months · AED 78 per sqft
1 Jul 2022RentedRenewal
AED 165,000/yr12 months · AED 74 per sqft
1 Jul 2021RentedNew contract
AED 145,000/yr12 months · AED 65 per sqft
23 May 2020RentedRenewal
AED 150,000/yr12 months · AED 68 per sqft
23 May 2019RentedRenewal
AED 162,500/yr12 months · AED 73 per sqft
23 May 2018RentedRenewal
AED 162,500/yr12 months · AED 73 per sqft
23 May 2017RentedRenewal
AED 178,250/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 21 May 2024.

Key facts

Type
3-bed apartment
Size
2,221 sqft
Floor
3rd of 9
Parking
B2-45,B2-46
Developer
Nakheel
Completed
2007
Service charge
AED 37,200 /yr
Last sold
AED 1.15M · March 2009

About 311, Shoreline - Habool

311 is a three-bedroom apartment of 2,221 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 1,150,000, or AED 517 per sqft, 4% below the AED 538 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 21 May 2024, is AED 240,000 a year: a gross yield of 20.9% on the 2009 price, before the service charge of about AED 37,200 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical three-bed in Shoreline - Habool
1M2M3M2009201320172021Typical 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 1,150,000 (AED 517 per sqft)

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

Rents
Unit 311, 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, May 2013: AED 155,000 a yearNew contract, May 2014: AED 178,250 a yearRenewal, May 2017: AED 178,250 a yearRenewal, May 2018: AED 162,500 a yearRenewal, May 2019: AED 162,500 a yearRenewal, May 2020: AED 150,000 a yearNew contract, July 2021: AED 145,000 a yearRenewal, July 2022: AED 165,000 a yearRenewal, July 2023: AED 173,250 a yearNew contract, May 2024: AED 240,000 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 311 sits

All 39 3-beds →

311 last sold in March 2009 at AED 517 per sqft, 4% below what three-beds in Shoreline - Habool were fetching at the time (AED 538). 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. 311's AED 240,000 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 →

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
3072-bedAED 3.4M · May 2023
1–7 of 11

311, Shoreline - Habool in numbers

  • Sold once: by Nakheel on 22 March 2009 for AED 1,150,000, or AED 517 per sqft.
  • Rented since May 2013 on 10 Ejari contracts, from AED 155,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2009 price is 20.9%, before a service charge of about AED 37,200 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 21 May 2024.

Questions about 311, Shoreline - Habool

What did unit 311 last sell for?

AED 1,150,000 on 22 March 2009, sold by the developer: AED 517 per sqft for 2,221 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 240,000 a year on the contract signed on 21 May 2024. The previous contract, from July 2023, was AED 173,250; the unit has been rented since May 2013.

How big is unit 311?

2,221 sqft (206.3 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 311 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 311, Shoreline - Habool

Starts from the last sale price (AED 1.15M, 22 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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