2-bed · 1,586 sqftShoreline - Habool, Palm Jumeirah · 3rd floor · completed 2007

312, Shoreline - Habool

Sold prices and rental history: sold once, by the developer in March 2009, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 800K22 March 2009
Current rentAED 168K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Shoreline - Habool

What is 312 worth today?

Last sold for AED 800,000 in 2009

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10 Jun 2024RentedNew contract
AED 168,000/yr12 months · AED 106 per sqft
22 Mar 2009Sold by developerReady
AED 800,000AED 504 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
3rd of 9
Parking
B2-48
Developer
Nakheel
Completed
2007
Service charge
AED 26,600 /yr
Last sold
AED 800K · March 2009

About 312, Shoreline - Habool

312 is a two-bedroom apartment of 1,586 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 800,000, or AED 504 per sqft, 3% below the AED 521 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 June 2024. The current contract, signed on 10 June 2024, is AED 168,000 a year: a gross yield of 21.0% on the 2009 price, before the service charge of about AED 26,600 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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 800,000 (AED 504 per sqft)

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

Rents
Unit 312, 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, June 2024: AED 168,000 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 312 sits

All 54 2-beds →

312 last sold in March 2009 at AED 504 per sqft, 3% below 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. 312's AED 168,000 is in the lower half 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
3072-bedAED 3.4M · May 2023
1–7 of 11

312, Shoreline - Habool in numbers

  • Sold once: by Nakheel on 22 March 2009 for AED 800,000, or AED 504 per sqft.
  • Rented since June 2024 on one Ejari contract, at AED 168,000 a year.
  • At AED 168,000 a year the gross yield on the 2009 price is 21.0%, 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 10 June 2024.

Questions about 312, Shoreline - Habool

What did unit 312 last sell for?

AED 800,000 on 22 March 2009, sold by the developer: AED 504 per sqft for 1,586 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 168,000 a year on the contract signed on 10 June 2024.

How big is unit 312?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 312 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 312, Shoreline - Habool

Starts from the last sale price (AED 800K, 22 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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