3-bed · 2,161 sqftShoreline - Habool, Palm Jumeirah · 4th floor · completed 2007

403, Shoreline - Habool

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 29 June 2024
Last soldAED 4M8 May 2024
Current rentAED 260K /yr29 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Shoreline - Habool

What is 403 worth today?

Last sold for AED 4,000,000 in 2024

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29 Jun 2024RentedNew contract
AED 260,000/yr12 months · AED 121 per sqft
8 May 2024SoldReady
AED 4,000,000AED 1,851 per sqft
7 Oct 2023RentedRenewal
AED 240,000/yr12 months · AED 111 per sqft
7 Oct 2022RentedNew contract
AED 220,000/yr12 months · AED 102 per sqft
10 Mar 2022RentedRenewal
AED 160,000/yr6 months · AED 74 per sqft
10 Mar 2021RentedRenewal
AED 120,000/yr12 months · AED 56 per sqft
10 Mar 2020RentedRenewal
AED 140,000/yr12 months · AED 65 per sqft
10 Mar 2019RentedRenewal
AED 155,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 29 June 2024.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
4th of 9
Parking
B2-53,B2-54
Developer
Nakheel
Completed
2007
Service charge
AED 36,200 /yr
Last sold
AED 4M · May 2024

About 403, Shoreline - Habool

403 is a three-bedroom apartment of 2,161 sqft on the 4th floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 8 May 2024 for AED 4,000,000, or AED 1,851 per sqft, 23% above the AED 1,503 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 29 June 2024, is AED 260,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 36,200 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical three-bed in Shoreline - Habool
2M4M2009201320172021Typical 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, April 2009: AED 1,150,000 (AED 532 per sqft)Sold, December 2013: AED 2,500,000 (AED 1,156 per sqft)Sold, May 2024: AED 4,000,000 (AED 1,851 per sqft)

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

Rents
Unit 403, 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, October 2013: AED 150,000 a yearNew contract, September 2014: AED 180,000 a yearRenewal, September 2015: AED 180,000 a yearRenewal, September 2016: AED 170,000 a yearRenewal, September 2017: AED 170,004 a yearNew contract, March 2018: AED 155,000 a yearRenewal, March 2019: AED 155,000 a yearRenewal, March 2020: AED 140,000 a yearRenewal, March 2021: AED 120,000 a yearRenewal, March 2022: AED 160,000 a yearNew contract, October 2022: AED 220,000 a yearRenewal, October 2023: AED 240,000 a yearNew contract, June 2024: AED 260,000 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 403 sits

All 39 3-beds →

403 last sold in May 2024 at AED 1,851 per sqft, 23% above what three-beds in Shoreline - Habool were fetching at the time (AED 1,503). 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. 403's AED 260,000 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 4th floor

All 107 units in Shoreline - Habool
Value
4012-bedAED 800K · Apr 2009
4023-bedAED 1.85M · Jul 2012
4041-bedAED 600K · Mar 2009
4052-bedAED 1.49M · Feb 2013
4062-bedAED 4.45M · Jan 2025
4072-bedAED 2.1M · Jun 2013
4082-bedAED 790K · Mar 2009
1–7 of 10

403, Shoreline - Habool in numbers

  • Sold 3 times: first on 21 April 2009 for AED 1,150,000, last on 8 May 2024 for AED 4,000,000 (AED 1,851 per sqft).
  • Rented since October 2013 on 13 Ejari contracts. The rent fell from AED 150,000 to AED 120,000 in 2021 and recovered to AED 260,000 by June 2024.
  • At AED 260,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 36,200 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 29 June 2024.

Questions about 403, Shoreline - Habool

What did unit 403 last sell for?

AED 4,000,000 on 8 May 2024: AED 1,851 per sqft for 2,161 sqft. The unit has 3 registered sales; the first was AED 1,150,000 in April 2009.

What is the rent for unit 403?

AED 260,000 a year on the contract signed on 29 June 2024. The previous contract, from October 2023, was AED 240,000; the unit has been rented since October 2013.

How big is unit 403?

2,161 sqft (200.8 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 403 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 403, Shoreline - Habool

Starts from the last sale price (AED 4M, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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