1-bed · 1,145 sqftShoreline - Habool, Palm Jumeirah · 4th floor · completed 2007

404, Shoreline - Habool

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 19 March 2024
Last soldAED 600K22 March 2009
Current rentAED 104K /yr19 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Shoreline - Habool

What is 404 worth today?

Last sold for AED 600,000 in 2009

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19 Mar 2024RentedRenewal
AED 104,464/yr4 months · AED 92 per sqft
19 Mar 2023RentedRenewal
AED 95,000/yr12 months · AED 83 per sqft
19 Mar 2022RentedRenewal
AED 77,000/yr12 months · AED 67 per sqft
19 Mar 2021RentedNew contract
AED 70,000/yr12 months · AED 61 per sqft
1 Jan 2019RentedRenewal
AED 100,000/yr12 months · AED 88 per sqft
1 Jan 2018RentedRenewal
AED 110,000/yr12 months · AED 96 per sqft
1 Jan 2017RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
22 Mar 2009Sold by developerReady
AED 600,000AED 523 per sqft

Source: Dubai Land Department. Updated 19 March 2024.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
4th of 9
Parking
B2-52
Developer
Nakheel
Completed
2007
Service charge
AED 19,200 /yr
Last sold
AED 600K · March 2009

About 404, Shoreline - Habool

404 is a one-bedroom apartment of 1,145 sqft on the 4th 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 600,000, or AED 523 per sqft, in line with the AED 524 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 19 March 2024, is AED 104,464 a year: a gross yield of 17.4% on the 2009 price, before the service charge of about AED 19,200 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Shoreline - Habool
1M2M2009201320172021Typical sale price by year: 2009 AED 625,000; 2012 AED 1,150,000; 2023 AED 1,810,000Sold by developer, March 2009: AED 600,000 (AED 523 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Shoreline - Habool
100K2013201720212025Typical rent by year: 2013 AED 90,000; 2014 AED 105,000; 2015 AED 110,000; 2016 AED 112,500; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 85,000; 2020 AED 79,992; 2021 AED 70,000; 2022 AED 78,250; 2023 AED 91,410; 2024 AED 120,750; 2025 AED 128,000; 2026 AED 130,000New contract, January 2017: AED 110,000 a yearRenewal, January 2018: AED 110,000 a yearRenewal, January 2019: AED 100,000 a yearNew contract, March 2021: AED 70,000 a yearRenewal, March 2022: AED 77,000 a yearRenewal, March 2023: AED 95,000 a yearRenewal, March 2024: AED 104,464 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Habool, and where 404 sits

All 22 1-beds →

404 last sold in March 2009 at AED 523 per sqft, in line with what one-beds in Shoreline - Habool were fetching at the time (AED 524). Over the last 12 months one-beds sold for AED 2,975,000, around AED 2,597 per sqft, and rent for AED 107,500 to 165,000 a year. 404's AED 104,464 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Feb 20262,975,000
8 Feb 20242,340,000
28 Sep 20232,250,000
21 Jun 20231,900,000
1 1-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
4033-bedAED 4M · May 2024
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

404, Shoreline - Habool in numbers

  • Sold once: by Nakheel on 22 March 2009 for AED 600,000, or AED 523 per sqft.
  • Rented since January 2017 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2021 and recovered to AED 104,464 by March 2024.
  • At AED 104,464 a year the gross yield on the 2009 price is 17.4%, before a service charge of about AED 19,200 a year (AED 16.76 per sqft).
  • One-beds in Shoreline - Habool sold for AED 2,975,000–2,975,000 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 19 March 2024.

Questions about 404, Shoreline - Habool

What did unit 404 last sell for?

AED 600,000 on 22 March 2009, sold by the developer: AED 523 per sqft for 1,145 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 104,464 a year on the contract renewed on 19 March 2024. The previous contract, from March 2023, was AED 95,000; the unit has been rented since January 2017.

How big is unit 404?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shoreline - Habool sold for AED 2,975,000 to 2,975,000 in the last 12 months, around AED 2,597 per sqft.

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Mortgage on 404, Shoreline - Habool

Starts from the last sale price (AED 600K, 22 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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