3-bed · 2,161 sqftShoreline - Habool, Palm Jumeirah · 5th floor · completed 2007

503, Shoreline - Habool

Sold prices and rental history: sold twice, last in July 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 2 July 2018
Last soldAED 2.18M2 July 2018
Current rentAED 180K /yr25 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Shoreline - Habool

What is 503 worth today?

Last sold for AED 2,175,000 in 2018

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2 Jul 2018SoldReady
AED 2,175,000AED 1,006 per sqft
25 Feb 2017RentedRenewal
AED 180,000/yr12 months · AED 84 per sqft
25 Feb 2016RentedRenewal
AED 195,000/yr12 months · AED 91 per sqft
25 Feb 2015RentedNew contract
AED 184,000/yr12 months · AED 85 per sqft
25 Feb 2014RentedNew contract
AED 160,000/yr12 months · AED 74 per sqft
25 Feb 2013RentedNew contract
AED 168,000/yr12 months · AED 78 per sqft
22 Mar 2009Sold by developerReady
AED 1,150,000AED 532 per sqft

Source: Dubai Land Department. Updated 2 July 2018.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
5th of 9
Parking
B2-69,B2-70
Developer
Nakheel
Completed
2007
Service charge
AED 36,200 /yr
Last sold
AED 2.18M · July 2018

About 503, Shoreline - Habool

503 is a three-bedroom apartment of 2,161 sqft on the 5th floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 2 July 2018 for AED 2,175,000, or AED 1,006 per sqft, in line with the AED 1,006 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 25 February 2017, is AED 180,000 a year: a gross yield of 8.3% on the 2018 price, before the service charge of about AED 36,200 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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 532 per sqft)Sold, July 2018: AED 2,175,000 (AED 1,006 per sqft)

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

Rents
Unit 503, 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, February 2013: AED 168,000 a yearNew contract, February 2014: AED 160,000 a yearNew contract, February 2015: AED 184,000 a yearRenewal, February 2016: AED 195,000 a yearRenewal, February 2017: AED 180,000 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 503 sits

All 39 3-beds →

503 last sold in July 2018 at AED 1,006 per sqft, in line with what three-beds in Shoreline - Habool were fetching at the time (AED 1,006). 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. 503's AED 180,000 is in the lower 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 5th floor

All 107 units in Shoreline - Habool
Value
5012-bedAED 800K · Feb 2020
5023-bedAED 2.64M · Nov 2021
5041-bedAED 2.98M · Feb 2026
5052-bedAED 3.93M · Jun 2025
5062-bedAED 3M · Jan 2012
5072-bedAED 2.33M · Nov 2016
5082-bedAED 2.3M · Jun 2009
1–7 of 11

503, Shoreline - Habool in numbers

  • Sold twice: first on 22 March 2009 for AED 1,150,000, last on 2 July 2018 for AED 2,175,000 (AED 1,006 per sqft).
  • Rented since February 2013 on 5 Ejari contracts, from AED 168,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2018 price is 8.3%, 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 2 July 2018.

Questions about 503, Shoreline - Habool

What did unit 503 last sell for?

AED 2,175,000 on 2 July 2018: AED 1,006 per sqft for 2,161 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in March 2009.

What is the rent for unit 503?

AED 180,000 a year on the contract renewed on 25 February 2017. The previous contract, from February 2016, was AED 195,000; the unit has been rented since February 2013.

How big is unit 503?

2,161 sqft (200.8 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.

What is unit 503 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 503, Shoreline - Habool

Starts from the last sale price (AED 2.18M, 2 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,175,000
Deposit, UAE resident (20%)
AED 435,000
Deposit, non-resident (40%)
AED 870,000
Monthly over 25 years at 3.7%
AED 8,899

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