3-bed · 2,221 sqftShoreline - Habool, Palm Jumeirah · 5th floor · completed 2007

511, Shoreline - Habool

Sold prices and rental history: sold twice, last in July 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 4 July 2024
Last soldAED 3.7M4 July 2024
Current rentAED 187K /yr9 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Shoreline - Habool

What is 511 worth today?

Last sold for AED 3,700,000 in 2024

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4 Jul 2024SoldReady
AED 3,700,000AED 1,665 per sqft
9 Aug 2023RentedRenewal
AED 187,204/yr10 months · AED 84 per sqft
9 Aug 2021RentedRenewal
AED 125,000/yr12 months · AED 56 per sqft
9 Aug 2020RentedNew contract
AED 125,000/yr12 months · AED 56 per sqft
11 Jun 2012Sold by developerReady
AED 1,150,000AED 517 per sqft

Source: Dubai Land Department. Updated 4 July 2024.

Key facts

Type
3-bed apartment
Size
2,221 sqft
Floor
5th of 9
Parking
B2-79,B2-80
Developer
Nakheel
Completed
2007
Service charge
AED 37,200 /yr
Last sold
AED 3.7M · July 2024

About 511, Shoreline - Habool

511 is a three-bedroom apartment of 2,221 sqft on the 5th floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 4 July 2024 for AED 3,700,000, or AED 1,665 per sqft, in line with the AED 1,665 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 9 August 2023, is AED 187,204 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 37,200 a year.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical three-bed in Shoreline - Habool
2M4M2009201420192024Typical 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, June 2012: AED 1,150,000 (AED 517 per sqft)Sold, July 2024: AED 3,700,000 (AED 1,665 per sqft)

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

Rents
Unit 511, 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, August 2020: AED 125,000 a yearRenewal, August 2021: AED 125,000 a yearRenewal, August 2023: AED 187,204 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 511 sits

All 39 3-beds →

511 last sold in July 2024 at AED 1,665 per sqft, in line with what three-beds in Shoreline - Habool were fetching at the time (AED 1,665). 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. 511's AED 187,204 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
8 May 20244,000,000
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
5033-bedAED 2.18M · Jul 2018
5041-bedAED 2.98M · Feb 2026
5052-bedAED 3.93M · Jun 2025
5062-bedAED 3M · Jan 2012
5072-bedAED 2.33M · Nov 2016
1–7 of 11

511, Shoreline - Habool in numbers

  • Sold twice: first on 11 June 2012 for AED 1,150,000, last on 4 July 2024 for AED 3,700,000 (AED 1,665 per sqft).
  • Rented since August 2020 on 3 Ejari contracts, from AED 125,000 to AED 187,204 a year.
  • At AED 187,204 a year the gross yield on the 2024 price is 5.1%, 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 4 July 2024.

Questions about 511, Shoreline - Habool

What did unit 511 last sell for?

AED 3,700,000 on 4 July 2024: AED 1,665 per sqft for 2,221 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in June 2012.

What is the rent for unit 511?

AED 187,204 a year on the contract renewed on 9 August 2023. The previous contract, from August 2021, was AED 125,000; the unit has been rented since August 2020.

How big is unit 511?

2,221 sqft (206.3 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.

What is unit 511 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 511, Shoreline - Habool

Starts from the last sale price (AED 3.7M, 4 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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