2-bed · 1,583 sqftShoreline - Habool, Palm Jumeirah · 6th floor · completed 2007

601, Shoreline - Habool

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 825K22 March 2009
Current rentAED 120K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Shoreline - Habool

What is 601 worth today?

Last sold for AED 825,000 in 2009

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1 Jul 2024RentedRenewal
AED 120,000/yr12 months · AED 76 per sqft
1 Jul 2023RentedRenewal
AED 120,000/yr12 months · AED 76 per sqft
1 Jul 2022RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
29 Jan 2021RentedRenewal
AED 100,000/yr13 months · AED 63 per sqft
29 Jan 2020RentedRenewal
AED 100,000/yr12 months · AED 63 per sqft
29 Jan 2019RentedNew contract
AED 100,000/yr12 months · AED 63 per sqft
16 Jun 2017RentedRenewal
AED 125,000/yr12 months · AED 78 per sqft
16 Jun 2016RentedRenewal
AED 125,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
6th of 9
Parking
B2-86
Developer
Nakheel
Completed
2007
Service charge
AED 26,500 /yr
Last sold
AED 825K · March 2009

About 601, Shoreline - Habool

601 is a two-bedroom apartment of 1,583 sqft on the 6th 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 825,000, or AED 521 per sqft, in line with the AED 521 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 120,000 a year: a gross yield of 14.5% on the 2009 price, before the service charge of about AED 26,500 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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 825,000 (AED 521 per sqft)

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

Rents
Unit 601, 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 2013: AED 125,000 a yearNew contract, June 2014: AED 125,000 a yearNew contract, June 2015: AED 125,000 a yearRenewal, June 2016: AED 125,000 a yearRenewal, June 2017: AED 125,000 a yearNew contract, January 2019: AED 100,000 a yearRenewal, January 2020: AED 100,000 a yearRenewal, January 2021: AED 100,000 a yearNew contract, July 2022: AED 120,000 a yearRenewal, July 2023: AED 120,000 a yearRenewal, July 2024: AED 120,000 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 601 sits

All 54 2-beds →

601 last sold in March 2009 at AED 521 per sqft, in line with 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. 601's AED 120,000 is at the bottom 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 6th floor

All 107 units in Shoreline - Habool
Value
6023-bedAED 2.7M · Feb 2016
6033-bedAED 1.85M · Jun 2021
6041-bedAED 1.95M · Mar 2009
6052-bedAED 3.99M · Aug 2025
6062-bedAED 2.75M · Feb 2023
6072-bedAED 3.65M · Jun 2026
6082-bedAED 1.73M · Aug 2021
1–7 of 11

601, Shoreline - Habool in numbers

  • Sold once: by Nakheel on 22 March 2009 for AED 825,000, or AED 521 per sqft.
  • Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 125,000 to AED 100,000 in 2021 and recovered to AED 120,000 by July 2024.
  • At AED 120,000 a year the gross yield on the 2009 price is 14.5%, before a service charge of about AED 26,500 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 1 July 2024.

Questions about 601, Shoreline - Habool

What did unit 601 last sell for?

AED 825,000 on 22 March 2009, sold by the developer: AED 521 per sqft for 1,583 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 120,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 120,000; the unit has been rented since June 2013.

How big is unit 601?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2007.

What is unit 601 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 601, Shoreline - Habool

Starts from the last sale price (AED 825K, 22 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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