2-bed · 1,583 sqftShoreline - Habool, Palm Jumeirah · 7th floor · completed 2007

701, Shoreline - Habool

Sold prices and rental history: sold twice, last in June 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 16 June 2019
Last soldAED 1.37M16 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Shoreline - Habool

What is 701 worth today?

Last sold for AED 1,370,000 in 2019

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16 Jun 2019SoldReady
AED 1,370,000AED 865 per sqft
22 Mar 2009Sold by developerReady
AED 825,000AED 521 per sqft

Source: Dubai Land Department. Updated 16 June 2019.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
7th of 9
Parking
B2-98
Developer
Nakheel
Completed
2007
Service charge
AED 26,500 /yr
Last sold
AED 1.37M · June 2019

About 701, Shoreline - Habool

701 is a two-bedroom apartment of 1,583 sqft on the 7th floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 16 June 2019 for AED 1,370,000, or AED 865 per sqft, in line with the AED 850 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, 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)Sold, June 2019: AED 1,370,000 (AED 865 per sqft)

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

Rents
Unit 701, 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 175,000

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 701 sits

All 54 2-beds →

701 last sold in June 2019 at AED 865 per sqft, in line with what two-beds in Shoreline - Habool were fetching at the time (AED 850). 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.

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 7th floor

All 107 units in Shoreline - Habool
Value
7023-bedAED 1.18M · Mar 2009
7033-bedAED 1.18M · Mar 2009
7041-bedAED 1.9M · Jun 2023
7052-bedAED 1.36M · Mar 2024
7062-bedAED 4.55M · Jun 2025
7072-bedAED 2.6M · Feb 2014
7082-bedAED 815K · Apr 2009
1–7 of 11

701, Shoreline - Habool in numbers

  • Sold twice: first on 22 March 2009 for AED 825,000, last on 16 June 2019 for AED 1,370,000 (AED 865 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 16 June 2019.

Questions about 701, Shoreline - Habool

What did unit 701 last sell for?

AED 1,370,000 on 16 June 2019: AED 865 per sqft for 1,583 sqft. The unit has 2 registered sales; the first was AED 825,000 in March 2009.

How big is unit 701?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 701 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 701, Shoreline - Habool

Starts from the last sale price (AED 1.37M, 16 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,370,000
Deposit, UAE resident (20%)
AED 274,000
Deposit, non-resident (40%)
AED 548,000
Monthly over 25 years at 3.7%
AED 5,605

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