1-bed · 1,145 sqftShoreline - Habool, Palm Jumeirah · 7th floor · completed 2007

704, Shoreline - Habool

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 21 June 2023
Last soldAED 1.9M21 June 2023
Current rentAED 85K /yr6 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Shoreline - Habool

What is 704 worth today?

Last sold for AED 1,900,000 in 2023

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21 Jun 2023SoldReady
AED 1,900,000AED 1,658 per sqft
6 Jan 2023RentedRenewal
AED 85,250/yr12 months · AED 75 per sqft
6 Jan 2022RentedRenewal
AED 77,500/yr12 months · AED 68 per sqft
6 Jan 2021RentedRenewal
AED 77,500/yr12 months · AED 68 per sqft
6 Jan 2020RentedRenewal
AED 90,000/yr12 months · AED 79 per sqft
6 Jan 2019RentedRenewal
AED 100,000/yr12 months · AED 88 per sqft
6 Jan 2018RentedRenewal
AED 100,000/yr12 months · AED 88 per sqft
6 Jan 2017RentedRenewal
AED 115,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 21 June 2023.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
7th of 9
Parking
B2-103
Developer
Nakheel
Completed
2007
Service charge
AED 19,200 /yr
Last sold
AED 1.9M · June 2023

About 704, Shoreline - Habool

704 is a one-bedroom apartment of 1,145 sqft on the 7th floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 21 June 2023 for AED 1,900,000, or AED 1,658 per sqft, in line with the AED 1,658 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 6 January 2023, is AED 85,250 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 19,200 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, February 2010: AED 625,000 (AED 545 per sqft)Sold, June 2023: AED 1,900,000 (AED 1,658 per sqft)

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

Rents
Unit 704, 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, July 2014: AED 135,000 a yearNew contract, February 2015: AED 110,000 a yearRenewal, February 2016: AED 124,000 a yearRenewal, January 2017: AED 115,000 a yearRenewal, January 2018: AED 100,000 a yearRenewal, January 2019: AED 100,000 a yearRenewal, January 2020: AED 90,000 a yearRenewal, January 2021: AED 77,500 a yearRenewal, January 2022: AED 77,500 a yearRenewal, January 2023: AED 85,250 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 704 sits

All 22 1-beds →

704 last sold in June 2023 at AED 1,658 per sqft, in line with what one-beds in Shoreline - Habool were fetching at the time (AED 1,658). 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. 704's AED 85,250 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
1 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 7th floor

All 107 units in Shoreline - Habool
Value
7012-bedAED 1.37M · Jun 2019
7023-bedAED 1.18M · Mar 2009
7033-bedAED 1.18M · Mar 2009
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

704, Shoreline - Habool in numbers

  • Sold twice: first on 24 February 2010 for AED 625,000, last on 21 June 2023 for AED 1,900,000 (AED 1,658 per sqft).
  • Rented since July 2014 on 10 Ejari contracts, from AED 135,000 to AED 85,250 a year.
  • At AED 85,250 a year the gross yield on the 2023 price is 4.5%, 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 21 June 2023.

Questions about 704, Shoreline - Habool

What did unit 704 last sell for?

AED 1,900,000 on 21 June 2023: AED 1,658 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 625,000 in February 2010.

What is the rent for unit 704?

AED 85,250 a year on the contract renewed on 6 January 2023. The previous contract, from January 2022, was AED 77,500; the unit has been rented since July 2014.

How big is unit 704?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 704 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 704, Shoreline - Habool

Starts from the last sale price (AED 1.9M, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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