2-bed · 1,583 sqftShoreline - Habool, Palm Jumeirah · 9th floor · completed 2007

901, Shoreline - Habool

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 16 September 2024
Last soldAED 1.78M16 September 2024
Current rentAED 200K /yr11 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, Shoreline - Habool

What is 901 worth today?

Last sold for AED 1,775,000 in 2024

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16 Sep 2024SoldReady
AED 1,775,000AED 1,121 per sqft
11 Dec 2023RentedNew contract
AED 200,000/yr12 months · AED 126 per sqft
15 Dec 2022RentedNew contract
AED 155,000/yr12 months · AED 98 per sqft
10 Jun 2021RentedNew contract
AED 89,000/yr12 months · AED 56 per sqft
21 Jan 2020RentedNew contract
AED 90,000/yr12 months · AED 56 per sqft
31 Jul 2018RentedRenewal
AED 125,000/yr12 months · AED 78 per sqft
31 Jul 2017RentedNew contract
AED 125,000/yr12 months · AED 78 per sqft
1 Feb 2017RentedNew contract
AED 135,000/yr11 months · AED 85 per sqft

Source: Dubai Land Department. Updated 16 September 2024.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
9th of 9
Parking
B2-142
Developer
Nakheel
Completed
2007
Service charge
AED 26,500 /yr
Last sold
AED 1.78M · September 2024

About 901, Shoreline - Habool

901 is a two-bedroom apartment of 1,583 sqft on the 9th floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 16 September 2024 for AED 1,775,000, or AED 1,121 per sqft, 22% below the AED 1,439 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 11 December 2023, is AED 200,000 a year: a gross yield of 11.3% on the 2024 price, before the service charge of about AED 26,500 a year.

Sales and rents for 901 over time

Sales
Unit 901, 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, April 2009: AED 2,954,000 (AED 1,866 per sqft)Sold, September 2024: AED 1,775,000 (AED 1,121 per sqft)

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

Rents
Unit 901, each contractTypical two-bed in Shoreline - Habool
100K200K20112015201920232027Typical 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, February 2017: AED 135,000 a yearNew contract, July 2017: AED 125,000 a yearRenewal, July 2018: AED 125,000 a yearNew contract, January 2020: AED 90,000 a yearNew contract, June 2021: AED 89,000 a yearNew contract, December 2022: AED 155,000 a yearNew contract, December 2023: AED 200,000 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 901 sits

All 54 2-beds →

901 last sold in September 2024 at AED 1,121 per sqft, 22% below what two-beds in Shoreline - Habool were fetching at the time (AED 1,439). 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. 901's AED 200,000 is in the lower half 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 9th floor

All 107 units in Shoreline - Habool
Value
9023-bedAED 2.78M · May 2016
9033-bedAED 2.1M · May 2012
9041-bedAED 1.5M · Mar 2013
9052-bedAED 2.6M · Jul 2023
9062-bedAED 1.73M · Apr 2017
9072-bedAED 3.79M · Sep 2016
9082-bedAED 1.45M · May 2009
1–7 of 11

901, Shoreline - Habool in numbers

  • Sold twice: first on 22 April 2009 for AED 2,954,000, last on 16 September 2024 for AED 1,775,000 (AED 1,121 per sqft).
  • Rented since February 2017 on 7 Ejari contracts. The rent fell from AED 135,000 to AED 89,000 in 2021 and recovered to AED 200,000 by December 2023.
  • At AED 200,000 a year the gross yield on the 2024 price is 11.3%, 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 16 September 2024.

Questions about 901, Shoreline - Habool

What did unit 901 last sell for?

AED 1,775,000 on 16 September 2024: AED 1,121 per sqft for 1,583 sqft. The unit has 2 registered sales; the first was AED 2,954,000 in April 2009.

What is the rent for unit 901?

AED 200,000 a year on the contract signed on 11 December 2023. The previous contract, from December 2022, was AED 155,000; the unit has been rented since February 2017.

How big is unit 901?

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

What is unit 901 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 901, Shoreline - Habool

Starts from the last sale price (AED 1.78M, 16 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,775,000
Deposit, UAE resident (20%)
AED 355,000
Deposit, non-resident (40%)
AED 710,000
Monthly over 25 years at 3.7%
AED 7,262

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