2-bed · 1,587 sqftShoreline - Haseer, Palm Jumeirah · 1st floor · completed 2007

112, Shoreline - Haseer

Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 12 September 2022
Last soldAED 2.25M12 September 2022
Current rentAED 105K /yr10 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Shoreline - Haseer

What is 112 worth today?

Last sold for AED 2,245,000 in 2022

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12 Sep 2022SoldReady
AED 2,245,000AED 1,414 per sqft
10 Oct 2021RentedNew contract
AED 105,000/yr12 months · AED 66 per sqft
6 Aug 2020RentedRenewal
AED 95,000/yr12 months · AED 60 per sqft
6 Aug 2019RentedNew contract
AED 105,000/yr12 months · AED 66 per sqft
27 Aug 2018RentedRenewal
AED 140,000/yr12 months · AED 88 per sqft
27 Aug 2017RentedNew contract
AED 135,000/yr12 months · AED 85 per sqft
1 Sep 2016RentedNew contract
AED 152,500/yr12 months · AED 96 per sqft
20 Nov 2012SoldReady
AED 1,700,000AED 1,071 per sqft

Source: Dubai Land Department. Updated 12 September 2022.

Key facts

Type
2-bed apartment
Size
1,587 sqft
Floor
1st of 10
Parking
EUB7B02C75
Developer
Nakheel
Completed
2007
Service charge
AED 18,300 /yr
Last sold
AED 2.25M · September 2022

About 112, Shoreline - Haseer

112 is a two-bedroom apartment of 1,587 sqft on the 1st floor of Shoreline - Haseer, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 12 September 2022 for AED 2,245,000, or AED 1,414 per sqft, 22% below the AED 1,805 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 10 October 2021, is AED 105,000 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 18,300 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical two-bed in Shoreline - Haseer
2.5M5M2009201420192024Typical sale price by year: 2009 AED 1,485,000; 2010 AED 1,360,000; 2011 AED 2,311,868; 2012 AED 2,078,000; 2013 AED 2,600,000; 2014 AED 2,830,000; 2016 AED 2,200,000; 2017 AED 3,000,000; 2018 AED 2,162,500; 2019 AED 2,125,000; 2021 AED 2,535,000; 2022 AED 3,500,000; 2025 AED 5,500,000Sold by developer, March 2010: AED 999,000 (AED 629 per sqft)Sold, November 2012: AED 1,700,000 (AED 1,071 per sqft)Sold, September 2022: AED 2,245,000 (AED 1,414 per sqft)

112 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 112, each contractTypical two-bed in Shoreline - Haseer
100K150K200K2013201720212025Typical rent by year: 2013 AED 167,000; 2014 AED 188,750; 2015 AED 195,000; 2016 AED 187,500; 2017 AED 159,572; 2018 AED 158,500; 2019 AED 145,000; 2020 AED 122,674; 2021 AED 130,000; 2022 AED 145,000; 2023 AED 164,500; 2024 AED 204,250; 2025 AED 200,000; 2026 AED 200,000New contract, September 2016: AED 152,500 a yearNew contract, August 2017: AED 135,000 a yearRenewal, August 2018: AED 140,000 a yearNew contract, August 2019: AED 105,000 a yearRenewal, August 2020: AED 95,000 a yearNew contract, October 2021: AED 105,000 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 - Haseer, and where 112 sits

All 60 2-beds →

112 last sold in September 2022 at AED 1,414 per sqft, 22% below what two-beds in Shoreline - Haseer were fetching at the time (AED 1,805). Over the last 12 months two-beds sold for AED 4,900,000 to 6,900,000, around AED 3,311 per sqft, and rent for AED 144,210 to 330,000 a year. 112's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Apr 20264,900,000
3 Dec 20256,900,000
17 Oct 20256,200,000
23 Jun 20256,900,000
2 2-bed sales in the last 12 months

Shoreline - Haseer

Building

131 apartments, 1-bed to 4-bed over 10 floors in Palm Jumeirah, completed in 2007 by Nakheel. 3 sold in the last 12 months.

Typical price per sqft
AED 3,460
Typical sale
AED 4.9M
Typical rent
AED 200K /yr
Typical yield
3.7%
Shoreline - Haseer, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 131 units in Shoreline - Haseer
Value
1012-bedAED 2.8M · Apr 2014
1023-bedAED 1.51M · Dec 2009
1033-bedAED 2.6M · May 2016
1041-bedAED 1.8M · Jul 2021
1052-bedAED 2.6M · Dec 2009
1062-bedAED 599K · Feb 2018
1072-bedAED 2.73M · Mar 2011
1–7 of 11

112, Shoreline - Haseer in numbers

  • Sold 3 times: first on 11 March 2010 for AED 999,000, last on 12 September 2022 for AED 2,245,000 (AED 1,414 per sqft).
  • Rented since September 2016 on 6 Ejari contracts. The rent fell from AED 152,500 to AED 95,000 in 2020 and recovered to AED 105,000 by October 2021.
  • At AED 105,000 a year the gross yield on the 2022 price is 4.7%, before a service charge of about AED 18,300 a year (AED 11.50 per sqft).
  • Two-beds in Shoreline - Haseer sold for AED 4,900,000–6,900,000 in the 12 months to November 2026; the building's median across all types is AED 3,460 per sqft.

Source: Dubai Land Department. Updated 12 September 2022.

Questions about 112, Shoreline - Haseer

What did unit 112 last sell for?

AED 2,245,000 on 12 September 2022: AED 1,414 per sqft for 1,587 sqft. The unit has 3 registered sales; the first was AED 999,000 in March 2010.

What is the rent for unit 112?

AED 105,000 a year on the contract signed on 10 October 2021. The previous contract, from August 2020, was AED 95,000; the unit has been rented since September 2016.

How big is unit 112?

1,587 sqft (147.4 sqm): a two-bedroom apartment on the 1st floor of a 10-storey tower completed in 2007.

What is unit 112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Haseer sold for AED 4,900,000 to 6,900,000 in the last 12 months, around AED 3,311 per sqft.

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Mortgage on 112, Shoreline - Haseer

Starts from the last sale price (AED 2.25M, 12 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,245,000
Deposit, UAE resident (20%)
AED 449,000
Deposit, non-resident (40%)
AED 898,000
Monthly over 25 years at 3.7%
AED 9,185

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