2-bed · 1,550 sqftShoreline - Haseer, Palm Jumeirah · 4th floor · completed 2007

405, Shoreline - Haseer

Sold prices and rental history: sold 3 times, last in July 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 22 July 2019
Last soldAED 2.5M22 July 2019
Current rentAED 187K /yr7 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Shoreline - Haseer

What is 405 worth today?

Last sold for AED 2,500,000 in 2019

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22 Jul 2019SoldReady
AED 2,500,000AED 1,612 per sqft
11 Mar 2019SoldReady
AED 2,125,000AED 1,370 per sqft
7 Feb 2018RentedRenewal
AED 187,000/yr12 months · AED 121 per sqft
7 Feb 2017RentedNew contract
AED 195,000/yr12 months · AED 126 per sqft
7 Feb 2016RentedRenewal
AED 195,000/yr12 months · AED 126 per sqft
7 Feb 2015RentedNew contract
AED 195,000/yr12 months · AED 126 per sqft
7 Feb 2014RentedRenewal
AED 195,000/yr12 months · AED 126 per sqft
7 Feb 2013RentedNew contract
AED 180,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 22 July 2019.

Key facts

Type
2-bed apartment
Size
1,550 sqft
Floor
4th of 10
Parking
EUB7B02C94
Developer
Nakheel
Completed
2007
Service charge
AED 17,800 /yr
Last sold
AED 2.5M · July 2019

About 405, Shoreline - Haseer

405 is a two-bedroom apartment of 1,550 sqft on the 4th floor of Shoreline - Haseer, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 22 July 2019 for AED 2,500,000, or AED 1,612 per sqft, 5% above the AED 1,532 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 7 February 2018, is AED 187,000 a year: a gross yield of 7.5% on the 2019 price, before the service charge of about AED 17,800 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Shoreline - Haseer
2M4M6M2009201420192024Typical 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, December 2009: AED 1,301,500 (AED 839 per sqft)Sold, March 2019: AED 2,125,000 (AED 1,370 per sqft)Sold, July 2019: AED 2,500,000 (AED 1,612 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Shoreline - Haseer
150K200K2013201720212025Typical 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, February 2013: AED 180,000 a yearRenewal, February 2014: AED 195,000 a yearNew contract, February 2015: AED 195,000 a yearRenewal, February 2016: AED 195,000 a yearNew contract, February 2017: AED 195,000 a yearRenewal, February 2018: AED 187,000 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 405 sits

All 60 2-beds →

405 last sold in July 2019 at AED 1,612 per sqft, 5% above what two-beds in Shoreline - Haseer were fetching at the time (AED 1,532). 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. 405's AED 187,000 is in the lower half 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 4th floor

All 131 units in Shoreline - Haseer
Value
4012-bedAED 2.95M · Jul 2024
4023-bedAED 2.78M · Aug 2022
4033-bedAED 3.8M · Sep 2015
4041-bedAED 1M · Jul 2021
4062-bedAED 6.2M · Oct 2025
4072-bedAED 1.67M · Mar 2010
4082-bedAED 4.9M · Apr 2026
1–7 of 11

405, Shoreline - Haseer in numbers

  • Sold 3 times: first on 27 December 2009 for AED 1,301,500, last on 22 July 2019 for AED 2,500,000 (AED 1,612 per sqft).
  • Rented since February 2013 on 6 Ejari contracts, from AED 180,000 to AED 187,000 a year.
  • At AED 187,000 a year the gross yield on the 2019 price is 7.5%, before a service charge of about AED 17,800 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 22 July 2019.

Questions about 405, Shoreline - Haseer

What did unit 405 last sell for?

AED 2,500,000 on 22 July 2019: AED 1,612 per sqft for 1,550 sqft. The unit has 3 registered sales; the first was AED 1,301,500 in December 2009.

What is the rent for unit 405?

AED 187,000 a year on the contract renewed on 7 February 2018. The previous contract, from February 2017, was AED 195,000; the unit has been rented since February 2013.

How big is unit 405?

1,550 sqft (144.0 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2007.

What is unit 405 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 405, Shoreline - Haseer

Starts from the last sale price (AED 2.5M, 22 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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