3-bed · 2,152 sqftShoreline - Haseer, Palm Jumeirah · 5th floor · completed 2007

503, Shoreline - Haseer

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

Unit 503 · DLD and Ejari recordsUpdated 26 May 2023
Last soldAED 4.3M26 May 2023
Current rentAED 235K /yr5 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Shoreline - Haseer

What is 503 worth today?

Last sold for AED 4,300,000 in 2023

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26 May 2023SoldReady
AED 4,300,000AED 1,998 per sqft
5 Jan 2023RentedRenewal
AED 235,000/yr12 months · AED 109 per sqft
5 Jan 2022RentedRenewal
AED 205,000/yr12 months · AED 95 per sqft
5 Jan 2021RentedRenewal
AED 195,000/yr12 months · AED 91 per sqft
5 Jan 2020RentedRenewal
AED 225,000/yr12 months · AED 105 per sqft
5 Jan 2019RentedRenewal
AED 225,000/yr12 months · AED 105 per sqft
5 Jan 2018RentedRenewal
AED 225,000/yr12 months · AED 105 per sqft
5 Jan 2017RentedRenewal
AED 240,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 26 May 2023.

Key facts

Type
3-bed apartment
Size
2,152 sqft
Floor
5th of 10
Parking
EUB7B02C71
Developer
Nakheel
Completed
2007
Service charge
AED 24,700 /yr
Last sold
AED 4.3M · May 2023

About 503, Shoreline - Haseer

503 is a three-bedroom apartment of 2,152 sqft on the 5th floor of Shoreline - Haseer, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 26 May 2023 for AED 4,300,000, or AED 1,998 per sqft, 31% above the AED 1,526 three-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 5 January 2023, is AED 235,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 24,700 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical three-bed in Shoreline - Haseer
2M4M2009201320172021Typical sale price by year: 2009 AED 1,404,500; 2010 AED 1,545,000; 2011 AED 2,225,000; 2013 AED 3,575,000; 2015 AED 2,725,000; 2016 AED 2,750,000; 2018 AED 2,350,000; 2019 AED 2,400,000; 2021 AED 2,300,000; 2022 AED 3,250,000; 2023 AED 3,775,000Sold by developer, March 2010: AED 1,790,000 (AED 831 per sqft)Sold, May 2023: AED 4,300,000 (AED 1,998 per sqft)

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

Rents
Unit 503, each contractTypical three-bed in Shoreline - Haseer
200K2012201620202024Typical rent by year: 2012 AED 180,000; 2013 AED 186,500; 2014 AED 215,000; 2015 AED 205,000; 2016 AED 205,000; 2017 AED 187,000; 2018 AED 170,000; 2019 AED 160,000; 2020 AED 130,000; 2021 AED 145,000; 2022 AED 187,500; 2023 AED 200,000; 2024 AED 230,000; 2025 AED 235,201; 2026 AED 260,000New contract, January 2014: AED 246,400 a yearNew contract, January 2015: AED 247,500 a yearRenewal, January 2016: AED 250,000 a yearRenewal, January 2017: AED 240,000 a yearRenewal, January 2018: AED 225,000 a yearRenewal, January 2019: AED 225,000 a yearRenewal, January 2020: AED 225,000 a yearRenewal, January 2021: AED 195,000 a yearRenewal, January 2022: AED 205,000 a yearRenewal, January 2023: AED 235,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shoreline - Haseer, and where 503 sits

All 43 3-beds →

503 last sold in May 2023 at AED 1,998 per sqft, 31% above what three-beds in Shoreline - Haseer were fetching at the time (AED 1,526). 503's AED 235,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
15 Sep 20255,401,425
4 Jul 20244,500,000
31 May 20244,100,000
25 Apr 20233,200,000
0 3-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 5th floor

All 131 units in Shoreline - Haseer
Value
5012-bedAED 1.25M · Jan 2010
5023-bedAED 1.25M · Mar 2010
5041-bedAED 2.19M · Nov 2021
5052-bedAED 3.5M · Sep 2022
5062-bedAED 3.5M · Jan 2022
5072-bedAED 3M · Apr 2012
5082-bedAED 5.3M · Feb 2025
1–7 of 11

503, Shoreline - Haseer in numbers

  • Sold twice: first on 8 March 2010 for AED 1,790,000, last on 26 May 2023 for AED 4,300,000 (AED 1,998 per sqft).
  • Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 246,400 to AED 195,000 in 2021 and recovered to AED 235,000 by January 2023.
  • At AED 235,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 24,700 a year (AED 11.50 per sqft).

Source: Dubai Land Department. Updated 26 May 2023.

Questions about 503, Shoreline - Haseer

What did unit 503 last sell for?

AED 4,300,000 on 26 May 2023: AED 1,998 per sqft for 2,152 sqft. The unit has 2 registered sales; the first was AED 1,790,000 in March 2010.

What is the rent for unit 503?

AED 235,000 a year on the contract renewed on 5 January 2023. The previous contract, from January 2022, was AED 205,000; the unit has been rented since January 2014.

How big is unit 503?

2,152 sqft (199.9 sqm): a three-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 503, Shoreline - Haseer

Starts from the last sale price (AED 4.3M, 26 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

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