1-bed · 1,140 sqftShoreline - Haseer, Palm Jumeirah · 6th floor · completed 2007

609, Shoreline - Haseer

Sold prices and rental history: sold twice, last in October 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 8 October 2016
Last soldAED 1.95M8 October 2016
Current rentAED 127K /yr28 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Shoreline - Haseer

What is 609 worth today?

Last sold for AED 1,950,000 in 2016

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8 Oct 2016SoldReady
AED 1,950,000AED 1,710 per sqft
28 Jul 2015RentedRenewal
AED 126,500/yr12 months · AED 111 per sqft
28 Jul 2014RentedRenewal
AED 115,000/yr12 months · AED 101 per sqft
28 Jul 2013RentedRenewal
AED 100,000/yr12 months · AED 88 per sqft
28 Jul 2012RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
5 Jan 2010Sold by developerReady
AED 1,110,000AED 973 per sqft

Source: Dubai Land Department. Updated 8 October 2016.

Key facts

Type
1-bed apartment
Size
1,140 sqft
Floor
6th of 10
Parking
EUB7B02C17
Developer
Nakheel
Completed
2007
Service charge
AED 13,100 /yr
Last sold
AED 1.95M · October 2016

About 609, Shoreline - Haseer

609 is a one-bedroom apartment of 1,140 sqft on the 6th floor of Shoreline - Haseer, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 8 October 2016 for AED 1,950,000, or AED 1,710 per sqft, 8% above the AED 1,578 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 28 July 2015, is AED 126,500 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 13,100 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical one-bed in Shoreline - Haseer
1M2M2009201320172021Typical sale price by year: 2009 AED 782,657; 2010 AED 1,080,000; 2011 AED 1,486,000; 2016 AED 1,800,000; 2018 AED 1,710,000; 2020 AED 1,500,000; 2021 AED 1,730,000; 2023 AED 2,550,000Sold by developer, January 2010: AED 1,110,000 (AED 973 per sqft)Sold, October 2016: AED 1,950,000 (AED 1,710 per sqft)

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

Rents
Unit 609, each contractTypical one-bed in Shoreline - Haseer
100K150K2012201620202024Typical rent by year: 2013 AED 120,000; 2014 AED 130,000; 2015 AED 140,000; 2016 AED 136,250; 2017 AED 122,662; 2018 AED 121,000; 2019 AED 115,000; 2020 AED 95,000; 2021 AED 100,000; 2022 AED 112,500; 2023 AED 134,000; 2024 AED 155,000; 2025 AED 157,500; 2026 AED 151,500New contract, July 2012: AED 100,000 a yearRenewal, July 2013: AED 100,000 a yearRenewal, July 2014: AED 115,000 a yearRenewal, July 2015: AED 126,500 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 - Haseer, and where 609 sits

All 24 1-beds →

609 last sold in October 2016 at AED 1,710 per sqft, 8% above what one-beds in Shoreline - Haseer were fetching at the time (AED 1,578). Over the last 12 months one-beds sold for AED 4,150,000, around AED 3,640 per sqft, and rent for AED 137,000 to 180,000 a year. 609's AED 126,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Dec 20254,150,000
12 Nov 20243,100,000
22 Nov 20232,550,000
5 Oct 20232,200,000
1 1-bed sale 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 6th floor

All 131 units in Shoreline - Haseer
Value
6012-bedAED 1.15M · Jan 2010
6023-bedAED 1.36M · Mar 2010
6033-bedAED 1.86M · Jan 2010
6041-bedAED 1.8M · Jun 2013
6052-bedAED 1.6M · Nov 2009
6062-bedAED 1.76M · Dec 2009
6072-bedAED 2.8M · Jun 2010
1–7 of 11

609, Shoreline - Haseer in numbers

  • Sold twice: first on 5 January 2010 for AED 1,110,000, last on 8 October 2016 for AED 1,950,000 (AED 1,710 per sqft).
  • Rented since July 2012 on 4 Ejari contracts, from AED 100,000 to AED 126,500 a year.
  • At AED 126,500 a year the gross yield on the 2016 price is 6.5%, before a service charge of about AED 13,100 a year (AED 11.50 per sqft).
  • One-beds in Shoreline - Haseer sold for AED 4,150,000–4,150,000 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 8 October 2016.

Questions about 609, Shoreline - Haseer

What did unit 609 last sell for?

AED 1,950,000 on 8 October 2016: AED 1,710 per sqft for 1,140 sqft. The unit has 2 registered sales; the first was AED 1,110,000 in January 2010.

What is the rent for unit 609?

AED 126,500 a year on the contract renewed on 28 July 2015. The previous contract, from July 2014, was AED 115,000; the unit has been rented since July 2012.

How big is unit 609?

1,140 sqft (105.9 sqm): a one-bedroom apartment on the 6th floor of a 10-storey tower completed in 2007.

What is unit 609 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shoreline - Haseer sold for AED 4,150,000 to 4,150,000 in the last 12 months, around AED 3,640 per sqft.

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Mortgage on 609, Shoreline - Haseer

Starts from the last sale price (AED 1.95M, 8 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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