2-bed · 1,587 sqftShoreline - Haseer, Palm Jumeirah · 6th floor · completed 2007

612, Shoreline - Haseer

Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 23 May 2021
Last soldAED 1.51M23 May 2021
Current rentAED 131K /yr1 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Shoreline - Haseer

What is 612 worth today?

Last sold for AED 1,510,000 in 2021

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23 May 2021SoldReady
AED 1,510,000AED 951 per sqft
1 Feb 2019RentedNew contract
AED 131,000/yr12 months · AED 83 per sqft
16 Nov 2015RentedRenewal
AED 156,000/yr12 months · AED 99 per sqft
16 Nov 2014RentedRenewal
AED 156,000/yr12 months · AED 99 per sqft
16 Nov 2013RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft
10 Oct 2010Sold by developerReady
AED 640,000AED 403 per sqft

Source: Dubai Land Department. Updated 23 May 2021.

Key facts

Type
2-bed apartment
Size
1,587 sqft
Floor
6th of 10
Parking
EUB7B02C22
Developer
Nakheel
Completed
2007
Service charge
AED 18,300 /yr
Last sold
AED 1.51M · May 2021

About 612, Shoreline - Haseer

612 is a two-bedroom apartment of 1,587 sqft on the 6th floor of Shoreline - Haseer, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 23 May 2021 for AED 1,510,000, or AED 951 per sqft, in line with the AED 951 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 February 2019, is AED 131,000 a year: a gross yield of 8.7% on the 2021 price, before the service charge of about AED 18,300 a year.

Sales and rents for 612 over time

Sales
Unit 612, each saleTypical two-bed in Shoreline - Haseer
02.5M5M2009201420192024Typical 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, October 2010: AED 640,000 (AED 403 per sqft)Sold, May 2021: AED 1,510,000 (AED 951 per sqft)

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

Rents
Unit 612, 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, November 2013: AED 150,000 a yearRenewal, November 2014: AED 156,000 a yearRenewal, November 2015: AED 156,000 a yearNew contract, February 2019: AED 131,000 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 612 sits

All 60 2-beds →

612 last sold in May 2021 at AED 951 per sqft, in line with what two-beds in Shoreline - Haseer were fetching at the time (AED 951). 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. 612's AED 131,000 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 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

612, Shoreline - Haseer in numbers

  • Sold twice: first on 10 October 2010 for AED 640,000, last on 23 May 2021 for AED 1,510,000 (AED 951 per sqft).
  • Rented since November 2013 on 4 Ejari contracts, from AED 150,000 to AED 131,000 a year.
  • At AED 131,000 a year the gross yield on the 2021 price is 8.7%, 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 23 May 2021.

Questions about 612, Shoreline - Haseer

What did unit 612 last sell for?

AED 1,510,000 on 23 May 2021: AED 951 per sqft for 1,587 sqft. The unit has 2 registered sales; the first was AED 640,000 in October 2010.

What is the rent for unit 612?

AED 131,000 a year on the contract signed on 1 February 2019. The previous contract, from November 2015, was AED 156,000; the unit has been rented since November 2013.

How big is unit 612?

1,587 sqft (147.4 sqm): a two-bedroom apartment on the 6th floor of a 10-storey tower completed in 2007.

What is unit 612 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 612, Shoreline - Haseer

Starts from the last sale price (AED 1.51M, 23 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,510,000
Deposit, UAE resident (20%)
AED 302,000
Deposit, non-resident (40%)
AED 604,000
Monthly over 25 years at 3.7%
AED 6,178

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