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3-bed · 2,182 sqftShoreline - Haseer, Palm Jumeirah · 7th floor · completed 2007

702, Shoreline - Haseer

Sold prices and rental history: sold 3 times, last in October 2019, and rented once, from September 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 17 October 2019
Last soldAED 2.76M17 October 2019
Current rentAED 158K /yr1 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Shoreline - Haseer

What is 702 worth today?

Last sold for AED 2,760,000 in 2019

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17 Oct 2019SoldReady
AED 2,760,000AED 1,264 per sqft
1 Sep 2018RentedNew contract
AED 158,000/yr12 months · AED 72 per sqft
30 Oct 2011SoldReady
AED 2,225,000AED 1,019 per sqft
18 Jul 2011Sold by developerReady
AED 800,000AED 366 per sqft

Source: Dubai Land Department. Updated 17 October 2019.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Floor
7th of 10
Parking
EUB7B02C45
Developer
Nakheel
Completed
2007
Service charge
AED 25,100 /yr
Last sold
AED 2.76M · October 2019
Building
Shoreline - Haseer

About 702, Shoreline - Haseer

702 is a three-bedroom apartment of 2,182 sqft on the 7th floor of Shoreline - Haseer, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 17 October 2019 for AED 2,760,000, or AED 1,264 per sqft, 13% above the AED 1,117 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2018. The current contract, signed on 1 September 2018, is AED 158,000 a year: a gross yield of 5.7% on the 2019 price, before the service charge of about AED 25,100 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, July 2011: AED 800,000 (AED 366 per sqft)Sold, October 2011: AED 2,225,000 (AED 1,019 per sqft)Sold, October 2019: AED 2,760,000 (AED 1,264 per sqft)

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

Rents
Unit 702, 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, September 2018: AED 158,000 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 702 sits

All 43 3-beds →

702 last sold in October 2019 at AED 1,264 per sqft, 13% above what three-beds in Shoreline - Haseer were fetching at the time (AED 1,117). 702's AED 158,000 is at the bottom 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
26 May 20234,300,000
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 7th floor

All 131 units in Shoreline - Haseer
Value
7012-bedAED 2.2M · Jul 2013
7033-bedAED 3.55M · Oct 2022
7041-bedAED 1.1M · Jun 2011
7052-bedAED 3M · Feb 2017
7062-bedAED 1.71M · Dec 2009
7072-bedAED 5.3M · Jul 2014
7082-bedAED 945K · Feb 2017
1–7 of 11

702, Shoreline - Haseer in numbers

  • Sold 3 times: first on 18 July 2011 for AED 800,000, last on 17 October 2019 for AED 2,760,000 (AED 1,264 per sqft).
  • Rented since September 2018 on one Ejari contract, at AED 158,000 a year.
  • At AED 158,000 a year the gross yield on the 2019 price is 5.7%, before a service charge of about AED 25,100 a year (AED 11.50 per sqft).

Source: Dubai Land Department. Updated 17 October 2019.

Questions about 702, Shoreline - Haseer

What did unit 702 last sell for?

AED 2,760,000 on 17 October 2019: AED 1,264 per sqft for 2,182 sqft. The unit has 3 registered sales; the first was AED 800,000 in July 2011.

What is the rent for unit 702?

AED 158,000 a year on the contract signed on 1 September 2018.

How big is unit 702?

2,182 sqft (202.7 sqm): a three-bedroom apartment on the 7th floor of a 10-storey tower completed in 2007.

What is unit 702 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 702, Shoreline - Haseer

Starts from the last sale price (AED 2.76M, 17 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,760,000
Deposit, UAE resident (20%)
AED 552,000
Deposit, non-resident (40%)
AED 1,104,000
Monthly over 25 years at 3.7%
AED 11,292

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