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2-bed · 775 sqftShoreline - Haseer, Palm Jumeirah · 7th floor · completed 2007

708, Shoreline - Haseer

Sold prices and rental history: sold twice, last in February 2017, and rented once, from April 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 1 April 2017
Last soldAED 945K12 February 2017
Current rentAED 170K /yr1 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 708, Shoreline - Haseer

What is 708 worth today?

Last sold for AED 945,000 in 2017

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1 Apr 2017RentedNew contract
AED 170,000/yr12 months · AED 110 per sqft
12 Feb 2017SoldReady
AED 945,000AED 1,219 per sqft
2 Mar 2010Sold by developerReady
AED 1,890,000AED 1,219 per sqft

Source: Dubai Land Department. Updated 1 April 2017.

Key facts

Type
2-bed apartment
Size
775 sqft
Floor
7th of 10
Parking
EUB7B02C99
Developer
Nakheel
Completed
2007
Service charge
AED 8,900 /yr
Last sold
AED 945K · February 2017
Building
Shoreline - Haseer

About 708, Shoreline - Haseer

708 is a two-bedroom apartment of 775 sqft on the 7th floor of Shoreline - Haseer, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 12 February 2017 for AED 945,000, or AED 1,219 per sqft, 12% below the AED 1,386 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2017. The current contract, signed on 1 April 2017, is AED 170,000 a year: a gross yield of 18.0% on the 2017 price, before the service charge of about AED 8,900 a year.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical two-bed in Shoreline - Haseer
2.5M5M2009201420192024Typical 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, March 2010: AED 1,890,000 (AED 1,219 per sqft)Sold, February 2017: AED 945,000 (AED 1,219 per sqft)

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

Rents
Unit 708, 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, April 2017: AED 170,000 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 708 sits

All 60 2-beds →

708 last sold in February 2017 at AED 1,219 per sqft, 12% below what two-beds in Shoreline - Haseer were fetching at the time (AED 1,386). 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. 708's AED 170,000 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 7th floor

All 131 units in Shoreline - Haseer
Value
7012-bedAED 2.2M · Jul 2013
7023-bedAED 2.76M · Oct 2019
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
1–7 of 11

708, Shoreline - Haseer in numbers

  • Sold twice: first on 2 March 2010 for AED 1,890,000, last on 12 February 2017 for AED 945,000 (AED 1,219 per sqft).
  • Rented since April 2017 on one Ejari contract, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2017 price is 18.0%, before a service charge of about AED 8,900 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 1 April 2017.

Questions about 708, Shoreline - Haseer

What did unit 708 last sell for?

AED 945,000 on 12 February 2017: AED 1,219 per sqft for 775 sqft. The unit has 2 registered sales; the first was AED 1,890,000 in March 2010.

What is the rent for unit 708?

AED 170,000 a year on the contract signed on 1 April 2017.

How big is unit 708?

775 sqft (72.0 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2007.

What is unit 708 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 708, Shoreline - Haseer

Starts from the last sale price (AED 945K, 12 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 945,000
Deposit, UAE resident (20%)
AED 189,000
Deposit, non-resident (40%)
AED 378,000
Monthly over 25 years at 3.7%
AED 3,866

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