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2-bed · 1,587 sqftShoreline - Haseer, Palm Jumeirah · 7th floor · completed 2007

712, Shoreline - Haseer

Sold prices and rental history: sold twice, last in June 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 25 June 2018
Last soldAED 1.8M25 June 2018
Current rentAED 130K /yr1 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 712, Shoreline - Haseer

What is 712 worth today?

Last sold for AED 1,800,000 in 2018

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25 Jun 2018SoldReady
AED 1,800,000AED 1,134 per sqft
1 Nov 2017RentedNew contract
AED 130,000/yr12 months · AED 82 per sqft
24 Jan 2014RentedNew contract
AED 155,000/yr12 months · AED 98 per sqft
24 Jan 2013RentedNew contract
AED 145,000/yr12 months · AED 92 per sqft
2 Feb 2010Sold by developerReady
AED 1,179,000AED 742 per sqft

Source: Dubai Land Department. Updated 25 June 2018.

Key facts

Type
2-bed apartment
Size
1,587 sqft
Floor
7th of 10
Parking
EUB7B02C21
Developer
Nakheel
Completed
2007
Service charge
AED 18,300 /yr
Last sold
AED 1.8M · June 2018
Building
Shoreline - Haseer

About 712, Shoreline - Haseer

712 is a two-bedroom apartment of 1,587 sqft on the 7th floor of Shoreline - Haseer, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 25 June 2018 for AED 1,800,000, or AED 1,134 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 November 2017, is AED 130,000 a year: a gross yield of 7.2% on the 2018 price, before the service charge of about AED 18,300 a year.

Sales and rents for 712 over time

Sales
Unit 712, each saleTypical two-bed in Shoreline - Haseer
2M4M6M2009201420192024Typical 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, February 2010: AED 1,179,000 (AED 742 per sqft)Sold, June 2018: AED 1,800,000 (AED 1,134 per sqft)

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

Rents
Unit 712, 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, January 2013: AED 145,000 a yearNew contract, January 2014: AED 155,000 a yearNew contract, November 2017: AED 130,000 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 712 sits

All 60 2-beds →

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. 712's AED 130,000 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 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

712, Shoreline - Haseer in numbers

  • Sold twice: first on 2 February 2010 for AED 1,179,000, last on 25 June 2018 for AED 1,800,000 (AED 1,134 per sqft).
  • Rented since January 2013 on 3 Ejari contracts, from AED 145,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2018 price is 7.2%, 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 25 June 2018.

Questions about 712, Shoreline - Haseer

What did unit 712 last sell for?

AED 1,800,000 on 25 June 2018: AED 1,134 per sqft for 1,587 sqft. The unit has 2 registered sales; the first was AED 1,179,000 in February 2010.

What is the rent for unit 712?

AED 130,000 a year on the contract signed on 1 November 2017. The previous contract, from January 2014, was AED 155,000; the unit has been rented since January 2013.

How big is unit 712?

1,587 sqft (147.4 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2007.

What is unit 712 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 712, Shoreline - Haseer

Starts from the last sale price (AED 1.8M, 25 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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