2-bed · 1,550 sqftShoreline - Haseer, Palm Jumeirah · Ground floor · completed 2007

G08, Shoreline - Haseer

Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G08 · DLD and Ejari recordsUpdated 25 January 2023
Last soldAED 1.95M21 December 2009
Current rentAED 132K /yr25 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G08, Shoreline - Haseer

What is G08 worth today?

Last sold for AED 1,950,000 in 2009

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25 Jan 2023RentedRenewal
AED 132,000/yr12 months · AED 85 per sqft
25 Jan 2022RentedRenewal
AED 126,000/yr12 months · AED 81 per sqft
25 Jan 2021RentedRenewal
AED 120,000/yr12 months · AED 77 per sqft
25 Jan 2020RentedRenewal
AED 120,000/yr12 months · AED 77 per sqft
25 Jan 2019RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft
13 Dec 2016RentedRenewal
AED 185,000/yr12 months · AED 119 per sqft
13 Dec 2015RentedNew contract
AED 185,000/yr12 months · AED 119 per sqft
13 Dec 2014RentedNew contract
AED 180,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 25 January 2023.

Key facts

Type
2-bed apartment
Size
1,550 sqft
Floor
Ground of 10
Parking
EUB7B02C8
Developer
Nakheel
Completed
2007
Service charge
AED 17,800 /yr
Last sold
AED 1.95M · December 2009

About G08, Shoreline - Haseer

G08 is a two-bedroom apartment of 1,550 sqft on the ground floor of Shoreline - Haseer, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 21 December 2009 for AED 1,950,000, or AED 1,258 per sqft, 22% above the AED 1,032 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 25 January 2023, is AED 132,000 a year: a gross yield of 6.8% on the 2009 price, before the service charge of about AED 17,800 a year.

Sales and rents for G08 over time

Sales
Unit G08, 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, December 2009: AED 1,950,000 (AED 1,258 per sqft)

G08 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit G08, 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, December 2014: AED 180,000 a yearNew contract, December 2015: AED 185,000 a yearRenewal, December 2016: AED 185,000 a yearNew contract, January 2019: AED 120,000 a yearRenewal, January 2020: AED 120,000 a yearRenewal, January 2021: AED 120,000 a yearRenewal, January 2022: AED 126,000 a yearRenewal, January 2023: AED 132,000 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 G08 sits

All 60 2-beds →

G08 last sold in December 2009 at AED 1,258 per sqft, 22% above what two-beds in Shoreline - Haseer were fetching at the time (AED 1,032). 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. G08's AED 132,000 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 ground floor

All 131 units in Shoreline - Haseer
Value
G012-bedAED 1.3M · Oct 2020
G023-bedAED 1.18M · Feb 2018
G041-bedAED 2.15M · Oct 2022
G052-bedAED 2.47M · Jul 2021
G061-bedAED 2.2M · Oct 2023
G071-bedAED 1.8M · Nov 2021
G091-bedAED 1.8M · Aug 2016
1–7 of 10

G08, Shoreline - Haseer in numbers

  • Sold once: by Nakheel on 21 December 2009 for AED 1,950,000, or AED 1,258 per sqft.
  • Rented since December 2014 on 8 Ejari contracts, from AED 180,000 to AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2009 price is 6.8%, before a service charge of about AED 17,800 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 January 2023.

Questions about G08, Shoreline - Haseer

What did unit G08 last sell for?

AED 1,950,000 on 21 December 2009, sold by the developer: AED 1,258 per sqft for 1,550 sqft. It is the only registered sale of the unit.

What is the rent for unit G08?

AED 132,000 a year on the contract renewed on 25 January 2023. The previous contract, from January 2022, was AED 126,000; the unit has been rented since December 2014.

How big is unit G08?

1,550 sqft (144.0 sqm): a two-bedroom apartment on the ground floor of a 10-storey tower completed in 2007.

What is unit G08 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 G08, Shoreline - Haseer

Starts from the last sale price (AED 1.95M, 21 December 2009). 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 →