3-bed · 2,155 sqftShoreline - Nabat, Palm Jumeirah · 2nd floor

203, Shoreline - Nabat

Sold prices and rental history: sold once, by the developer in December 2009, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 14 January 2021
Last soldAED 1.65M29 December 2009
Current rentAED 125K /yr14 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Shoreline - Nabat

What is 203 worth today?

Last sold for AED 1,653,000 in 2009

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14 Jan 2021RentedNew contract
AED 125,000/yr12 months · AED 58 per sqft
1 Oct 2017RentedNew contract
AED 190,000/yr12 months · AED 88 per sqft
29 Dec 2009Sold by developerReady
AED 1,653,000AED 767 per sqft

Source: Dubai Land Department. Updated 14 January 2021.

Key facts

Type
3-bed apartment
Size
2,155 sqft
Floor
2nd of 9
Parking
EUB8B02C49
Service charge
AED 24,800 /yr
Last sold
AED 1.65M · December 2009

About 203, Shoreline - Nabat

203 is a three-bedroom apartment of 2,155 sqft on the 2nd floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. The developer sold it on 29 December 2009 for AED 1,653,000, or AED 767 per sqft, 11% above the AED 694 three-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 14 January 2021, is AED 125,000 a year: a gross yield of 7.6% on the 2009 price, before the service charge of about AED 24,800 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical three-bed in Shoreline - Nabat
2M4M20092013201720212025Typical sale price by year: 2009 AED 1,539,000; 2010 AED 1,603,000; 2011 AED 2,475,000; 2012 AED 2,885,000; 2013 AED 3,550,000; 2014 AED 4,000,000; 2018 AED 2,100,000; 2020 AED 2,000,000; 2023 AED 4,200,000; 2024 AED 4,850,000Sold by developer, December 2009: AED 1,653,000 (AED 767 per sqft)

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

Rents
Unit 203, each contractTypical three-bed in Shoreline - Nabat
200K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 173,500; 2014 AED 200,000; 2015 AED 210,000; 2016 AED 210,000; 2017 AED 199,174; 2018 AED 173,500; 2019 AED 160,000; 2020 AED 140,000; 2021 AED 141,875; 2022 AED 160,850; 2023 AED 173,250; 2024 AED 233,000; 2025 AED 241,500; 2026 AED 240,000New contract, October 2017: AED 190,000 a yearNew contract, January 2021: AED 125,000 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 - Nabat, and where 203 sits

All 39 3-beds →

203 last sold in December 2009 at AED 767 per sqft, 11% above what three-beds in Shoreline - Nabat were fetching at the time (AED 694). Over the last 12 months three-beds sold for AED 5,400,000, around AED 2,429 per sqft, and rent for AED 100,000 to 410,000 a year. 203's AED 125,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Dec 20255,400,000
16 Apr 20255,700,000
8 Oct 20245,500,000
24 Jun 20244,850,000
1 3-bed sale in the last 12 months

Shoreline - Nabat

Building

119 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah. 5 sold in the last 12 months.

Typical price per sqft
AED 3,254
Typical sale
AED 5.9M
Typical rent
AED 214K /yr
Typical yield
3.5%
Shoreline - Nabat, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 119 units in Shoreline - Nabat
Value
2012-bedAED 3.33M · Dec 2024
2023-bedAED 1.72M · Sep 2020
2041-bedAED 922K · Dec 2009
2052-bedAED 5.7M · Sep 2026
2062-bedAED 1.46M · Nov 2009
2072-bedAED 1.46M · Dec 2009
2082-bedAED 2.3M · Jun 2019
1–7 of 11

203, Shoreline - Nabat in numbers

  • Sold once: by the developer on 29 December 2009 for AED 1,653,000, or AED 767 per sqft.
  • Rented since October 2017 on 2 Ejari contracts, from AED 190,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2009 price is 7.6%, before a service charge of about AED 24,800 a year (AED 11.50 per sqft).
  • Three-beds in Shoreline - Nabat sold for AED 5,400,000–5,400,000 in the 12 months to November 2026; the building's median across all types is AED 3,254 per sqft.

Source: Dubai Land Department. Updated 14 January 2021.

Questions about 203, Shoreline - Nabat

What did unit 203 last sell for?

AED 1,653,000 on 29 December 2009, sold by the developer: AED 767 per sqft for 2,155 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 125,000 a year on the contract signed on 14 January 2021. The previous contract, from October 2017, was AED 190,000.

How big is unit 203?

2,155 sqft (200.2 sqm): a three-bedroom apartment on the 2nd floor of a 9-storey tower.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Nabat sold for AED 5,400,000 to 5,400,000 in the last 12 months, around AED 2,429 per sqft.

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Mortgage on 203, Shoreline - Nabat

Starts from the last sale price (AED 1.65M, 29 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,653,000
Deposit, UAE resident (20%)
AED 330,600
Deposit, non-resident (40%)
AED 661,200
Monthly over 25 years at 3.7%
AED 6,763

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