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2-bed · 1,549 sqftShoreline - Nabat, Palm Jumeirah · 2nd floor

208, Shoreline - Nabat

Sold prices and rental history: sold twice, last in June 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 24 June 2019
Last soldAED 2.3M24 June 2019
Current rentAED 165K /yr21 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 208, Shoreline - Nabat

What is 208 worth today?

Last sold for AED 2,300,000 in 2019

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24 Jun 2019SoldReady
AED 2,300,000AED 1,484 per sqft
21 Sep 2018RentedRenewal
AED 165,000/yr12 months · AED 107 per sqft
21 Sep 2017RentedNew contract
AED 165,000/yr12 months · AED 107 per sqft
4 Sep 2016RentedNew contract
AED 185,000/yr12 months · AED 119 per sqft
10 Mar 2016RentedNew contract
AED 200,000/yr12 months · AED 129 per sqft
8 Nov 2014RentedNew contract
AED 200,000/yr12 months · AED 129 per sqft
8 Nov 2013RentedNew contract
AED 190,000/yr12 months · AED 123 per sqft
29 Dec 2009Sold by developerReady
AED 1,161,000AED 749 per sqft

Source: Dubai Land Department. Updated 24 June 2019.

Key facts

Type
2-bed apartment
Size
1,549 sqft
Floor
2nd of 9
Parking
EUB8B02C21
Service charge
AED 17,800 /yr
Last sold
AED 2.3M · June 2019
Building
Shoreline - Nabat

About 208, Shoreline - Nabat

208 is a two-bedroom apartment of 1,549 sqft on the 2nd floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. It last sold on 24 June 2019 for AED 2,300,000, or AED 1,484 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 21 September 2018, is AED 165,000 a year: a gross yield of 7.2% on the 2019 price, before the service charge of about AED 17,800 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical two-bed in Shoreline - Nabat
2.5M5M2009201420192024Typical sale price by year: 2009 AED 1,290,000; 2010 AED 1,310,000; 2011 AED 1,830,000; 2012 AED 3,000,000; 2013 AED 2,360,000; 2014 AED 2,700,000; 2016 AED 3,050,000; 2019 AED 2,306,000; 2021 AED 2,050,000; 2023 AED 3,825,000; 2024 AED 4,252,500; 2025 AED 6,500,000Sold by developer, December 2009: AED 1,161,000 (AED 749 per sqft)Sold, June 2019: AED 2,300,000 (AED 1,484 per sqft)

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

Rents
Unit 208, each contractTypical two-bed in Shoreline - Nabat
150K200K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 162,150; 2014 AED 182,500; 2015 AED 187,000; 2016 AED 185,000; 2017 AED 162,500; 2018 AED 153,000; 2019 AED 142,500; 2020 AED 127,500; 2021 AED 120,000; 2022 AED 150,000; 2023 AED 180,000; 2024 AED 192,500; 2025 AED 208,950; 2026 AED 199,619New contract, November 2013: AED 190,000 a yearNew contract, November 2014: AED 200,000 a yearNew contract, March 2016: AED 200,000 a yearNew contract, September 2016: AED 185,000 a yearNew contract, September 2017: AED 165,000 a yearRenewal, September 2018: AED 165,000 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 - Nabat, and where 208 sits

All 54 2-beds →

Over the last 12 months two-beds sold for AED 5,700,000 to 7,500,000, around AED 3,466 per sqft, and rent for AED 149,257 to 295,000 a year. 208's AED 165,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Sep 20265,700,000
4 May 20265,900,000
12 Dec 20257,500,000
10 Nov 20256,500,000
4 2-bed sales 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
2033-bedAED 1.65M · Dec 2009
2041-bedAED 922K · Dec 2009
2052-bedAED 5.7M · Sep 2026
2062-bedAED 1.46M · Nov 2009
2072-bedAED 1.46M · Dec 2009
1–7 of 11

208, Shoreline - Nabat in numbers

  • Sold twice: first on 29 December 2009 for AED 1,161,000, last on 24 June 2019 for AED 2,300,000 (AED 1,484 per sqft).
  • Rented since November 2013 on 6 Ejari contracts, from AED 190,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2019 price is 7.2%, before a service charge of about AED 17,800 a year (AED 11.50 per sqft).
  • Two-beds in Shoreline - Nabat sold for AED 5,700,000–7,500,000 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 24 June 2019.

Questions about 208, Shoreline - Nabat

What did unit 208 last sell for?

AED 2,300,000 on 24 June 2019: AED 1,484 per sqft for 1,549 sqft. The unit has 2 registered sales; the first was AED 1,161,000 in December 2009.

What is the rent for unit 208?

AED 165,000 a year on the contract renewed on 21 September 2018. The previous contract, from September 2017, was AED 165,000; the unit has been rented since November 2013.

How big is unit 208?

1,549 sqft (143.9 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower.

What is unit 208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Nabat sold for AED 5,700,000 to 7,500,000 in the last 12 months, around AED 3,466 per sqft.

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Mortgage on 208, Shoreline - Nabat

Starts from the last sale price (AED 2.3M, 24 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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