2-bed · 1,590 sqftShoreline - Nabat, Palm Jumeirah · 3rd floor

301, Shoreline - Nabat

Sold prices and rental history: sold 4 times, last in January 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 19 January 2022
Last soldAED 1.9M19 January 2022
Current rentAED 90K /yr31 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Shoreline - Nabat

What is 301 worth today?

Last sold for AED 1,900,000 in 2022

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19 Jan 2022SoldReady
AED 1,900,000AED 1,194 per sqft
29 Nov 2020SoldReady
AED 1,205,000AED 757 per sqft
31 Jul 2020RentedNew contract
AED 90,000/yr12 months · AED 56 per sqft
1 Aug 2019RentedNew contract
AED 105,000/yr12 months · AED 66 per sqft
31 Jan 2010SoldReady
AED 1,650,000AED 1,037 per sqft
28 Dec 2009Sold by developerReady
AED 940,000AED 591 per sqft

Source: Dubai Land Department. Updated 19 January 2022.

Key facts

Type
2-bed apartment
Size
1,590 sqft
Floor
3rd of 9
Parking
EUB8B02C86
Service charge
AED 18,300 /yr
Last sold
AED 1.9M · January 2022

About 301, Shoreline - Nabat

301 is a two-bedroom apartment of 1,590 sqft on the 3rd floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. It last sold on 19 January 2022 for AED 1,900,000, or AED 1,194 per sqft, in line with the AED 1,194 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 31 July 2020, is AED 90,000 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 18,300 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in Shoreline - Nabat
05M2009201420192024Typical 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 940,000 (AED 591 per sqft)Sold, January 2010: AED 1,650,000 (AED 1,037 per sqft)Sold, November 2020: AED 1,205,000 (AED 757 per sqft)Sold, January 2022: AED 1,900,000 (AED 1,194 per sqft)

301 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 301, each contractTypical two-bed in Shoreline - Nabat
100K200K2012201620202024Typical 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, August 2019: AED 105,000 a yearNew contract, July 2020: AED 90,000 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 301 sits

All 54 2-beds →

301 last sold in January 2022 at AED 1,194 per sqft, in line with what two-beds in Shoreline - Nabat were fetching at the time (AED 1,194). 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. 301's AED 90,000 is at the bottom 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 3rd floor

All 119 units in Shoreline - Nabat
Value
3023-bedAED 1.32M · Dec 2009
3033-bedAED 4M · Sep 2014
3041-bedAED 2M · Oct 2021
3052-bedAED 1.2M · Dec 2009
3062-bedAED 1.54M · Dec 2009
3072-bedAED 1.75M · Jan 2010
3082-bedAED 2.48M · Dec 2010
1–7 of 11

301, Shoreline - Nabat in numbers

  • Sold 4 times: first on 28 December 2009 for AED 940,000, last on 19 January 2022 for AED 1,900,000 (AED 1,194 per sqft).
  • Rented since August 2019 on 2 Ejari contracts, from AED 105,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 4.7%, before a service charge of about AED 18,300 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 19 January 2022.

Questions about 301, Shoreline - Nabat

What did unit 301 last sell for?

AED 1,900,000 on 19 January 2022: AED 1,194 per sqft for 1,590 sqft. The unit has 4 registered sales; the first was AED 940,000 in December 2009.

What is the rent for unit 301?

AED 90,000 a year on the contract signed on 31 July 2020. The previous contract, from August 2019, was AED 105,000.

How big is unit 301?

1,590 sqft (147.7 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 301 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 301, Shoreline - Nabat

Starts from the last sale price (AED 1.9M, 19 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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