2-bed · 1,550 sqftShoreline - Nabat, Palm Jumeirah · 3rd floor

305, Shoreline - Nabat

Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 11 February 2023
Last soldAED 1.2M29 December 2009
Current rentAED 155K /yr11 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Shoreline - Nabat

What is 305 worth today?

Last sold for AED 1,197,000 in 2009

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11 Feb 2023RentedRenewal
AED 155,000/yr12 months · AED 100 per sqft
11 Feb 2022RentedNew contract
AED 155,000/yr12 months · AED 100 per sqft
1 Feb 2021RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft
18 Oct 2019RentedRenewal
AED 145,000/yr12 months · AED 94 per sqft
18 Oct 2018RentedNew contract
AED 153,000/yr12 months · AED 99 per sqft
19 Oct 2017RentedNew contract
AED 170,000/yr12 months · AED 110 per sqft
20 Aug 2016RentedNew contract
AED 180,000/yr12 months · AED 116 per sqft
19 Oct 2015RentedRenewal
AED 185,000/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 11 February 2023.

Key facts

Type
2-bed apartment
Size
1,550 sqft
Floor
3rd of 9
Parking
EUB8B02C107
Service charge
AED 17,800 /yr
Last sold
AED 1.2M · December 2009

About 305, Shoreline - Nabat

305 is a two-bedroom apartment of 1,550 sqft on the 3rd floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. The developer sold it on 29 December 2009 for AED 1,197,000, or AED 772 per sqft, 4% above the AED 742 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 11 February 2023, is AED 155,000 a year: a gross yield of 13.0% on the 2009 price, before the service charge of about AED 17,800 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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 1,197,000 (AED 772 per sqft)

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

Rents
Unit 305, 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, October 2013: AED 160,000 a yearNew contract, October 2014: AED 185,000 a yearRenewal, October 2015: AED 185,000 a yearNew contract, August 2016: AED 180,000 a yearNew contract, October 2017: AED 170,000 a yearNew contract, October 2018: AED 153,000 a yearRenewal, October 2019: AED 145,000 a yearNew contract, February 2021: AED 120,000 a yearNew contract, February 2022: AED 155,000 a yearRenewal, February 2023: AED 155,000 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 305 sits

All 54 2-beds →

305 last sold in December 2009 at AED 772 per sqft, 4% above what two-beds in Shoreline - Nabat were fetching at the time (AED 742). 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. 305's AED 155,000 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 3rd floor

All 119 units in Shoreline - Nabat
Value
3012-bedAED 1.9M · Jan 2022
3023-bedAED 1.32M · Dec 2009
3033-bedAED 4M · Sep 2014
3041-bedAED 2M · Oct 2021
3062-bedAED 1.54M · Dec 2009
3072-bedAED 1.75M · Jan 2010
3082-bedAED 2.48M · Dec 2010
1–7 of 11

305, Shoreline - Nabat in numbers

  • Sold once: by the developer on 29 December 2009 for AED 1,197,000, or AED 772 per sqft.
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 160,000 to AED 120,000 in 2021 and recovered to AED 155,000 by February 2023.
  • At AED 155,000 a year the gross yield on the 2009 price is 13.0%, 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 11 February 2023.

Questions about 305, Shoreline - Nabat

What did unit 305 last sell for?

AED 1,197,000 on 29 December 2009, sold by the developer: AED 772 per sqft for 1,550 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 155,000 a year on the contract renewed on 11 February 2023. The previous contract, from February 2022, was AED 155,000; the unit has been rented since October 2013.

How big is unit 305?

1,550 sqft (144.0 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 305 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 305, Shoreline - Nabat

Starts from the last sale price (AED 1.2M, 29 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,197,000
Deposit, UAE resident (20%)
AED 239,400
Deposit, non-resident (40%)
AED 478,800
Monthly over 25 years at 3.7%
AED 4,897

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