3-bed · 2,216 sqftShoreline - Nabat, Palm Jumeirah · 4th floor

402, Shoreline - Nabat

Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 1.22M27 December 2009
Current rentAED 160K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Shoreline - Nabat

What is 402 worth today?

Last sold for AED 1,219,500 in 2009

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1 Jan 2025RentedRenewal
AED 160,000/yr12 months · AED 72 per sqft
1 Jan 2024RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft
1 Jan 2023RentedNew contract
AED 165,000/yr12 months · AED 74 per sqft
1 Jan 2022RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft
22 Dec 2020RentedNew contract
AED 120,000/yr12 months · AED 54 per sqft
2 Nov 2019RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft
2 Nov 2018RentedNew contract
AED 170,000/yr12 months · AED 77 per sqft
27 Dec 2009Sold by developerReady
AED 1,219,500AED 550 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
3-bed apartment
Size
2,216 sqft
Floor
4th of 9
Parking
EUB8B02C123
Service charge
AED 25,500 /yr
Last sold
AED 1.22M · December 2009

About 402, Shoreline - Nabat

402 is a three-bedroom apartment of 2,216 sqft on the 4th floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. The developer sold it on 27 December 2009 for AED 1,219,500, or AED 550 per sqft, 16% below the AED 658 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 January 2025, is AED 160,000 a year: a gross yield of 13.1% on the 2009 price, before the service charge of about AED 25,500 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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 1,219,500 (AED 550 per sqft)

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

Rents
Unit 402, each contractTypical three-bed in Shoreline - Nabat
100K200K2012201620202024Typical 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, November 2018: AED 170,000 a yearNew contract, November 2019: AED 160,000 a yearNew contract, December 2020: AED 120,000 a yearNew contract, January 2022: AED 160,000 a yearNew contract, January 2023: AED 165,000 a yearNew contract, January 2024: AED 160,000 a yearRenewal, January 2025: AED 160,000 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 402 sits

All 39 3-beds →

402 last sold in December 2009 at AED 550 per sqft, 16% below what three-beds in Shoreline - Nabat were fetching at the time (AED 658). 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. 402's AED 160,000 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 4th floor

All 119 units in Shoreline - Nabat
Value
4012-bedAED 910K · Mar 2010
4033-bedAED 4.1M · Sep 2013
4041-bedAED 3.5M · Oct 2025
4052-bedAED 4.25M · Jun 2011
4062-bedAED 3M · May 2011
4072-bedAED 5.9M · May 2026
4082-bedAED 4.85M · Nov 2023
1–7 of 11

402, Shoreline - Nabat in numbers

  • Sold once: by the developer on 27 December 2009 for AED 1,219,500, or AED 550 per sqft.
  • Rented since November 2018 on 7 Ejari contracts. The rent fell from AED 170,000 to AED 120,000 in 2020 and recovered to AED 160,000 by January 2025.
  • At AED 160,000 a year the gross yield on the 2009 price is 13.1%, before a service charge of about AED 25,500 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 1 January 2025.

Questions about 402, Shoreline - Nabat

What did unit 402 last sell for?

AED 1,219,500 on 27 December 2009, sold by the developer: AED 550 per sqft for 2,216 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 160,000 a year on the contract renewed on 1 January 2025. The previous contract, from January 2024, was AED 160,000; the unit has been rented since November 2018.

How big is unit 402?

2,216 sqft (205.9 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower.

What is unit 402 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 402, Shoreline - Nabat

Starts from the last sale price (AED 1.22M, 27 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,219,500
Deposit, UAE resident (20%)
AED 243,900
Deposit, non-resident (40%)
AED 487,800
Monthly over 25 years at 3.7%
AED 4,989

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