1-bed · 1,137 sqftShoreline - Nabat, Palm Jumeirah · 4th floor

409, Shoreline - Nabat

Sold prices and rental history: sold twice, last in January 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 8 April 2024
Last soldAED 1.75M9 January 2013
Current rentAED 110K /yr8 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Shoreline - Nabat

What is 409 worth today?

Last sold for AED 1,750,000 in 2013

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8 Apr 2024RentedRenewal
AED 109,725/yr12 months · AED 96 per sqft
8 Apr 2023RentedRenewal
AED 99,750/yr12 months · AED 87 per sqft
8 Apr 2022RentedRenewal
AED 99,750/yr12 months · AED 87 per sqft
8 Apr 2021RentedNew contract
AED 95,000/yr12 months · AED 83 per sqft
1 Feb 2020RentedNew contract
AED 115,000/yr12 months · AED 101 per sqft
6 Oct 2018RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
1 Jun 2017RentedNew contract
AED 132,000/yr12 months · AED 116 per sqft
9 Jan 2013SoldReady
AED 1,750,000AED 1,539 per sqft

Source: Dubai Land Department. Updated 8 April 2024.

Key facts

Type
1-bed apartment
Size
1,137 sqft
Floor
4th of 9
Parking
EUB8B02C10
Service charge
AED 13,100 /yr
Last sold
AED 1.75M · January 2013

About 409, Shoreline - Nabat

409 is a one-bedroom apartment of 1,137 sqft on the 4th floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. It last sold on 9 January 2013 for AED 1,750,000, or AED 1,539 per sqft.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 8 April 2024, is AED 109,725 a year: a gross yield of 6.3% on the 2013 price, before the service charge of about AED 13,100 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Shoreline - Nabat
1M2M2009201320172021Typical sale price by year: 2009 AED 969,000; 2010 AED 910,000; 2011 AED 1,450,000; 2013 AED 1,800,000; 2021 AED 1,850,000; 2023 AED 2,400,000Sold by developer, January 2010: AED 864,250 (AED 760 per sqft)Sold, January 2013: AED 1,750,000 (AED 1,539 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Shoreline - Nabat
100K150K2013201720212025Typical rent by year: 2013 AED 127,500; 2014 AED 140,000; 2015 AED 145,000; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 130,000; 2019 AED 115,000; 2020 AED 90,000; 2021 AED 105,000; 2022 AED 122,000; 2023 AED 147,500; 2024 AED 160,000; 2025 AED 156,000; 2026 AED 138,178New contract, June 2017: AED 132,000 a yearNew contract, October 2018: AED 120,000 a yearNew contract, February 2020: AED 115,000 a yearNew contract, April 2021: AED 95,000 a yearRenewal, April 2022: AED 99,750 a yearRenewal, April 2023: AED 99,750 a yearRenewal, April 2024: AED 109,725 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Nabat, and where 409 sits

All 22 1-beds →

409's AED 109,725 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Oct 20253,500,000
29 Oct 20243,450,000
17 Oct 20232,200,000
27 Sep 20232,300,000
0 1-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 4th floor

All 119 units in Shoreline - Nabat
Value
4012-bedAED 910K · Mar 2010
4023-bedAED 1.22M · Dec 2009
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
1–7 of 11

409, Shoreline - Nabat in numbers

  • Sold twice: first on 31 January 2010 for AED 864,250, last on 9 January 2013 for AED 1,750,000 (AED 1,539 per sqft).
  • Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 132,000 to AED 95,000 in 2021 and recovered to AED 109,725 by April 2024.
  • At AED 109,725 a year the gross yield on the 2013 price is 6.3%, before a service charge of about AED 13,100 a year (AED 11.50 per sqft).

Source: Dubai Land Department. Updated 8 April 2024.

Questions about 409, Shoreline - Nabat

What did unit 409 last sell for?

AED 1,750,000 on 9 January 2013: AED 1,539 per sqft for 1,137 sqft. The unit has 2 registered sales; the first was AED 864,250 in January 2010.

What is the rent for unit 409?

AED 109,725 a year on the contract renewed on 8 April 2024. The previous contract, from April 2023, was AED 99,750; the unit has been rented since June 2017.

How big is unit 409?

1,137 sqft (105.6 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 409, Shoreline - Nabat

Starts from the last sale price (AED 1.75M, 9 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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