2-bed · 1,550 sqftShoreline - Nabat, Palm Jumeirah · 5th floor

505, Shoreline - Nabat

Sold prices and rental history: sold 3 times, last in April 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 22 April 2014
Last soldAED 3.5M22 April 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Shoreline - Nabat

What is 505 worth today?

Last sold for AED 3,500,000 in 2014

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22 Apr 2014SoldReady
AED 3,500,000AED 2,258 per sqft
11 Jan 2011SoldReady
AED 2,430,000AED 1,567 per sqft
5 Jan 2010Sold by developerReady
AED 1,080,000AED 696 per sqft

Source: Dubai Land Department. Updated 22 April 2014.

Key facts

Type
2-bed apartment
Size
1,550 sqft
Floor
5th of 9
Parking
EUB8B02C19
Service charge
AED 17,800 /yr
Last sold
AED 3.5M · April 2014

About 505, Shoreline - Nabat

505 is a two-bedroom apartment of 1,550 sqft on the 5th floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. It last sold on 22 April 2014 for AED 3,500,000, or AED 2,258 per sqft, 47% above the AED 1,540 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, 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, January 2010: AED 1,080,000 (AED 696 per sqft)Sold, January 2011: AED 2,430,000 (AED 1,567 per sqft)Sold, April 2014: AED 3,500,000 (AED 2,258 per sqft)

505 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 505, 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 199,619

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 505 sits

All 54 2-beds →

505 last sold in April 2014 at AED 2,258 per sqft, 47% above what two-beds in Shoreline - Nabat were fetching at the time (AED 1,540). 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.

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 5th floor

All 119 units in Shoreline - Nabat
Value
5012-bedAED 880K · Mar 2010
5023-bedAED 1.33M · Feb 2010
5033-bedAED 4.4M · Feb 2023
5041-bedAED 1.5M · Feb 2010
5062-bedAED 2.6M · Jan 2021
5072-bedAED 3.4M · Jun 2016
5082-bedAED 3.45M · Feb 2023
1–7 of 11

505, Shoreline - Nabat in numbers

  • Sold 3 times: first on 5 January 2010 for AED 1,080,000, last on 22 April 2014 for AED 3,500,000 (AED 2,258 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 22 April 2014.

Questions about 505, Shoreline - Nabat

What did unit 505 last sell for?

AED 3,500,000 on 22 April 2014: AED 2,258 per sqft for 1,550 sqft. The unit has 3 registered sales; the first was AED 1,080,000 in January 2010.

How big is unit 505?

1,550 sqft (144.0 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.

What is unit 505 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 505, Shoreline - Nabat

Starts from the last sale price (AED 3.5M, 22 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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