2-bed · 1,587 sqftShoreline - Nabat, Palm Jumeirah · 6th floor

601, Shoreline - Nabat

Sold prices and rental history: sold twice, last in February 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 16 October 2024
Last soldAED 1.45M10 February 2021
Current rentAED 151K /yr16 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Shoreline - Nabat

What is 601 worth today?

Last sold for AED 1,450,000 in 2021

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16 Oct 2024RentedRenewal
AED 150,874/yr5 months · AED 95 per sqft
16 Oct 2023RentedRenewal
AED 126,000/yr12 months · AED 80 per sqft
16 Oct 2022RentedRenewal
AED 105,000/yr12 months · AED 66 per sqft
16 Oct 2021RentedNew contract
AED 88,000/yr12 months · AED 56 per sqft
10 Feb 2021SoldReady
AED 1,450,000AED 913 per sqft
16 Sep 2020RentedNew contract
AED 80,000/yr13 months · AED 51 per sqft
20 Apr 2016RentedNew contract
AED 160,000/yr12 months · AED 101 per sqft
20 Apr 2015RentedNew contract
AED 155,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 16 October 2024.

Key facts

Type
2-bed apartment
Size
1,587 sqft
Floor
6th of 9
Parking
EUB8B02C94
Service charge
AED 18,300 /yr
Last sold
AED 1.45M · February 2021

About 601, Shoreline - Nabat

601 is a two-bedroom apartment of 1,587 sqft on the 6th floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. It last sold on 10 February 2021 for AED 1,450,000, or AED 913 per sqft, in line with the AED 935 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 16 October 2024, is AED 150,874 a year: a gross yield of 10.4% on the 2021 price, before the service charge of about AED 18,300 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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, January 2010: AED 910,000 (AED 573 per sqft)Sold, February 2021: AED 1,450,000 (AED 913 per sqft)

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

Rents
Unit 601, 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, February 2014: AED 70,000 a yearNew contract, April 2015: AED 155,000 a yearNew contract, April 2016: AED 160,000 a yearNew contract, September 2020: AED 80,000 a yearNew contract, October 2021: AED 88,000 a yearRenewal, October 2022: AED 105,000 a yearRenewal, October 2023: AED 126,000 a yearRenewal, October 2024: AED 150,874 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 601 sits

All 54 2-beds →

601 last sold in February 2021 at AED 913 per sqft, in line with what two-beds in Shoreline - Nabat were fetching at the time (AED 935). 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. 601's AED 150,874 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 6th floor

All 119 units in Shoreline - Nabat
Value
6023-bedAED 1.22M · Dec 2009
6033-bedAED 1.6M · Jan 2010
6041-bedAED 910K · Jan 2010
6052-bedAED 1.51M · Jan 2010
6062-bedAED 2.31M · Sep 2019
6072-bedAED 3.4M · Apr 2017
6082-bedAED 1.17M · Jan 2010
1–7 of 11

601, Shoreline - Nabat in numbers

  • Sold twice: first on 5 January 2010 for AED 910,000, last on 10 February 2021 for AED 1,450,000 (AED 913 per sqft).
  • Rented since February 2014 on 8 Ejari contracts, from AED 70,000 to AED 150,874 a year.
  • At AED 150,874 a year the gross yield on the 2021 price is 10.4%, 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 16 October 2024.

Questions about 601, Shoreline - Nabat

What did unit 601 last sell for?

AED 1,450,000 on 10 February 2021: AED 913 per sqft for 1,587 sqft. The unit has 2 registered sales; the first was AED 910,000 in January 2010.

What is the rent for unit 601?

AED 150,874 a year on the contract renewed on 16 October 2024. The previous contract, from October 2023, was AED 126,000; the unit has been rented since February 2014.

How big is unit 601?

1,587 sqft (147.4 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower.

What is unit 601 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 601, Shoreline - Nabat

Starts from the last sale price (AED 1.45M, 10 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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