3-bed · 2,182 sqftShoreline - Nabat, Palm Jumeirah · 6th floor

602, 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 602 · DLD and Ejari recordsUpdated 16 December 2024
Last soldAED 1.22M27 December 2009
Current rentAED 120K /yr16 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Shoreline - Nabat

What is 602 worth today?

Last sold for AED 1,219,500 in 2009

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16 Dec 2024RentedRenewal
AED 120,000/yr12 months · AED 55 per sqft
16 Dec 2023RentedRenewal
AED 120,000/yr12 months · AED 55 per sqft
16 Dec 2022RentedRenewal
AED 120,000/yr12 months · AED 55 per sqft
16 Dec 2021RentedNew contract
AED 120,000/yr12 months · AED 55 per sqft
1 Sep 2021RentedNew contract
AED 145,000/yr12 months · AED 66 per sqft
1 Sep 2019RentedRenewal
AED 160,000/yr12 months · AED 73 per sqft
1 Sep 2018RentedRenewal
AED 178,000/yr12 months · AED 81 per sqft
1 Sep 2017RentedRenewal
AED 180,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 16 December 2024.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Floor
6th of 9
Parking
EUB8B02C66
Service charge
AED 25,100 /yr
Last sold
AED 1.22M · December 2009

About 602, Shoreline - Nabat

602 is a three-bedroom apartment of 2,182 sqft on the 6th 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 558 per sqft, 15% below the AED 658 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 16 December 2024, is AED 120,000 a year: a gross yield of 9.8% on the 2009 price, before the service charge of about AED 25,100 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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 558 per sqft)

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

Rents
Unit 602, 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, October 2013: AED 170,000 a yearNew contract, October 2014: AED 195,500 a yearNew contract, September 2016: AED 185,000 a yearRenewal, September 2017: AED 180,000 a yearRenewal, September 2018: AED 178,000 a yearRenewal, September 2019: AED 160,000 a yearNew contract, September 2021: AED 145,000 a yearNew contract, December 2021: AED 120,000 a yearRenewal, December 2022: AED 120,000 a yearRenewal, December 2023: AED 120,000 a yearRenewal, December 2024: AED 120,000 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 602 sits

All 39 3-beds →

602 last sold in December 2009 at AED 558 per sqft, 15% 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. 602's AED 120,000 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 6th floor

All 119 units in Shoreline - Nabat
Value
6012-bedAED 1.45M · Feb 2021
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

602, Shoreline - Nabat in numbers

  • Sold once: by the developer on 27 December 2009 for AED 1,219,500, or AED 558 per sqft.
  • Rented since October 2013 on 11 Ejari contracts, from AED 170,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2009 price is 9.8%, before a service charge of about AED 25,100 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 16 December 2024.

Questions about 602, Shoreline - Nabat

What did unit 602 last sell for?

AED 1,219,500 on 27 December 2009, sold by the developer: AED 558 per sqft for 2,182 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 120,000 a year on the contract renewed on 16 December 2024. The previous contract, from December 2023, was AED 120,000; the unit has been rented since October 2013.

How big is unit 602?

2,182 sqft (202.7 sqm): a three-bedroom apartment on the 6th floor of a 9-storey tower.

What is unit 602 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 602, 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 →