2-bed · 1,994 sqftShoreline - Nabat, Palm Jumeirah · 6th floor

606, Shoreline - Nabat

Sold prices and rental history: sold twice, last in September 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 22 March 2024
Last soldAED 2.31M29 September 2019
Current rentAED 330K /yr22 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Shoreline - Nabat

What is 606 worth today?

Last sold for AED 2,306,000 in 2019

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22 Mar 2024RentedNew contract
AED 330,000/yr24 months · AED 166 per sqft
1 Mar 2023RentedRenewal
AED 292,000/yr12 months · AED 147 per sqft
1 Mar 2022RentedNew contract
AED 266,000/yr12 months · AED 134 per sqft
29 Sep 2019SoldReady
AED 2,306,000AED 1,156 per sqft
13 Dec 2009Sold by developerReady
AED 1,480,000AED 742 per sqft

Source: Dubai Land Department. Updated 22 March 2024.

Key facts

Type
2-bed apartment
Size
1,994 sqft
Floor
6th of 9
Parking
EUB8B02C100
Service charge
AED 22,900 /yr
Last sold
AED 2.31M · September 2019

About 606, Shoreline - Nabat

606 is a two-bedroom apartment of 1,994 sqft on the 6th floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. It last sold on 29 September 2019 for AED 2,306,000, or AED 1,156 per sqft, 22% below the AED 1,484 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 22 March 2024, is AED 330,000 a year: a gross yield of 14.3% on the 2019 price, before the service charge of about AED 22,900 a year.

Sales and rents for 606 over time

Sales
Unit 606, 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, December 2009: AED 1,480,000 (AED 742 per sqft)Sold, September 2019: AED 2,306,000 (AED 1,156 per sqft)

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

Rents
Unit 606, each contractTypical two-bed in Shoreline - Nabat
100K200K300K2012201620202024Typical 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, March 2022: AED 266,000 a yearRenewal, March 2023: AED 292,000 a yearNew contract, March 2024: AED 330,000 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 606 sits

All 54 2-beds →

606 last sold in September 2019 at AED 1,156 per sqft, 22% below what two-beds in Shoreline - Nabat were fetching at the time (AED 1,484). 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. 606's AED 330,000 is at the top 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
6012-bedAED 1.45M · Feb 2021
6023-bedAED 1.22M · Dec 2009
6033-bedAED 1.6M · Jan 2010
6041-bedAED 910K · Jan 2010
6052-bedAED 1.51M · Jan 2010
6072-bedAED 3.4M · Apr 2017
6082-bedAED 1.17M · Jan 2010
1–7 of 11

606, Shoreline - Nabat in numbers

  • Sold twice: first on 13 December 2009 for AED 1,480,000, last on 29 September 2019 for AED 2,306,000 (AED 1,156 per sqft).
  • Rented since March 2022 on 3 Ejari contracts, from AED 266,000 to AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2019 price is 14.3%, before a service charge of about AED 22,900 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 22 March 2024.

Questions about 606, Shoreline - Nabat

What did unit 606 last sell for?

AED 2,306,000 on 29 September 2019: AED 1,156 per sqft for 1,994 sqft. The unit has 2 registered sales; the first was AED 1,480,000 in December 2009.

What is the rent for unit 606?

AED 330,000 a year on the contract signed on 22 March 2024. The previous contract, from March 2023, was AED 292,000; the unit has been rented since March 2022.

How big is unit 606?

1,994 sqft (185.2 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower.

What is unit 606 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 606, Shoreline - Nabat

Starts from the last sale price (AED 2.31M, 29 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,306,000
Deposit, UAE resident (20%)
AED 461,200
Deposit, non-resident (40%)
AED 922,400
Monthly over 25 years at 3.7%
AED 9,435

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