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

612, Shoreline - Nabat

Sold prices and rental history: sold 5 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 19 November 2024
Last soldAED 2.9M3 May 2023
Current rentAED 175K /yr19 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Shoreline - Nabat

What is 612 worth today?

Last sold for AED 2,900,000 in 2023

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19 Nov 2024RentedRenewal
AED 175,000/yr12 months · AED 111 per sqft
19 Nov 2024RentedRenewal
AED 175,000/yr12 months · AED 111 per sqft
19 Nov 2023RentedRenewal
AED 115,000/yr12 months · AED 73 per sqft
3 May 2023SoldReady
AED 2,900,000AED 1,827 per sqft
19 Nov 2022RentedRenewal
AED 115,000/yr12 months · AED 73 per sqft
19 Nov 2021RentedRenewal
AED 115,000/yr12 months · AED 73 per sqft
19 Nov 2020RentedNew contract
AED 80,000/yr12 months · AED 51 per sqft
1 Oct 2019RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 19 November 2024.

Key facts

Type
2-bed apartment
Size
1,587 sqft
Floor
6th of 9
Parking
EUB8B02C93
Service charge
AED 18,300 /yr
Last sold
AED 2.9M · May 2023

About 612, Shoreline - Nabat

612 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 3 May 2023 for AED 2,900,000, or AED 1,827 per sqft, 18% below the AED 2,227 two-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 19 November 2024, is AED 175,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 18,300 a year.

Sales and rents for 612 over time

Sales
Unit 612, 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, March 2011: AED 1,545,000 (AED 973 per sqft)Sold, February 2012: AED 1,850,000 (AED 1,165 per sqft)Sold, February 2014: AED 2,700,000 (AED 1,701 per sqft)Sold, May 2023: AED 2,900,000 (AED 1,827 per sqft)

612 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 612, 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, June 2013: AED 140,000 a yearNew contract, June 2015: AED 187,000 a yearRenewal, June 2016: AED 187,000 a yearNew contract, August 2017: AED 130,000 a yearNew contract, October 2019: AED 110,000 a yearNew contract, November 2020: AED 80,000 a yearRenewal, November 2021: AED 115,000 a yearRenewal, November 2022: AED 115,000 a yearRenewal, November 2023: AED 115,000 a yearRenewal, November 2024: AED 175,000 a yearRenewal, November 2024: AED 175,000 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 612 sits

All 54 2-beds →

612 last sold in May 2023 at AED 1,827 per sqft, 18% below what two-beds in Shoreline - Nabat were fetching at the time (AED 2,227). 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. 612's AED 175,000 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
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
6062-bedAED 2.31M · Sep 2019
6072-bedAED 3.4M · Apr 2017
1–7 of 11

612, Shoreline - Nabat in numbers

  • Sold 5 times: first on 20 January 2010 for AED 910,000, last on 3 May 2023 for AED 2,900,000 (AED 1,827 per sqft).
  • Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 140,000 to AED 80,000 in 2020 and recovered to AED 175,000 by November 2024.
  • At AED 175,000 a year the gross yield on the 2023 price is 6.0%, 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 19 November 2024.

Questions about 612, Shoreline - Nabat

What did unit 612 last sell for?

AED 2,900,000 on 3 May 2023: AED 1,827 per sqft for 1,587 sqft. The unit has 5 registered sales; the first was AED 910,000 in January 2010.

What is the rent for unit 612?

AED 175,000 a year on the contract renewed on 19 November 2024. The previous contract, from November 2024, was AED 175,000; the unit has been rented since June 2013.

How big is unit 612?

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

What is unit 612 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 612, Shoreline - Nabat

Starts from the last sale price (AED 2.9M, 3 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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