3-bed · 2,155 sqftShoreline - Nabat, Palm Jumeirah · 7th floor

703, Shoreline - Nabat

Sold prices and rental history: sold 6 times, last in December 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 23 December 2020
Last soldAED 2.25M23 December 2020
Current rentAED 100K /yr3 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Shoreline - Nabat

What is 703 worth today?

Last sold for AED 2,250,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 Dec 2020SoldReady
AED 2,250,000AED 1,044 per sqft
3 Jul 2019RentedNew contract
AED 99,732/yr12 months · AED 46 per sqft
22 Apr 2019SoldReady
AED 3,000,000AED 1,392 per sqft
26 Sep 2017RentedRenewal
AED 220,593/yr12 months · AED 102 per sqft
26 Sep 2016RentedNew contract
AED 238,000/yr12 months · AED 111 per sqft
3 Feb 2016RentedNew contract
AED 215,000/yr12 months · AED 100 per sqft
20 Sep 2015RentedNew contract
AED 220,500/yr12 months · AED 102 per sqft
23 Sep 2014SoldReady
AED 4,250,000AED 1,972 per sqft

Source: Dubai Land Department. Updated 23 December 2020.

Key facts

Type
3-bed apartment
Size
2,155 sqft
Floor
7th of 9
Parking
EUB8B02C145 & EUB8B02C146
Service charge
AED 24,800 /yr
Last sold
AED 2.25M · December 2020

About 703, Shoreline - Nabat

703 is a three-bedroom apartment of 2,155 sqft on the 7th floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. It last sold on 23 December 2020 for AED 2,250,000, or AED 1,044 per sqft, 13% above the AED 928 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 3 July 2019, is AED 99,732 a year: a gross yield of 4.4% on the 2020 price, before the service charge of about AED 24,800 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, January 2010: AED 1,624,500 (AED 753 per sqft)Sold, January 2011: AED 2,450,000 (AED 1,136 per sqft)Sold, September 2013: AED 3,800,000 (AED 1,763 per sqft)Sold, September 2014: AED 4,250,000 (AED 1,972 per sqft)Sold, April 2019: AED 3,000,000 (AED 1,392 per sqft)Sold, December 2020: AED 2,250,000 (AED 1,044 per sqft)

703 has sold 6 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 703, 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, September 2012: AED 200,000 a yearNew contract, September 2015: AED 220,500 a yearNew contract, February 2016: AED 215,000 a yearNew contract, September 2016: AED 238,000 a yearRenewal, September 2017: AED 220,593 a yearNew contract, July 2019: AED 99,732 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 703 sits

All 39 3-beds →

703 last sold in December 2020 at AED 1,044 per sqft, 13% above what three-beds in Shoreline - Nabat were fetching at the time (AED 928). 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. 703's AED 99,732 is at the bottom 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 7th floor

All 119 units in Shoreline - Nabat
Value
7012-bedAED 940K · Jan 2010
7023-bedAED 1.25M · Dec 2009
7041-bedAED 2.5M · Feb 2023
7052-bedAED 1.26M · Mar 2010
7062-bedAED 7.5M · Dec 2025
7072-bedAED 6.23M · Oct 2024
7082-bedAED 3.63M · Mar 2023
1–7 of 11

703, Shoreline - Nabat in numbers

  • Sold 6 times: first on 12 January 2010 for AED 1,624,500, last on 23 December 2020 for AED 2,250,000 (AED 1,044 per sqft).
  • Rented since September 2012 on 6 Ejari contracts, from AED 200,000 to AED 99,732 a year.
  • At AED 99,732 a year the gross yield on the 2020 price is 4.4%, before a service charge of about AED 24,800 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 23 December 2020.

Questions about 703, Shoreline - Nabat

What did unit 703 last sell for?

AED 2,250,000 on 23 December 2020: AED 1,044 per sqft for 2,155 sqft. The unit has 6 registered sales; the first was AED 1,624,500 in January 2010.

What is the rent for unit 703?

AED 99,732 a year on the contract signed on 3 July 2019. The previous contract, from September 2017, was AED 220,593; the unit has been rented since September 2012.

How big is unit 703?

2,155 sqft (200.2 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower.

What is unit 703 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.

Selling 703? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 703, Shoreline - Nabat

Starts from the last sale price (AED 2.25M, 23 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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