2-bed · 1,549 sqftShoreline - Nabat, Palm Jumeirah · 7th floor

708, Shoreline - Nabat

Sold prices and rental history: sold twice, last in March 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 3.63M14 March 2023
Current rentAED 365K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Shoreline - Nabat

What is 708 worth today?

Last sold for AED 3,630,000 in 2023

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15 Mar 2024RentedNew contract
AED 365,000/yr12 months · AED 235 per sqft
14 Mar 2023SoldReady
AED 3,630,000AED 2,343 per sqft
8 Feb 2022RentedNew contract
AED 150,000/yr12 months · AED 97 per sqft
1 Sep 2021RentedNew contract
AED 125,000/yr12 months · AED 81 per sqft
23 Mar 2010Sold by developerReady
AED 1,134,000AED 732 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
2-bed apartment
Size
1,549 sqft
Floor
7th of 9
Parking
EUB8B02C79
Service charge
AED 17,800 /yr
Last sold
AED 3.63M · March 2023

About 708, Shoreline - Nabat

708 is a two-bedroom apartment of 1,549 sqft on the 7th floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. It last sold on 14 March 2023 for AED 3,630,000, or AED 2,343 per sqft, 5% above the AED 2,227 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 15 March 2024, is AED 365,000 a year: a gross yield of 10.1% on the 2023 price, before the service charge of about AED 17,800 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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, March 2010: AED 1,134,000 (AED 732 per sqft)Sold, March 2023: AED 3,630,000 (AED 2,343 per sqft)

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

Rents
Unit 708, each contractTypical two-bed in Shoreline - Nabat
200K400K2012201620202024Typical 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, September 2021: AED 125,000 a yearNew contract, February 2022: AED 150,000 a yearNew contract, March 2024: AED 365,000 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 708 sits

All 54 2-beds →

708 last sold in March 2023 at AED 2,343 per sqft, 5% above 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. 708's AED 365,000 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 7th floor

All 119 units in Shoreline - Nabat
Value
7012-bedAED 940K · Jan 2010
7023-bedAED 1.25M · Dec 2009
7033-bedAED 2.25M · Dec 2020
7041-bedAED 2.5M · Feb 2023
7052-bedAED 1.26M · Mar 2010
7062-bedAED 7.5M · Dec 2025
7072-bedAED 6.23M · Oct 2024
1–7 of 11

708, Shoreline - Nabat in numbers

  • Sold twice: first on 23 March 2010 for AED 1,134,000, last on 14 March 2023 for AED 3,630,000 (AED 2,343 per sqft).
  • Rented since September 2021 on 3 Ejari contracts, from AED 125,000 to AED 365,000 a year.
  • At AED 365,000 a year the gross yield on the 2023 price is 10.1%, before a service charge of about AED 17,800 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 15 March 2024.

Questions about 708, Shoreline - Nabat

What did unit 708 last sell for?

AED 3,630,000 on 14 March 2023: AED 2,343 per sqft for 1,549 sqft. The unit has 2 registered sales; the first was AED 1,134,000 in March 2010.

What is the rent for unit 708?

AED 365,000 a year on the contract signed on 15 March 2024. The previous contract, from February 2022, was AED 150,000; the unit has been rented since September 2021.

How big is unit 708?

1,549 sqft (143.9 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower.

What is unit 708 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 708, Shoreline - Nabat

Starts from the last sale price (AED 3.63M, 14 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,630,000
Deposit, UAE resident (20%)
AED 726,000
Deposit, non-resident (40%)
AED 1,452,000
Monthly over 25 years at 3.7%
AED 14,851

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