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2-bed · 1,549 sqftShoreline - Nabat, Palm Jumeirah · 9th floor

PH08, Shoreline - Nabat

Sold prices and rental history: sold 3 times, last in August 2023, and rented once, from June 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PH08 · DLD and Ejari recordsUpdated 29 August 2023
Last soldAED 4.35M29 August 2023
Current rentAED 190K /yr27 June 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for PH08, Shoreline - Nabat

What is PH08 worth today?

Last sold for AED 4,350,000 in 2023

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29 Aug 2023SoldReady
AED 4,350,000AED 2,808 per sqft
16 Apr 2019SoldReady
AED 2,625,000AED 1,694 per sqft
27 Jun 2013RentedNew contract
AED 190,000/yr12 months · AED 123 per sqft
15 Mar 2010Sold by developerReady
AED 1,665,000AED 1,074 per sqft

Source: Dubai Land Department. Updated 29 August 2023.

Key facts

Type
2-bed apartment
Size
1,549 sqft
Floor
9th of 9
Parking
EUB8B02C158
Service charge
AED 17,800 /yr
Last sold
AED 4.35M · August 2023
Building
Shoreline - Nabat

About PH08, Shoreline - Nabat

PH08 is a two-bedroom apartment of 1,549 sqft on the 9th floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. It last sold on 29 August 2023 for AED 4,350,000, or AED 2,808 per sqft, 20% above the AED 2,343 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 June 2013. The current contract, signed on 27 June 2013, is AED 190,000 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 17,800 a year.

Sales and rents for PH08 over time

Sales
Unit PH08, 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 1,665,000 (AED 1,074 per sqft)Sold, April 2019: AED 2,625,000 (AED 1,694 per sqft)Sold, August 2023: AED 4,350,000 (AED 2,808 per sqft)

PH08 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit PH08, each contractTypical two-bed in Shoreline - Nabat
150K200K2012201620202024Typical 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 190,000 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 PH08 sits

All 54 2-beds →

PH08 last sold in August 2023 at AED 2,808 per sqft, 20% above what two-beds in Shoreline - Nabat were fetching at the time (AED 2,343). 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. PH08's AED 190,000 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 9th floor

All 119 units in Shoreline - Nabat
Value
PH014-bedAED 11.1M · Dec 2024
PH023-bedAED 3.83M · Jan 2015
PH033-bedAED 5.1M · Sep 2023
PH041-bedAED 2.55M · May 2023
PH052-bedAED 1.59M · Mar 2010
PH06PenthouseAED 7.5M · Feb 2011
PH07PenthouseAED 11M · Apr 2015
1–7 of 11

PH08, Shoreline - Nabat in numbers

  • Sold 3 times: first on 15 March 2010 for AED 1,665,000, last on 29 August 2023 for AED 4,350,000 (AED 2,808 per sqft).
  • Rented since June 2013 on one Ejari contract, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2023 price is 4.4%, 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 29 August 2023.

Questions about PH08, Shoreline - Nabat

What did unit PH08 last sell for?

AED 4,350,000 on 29 August 2023: AED 2,808 per sqft for 1,549 sqft. The unit has 3 registered sales; the first was AED 1,665,000 in March 2010.

What is the rent for unit PH08?

AED 190,000 a year on the contract signed on 27 June 2013.

How big is unit PH08?

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

What is unit PH08 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 PH08, Shoreline - Nabat

Starts from the last sale price (AED 4.35M, 29 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,350,000
Deposit, UAE resident (20%)
AED 870,000
Deposit, non-resident (40%)
AED 1,740,000
Monthly over 25 years at 3.7%
AED 17,797

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