2-bed · 1,997 sqftShoreline - Abu Keibal, Palm Jumeirah · 3rd floor · completed 2007

306, Shoreline - Abu Keibal

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 25 October 2022
Last soldAED 2.5M25 October 2022
Current rentAED 133K /yr12 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Shoreline - Abu Keibal

What is 306 worth today?

Last sold for AED 2,500,000 in 2022

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25 Oct 2022SoldReady
AED 2,500,000AED 1,252 per sqft
12 Oct 2018RentedRenewal
AED 132,995/yr12 months · AED 66 per sqft
12 Oct 2017RentedNew contract
AED 145,000/yr12 months · AED 72 per sqft
10 Jan 2017RentedRenewal
AED 145,000/yr12 months · AED 72 per sqft
18 Sep 2014RentedNew contract
AED 165,000/yr12 months · AED 82 per sqft
18 Sep 2013RentedNew contract
AED 130,000/yr12 months · AED 65 per sqft
18 Sep 2012RentedNew contract
AED 130,000/yr12 months · AED 65 per sqft
23 Apr 2009Sold by developerReady
AED 1,025,000AED 513 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2022.

Key facts

Type
2-bed apartment
Size
1,997 sqft
Floor
3rd of 8
Parking
B2-32
Developer
Nakheel
Completed
2007
Service charge
AED 29,400 /yr
Last sold
AED 2.5M · October 2022

About 306, Shoreline - Abu Keibal

306 is a two-bedroom apartment of 1,997 sqft on the 3rd floor of Shoreline - Abu Keibal, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 25 October 2022 for AED 2,500,000, or AED 1,252 per sqft, 3% below the AED 1,292 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 12 October 2018, is AED 132,995 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 29,400 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical two-bed in Shoreline - Abu Keibal
2M20092013201720212025Typical sale price by year: 2009 AED 815,000; 2010 AED 1,000,000; 2011 AED 1,275,000; 2012 AED 1,500,000; 2013 AED 1,935,000; 2014 AED 2,325,000; 2017 AED 1,650,000; 2018 AED 1,950,000; 2020 AED 1,295,000; 2021 AED 1,650,000; 2022 AED 2,547,500; 2023 AED 2,500,000; 2024 AED 3,325,000Sold by developer, April 2009: AED 1,025,000 (AED 513 per sqft)Sold, October 2022: AED 2,500,000 (AED 1,252 per sqft)

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

Rents
Unit 306, each contractTypical two-bed in Shoreline - Abu Keibal
100K150K200K2012201620202024Typical rent by year: 2012 AED 118,000; 2013 AED 130,000; 2014 AED 147,500; 2015 AED 155,000; 2016 AED 157,195; 2017 AED 140,000; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 95,750; 2022 AED 131,250; 2023 AED 145,000; 2024 AED 189,500; 2025 AED 192,500New contract, September 2012: AED 130,000 a yearNew contract, September 2013: AED 130,000 a yearNew contract, September 2014: AED 165,000 a yearRenewal, January 2017: AED 145,000 a yearNew contract, October 2017: AED 145,000 a yearRenewal, October 2018: AED 132,995 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 - Abu Keibal, and where 306 sits

All 47 2-beds →

306 last sold in October 2022 at AED 1,252 per sqft, 3% below what two-beds in Shoreline - Abu Keibal were fetching at the time (AED 1,292). Over the last 12 months two-beds sold for AED 3,825,000, around AED 2,407 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jan 20263,825,000
14 Jan 20254,080,000
16 Aug 20243,300,000
7 May 20243,700,000
1 2-bed sale in the last 12 months

Shoreline - Abu Keibal

Building

96 apartments, 1-bed to 4-bed over 8 floors in Palm Jumeirah, completed in 2007 by Nakheel. 1 sold in the last 12 months.

Typical price per sqft
AED 2,407
Typical sale
AED 3.83M
Typical rent
AED 284K /yr
Typical yield
5.5%
Shoreline - Abu Keibal, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 96 units in Shoreline - Abu Keibal
Value
3012-bedAED 800K · Apr 2009
3023-bedAED 1.7M · Jan 2019
3033-bedAED 1.15M · Apr 2009
3041-bedAED 1.15M · Feb 2021
3052-bedAED 3.7M · May 2024
3072-bedAED 3.35M · Jan 2024
3082-bedAED 2.8M · Feb 2024
1–7 of 11

306, Shoreline - Abu Keibal in numbers

  • Sold twice: first on 23 April 2009 for AED 1,025,000, last on 25 October 2022 for AED 2,500,000 (AED 1,252 per sqft).
  • Rented since September 2012 on 6 Ejari contracts, from AED 130,000 to AED 132,995 a year.
  • At AED 132,995 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 29,400 a year (AED 14.73 per sqft).
  • Two-beds in Shoreline - Abu Keibal sold for AED 3,825,000–3,825,000 in the 12 months to November 2026; the building's median across all types is AED 2,407 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2022.

Questions about 306, Shoreline - Abu Keibal

What did unit 306 last sell for?

AED 2,500,000 on 25 October 2022: AED 1,252 per sqft for 1,997 sqft. The unit has 2 registered sales; the first was AED 1,025,000 in April 2009.

What is the rent for unit 306?

AED 132,995 a year on the contract renewed on 12 October 2018. The previous contract, from October 2017, was AED 145,000; the unit has been rented since September 2012.

How big is unit 306?

1,997 sqft (185.5 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2007.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Abu Keibal sold for AED 3,825,000 to 3,825,000 in the last 12 months, around AED 2,407 per sqft.

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Mortgage on 306, Shoreline - Abu Keibal

Starts from the last sale price (AED 2.5M, 25 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →