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3-bed · 2,187 sqftShoreline - Abu Keibal, Palm Jumeirah · 7th floor · completed 2007

702, Shoreline - Abu Keibal

Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 15 October 2022
Last soldAED 1.18M9 December 2012
Current rentAED 160K /yr15 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Shoreline - Abu Keibal

What is 702 worth today?

Last sold for AED 1,175,000 in 2012

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15 Oct 2022RentedRenewal
AED 159,500/yr12 months · AED 73 per sqft
29 Aug 2019RentedRenewal
AED 155,000/yr12 months · AED 71 per sqft
29 Aug 2018RentedRenewal
AED 170,000/yr12 months · AED 78 per sqft
29 Aug 2017RentedNew contract
AED 170,000/yr12 months · AED 78 per sqft
12 Sep 2016RentedRenewal
AED 220,000/yr12 months · AED 101 per sqft
12 Sep 2014RentedNew contract
AED 210,000/yr12 months · AED 96 per sqft
10 Jul 2013RentedNew contract
AED 170,000/yr12 months · AED 78 per sqft
9 Mar 2013RentedNew contract
AED 165,000/yr12 months · AED 76 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2022.

Key facts

Type
3-bed apartment
Size
2,187 sqft
Floor
7th of 8
Parking
B1-28,B1-29
Developer
Nakheel
Completed
2007
Service charge
AED 32,200 /yr
Last sold
AED 1.18M · December 2012
Building
Shoreline - Abu Keibal

About 702, Shoreline - Abu Keibal

702 is a three-bedroom apartment of 2,187 sqft on the 7th floor of Shoreline - Abu Keibal, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 9 December 2012 for AED 1,175,000, or AED 537 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 October 2022, is AED 159,500 a year: a gross yield of 13.6% on the 2012 price, before the service charge of about AED 32,200 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Shoreline - Abu Keibal
1M2M3M2009201320172021Typical sale price by year: 2009 AED 1,175,000; 2010 AED 1,175,000; 2011 AED 1,175,000; 2013 AED 2,350,000; 2014 AED 3,200,000; 2015 AED 2,882,500; 2017 AED 2,600,000; 2023 AED 3,075,000Sold by developer, December 2012: AED 1,175,000 (AED 537 per sqft)

702 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 702, each contractTypical three-bed in Shoreline - Abu Keibal
150K200K250K2012201620202024Typical rent by year: 2012 AED 150,000; 2013 AED 160,000; 2014 AED 190,000; 2015 AED 190,000; 2016 AED 182,500; 2017 AED 180,000; 2018 AED 165,000; 2019 AED 147,500; 2020 AED 132,313; 2021 AED 150,000; 2022 AED 159,744; 2023 AED 240,000; 2024 AED 240,000; 2025 AED 227,500New contract, March 2013: AED 165,000 a yearNew contract, July 2013: AED 170,000 a yearNew contract, September 2014: AED 210,000 a yearRenewal, September 2016: AED 220,000 a yearNew contract, August 2017: AED 170,000 a yearRenewal, August 2018: AED 170,000 a yearRenewal, August 2019: AED 155,000 a yearRenewal, October 2022: AED 159,500 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 - Abu Keibal, and where 702 sits

All 35 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
26 Apr 20254,350,000
30 May 20244,450,000
5 Jul 20234,000,000
4 Jul 20231,650,000
0 3-bed sales 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 7th floor

All 96 units in Shoreline - Abu Keibal
Value
7012-bedAED 2.9M · Jul 2023
7033-bedAED 2.23M · Mar 2015
7041-bedAED 625K · Jul 2009
7052-bedAED 1.3M · Jul 2011
7062-bedAED 2.67M · Jul 2022
7072-bedAED 1.85M · Mar 2021
7082-bedAED 2.08M · Dec 2021
1–7 of 11

702, Shoreline - Abu Keibal in numbers

  • Sold once: by Nakheel on 9 December 2012 for AED 1,175,000, or AED 537 per sqft.
  • Rented since March 2013 on 8 Ejari contracts, from AED 165,000 to AED 159,500 a year.
  • At AED 159,500 a year the gross yield on the 2012 price is 13.6%, before a service charge of about AED 32,200 a year (AED 14.73 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2022.

Questions about 702, Shoreline - Abu Keibal

What did unit 702 last sell for?

AED 1,175,000 on 9 December 2012, sold by the developer: AED 537 per sqft for 2,187 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 159,500 a year on the contract renewed on 15 October 2022. The previous contract, from August 2019, was AED 155,000; the unit has been rented since March 2013.

How big is unit 702?

2,187 sqft (203.2 sqm): a three-bedroom apartment on the 7th floor of a 8-storey tower completed in 2007.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 702, Shoreline - Abu Keibal

Starts from the last sale price (AED 1.18M, 9 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

Plus AED 54,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →