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3-bed · 2,187 sqftShoreline - Abu Keibal, Palm Jumeirah · 8th floor · completed 2007

802, Shoreline - Abu Keibal

Sold prices and rental history: sold once, by the developer in April 2009, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 7 September 2014
Last soldAED 1.18M23 April 2009
Current rentAED 178K /yr7 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Shoreline - Abu Keibal

What is 802 worth today?

Last sold for AED 1,175,000 in 2009

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7 Sep 2014RentedRenewal
AED 178,250/yr12 months · AED 82 per sqft
7 Sep 2013RentedNew contract
AED 155,000/yr12 months · AED 71 per sqft
23 Apr 2009Sold by developerReady
AED 1,175,000AED 537 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 September 2014.

Key facts

Type
3-bed apartment
Size
2,187 sqft
Floor
8th of 8
Parking
B2-72,B2-73
Developer
Nakheel
Completed
2007
Service charge
AED 32,200 /yr
Last sold
AED 1.18M · April 2009
Building
Shoreline - Abu Keibal

About 802, Shoreline - Abu Keibal

802 is a three-bedroom apartment of 2,187 sqft on the 8th floor of Shoreline - Abu Keibal, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 23 April 2009 for AED 1,175,000, or AED 537 per sqft, in line with the AED 533 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 7 September 2014, is AED 178,250 a year: a gross yield of 15.2% on the 2009 price, before the service charge of about AED 32,200 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, April 2009: AED 1,175,000 (AED 537 per sqft)

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

Rents
Unit 802, 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, September 2013: AED 155,000 a yearRenewal, September 2014: AED 178,250 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 802 sits

All 35 3-beds →

802 last sold in April 2009 at AED 537 per sqft, in line with what three-beds in Shoreline - Abu Keibal were fetching at the time (AED 533).

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 8th floor

All 96 units in Shoreline - Abu Keibal
Value
8012-bedAED 825K · Jan 2011
8033-bedAED 2.95M · Jan 2023
8041-bedAED 625K · Jul 2009
8052-bedAED 1.5M · Jul 2009
8062-bedAED 1.7M · Aug 2020
8072-bedAED 1.4M · Aug 2011
8082-bedAED 2.3M · Sep 2021
1–7 of 11

802, Shoreline - Abu Keibal in numbers

  • Sold once: by Nakheel on 23 April 2009 for AED 1,175,000, or AED 537 per sqft.
  • Rented since September 2013 on 2 Ejari contracts, from AED 155,000 to AED 178,250 a year.
  • At AED 178,250 a year the gross yield on the 2009 price is 15.2%, 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 7 September 2014.

Questions about 802, Shoreline - Abu Keibal

What did unit 802 last sell for?

AED 1,175,000 on 23 April 2009, 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 802?

AED 178,250 a year on the contract renewed on 7 September 2014. The previous contract, from September 2013, was AED 155,000.

How big is unit 802?

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

What is unit 802 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 802, Shoreline - Abu Keibal

Starts from the last sale price (AED 1.18M, 23 April 2009). 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 →