3-bed · 2,159 sqftShoreline - Dabas, Palm Jumeirah · 2nd floor · completed 2007

203, Shoreline - Dabas

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 1.25M1 March 2009
Current rentAED 145K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Shoreline - Dabas

What is 203 worth today?

Last sold for AED 1,250,000 in 2009

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1 Oct 2022RentedRenewal
AED 144,809/yr7 months · AED 67 per sqft
1 Oct 2021RentedRenewal
AED 132,250/yr12 months · AED 61 per sqft
1 Oct 2020RentedNew contract
AED 115,000/yr12 months · AED 53 per sqft
20 Jul 2019RentedRenewal
AED 155,000/yr12 months · AED 72 per sqft
20 Jul 2018RentedRenewal
AED 165,000/yr12 months · AED 76 per sqft
20 Jul 2017RentedNew contract
AED 165,000/yr12 months · AED 76 per sqft
8 Dec 2016RentedNew contract
AED 175,000/yr12 months · AED 81 per sqft
1 Mar 2009Sold by developerReady
AED 1,250,000AED 578 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2022.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
2nd of 9
Parking
B2-13,B2-14
Developer
Nakheel
Completed
2007
Service charge
AED 30,800 /yr
Last sold
AED 1.25M · March 2009

About 203, Shoreline - Dabas

203 is a three-bedroom apartment of 2,159 sqft on the 2nd floor of Shoreline - Dabas, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 1 March 2009 for AED 1,250,000, or AED 578 per sqft, in line with the AED 590 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 144,809 a year: a gross yield of 11.6% on the 2009 price, before the service charge of about AED 30,800 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical three-bed in Shoreline - Dabas
2M4M2009201320172021Typical sale price by year: 2009 AED 1,275,000; 2011 AED 2,300,000; 2013 AED 2,765,000; 2023 AED 3,661,594Sold by developer, March 2009: AED 1,250,000 (AED 578 per sqft)

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

Rents
Unit 203, each contractTypical three-bed in Shoreline - Dabas
100K200K2012201620202024Typical rent by year: 2012 AED 140,000; 2013 AED 190,000; 2014 AED 212,000; 2015 AED 212,500; 2016 AED 185,000; 2017 AED 177,500; 2018 AED 165,000; 2019 AED 145,000; 2020 AED 125,000; 2021 AED 135,000; 2022 AED 151,750; 2023 AED 172,506; 2024 AED 240,000; 2025 AED 250,000New contract, December 2016: AED 175,000 a yearNew contract, July 2017: AED 165,000 a yearRenewal, July 2018: AED 165,000 a yearRenewal, July 2019: AED 155,000 a yearNew contract, October 2020: AED 115,000 a yearRenewal, October 2021: AED 132,250 a yearRenewal, October 2022: AED 144,809 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 - Dabas, and where 203 sits

All 38 3-beds →

203 last sold in March 2009 at AED 578 per sqft, in line with what three-beds in Shoreline - Dabas were fetching at the time (AED 590). Over the last 12 months three-beds sold for AED 5,900,000, around AED 2,757 per sqft, and rent for AED 250,000 to 360,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Dec 20255,900,000
14 Mar 20254,975,000
18 Jul 20245,150,000
23 Apr 20244,480,138
1 3-bed sale in the last 12 months

Shoreline - Dabas

Building

107 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 3 sold in the last 12 months.

Typical price per sqft
AED 2,790
Typical sale
AED 5.9M
Typical rent
AED 250K /yr
Typical yield
5.2%
Shoreline - Dabas, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 107 units in Shoreline - Dabas
Value
2012-bedAED 1.9M · Oct 2014
2023-bedAED 2M · Apr 2009
2041-bedAED 660K · Mar 2009
2052-bedAED 2.3M · Apr 2020
2062-bedAED 4.48M · Sep 2022
2072-bedAED 3.5M · Jan 2019
2082-bedAED 4.14M · Mar 2024
1–7 of 11

203, Shoreline - Dabas in numbers

  • Sold once: by Nakheel on 1 March 2009 for AED 1,250,000, or AED 578 per sqft.
  • Rented since December 2016 on 7 Ejari contracts. The rent fell from AED 175,000 to AED 115,000 in 2020 and recovered to AED 144,809 by October 2022.
  • At AED 144,809 a year the gross yield on the 2009 price is 11.6%, before a service charge of about AED 30,800 a year (AED 14.26 per sqft).
  • Three-beds in Shoreline - Dabas sold for AED 5,900,000–5,900,000 in the 12 months to November 2026; the building's median across all types is AED 2,790 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2022.

Questions about 203, Shoreline - Dabas

What did unit 203 last sell for?

AED 1,250,000 on 1 March 2009, sold by the developer: AED 578 per sqft for 2,159 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 144,809 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 132,250; the unit has been rented since December 2016.

How big is unit 203?

2,159 sqft (200.6 sqm): a three-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2007.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Dabas sold for AED 5,900,000 to 5,900,000 in the last 12 months, around AED 2,757 per sqft.

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Mortgage on 203, Shoreline - Dabas

Starts from the last sale price (AED 1.25M, 1 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →