2-bed · 1,586 sqftShoreline - Dabas, Palm Jumeirah · 3rd floor · completed 2007

312, Shoreline - Dabas

Sold prices and rental history: sold twice, last in June 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 20 October 2023
Last soldAED 1.55M14 June 2009
Current rentAED 128K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Shoreline - Dabas

What is 312 worth today?

Last sold for AED 1,545,000 in 2009

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20 Oct 2023RentedRenewal
AED 128,282/yr12 months · AED 81 per sqft
20 Oct 2022RentedRenewal
AED 111,550/yr12 months · AED 70 per sqft
20 Oct 2020RentedNew contract
AED 86,000/yr12 months · AED 54 per sqft
25 Mar 2019RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft
7 Feb 2018RentedRenewal
AED 128,000/yr12 months · AED 81 per sqft
7 Feb 2017RentedRenewal
AED 155,000/yr12 months · AED 98 per sqft
7 Feb 2016RentedNew contract
AED 155,000/yr12 months · AED 98 per sqft
20 Dec 2014RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2023.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
3rd of 9
Parking
B2-55
Developer
Nakheel
Completed
2007
Service charge
AED 22,600 /yr
Last sold
AED 1.55M · June 2009

About 312, Shoreline - Dabas

312 is a two-bedroom apartment of 1,586 sqft on the 3rd floor of Shoreline - Dabas, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 14 June 2009 for AED 1,545,000, or AED 974 per sqft, 74% above the AED 561 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 October 2023, is AED 128,282 a year: a gross yield of 8.3% on the 2009 price, before the service charge of about AED 22,600 a year.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical two-bed in Shoreline - Dabas
2M4M2009201320172021Typical sale price by year: 2009 AED 895,000; 2010 AED 2,865,000; 2011 AED 1,650,000; 2012 AED 2,762,500; 2013 AED 2,950,000; 2014 AED 3,600,000; 2015 AED 2,156,000; 2016 AED 2,150,000; 2017 AED 2,750,000; 2018 AED 3,000,000; 2019 AED 2,600,000; 2022 AED 3,025,000; 2023 AED 4,300,000Sold by developer, March 2009: AED 800,000 (AED 504 per sqft)Sold, June 2009: AED 1,545,000 (AED 974 per sqft)

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

Rents
Unit 312, each contractTypical two-bed in Shoreline - Dabas
100K200K2012201620202024Typical rent by year: 2012 AED 170,000; 2013 AED 169,000; 2014 AED 170,000; 2015 AED 195,000; 2016 AED 186,875; 2017 AED 180,000; 2018 AED 173,617; 2019 AED 148,750; 2020 AED 130,000; 2021 AED 136,500; 2022 AED 140,000; 2023 AED 155,000; 2024 AED 191,875; 2025 AED 235,000; 2026 AED 249,544New contract, January 2013: AED 122,000 a yearNew contract, February 2014: AED 150,000 a yearNew contract, December 2014: AED 150,000 a yearNew contract, February 2016: AED 155,000 a yearRenewal, February 2017: AED 155,000 a yearRenewal, February 2018: AED 128,000 a yearNew contract, March 2019: AED 110,000 a yearNew contract, October 2020: AED 86,000 a yearRenewal, October 2022: AED 111,550 a yearRenewal, October 2023: AED 128,282 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 - Dabas, and where 312 sits

All 52 2-beds →

312 last sold in June 2009 at AED 974 per sqft, 74% above what two-beds in Shoreline - Dabas were fetching at the time (AED 561). Over the last 12 months two-beds sold for AED 5,785,000, around AED 3,730 per sqft, and rent for AED 50,000 to 380,000 a year. 312's AED 128,282 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jan 20265,785,000
11 Jun 20253,500,000
9 Apr 20254,575,000
27 Mar 20244,138,643
1 2-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 3rd floor

All 107 units in Shoreline - Dabas
Value
3012-bedAED 800K · Mar 2009
3023-bedAED 1.15M · Mar 2009
3033-bedAED 1.25M · Mar 2009
3041-bedAED 1.8M · Feb 2016
3052-bedAED 5.79M · Jan 2026
3062-bedAED 3.07M · Jul 2018
3072-bedAED 1.05M · Mar 2009
1–7 of 11

312, Shoreline - Dabas in numbers

  • Sold twice: first on 1 March 2009 for AED 800,000, last on 14 June 2009 for AED 1,545,000 (AED 974 per sqft).
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 122,000 to AED 86,000 in 2020 and recovered to AED 128,282 by October 2023.
  • At AED 128,282 a year the gross yield on the 2009 price is 8.3%, before a service charge of about AED 22,600 a year (AED 14.26 per sqft).
  • Two-beds in Shoreline - Dabas sold for AED 5,785,000–5,785,000 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 20 October 2023.

Questions about 312, Shoreline - Dabas

What did unit 312 last sell for?

AED 1,545,000 on 14 June 2009: AED 974 per sqft for 1,586 sqft. The unit has 2 registered sales; the first was AED 800,000 in March 2009.

What is the rent for unit 312?

AED 128,282 a year on the contract renewed on 20 October 2023. The previous contract, from October 2022, was AED 111,550; the unit has been rented since January 2013.

How big is unit 312?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 312 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Dabas sold for AED 5,785,000 to 5,785,000 in the last 12 months, around AED 3,730 per sqft.

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Mortgage on 312, Shoreline - Dabas

Starts from the last sale price (AED 1.55M, 14 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,545,000
Deposit, UAE resident (20%)
AED 309,000
Deposit, non-resident (40%)
AED 618,000
Monthly over 25 years at 3.7%
AED 6,321

Plus AED 69,900 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →