2-bed · 1,586 sqftShoreline - Dabas, Palm Jumeirah · 4th floor · completed 2007

401, Shoreline - Dabas

Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 18 November 2022
Last soldAED 2.85M18 November 2022
Current rentAED 113K /yr1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Shoreline - Dabas

What is 401 worth today?

Last sold for AED 2,850,000 in 2022

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18 Nov 2022SoldReady
AED 2,850,000AED 1,797 per sqft
24 May 2022SoldReady
AED 2,202,277AED 1,388 per sqft
1 Sep 2020RentedNew contract
AED 112,500/yr12 months · AED 71 per sqft
1 Sep 2019RentedNew contract
AED 112,500/yr12 months · AED 72 per sqft
10 Dec 2018RentedRenewal
AED 110,997/yr7 months · AED 71 per sqft
10 Dec 2017RentedNew contract
AED 130,000/yr12 months · AED 83 per sqft
18 Sep 2017SoldReady
AED 975,000AED 623 per sqft
15 Aug 2016RentedRenewal
AED 149,600/yr12 months · AED 96 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2022.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
4th of 9
Parking
2B2-56
Developer
Nakheel
Completed
2007
Service charge
AED 22,600 /yr
Last sold
AED 2.85M · November 2022

About 401, Shoreline - Dabas

401 is a two-bedroom apartment of 1,586 sqft on the 4th floor of Shoreline - Dabas, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 18 November 2022 for AED 2,850,000, or AED 1,797 per sqft, 7% below the AED 1,930 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 September 2020, is AED 112,500 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 22,600 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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 2010: AED 1,750,000 (AED 1,119 per sqft)Sold, September 2017: AED 975,000 (AED 623 per sqft)Sold, May 2022: AED 2,202,277 (AED 1,388 per sqft)Sold, November 2022: AED 2,850,000 (AED 1,797 per sqft)

401 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, 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, August 2013: AED 126,000 a yearNew contract, August 2014: AED 136,000 a yearRenewal, August 2016: AED 149,600 a yearNew contract, December 2017: AED 130,000 a yearRenewal, December 2018: AED 110,997 a yearNew contract, September 2019: AED 112,500 a yearNew contract, September 2020: AED 112,500 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 401 sits

All 52 2-beds →

401 last sold in November 2022 at AED 1,797 per sqft, 7% below what two-beds in Shoreline - Dabas were fetching at the time (AED 1,930). 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. 401's AED 112,500 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 4th floor

All 107 units in Shoreline - Dabas
Value
4023-bedAED 3.43M · May 2023
4033-bedAED 5M · Mar 2009
4041-bedAED 660K · Apr 2009
4052-bedAED 4.75M · Nov 2023
4062-bedAED 1.05M · Apr 2009
4072-bedAED 1.05M · Mar 2009
4082-bedAED 2.38M · Sep 2012
1–7 of 11

401, Shoreline - Dabas in numbers

  • Sold 4 times: first on 10 March 2010 for AED 1,750,000, last on 18 November 2022 for AED 2,850,000 (AED 1,797 per sqft).
  • Rented since August 2013 on 7 Ejari contracts, from AED 126,000 to AED 112,500 a year.
  • At AED 112,500 a year the gross yield on the 2022 price is 4.0%, 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 18 November 2022.

Questions about 401, Shoreline - Dabas

What did unit 401 last sell for?

AED 2,850,000 on 18 November 2022: AED 1,797 per sqft for 1,586 sqft. The unit has 4 registered sales; the first was AED 1,750,000 in March 2010.

What is the rent for unit 401?

AED 112,500 a year on the contract signed on 1 September 2020. The previous contract, from September 2019, was AED 112,500; the unit has been rented since August 2013.

How big is unit 401?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 401 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 401, Shoreline - Dabas

Starts from the last sale price (AED 2.85M, 18 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus AED 124,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →