2-bed · 1,551 sqftShoreline - Dabas, Palm Jumeirah · 4th floor · completed 2007

408, Shoreline - Dabas

Sold prices and rental history: sold 3 times, last in September 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 30 January 2025
Last soldAED 2.38M13 September 2012
Current rentAED 275K /yr30 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Shoreline - Dabas

What is 408 worth today?

Last sold for AED 2,375,000 in 2012

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30 Jan 2025RentedNew contract
AED 275,000/yr12 months · AED 177 per sqft
1 Jan 2024RentedRenewal
AED 180,000/yr12 months · AED 116 per sqft
1 Jan 2023RentedRenewal
AED 180,000/yr12 months · AED 116 per sqft
1 Jan 2022RentedNew contract
AED 180,000/yr12 months · AED 116 per sqft
2 Jan 2021RentedNew contract
AED 135,000/yr12 months · AED 87 per sqft
16 Jun 2020RentedRenewal
AED 180,000/yr12 months · AED 116 per sqft
16 Jun 2018RentedRenewal
AED 205,000/yr12 months · AED 132 per sqft
16 Jun 2016RentedRenewal
AED 205,000/yr12 months · AED 132 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 January 2025.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
4th of 9
Parking
2B2-65
Developer
Nakheel
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 2.38M · September 2012

About 408, Shoreline - Dabas

408 is a two-bedroom apartment of 1,551 sqft on the 4th floor of Shoreline - Dabas, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 13 September 2012 for AED 2,375,000, or AED 1,531 per sqft, in line with the AED 1,554 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 30 January 2025, is AED 275,000 a year: a gross yield of 11.6% on the 2012 price, before the service charge of about AED 22,100 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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 870,000 (AED 561 per sqft)Sold, May 2010: AED 1,400,000 (AED 902 per sqft)Sold, September 2012: AED 2,375,000 (AED 1,531 per sqft)

408 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 408, each contractTypical two-bed in Shoreline - Dabas
200K300K2012201620202024Typical 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, July 2013: AED 180,000 a yearNew contract, June 2014: AED 190,000 a yearNew contract, June 2015: AED 190,000 a yearRenewal, June 2016: AED 205,000 a yearRenewal, June 2018: AED 205,000 a yearRenewal, June 2020: AED 180,000 a yearNew contract, January 2021: AED 135,000 a yearNew contract, January 2022: AED 180,000 a yearRenewal, January 2023: AED 180,000 a yearRenewal, January 2024: AED 180,000 a yearNew contract, January 2025: AED 275,000 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 408 sits

All 52 2-beds →

408 last sold in September 2012 at AED 1,531 per sqft, in line with what two-beds in Shoreline - Dabas were fetching at the time (AED 1,554). 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. 408's AED 275,000 is in the upper 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
4012-bedAED 2.85M · Nov 2022
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
1–7 of 11

408, Shoreline - Dabas in numbers

  • Sold 3 times: first on 1 March 2009 for AED 870,000, last on 13 September 2012 for AED 2,375,000 (AED 1,531 per sqft).
  • Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 180,000 to AED 135,000 in 2021 and recovered to AED 275,000 by January 2025.
  • At AED 275,000 a year the gross yield on the 2012 price is 11.6%, before a service charge of about AED 22,100 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 30 January 2025.

Questions about 408, Shoreline - Dabas

What did unit 408 last sell for?

AED 2,375,000 on 13 September 2012: AED 1,531 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 870,000 in March 2009.

What is the rent for unit 408?

AED 275,000 a year on the contract signed on 30 January 2025. The previous contract, from January 2024, was AED 180,000; the unit has been rented since July 2013.

How big is unit 408?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 408 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 408, Shoreline - Dabas

Starts from the last sale price (AED 2.38M, 13 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,375,000
Deposit, UAE resident (20%)
AED 475,000
Deposit, non-resident (40%)
AED 950,000
Monthly over 25 years at 3.7%
AED 9,717

Plus AED 104,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →