3-bed · 2,182 sqftShoreline - Dabas, Palm Jumeirah · 6th floor · completed 2007

602, Shoreline - Dabas

Sold prices and rental history: sold twice, last in June 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 5 August 2022
Last soldAED 2.95M17 June 2015
Current rentAED 148K /yr5 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Shoreline - Dabas

What is 602 worth today?

Last sold for AED 2,950,000 in 2015

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5 Aug 2022RentedRenewal
AED 148,247/yr8 months · AED 68 per sqft
5 Aug 2021RentedRenewal
AED 135,000/yr12 months · AED 62 per sqft
5 Aug 2020RentedRenewal
AED 135,000/yr12 months · AED 62 per sqft
1 Aug 2018RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft
15 Jul 2017RentedRenewal
AED 180,000/yr12 months · AED 82 per sqft
15 Jul 2016RentedRenewal
AED 185,000/yr12 months · AED 85 per sqft
17 Jun 2015SoldReady
AED 2,950,000AED 1,352 per sqft
29 Sep 2013RentedNew contract
AED 175,000/yr12 months · AED 80 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2022.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Floor
6th of 9
Parking
B2-89,B2-90
Developer
Nakheel
Completed
2007
Service charge
AED 31,100 /yr
Last sold
AED 2.95M · June 2015

About 602, Shoreline - Dabas

602 is a three-bedroom apartment of 2,182 sqft on the 6th floor of Shoreline - Dabas, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 17 June 2015 for AED 2,950,000, or AED 1,352 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 5 August 2022, is AED 148,247 a year: a gross yield of 5.0% on the 2015 price, before the service charge of about AED 31,100 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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, April 2009: AED 3,890,000 (AED 1,783 per sqft)Sold, June 2015: AED 2,950,000 (AED 1,352 per sqft)

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

Rents
Unit 602, each contractTypical three-bed in Shoreline - Dabas
200K2012201620202024Typical 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, September 2013: AED 175,000 a yearRenewal, July 2016: AED 185,000 a yearRenewal, July 2017: AED 180,000 a yearNew contract, August 2018: AED 150,000 a yearRenewal, August 2020: AED 135,000 a yearRenewal, August 2021: AED 135,000 a yearRenewal, August 2022: AED 148,247 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 602 sits

All 38 3-beds →

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 6th floor

All 107 units in Shoreline - Dabas
Value
6012-bedAED 2.6M · Mar 2023
6033-bedAED 1.28M · Mar 2009
6041-bedAED 1.9M · Mar 2013
6052-bedAED 3.3M · Sep 2021
6062-bedAED 3.8M · Dec 2013
6072-bedAED 3M · Jun 2018
6082-bedAED 2.58M · Jan 2010
1–7 of 11

602, Shoreline - Dabas in numbers

  • Sold twice: first on 20 April 2009 for AED 3,890,000, last on 17 June 2015 for AED 2,950,000 (AED 1,352 per sqft).
  • Rented since September 2013 on 7 Ejari contracts, from AED 175,000 to AED 148,247 a year.
  • At AED 148,247 a year the gross yield on the 2015 price is 5.0%, before a service charge of about AED 31,100 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 5 August 2022.

Questions about 602, Shoreline - Dabas

What did unit 602 last sell for?

AED 2,950,000 on 17 June 2015: AED 1,352 per sqft for 2,182 sqft. The unit has 2 registered sales; the first was AED 3,890,000 in April 2009.

What is the rent for unit 602?

AED 148,247 a year on the contract renewed on 5 August 2022. The previous contract, from August 2021, was AED 135,000; the unit has been rented since September 2013.

How big is unit 602?

2,182 sqft (202.7 sqm): a three-bedroom apartment on the 6th floor of a 9-storey tower completed in 2007.

What is unit 602 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 602, Shoreline - Dabas

Starts from the last sale price (AED 2.95M, 17 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

Plus AED 128,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →