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2-bed · 1,551 sqftShoreline - Habool, Palm Jumeirah · completed 2007

1008, Shoreline - Habool

Sold prices and rental history: sold twice, last in April 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 25 July 2021
Last soldAED 2.1M14 April 2016
Current rentAED 106K /yr25 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Shoreline - Habool

What is 1008 worth today?

Last sold for AED 2,100,000 in 2016

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25 Jul 2021RentedRenewal
AED 106,000/yr12 months · AED 68 per sqft
25 Jul 2020RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft
25 Jul 2019RentedRenewal
AED 117,000/yr12 months · AED 75 per sqft
25 Jul 2018RentedNew contract
AED 117,000/yr12 months · AED 75 per sqft
14 Apr 2016SoldReady
AED 2,100,000AED 1,354 per sqft
24 Apr 2014RentedNew contract
AED 160,000/yr12 months · AED 103 per sqft
15 Jan 2013RentedNew contract
AED 122,000/yr12 months · AED 79 per sqft
20 Apr 2009Sold by developerReady
AED 2,769,000AED 1,785 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 July 2021.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Parking
B1-13
Developer
Nakheel
Completed
2007
Service charge
AED 26,000 /yr
Last sold
AED 2.1M · April 2016
Building
Shoreline - Habool

About 1008, Shoreline - Habool

1008 is a two-bedroom apartment of 1,551 sqft of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 14 April 2016 for AED 2,100,000, or AED 1,354 per sqft, 9% above the AED 1,239 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 25 July 2021, is AED 106,000 a year: a gross yield of 5.1% on the 2016 price, before the service charge of about AED 26,000 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical two-bed in Shoreline - Habool
2M4M2009201420192024Typical sale price by year: 2009 AED 825,000; 2010 AED 1,480,000; 2011 AED 1,230,000; 2012 AED 1,625,000; 2013 AED 1,780,000; 2014 AED 2,100,000; 2015 AED 2,300,000; 2016 AED 2,100,000; 2017 AED 2,150,000; 2021 AED 1,665,000; 2022 AED 2,000,000; 2023 AED 2,700,000; 2024 AED 1,712,181; 2025 AED 4,500,000Sold by developer, April 2009: AED 2,769,000 (AED 1,785 per sqft)Sold, April 2016: AED 2,100,000 (AED 1,354 per sqft)

1008 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1008, each contractTypical two-bed in Shoreline - Habool
100K150K2011201520192023Typical rent by year: 2011 AED 100,000; 2012 AED 116,250; 2013 AED 130,000; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 148,500; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 115,000; 2020 AED 102,000; 2021 AED 97,000; 2022 AED 110,000; 2023 AED 139,150; 2024 AED 158,750; 2025 AED 183,750New contract, January 2013: AED 122,000 a yearNew contract, April 2014: AED 160,000 a yearNew contract, July 2018: AED 117,000 a yearRenewal, July 2019: AED 117,000 a yearRenewal, July 2020: AED 100,000 a yearRenewal, July 2021: AED 106,000 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 - Habool, and where 1008 sits

All 52 2-beds →

1008 last sold in April 2016 at AED 1,354 per sqft, 9% above what two-beds in Shoreline - Habool were fetching at the time (AED 1,239). 1008's AED 106,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jun 20253,925,000
12 Jun 20254,550,000
3 Jun 20255,250,000
23 Jan 20254,450,000
0 2-bed sales in the last 12 months

Shoreline - Habool

Building

107 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 175K /yr
Typical yield
Shoreline - Habool, Palm Jumeirah: prices, sales and rents →

1008, Shoreline - Habool in numbers

  • Sold twice: first on 20 April 2009 for AED 2,769,000, last on 14 April 2016 for AED 2,100,000 (AED 1,354 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 122,000 to AED 106,000 a year.
  • At AED 106,000 a year the gross yield on the 2016 price is 5.1%, before a service charge of about AED 26,000 a year (AED 16.76 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 25 July 2021.

Questions about 1008, Shoreline - Habool

What did unit 1008 last sell for?

AED 2,100,000 on 14 April 2016: AED 1,354 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 2,769,000 in April 2009.

What is the rent for unit 1008?

AED 106,000 a year on the contract renewed on 25 July 2021. The previous contract, from July 2020, was AED 100,000; the unit has been rented since January 2013.

How big is unit 1008?

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

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1008, Shoreline - Habool

Starts from the last sale price (AED 2.1M, 14 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →