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3-bed · 2,221 sqftShoreline - Habool, Palm Jumeirah · 3rd floor · completed 2007

302, Shoreline - Habool

Sold prices and rental history: sold twice, last in October 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 5 July 2024
Last soldAED 1.55M28 October 2019
Current rentAED 255K /yr5 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Shoreline - Habool

What is 302 worth today?

Last sold for AED 1,550,000 in 2019

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5 Jul 2024RentedRenewal
AED 255,000/yr12 months · AED 115 per sqft
5 Jul 2023RentedNew contract
AED 240,000/yr12 months · AED 108 per sqft
20 Jun 2022RentedNew contract
AED 225,000/yr12 months · AED 101 per sqft
28 Oct 2019SoldReady
AED 1,550,000AED 697 per sqft
22 Mar 2009Sold by developerReady
AED 1,150,000AED 517 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 July 2024.

Key facts

Type
3-bed apartment
Size
2,221 sqft
Floor
3rd of 9
Parking
B2-33,B2-34
Developer
Nakheel
Completed
2007
Service charge
AED 37,200 /yr
Last sold
AED 1.55M · October 2019
Building
Shoreline - Habool

About 302, Shoreline - Habool

302 is a three-bedroom apartment of 2,221 sqft on the 3rd floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 28 October 2019 for AED 1,550,000, or AED 697 per sqft, in line with the AED 703 three-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 5 July 2024, is AED 255,000 a year: a gross yield of 16.4% on the 2019 price, before the service charge of about AED 37,200 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical three-bed in Shoreline - Habool
1M2M3M2009201320172021Typical sale price by year: 2009 AED 1,175,000; 2010 AED 1,412,500; 2012 AED 1,512,500; 2013 AED 2,375,000; 2014 AED 1,150,000; 2016 AED 2,650,000; 2019 AED 1,550,000; 2021 AED 2,050,000; 2022 AED 2,512,500; 2023 AED 3,250,000Sold by developer, March 2009: AED 1,150,000 (AED 517 per sqft)Sold, October 2019: AED 1,550,000 (AED 697 per sqft)

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

Rents
Unit 302, each contractTypical three-bed in Shoreline - Habool
200K2012201620202024Typical rent by year: 2012 AED 165,000; 2013 AED 155,000; 2014 AED 180,000; 2015 AED 175,000; 2016 AED 177,157; 2017 AED 175,000; 2018 AED 151,250; 2019 AED 137,500; 2020 AED 130,000; 2021 AED 129,826; 2022 AED 149,000; 2023 AED 182,785; 2024 AED 235,000; 2025 AED 231,000New contract, June 2022: AED 225,000 a yearNew contract, July 2023: AED 240,000 a yearRenewal, July 2024: AED 255,000 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 - Habool, and where 302 sits

All 39 3-beds →

302 last sold in October 2019 at AED 697 per sqft, in line with what three-beds in Shoreline - Habool were fetching at the time (AED 703). 302's AED 255,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Jul 20254,500,000
21 Mar 20254,800,000
4 Jul 20243,700,000
8 May 20244,000,000
0 3-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 →

Other units on the 3rd floor

All 107 units in Shoreline - Habool
Value
3012-bedAED 2.1M · Mar 2014
3033-bedAED 2.3M · Aug 2016
3041-bedAED 600K · Sep 2017
3052-bedAED 790K · Mar 2009
3062-bedAED 1.93M · Sep 2021
3072-bedAED 3.4M · May 2023
3082-bedAED 2.25M · May 2023
1–7 of 11

302, Shoreline - Habool in numbers

  • Sold twice: first on 22 March 2009 for AED 1,150,000, last on 28 October 2019 for AED 1,550,000 (AED 697 per sqft).
  • Rented since June 2022 on 3 Ejari contracts, from AED 225,000 to AED 255,000 a year.
  • At AED 255,000 a year the gross yield on the 2019 price is 16.4%, before a service charge of about AED 37,200 a year (AED 16.76 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 5 July 2024.

Questions about 302, Shoreline - Habool

What did unit 302 last sell for?

AED 1,550,000 on 28 October 2019: AED 697 per sqft for 2,221 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in March 2009.

What is the rent for unit 302?

AED 255,000 a year on the contract renewed on 5 July 2024. The previous contract, from July 2023, was AED 240,000; the unit has been rented since June 2022.

How big is unit 302?

2,221 sqft (206.3 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 302 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 302, Shoreline - Habool

Starts from the last sale price (AED 1.55M, 28 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →