2-bed · 1,998 sqftShoreline - Habool, Palm Jumeirah · 3rd floor · completed 2007

307, Shoreline - Habool

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 22 May 2023
Last soldAED 3.4M22 May 2023
Current rentAED 125K /yr7 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Shoreline - Habool

What is 307 worth today?

Last sold for AED 3,400,000 in 2023

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22 May 2023SoldReady
AED 3,400,000AED 1,701 per sqft
9 Dec 2021SoldReady
AED 1,950,000AED 976 per sqft
7 Mar 2021RentedRenewal
AED 125,004/yr1 months · AED 63 per sqft
7 Mar 2019RentedRenewal
AED 135,000/yr12 months · AED 68 per sqft
10 Feb 2017RentedRenewal
AED 157,000/yr12 months · AED 79 per sqft
10 Feb 2016RentedRenewal
AED 164,850/yr12 months · AED 83 per sqft
10 Feb 2015RentedRenewal
AED 164,850/yr12 months · AED 83 per sqft
10 Feb 2014RentedNew contract
AED 157,000/yr12 months · AED 79 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 May 2023.

Key facts

Type
2-bed apartment
Size
1,998 sqft
Floor
3rd of 9
Parking
B2-115
Developer
Nakheel
Completed
2007
Service charge
AED 33,500 /yr
Last sold
AED 3.4M · May 2023

About 307, Shoreline - Habool

307 is a two-bedroom apartment of 1,998 sqft on the 3rd floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 22 May 2023 for AED 3,400,000, or AED 1,701 per sqft, 20% above the AED 1,423 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 9 Ejari contracts. The current contract, renewed on 7 March 2021, is AED 125,004 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 33,500 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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, March 2009: AED 1,025,000 (AED 513 per sqft)Sold, December 2021: AED 1,950,000 (AED 976 per sqft)Sold, May 2023: AED 3,400,000 (AED 1,701 per sqft)

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

Rents
Unit 307, 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, September 2011: AED 155,000 a yearNew contract, September 2012: AED 116,250 a yearRenewal, January 2013: AED 115,000 a yearNew contract, February 2014: AED 157,000 a yearRenewal, February 2015: AED 164,850 a yearRenewal, February 2016: AED 164,850 a yearRenewal, February 2017: AED 157,000 a yearRenewal, March 2019: AED 135,000 a yearRenewal, March 2021: AED 125,004 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 307 sits

All 52 2-beds →

307 last sold in May 2023 at AED 1,701 per sqft, 20% above what two-beds in Shoreline - Habool were fetching at the time (AED 1,423). 307's AED 125,004 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 →

Other units on the 3rd floor

All 107 units in Shoreline - Habool
Value
3012-bedAED 2.1M · Mar 2014
3023-bedAED 1.55M · Oct 2019
3033-bedAED 2.3M · Aug 2016
3041-bedAED 600K · Sep 2017
3052-bedAED 790K · Mar 2009
3062-bedAED 1.93M · Sep 2021
3082-bedAED 2.25M · May 2023
1–7 of 11

307, Shoreline - Habool in numbers

  • Sold 3 times: first on 22 March 2009 for AED 1,025,000, last on 22 May 2023 for AED 3,400,000 (AED 1,701 per sqft).
  • Rented since September 2011 on 9 Ejari contracts, from AED 155,000 to AED 125,004 a year.
  • At AED 125,004 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 33,500 a year (AED 16.76 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 22 May 2023.

Questions about 307, Shoreline - Habool

What did unit 307 last sell for?

AED 3,400,000 on 22 May 2023: AED 1,701 per sqft for 1,998 sqft. The unit has 3 registered sales; the first was AED 1,025,000 in March 2009.

What is the rent for unit 307?

AED 125,004 a year on the contract renewed on 7 March 2021. The previous contract, from March 2019, was AED 135,000; the unit has been rented since September 2011.

How big is unit 307?

1,998 sqft (185.6 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 307 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 307, Shoreline - Habool

Starts from the last sale price (AED 3.4M, 22 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →