1-bed · 1,145 sqftShoreline - Habool, Palm Jumeirah · 3rd floor · completed 2007

309, Shoreline - Habool

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

Unit 309 · DLD and Ejari recordsUpdated 28 February 2024
Last soldAED 1.4M13 August 2013
Current rentAED 125K /yr28 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Shoreline - Habool

What is 309 worth today?

Last sold for AED 1,400,000 in 2013

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28 Feb 2024RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
5 Feb 2023RentedRenewal
AED 82,800/yr12 months · AED 73 per sqft
5 Feb 2022RentedRenewal
AED 72,000/yr12 months · AED 63 per sqft
5 Feb 2021RentedNew contract
AED 65,000/yr12 months · AED 57 per sqft
22 Nov 2019RentedNew contract
AED 75,000/yr13 months · AED 66 per sqft
15 Oct 2018RentedRenewal
AED 87,500/yr12 months · AED 77 per sqft
15 Oct 2017RentedRenewal
AED 100,000/yr12 months · AED 88 per sqft
15 Oct 2016RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 February 2024.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
3rd of 9
Parking
B2-47
Developer
Nakheel
Completed
2007
Service charge
AED 19,200 /yr
Last sold
AED 1.4M · August 2013

About 309, Shoreline - Habool

309 is a one-bedroom apartment of 1,145 sqft on the 3rd floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 13 August 2013 for AED 1,400,000, or AED 1,222 per sqft, 7% above the AED 1,141 one-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 28 February 2024, is AED 125,000 a year: a gross yield of 8.9% on the 2013 price, before the service charge of about AED 19,200 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Shoreline - Habool
1M2M2009201320172021Typical sale price by year: 2009 AED 625,000; 2012 AED 1,150,000; 2023 AED 1,810,000Sold by developer, April 2009: AED 1,212,711 (AED 1,058 per sqft)Sold, August 2013: AED 1,400,000 (AED 1,222 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Shoreline - Habool
100K150K2013201720212025Typical rent by year: 2013 AED 90,000; 2014 AED 100,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 90,000; 2019 AED 85,000; 2020 AED 78,000; 2021 AED 69,000; 2022 AED 78,250; 2023 AED 91,410; 2024 AED 122,500; 2025 AED 128,000; 2026 AED 142,070New contract, December 2013: AED 110,000 a yearNew contract, May 2015: AED 120,000 a yearRenewal, May 2016: AED 120,000 a yearNew contract, October 2016: AED 100,000 a yearRenewal, October 2017: AED 100,000 a yearRenewal, October 2018: AED 87,500 a yearNew contract, November 2019: AED 75,000 a yearNew contract, February 2021: AED 65,000 a yearRenewal, February 2022: AED 72,000 a yearRenewal, February 2023: AED 82,800 a yearNew contract, February 2024: AED 125,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Habool, and where 309 sits

All 22 1-beds →

309 last sold in August 2013 at AED 1,222 per sqft, 7% above what one-beds in Shoreline - Habool were fetching at the time (AED 1,141). 309's AED 125,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Feb 20242,340,000
28 Sep 20232,250,000
21 Jun 20231,900,000
1 Jun 20231,900,000
0 1-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
3072-bedAED 3.4M · May 2023
1–7 of 11

309, Shoreline - Habool in numbers

  • Sold twice: first on 21 April 2009 for AED 1,212,711, last on 13 August 2013 for AED 1,400,000 (AED 1,222 per sqft).
  • Rented since December 2013 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2021 and recovered to AED 125,000 by February 2024.
  • At AED 125,000 a year the gross yield on the 2013 price is 8.9%, before a service charge of about AED 19,200 a year (AED 16.76 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 28 February 2024.

Questions about 309, Shoreline - Habool

What did unit 309 last sell for?

AED 1,400,000 on 13 August 2013: AED 1,222 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 1,212,711 in April 2009.

What is the rent for unit 309?

AED 125,000 a year on the contract signed on 28 February 2024. The previous contract, from February 2023, was AED 82,800; the unit has been rented since December 2013.

How big is unit 309?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 309 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 309, Shoreline - Habool

Starts from the last sale price (AED 1.4M, 13 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →