2-bed · 1,998 sqftShoreline - Habool, Palm Jumeirah · 4th floor · completed 2007

407, Shoreline - Habool

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

Unit 407 · DLD and Ejari recordsUpdated 25 August 2022
Last soldAED 2.1M10 June 2013
Current rentAED 116K /yr25 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Shoreline - Habool

What is 407 worth today?

Last sold for AED 2,100,000 in 2013

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25 Aug 2022RentedRenewal
AED 115,500/yr12 months · AED 58 per sqft
25 Aug 2021RentedRenewal
AED 105,000/yr12 months · AED 53 per sqft
25 Aug 2020RentedRenewal
AED 90,000/yr12 months · AED 45 per sqft
25 Aug 2019RentedNew contract
AED 105,000/yr12 months · AED 52 per sqft
7 Mar 2019RentedRenewal
AED 150,000/yr12 months · AED 75 per sqft
7 Mar 2016RentedNew contract
AED 170,000/yr12 months · AED 85 per sqft
10 Jun 2013SoldReady
AED 2,100,000AED 1,051 per sqft
21 Apr 2009Sold by developerReady
AED 1,025,000AED 513 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2022.

Key facts

Type
2-bed apartment
Size
1,998 sqft
Floor
4th of 9
Parking
B2-57
Developer
Nakheel
Completed
2007
Service charge
AED 33,500 /yr
Last sold
AED 2.1M · June 2013

About 407, Shoreline - Habool

407 is a two-bedroom apartment of 1,998 sqft on the 4th floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 10 June 2013 for AED 2,100,000, or AED 1,051 per sqft, 6% above the AED 993 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 25 August 2022, is AED 115,500 a year: a gross yield of 5.5% on the 2013 price, before the service charge of about AED 33,500 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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 1,025,000 (AED 513 per sqft)Sold, June 2013: AED 2,100,000 (AED 1,051 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Shoreline - Habool
100K150K200K2011201520192023Typical 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, March 2016: AED 170,000 a yearRenewal, March 2019: AED 150,000 a yearNew contract, August 2019: AED 105,000 a yearRenewal, August 2020: AED 90,000 a yearRenewal, August 2021: AED 105,000 a yearRenewal, August 2022: AED 115,500 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 407 sits

All 52 2-beds →

407 last sold in June 2013 at AED 1,051 per sqft, 6% above what two-beds in Shoreline - Habool were fetching at the time (AED 993). 407's AED 115,500 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 4th floor

All 107 units in Shoreline - Habool
Value
4012-bedAED 800K · Apr 2009
4023-bedAED 1.85M · Jul 2012
4033-bedAED 4M · May 2024
4041-bedAED 600K · Mar 2009
4052-bedAED 1.49M · Feb 2013
4062-bedAED 4.45M · Jan 2025
4082-bedAED 790K · Mar 2009
1–7 of 10

407, Shoreline - Habool in numbers

  • Sold twice: first on 21 April 2009 for AED 1,025,000, last on 10 June 2013 for AED 2,100,000 (AED 1,051 per sqft).
  • Rented since March 2016 on 6 Ejari contracts. The rent fell from AED 170,000 to AED 90,000 in 2020 and recovered to AED 115,500 by August 2022.
  • At AED 115,500 a year the gross yield on the 2013 price is 5.5%, 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 25 August 2022.

Questions about 407, Shoreline - Habool

What did unit 407 last sell for?

AED 2,100,000 on 10 June 2013: AED 1,051 per sqft for 1,998 sqft. The unit has 2 registered sales; the first was AED 1,025,000 in April 2009.

What is the rent for unit 407?

AED 115,500 a year on the contract renewed on 25 August 2022. The previous contract, from August 2021, was AED 105,000; the unit has been rented since March 2016.

How big is unit 407?

1,998 sqft (185.6 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 407 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 407, Shoreline - Habool

Starts from the last sale price (AED 2.1M, 10 June 2013). 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 →