408, Shoreline - Habool
Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Shoreline - Habool
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 4th of 9
- Parking
- B2-58
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 26,000 /yr
- Last sold
- AED 790K · March 2009
- Building
- Shoreline - Habool
About 408, Shoreline - Habool
408 is a two-bedroom apartment of 1,551 sqft on the 4th floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 22 March 2009 for AED 790,000, or AED 509 per sqft, in line with the AED 517 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 13 March 2023, is AED 119,000 a year: a gross yield of 15.1% on the 2009 price, before the service charge of about AED 26,000 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the two-bed median of each year in the building.
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 408 sits
All 52 2-beds →408 last sold in March 2009 at AED 509 per sqft, in line with what two-beds in Shoreline - Habool were fetching at the time (AED 517). 408's AED 119,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jun 202519 June 2025 | 1,551 sqft | 3,925,000 | 2,530 | ||
| 12 Jun 202512 June 2025 | 1,994 sqft | 4,550,000 | 2,282 | ||
| 3 Jun 20253 June 2025 | 1,994 sqft | 5,250,000 | 2,633 | ||
| 23 Jan 202523 January 2025 | 1,998 sqft | 4,450,000 | 2,227 |
Shoreline - Habool
Building107 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
Other units on the 4th floor
All 107 units in Shoreline - Habool| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,586 sqft | AED 800KAED 800,000 · Apr 2009April 2009 | ||
| 402 | 3-bed | 2,221 sqft | AED 1.85MAED 1,850,000 · Jul 2012July 2012 | 150,000 /yr | |
| 403 | 3-bed | 2,161 sqft | AED 4MAED 4,000,000 · May 2024May 2024 | 260,000 /yr | |
| 404 | 1-bed | 1,145 sqft | AED 600KAED 600,000 · Mar 2009March 2009 | 104,464 /yr | |
| 405 | 2-bed | 1,551 sqft | AED 1.49MAED 1,490,000 · Feb 2013February 2013 | 195,000 /yr | |
| 406 | 2-bed | 1,998 sqft | AED 4.45MAED 4,450,000 · Jan 2025January 2025 | 210,000 /yr | |
| 407 | 2-bed | 1,998 sqft | AED 2.1MAED 2,100,000 · Jun 2013June 2013 | 115,500 /yr | |
| 409 | 1-bed | 1,145 sqft | AED 715KAED 715,000 · May 2018May 2018 | 140,000 /yr | |
| 410 | 3-bed | 2,161 sqft | AED 263KAED 263,320 · Jun 2018June 2018 | 227,700 /yr | |
| 412 | 2-bed | 1,586 sqft | AED 800KAED 800,000 · Apr 2009April 2009 |
408, Shoreline - Habool in numbers
- Sold once: by Nakheel on 22 March 2009 for AED 790,000, or AED 509 per sqft.
- Rented since July 2013 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 85,000 in 2021 and recovered to AED 119,000 by March 2023.
- At AED 119,000 a year the gross yield on the 2009 price is 15.1%, 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 13 March 2023.
Questions about 408, Shoreline - Habool
What did unit 408 last sell for?
AED 790,000 on 22 March 2009, sold by the developer: AED 509 per sqft for 1,551 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 119,000 a year on the contract signed on 13 March 2023. The previous contract, from February 2021, was AED 85,000; the unit has been rented since July 2013.
How big is unit 408?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.
What is unit 408 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 408, Shoreline - Habool
Starts from the last sale price (AED 790K, 22 March 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 790,000
- Deposit, UAE resident (20%)
- AED 158,000
- Deposit, non-resident (40%)
- AED 316,000
- Monthly over 25 years at 3.7%
- AED 3,232
Plus AED 38,190 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →