506, Shoreline - Habool
Sold prices and rental history: sold once, by the developer in January 2012, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Shoreline - Habool
What is 506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,014 sqft
- Floor
- 5th of 9
- Parking
- B2-73
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 33,800 /yr
- Last sold
- AED 3M · January 2012
- Building
- Shoreline - Habool
About 506, Shoreline - Habool
506 is a two-bedroom apartment of 2,014 sqft on the 5th floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 5 January 2012 for AED 3,000,000, or AED 1,489 per sqft, 96% above the AED 758 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 8 May 2025, is AED 164,968 a year: a gross yield of 5.5% on the 2012 price, before the service charge of about AED 33,800 a year.
Sales and rents for 506 over time
506 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 506 sits
All 52 2-beds →506 last sold in January 2012 at AED 1,489 per sqft, 96% above what two-beds in Shoreline - Habool were fetching at the time (AED 758). 506's AED 164,968 is in the lower half 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 5th floor
All 107 units in Shoreline - Habool| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,583 sqft | AED 800KAED 800,000 · Feb 2020February 2020 | ||
| 502 | 3-bed | 2,221 sqft | AED 2.64MAED 2,640,000 · Nov 2021November 2021 | 225,000 /yr | |
| 503 | 3-bed | 2,161 sqft | AED 2.18MAED 2,175,000 · Jul 2018July 2018 | 180,000 /yr | |
| 504 | 1-bed | 1,145 sqft | AED 600KAED 600,000 · Mar 2009March 2009 | 104,799 /yr | |
| 505 | 2-bed | 1,551 sqft | AED 3.93MAED 3,925,000 · Jun 2025June 2025 | 87,000 /yr | |
| 507 | 2-bed | 2,014 sqft | AED 2.33MAED 2,325,000 · Nov 2016November 2016 | 230,000 /yr | |
| 508 | 2-bed | 1,551 sqft | AED 2.3MAED 2,300,000 · Jun 2009June 2009 | 170,000 /yr | |
| 509 | 1-bed | 1,145 sqft | AED 600KAED 600,000 · Mar 2009March 2009 | 126,000 /yr | |
| 510 | 3-bed | 2,161 sqft | AED 2.1MAED 2,100,000 · Jul 2021July 2021 | 150,000 /yr | |
| 511 | 3-bed | 2,221 sqft | AED 3.7MAED 3,700,000 · Jul 2024July 2024 | 187,204 /yr | |
| 512 | 2-bed | 1,583 sqft | AED 800KAED 800,000 · Mar 2010March 2010 | 199,999 /yr |
506, Shoreline - Habool in numbers
- Sold once: by Nakheel on 5 January 2012 for AED 3,000,000, or AED 1,489 per sqft.
- Rented since May 2021 on 4 Ejari contracts, from AED 105,000 to AED 164,968 a year.
- At AED 164,968 a year the gross yield on the 2012 price is 5.5%, before a service charge of about AED 33,800 a year (AED 16.76 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 8 May 2025.
Questions about 506, Shoreline - Habool
What did unit 506 last sell for?
AED 3,000,000 on 5 January 2012, sold by the developer: AED 1,489 per sqft for 2,014 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 164,968 a year on the contract renewed on 8 May 2025. The previous contract, from May 2024, was AED 143,450; the unit has been rented since May 2021.
How big is unit 506?
2,014 sqft (187.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.
What is unit 506 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 506, Shoreline - Habool
Starts from the last sale price (AED 3M, 5 January 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →