508, Shoreline - Habool
Sold prices and rental history: sold twice, last in June 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Shoreline - Habool
What is 508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 5th of 9
- Parking
- B2-75
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 26,000 /yr
- Last sold
- AED 2.3M · June 2009
- Building
- Shoreline - Habool
About 508, Shoreline - Habool
508 is a two-bedroom apartment of 1,551 sqft on the 5th floor of Shoreline - Habool, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 25 June 2009 for AED 2,300,000, or AED 1,483 per sqft, 185% above the AED 521 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 10 January 2024, is AED 170,000 a year: a gross yield of 7.4% on the 2009 price, before the service charge of about AED 26,000 a year.
Sales and rents for 508 over time
508 has sold twice; 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 508 sits
All 52 2-beds →508 last sold in June 2009 at AED 1,483 per sqft, 185% above what two-beds in Shoreline - Habool were fetching at the time (AED 521). 508's AED 170,000 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 | |
| 506 | 2-bed | 2,014 sqft | AED 3MAED 3,000,000 · Jan 2012January 2012 | 164,968 /yr | |
| 507 | 2-bed | 2,014 sqft | AED 2.33MAED 2,325,000 · Nov 2016November 2016 | 230,000 /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 |
508, Shoreline - Habool in numbers
- Sold twice: first on 3 May 2009 for AED 2,125,000, last on 25 June 2009 for AED 2,300,000 (AED 1,483 per sqft).
- Rented since June 2012 on 12 Ejari contracts. The rent fell from AED 107,000 to AED 85,000 in 2020 and recovered to AED 170,000 by January 2024.
- At AED 170,000 a year the gross yield on the 2009 price is 7.4%, 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 10 January 2024.
Questions about 508, Shoreline - Habool
What did unit 508 last sell for?
AED 2,300,000 on 25 June 2009: AED 1,483 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 2,125,000 in May 2009.
What is the rent for unit 508?
AED 170,000 a year on the contract renewed on 10 January 2024. The previous contract, from January 2023, was AED 170,000; the unit has been rented since June 2012.
How big is unit 508?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.
What is unit 508 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 508, Shoreline - Habool
Starts from the last sale price (AED 2.3M, 25 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →