408, Shoreline - Haseer
Sold prices and rental history: sold 3 times, last in January 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Shoreline - Haseer
What is 408 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 24 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,550 sqft
- Floor
- 4th of 10
- Parking
- EUB7B02C93
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 17,800 /yr
- Last sold
- AED 3.3M · January 2013
- Building
- Shoreline - Haseer
About 408, Shoreline - Haseer
408 is a two-bedroom apartment of 1,550 sqft on the 4th floor of Shoreline - Haseer, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 31 January 2013 for AED 3,300,000, or AED 2,129 per sqft, 44% above the AED 1,479 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 24 June 2024, is AED 300,000 a year: a gross yield of 9.1% on the 2013 price, before the service charge of about AED 17,800 a year.
Sales and rents for 408 over time
408 has sold 3 times; 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 - Haseer, and where 408 sits
All 57 2-beds →408 last sold in January 2013 at AED 2,129 per sqft, 44% above what two-beds in Shoreline - Haseer were fetching at the time (AED 1,479). Over the last 12 months two-beds sold for AED 6,900,000, around AED 3,460 per sqft, and rent for AED 179,314 to 266,250 a year. 408's AED 300,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jun 202523 June 2025 | 1,997 sqft | 6,900,000 | 3,455 | ||
| 19 May 202519 May 2025 | 1,550 sqft | 5,450,000 | 3,516 | ||
| 14 Mar 202514 March 2025 | 1,550 sqft | 5,500,000 | 3,548 | ||
| 18 Feb 202518 February 2025 | 1,997 sqft | 5,500,000 | 2,754 |
Shoreline - Haseer
Building131 apartments, 1-bed to 3-bed over 10 floors in Palm Jumeirah, completed in 2007 by Nakheel. 2 sold in the last 12 months.
- Typical price per sqft
- AED 3,550
- Typical sale
- AED 5.53M
- Typical rent
- AED 211K /yr
- Typical yield
- 3.7%
Other units on the 4th floor
All 131 units in Shoreline - Haseer| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,587 sqft | AED 2.95MAED 2,950,000 · Jul 2024July 2024 | 110,000 /yr | |
| 402 | 3-bed | 2,216 sqft | AED 2.78MAED 2,777,888 · Aug 2022August 2022 | 120,000 /yr | |
| 403 | 3-bed | 2,152 sqft | AED 3.8MAED 3,800,000 · Sep 2015September 2015 | 207,960 /yr | |
| 404 | 1-bed | 1,140 sqft | AED 1MAED 1,000,000 · Jul 2021July 2021 | 165,000 /yr | |
| 405 | 2-bed | 1,550 sqft | AED 2.5MAED 2,500,000 · Jul 2019July 2019 | 187,000 /yr | |
| 406 | 2,012 sqft | AED 6.2MAED 6,200,000 · Oct 2025October 2025 | 175,000 /yr | ||
| 407 | 2-bed | 2,012 sqft | AED 1.67MAED 1,670,000 · Mar 2010March 2010 | 266,250 /yr | |
| 409 | 1-bed | 1,140 sqft | AED 1.71MAED 1,710,000 · Apr 2018April 2018 | 115,000 /yr | |
| 410 | 3-bed | 2,152 sqft | AED 2.1MAED 2,100,000 · Oct 2019October 2019 | 163,000 /yr | |
| 411 | 3-bed | 2,216 sqft | AED 4.5MAED 4,500,000 · Jul 2024July 2024 | 220,000 /yr | |
| 412 | 2-bed | 1,587 sqft | AED 1.73MAED 1,726,000 · Jul 2021July 2021 | 165,125 /yr |
408, Shoreline - Haseer in numbers
- Sold 3 times: first on 8 March 2010 for AED 1,370,000, last on 31 January 2013 for AED 3,300,000 (AED 2,129 per sqft).
- Rented since February 2018 on 5 Ejari contracts. The rent fell from AED 167,000 to AED 120,000 in 2020 and recovered to AED 300,000 by June 2024.
- At AED 300,000 a year the gross yield on the 2013 price is 9.1%, before a service charge of about AED 17,800 a year (AED 11.50 per sqft).
- Two-beds in Shoreline - Haseer sold for AED 6,900,000–6,900,000 in the 12 months to November 2026; the building's median across all types is AED 3,550 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 24 June 2024.
Questions about 408, Shoreline - Haseer
What did unit 408 last sell for?
AED 3,300,000 on 31 January 2013: AED 2,129 per sqft for 1,550 sqft. The unit has 3 registered sales; the first was AED 1,370,000 in March 2010.
What is the rent for unit 408?
AED 300,000 a year on the contract renewed on 24 June 2024. The previous contract, from June 2023, was AED 235,000; the unit has been rented since February 2018.
How big is unit 408?
1,550 sqft (144.0 sqm): a two-bedroom apartment on the 4th floor of a 10-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. Two-beds in Shoreline - Haseer sold for AED 6,900,000 to 6,900,000 in the last 12 months, around AED 3,460 per sqft.
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Mortgage on 408, Shoreline - Haseer
Starts from the last sale price (AED 3.3M, 31 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,300,000
- Deposit, UAE resident (20%)
- AED 660,000
- Deposit, non-resident (40%)
- AED 1,320,000
- Monthly over 25 years at 3.7%
- AED 13,501
Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →