3-bed · 218 sqftShoreline - Haseer, Palm Jumeirah · 6th floor · completed 2007

602, Shoreline - Haseer

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 14 November 2023
Last soldAED 1.36M8 March 2010
Current rentAED 150K /yr14 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Shoreline - Haseer

What is 602 worth today?

Last sold for AED 1,359,000 in 2010

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14 Nov 2023RentedRenewal
AED 150,000/yr24 months · AED 69 per sqft
14 Nov 2021RentedRenewal
AED 125,000/yr24 months · AED 57 per sqft
14 Nov 2020RentedRenewal
AED 115,000/yr12 months · AED 53 per sqft
14 Nov 2018RentedNew contract
AED 140,000/yr24 months · AED 64 per sqft
16 Jul 2017RentedNew contract
AED 165,000/yr12 months · AED 76 per sqft
15 Jul 2015RentedNew contract
AED 185,000/yr12 months · AED 85 per sqft
29 Sep 2013RentedNew contract
AED 200,000/yr12 months · AED 92 per sqft
8 Mar 2010Sold by developerReady
AED 1,359,000AED 622 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 November 2023.

Key facts

Type
3-bed apartment
Size
218 sqft
Floor
6th of 10
Parking
EUB7B02C65 & EUB7B02C66
Developer
Nakheel
Completed
2007
Service charge
AED 2,500 /yr
Last sold
AED 1.36M · March 2010

About 602, Shoreline - Haseer

602 is a three-bedroom apartment of 218 sqft on the 6th floor of Shoreline - Haseer, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 8 March 2010 for AED 1,359,000, or AED 622 per sqft, 10% below the AED 689 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 14 November 2023, is AED 150,000 a year: a gross yield of 11.0% on the 2010 price, before the service charge of about AED 2,500 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical three-bed in Shoreline - Haseer
2M4M2009201320172021Typical sale price by year: 2009 AED 1,404,500; 2010 AED 1,540,000; 2011 AED 2,225,000; 2013 AED 3,575,000; 2015 AED 2,725,000; 2016 AED 2,750,000; 2018 AED 2,350,000; 2019 AED 2,400,000; 2021 AED 2,300,000; 2022 AED 3,250,000; 2023 AED 3,775,000Sold by developer, March 2010: AED 1,359,000 (AED 622 per sqft)

602 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 602, each contractTypical three-bed in Shoreline - Haseer
100K200K2012201620202024Typical rent by year: 2012 AED 180,000; 2013 AED 185,000; 2014 AED 217,500; 2015 AED 202,500; 2016 AED 202,500; 2017 AED 187,000; 2018 AED 170,000; 2019 AED 160,000; 2020 AED 130,000; 2021 AED 147,500; 2022 AED 200,000; 2023 AED 195,206; 2024 AED 230,000; 2025 AED 239,402New contract, September 2013: AED 200,000 a yearNew contract, July 2015: AED 185,000 a yearNew contract, July 2017: AED 165,000 a yearNew contract, November 2018: AED 140,000 a yearRenewal, November 2020: AED 115,000 a yearRenewal, November 2021: AED 125,000 a yearRenewal, November 2023: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shoreline - Haseer, and where 602 sits

All 42 3-beds →

602 last sold in March 2010 at AED 622 per sqft, 10% below what three-beds in Shoreline - Haseer were fetching at the time (AED 689).

Recent 3-bed salesUnit no.Price (AED)Summary
4 Jul 20244,500,000
31 May 20244,100,000
26 May 20234,300,000
25 Apr 20233,200,000
0 3-bed sales in the last 12 months

Shoreline - Haseer

Building

131 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%
Shoreline - Haseer, Palm Jumeirah: prices, sales and rents →

Other units on the 6th floor

All 131 units in Shoreline - Haseer
Value
6012-bedAED 1.15M · Jan 2010
6033-bedAED 1.86M · Jan 2010
6041-bedAED 1.8M · Jun 2013
6052-bedAED 1.6M · Nov 2009
6062-bedAED 1.76M · Dec 2009
6072-bedAED 2.8M · Jun 2010
6082-bedAED 2.53M · Nov 2018
1–7 of 11

602, Shoreline - Haseer in numbers

  • Sold once: by Nakheel on 8 March 2010 for AED 1,359,000, or AED 622 per sqft.
  • Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 200,000 to AED 115,000 in 2020 and recovered to AED 150,000 by November 2023.
  • At AED 150,000 a year the gross yield on the 2010 price is 11.0%, before a service charge of about AED 2,500 a year (AED 11.50 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 14 November 2023.

Questions about 602, Shoreline - Haseer

What did unit 602 last sell for?

AED 1,359,000 on 8 March 2010, sold by the developer: AED 622 per sqft for 218 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 150,000 a year on the contract renewed on 14 November 2023. The previous contract, from November 2021, was AED 125,000; the unit has been rented since September 2013.

How big is unit 602?

218 sqft (20.3 sqm): a three-bedroom apartment on the 6th floor of a 10-storey tower completed in 2007.

What is unit 602 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 602, Shoreline - Haseer

Starts from the last sale price (AED 1.36M, 8 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,359,000
Deposit, UAE resident (20%)
AED 271,800
Deposit, non-resident (40%)
AED 543,600
Monthly over 25 years at 3.7%
AED 5,560

Plus AED 62,088 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →