3-bed · 2,152 sqftShoreline - Haseer, Palm Jumeirah · 6th floor · completed 2007

603, Shoreline - Haseer

Sold prices and rental history: sold once, by the developer in January 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 1.86M28 January 2010
Current rentAED 230K /yr12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Shoreline - Haseer

What is 603 worth today?

Last sold for AED 1,862,000 in 2010

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12 Aug 2024RentedRenewal
AED 230,000/yr12 months · AED 107 per sqft
12 Aug 2021RentedRenewal
AED 150,000/yr12 months · AED 70 per sqft
12 Aug 2020RentedRenewal
AED 150,000/yr12 months · AED 70 per sqft
12 Aug 2019RentedRenewal
AED 180,000/yr12 months · AED 84 per sqft
12 Aug 2018RentedRenewal
AED 180,000/yr12 months · AED 84 per sqft
12 Aug 2017RentedNew contract
AED 180,000/yr12 months · AED 84 per sqft
6 Jun 2016RentedNew contract
AED 230,000/yr12 months · AED 107 per sqft
17 Nov 2014RentedNew contract
AED 240,000/yr18 months · AED 112 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 August 2024.

Key facts

Type
3-bed apartment
Size
2,152 sqft
Floor
6th of 10
Parking
EUB7B02C67 & EUB7B02C68 & EUB7B02C69
Developer
Nakheel
Completed
2007
Service charge
AED 24,700 /yr
Last sold
AED 1.86M · January 2010

About 603, Shoreline - Haseer

603 is a three-bedroom apartment of 2,152 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 28 January 2010 for AED 1,862,000, or AED 865 per sqft, 36% above the AED 636 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 12 August 2024, is AED 230,000 a year: a gross yield of 12.3% on the 2010 price, before the service charge of about AED 24,700 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, January 2010: AED 1,862,000 (AED 865 per sqft)

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

Rents
Unit 603, each contractTypical three-bed in Shoreline - Haseer
150K200K250K2012201620202024Typical 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, May 2014: AED 230,000 a yearNew contract, November 2014: AED 240,000 a yearNew contract, June 2016: AED 230,000 a yearNew contract, August 2017: AED 180,000 a yearRenewal, August 2018: AED 180,000 a yearRenewal, August 2019: AED 180,000 a yearRenewal, August 2020: AED 150,000 a yearRenewal, August 2021: AED 150,000 a yearRenewal, August 2024: AED 230,000 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 603 sits

All 42 3-beds →

603 last sold in January 2010 at AED 865 per sqft, 36% above what three-beds in Shoreline - Haseer were fetching at the time (AED 636).

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
6023-bedAED 1.36M · Mar 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

603, Shoreline - Haseer in numbers

  • Sold once: by Nakheel on 28 January 2010 for AED 1,862,000, or AED 865 per sqft.
  • Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 230,000 to AED 150,000 in 2021 and recovered to AED 230,000 by August 2024.
  • At AED 230,000 a year the gross yield on the 2010 price is 12.3%, before a service charge of about AED 24,700 a year (AED 11.50 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 12 August 2024.

Questions about 603, Shoreline - Haseer

What did unit 603 last sell for?

AED 1,862,000 on 28 January 2010, sold by the developer: AED 865 per sqft for 2,152 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 230,000 a year on the contract renewed on 12 August 2024. The previous contract, from August 2021, was AED 150,000; the unit has been rented since May 2014.

How big is unit 603?

2,152 sqft (199.9 sqm): a three-bedroom apartment on the 6th floor of a 10-storey tower completed in 2007.

What is unit 603 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 603, Shoreline - Haseer

Starts from the last sale price (AED 1.86M, 28 January 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,862,000
Deposit, UAE resident (20%)
AED 372,400
Deposit, non-resident (40%)
AED 744,800
Monthly over 25 years at 3.7%
AED 7,618

Plus AED 83,214 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →