2-bed · 1,994 sqftShoreline - Haseer, Palm Jumeirah · 7th floor · completed 2007

706, Shoreline - Haseer

Sold prices and rental history: sold once, by the developer in December 2009, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 9 September 2024
Last soldAED 1.71M8 December 2009
Current rentAED 235K /yr9 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Shoreline - Haseer

What is 706 worth today?

Last sold for AED 1,710,000 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Sep 2024RentedNew contract
AED 235,000/yr12 months · AED 118 per sqft
10 May 2022RentedNew contract
AED 220,000/yr12 months · AED 110 per sqft
19 Nov 2016RentedNew contract
AED 180,000/yr12 months · AED 90 per sqft
8 Dec 2009Sold by developerReady
AED 1,710,000AED 857 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 September 2024.

Key facts

Type
2-bed apartment
Size
1,994 sqft
Floor
7th of 10
Parking
EUB7B02C115
Developer
Nakheel
Completed
2007
Service charge
AED 22,900 /yr
Last sold
AED 1.71M · December 2009

About 706, Shoreline - Haseer

706 is a two-bedroom apartment of 1,994 sqft on the 7th floor of Shoreline - Haseer, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 8 December 2009 for AED 1,710,000, or AED 857 per sqft, 17% below the AED 1,032 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 9 September 2024, is AED 235,000 a year: a gross yield of 13.7% on the 2009 price, before the service charge of about AED 22,900 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical two-bed in Shoreline - Haseer
2M4M6M2009201420192024Typical sale price by year: 2009 AED 1,530,000; 2010 AED 1,385,000; 2011 AED 2,311,868; 2012 AED 2,306,000; 2013 AED 2,200,000; 2014 AED 2,830,000; 2016 AED 2,200,000; 2018 AED 2,162,500; 2019 AED 2,125,000; 2021 AED 2,535,000; 2022 AED 3,500,000; 2025 AED 5,500,000Sold by developer, December 2009: AED 1,710,000 (AED 857 per sqft)

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

Rents
Unit 706, each contractTypical two-bed in Shoreline - Haseer
100K200K2013201720212025Typical rent by year: 2013 AED 166,000; 2014 AED 193,750; 2015 AED 190,000; 2016 AED 187,500; 2017 AED 159,572; 2018 AED 157,000; 2019 AED 145,000; 2020 AED 120,000; 2021 AED 135,000; 2022 AED 139,768; 2023 AED 162,000; 2024 AED 187,464; 2025 AED 196,837; 2026 AED 199,000New contract, November 2016: AED 180,000 a yearNew contract, May 2022: AED 220,000 a yearNew contract, September 2024: AED 235,000 a year

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 706 sits

All 57 2-beds →

706 last sold in December 2009 at AED 857 per sqft, 17% below what two-beds in Shoreline - Haseer were fetching at the time (AED 1,032). 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. 706's AED 235,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jun 20256,900,000
19 May 20255,450,000
14 Mar 20255,500,000
18 Feb 20255,500,000
1 2-bed sale 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 7th floor

All 131 units in Shoreline - Haseer
Value
7012-bedAED 2.2M · Jul 2013
7023-bedAED 2.76M · Oct 2019
7033-bedAED 3.55M · Oct 2022
7041-bedAED 1.1M · Jun 2011
7052-bedAED 3M · Feb 2017
7072-bedAED 5.3M · Jul 2014
7082-bedAED 945K · Feb 2017
1–7 of 11

706, Shoreline - Haseer in numbers

  • Sold once: by Nakheel on 8 December 2009 for AED 1,710,000, or AED 857 per sqft.
  • Rented since November 2016 on 3 Ejari contracts, from AED 180,000 to AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2009 price is 13.7%, before a service charge of about AED 22,900 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 9 September 2024.

Questions about 706, Shoreline - Haseer

What did unit 706 last sell for?

AED 1,710,000 on 8 December 2009, sold by the developer: AED 857 per sqft for 1,994 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 235,000 a year on the contract signed on 9 September 2024. The previous contract, from May 2022, was AED 220,000; the unit has been rented since November 2016.

How big is unit 706?

1,994 sqft (185.2 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2007.

What is unit 706 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.

Selling 706? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 706, Shoreline - Haseer

Starts from the last sale price (AED 1.71M, 8 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,710,000
Deposit, UAE resident (20%)
AED 342,000
Deposit, non-resident (40%)
AED 684,000
Monthly over 25 years at 3.7%
AED 6,996

Plus AED 76,830 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →