2-bed · 1,590 sqftShoreline - Nabat, Palm Jumeirah · 1st floor

112, Shoreline - Nabat

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 26 March 2024
Last soldAED 2.83M26 March 2024
Current rentAED 119K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Shoreline - Nabat

What is 112 worth today?

Last sold for AED 2,825,000 in 2024

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26 Mar 2024SoldReady
AED 2,825,000AED 1,776 per sqft
1 Oct 2022RentedRenewal
AED 119,000/yr12 months · AED 75 per sqft
1 Oct 2021RentedNew contract
AED 115,000/yr12 months · AED 72 per sqft
1 Apr 2021RentedNew contract
AED 96,000/yr12 months · AED 60 per sqft
28 Sep 2019RentedNew contract
AED 110,000/yr12 months · AED 69 per sqft
28 Sep 2018RentedRenewal
AED 153,000/yr12 months · AED 96 per sqft
15 Feb 2016RentedNew contract
AED 168,000/yr12 months · AED 105 per sqft
15 Feb 2015RentedRenewal
AED 163,013/yr12 months · AED 103 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 March 2024.

Key facts

Type
2-bed apartment
Size
1,590 sqft
Floor
1st of 9
Parking
EUB8B02C83
Service charge
AED 18,300 /yr
Last sold
AED 2.83M · March 2024

About 112, Shoreline - Nabat

112 is a two-bedroom apartment of 1,590 sqft on the 1st floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. It last sold on 26 March 2024 for AED 2,825,000, or AED 1,776 per sqft, 33% below the AED 2,639 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 119,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 18,300 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical two-bed in Shoreline - Nabat
2M4M20092013201720212025Typical sale price by year: 2009 AED 1,281,500; 2010 AED 1,310,000; 2011 AED 1,830,000; 2012 AED 3,000,000; 2013 AED 2,360,000; 2014 AED 2,700,000; 2016 AED 3,050,000; 2019 AED 2,306,000; 2021 AED 2,050,000; 2023 AED 3,825,000; 2024 AED 3,330,000Sold by developer, December 2009: AED 969,000 (AED 609 per sqft)Sold, March 2024: AED 2,825,000 (AED 1,776 per sqft)

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

Rents
Unit 112, each contractTypical two-bed in Shoreline - Nabat
100K200K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 162,150; 2014 AED 182,500; 2015 AED 187,213; 2016 AED 185,000; 2017 AED 160,000; 2018 AED 153,000; 2019 AED 140,000; 2020 AED 127,500; 2021 AED 120,000; 2022 AED 150,000; 2023 AED 165,000; 2024 AED 195,000; 2025 AED 215,000New contract, February 2012: AED 129,000 a yearRenewal, February 2013: AED 135,000 a yearRenewal, February 2014: AED 141,750 a yearRenewal, February 2015: AED 163,013 a yearNew contract, February 2016: AED 168,000 a yearRenewal, September 2018: AED 153,000 a yearNew contract, September 2019: AED 110,000 a yearNew contract, April 2021: AED 96,000 a yearNew contract, October 2021: AED 115,000 a yearRenewal, October 2022: AED 119,000 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 - Nabat, and where 112 sits

All 51 2-beds →

112 last sold in March 2024 at AED 1,776 per sqft, 33% below what two-beds in Shoreline - Nabat were fetching at the time (AED 2,639). Over the last 12 months two-beds sold for AED 7,500,000, around AED 3,761 per sqft, and rent for AED 213,000 to 295,000 a year. 112's AED 119,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Dec 20257,500,000
20 Dec 20243,330,000
8 Oct 20246,225,000
20 Nov 20234,850,000
1 2-bed sale in the last 12 months

Shoreline - Nabat

Building

119 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah. 2 sold in the last 12 months.

Typical price per sqft
AED 3,095
Typical sale
AED 6.45M
Typical rent
AED 221K /yr
Typical yield
4.2%
Shoreline - Nabat, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 119 units in Shoreline - Nabat
Value
1012-bedAED 2.2M · Nov 2015
1023-bedAED 4M · Dec 2013
1033-bedAED 4M · May 2023
1041-bedAED 1.65M · Jul 2011
1052-bedAED 1.34M · Dec 2009
106AED 6.5M · Nov 2025
1072-bedAED 3M · May 2018
1–7 of 11

112, Shoreline - Nabat in numbers

  • Sold twice: first on 30 December 2009 for AED 969,000, last on 26 March 2024 for AED 2,825,000 (AED 1,776 per sqft).
  • Rented since February 2012 on 10 Ejari contracts. The rent fell from AED 129,000 to AED 96,000 in 2021 and recovered to AED 119,000 by October 2022.
  • At AED 119,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 18,300 a year (AED 11.50 per sqft).
  • Two-beds in Shoreline - Nabat sold for AED 7,500,000–7,500,000 in the 12 months to November 2026; the building's median across all types is AED 3,095 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 26 March 2024.

Questions about 112, Shoreline - Nabat

What did unit 112 last sell for?

AED 2,825,000 on 26 March 2024: AED 1,776 per sqft for 1,590 sqft. The unit has 2 registered sales; the first was AED 969,000 in December 2009.

What is the rent for unit 112?

AED 119,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 115,000; the unit has been rented since February 2012.

How big is unit 112?

1,590 sqft (147.7 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower.

What is unit 112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Nabat sold for AED 7,500,000 to 7,500,000 in the last 12 months, around AED 3,761 per sqft.

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Mortgage on 112, Shoreline - Nabat

Starts from the last sale price (AED 2.83M, 26 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,825,000
Deposit, UAE resident (20%)
AED 565,000
Deposit, non-resident (40%)
AED 1,130,000
Monthly over 25 years at 3.7%
AED 11,558

Plus AED 123,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →