2-bed · 2,012 sqftShoreline - Nabat, Palm Jumeirah · 4th floor

407, Shoreline - Nabat

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

Unit 407 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 1.48M26 January 2010
Current rentAED 184K /yr25 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Shoreline - Nabat

What is 407 worth today?

Last sold for AED 1,480,000 in 2010

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25 Apr 2024RentedRenewal
AED 183,700/yr12 months · AED 91 per sqft
25 Apr 2023RentedRenewal
AED 164,000/yr12 months · AED 82 per sqft
25 Apr 2022RentedRenewal
AED 160,000/yr12 months · AED 80 per sqft
20 Aug 2020RentedRenewal
AED 160,000/yr6 months · AED 80 per sqft
20 Aug 2018RentedRenewal
AED 190,000/yr12 months · AED 94 per sqft
20 Aug 2017RentedRenewal
AED 190,000/yr12 months · AED 94 per sqft
20 Aug 2016RentedNew contract
AED 200,000/yr12 months · AED 99 per sqft
10 Aug 2015RentedNew contract
AED 205,000/yr12 months · AED 102 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 April 2024.

Key facts

Type
2-bed apartment
Size
2,012 sqft
Floor
4th of 9
Parking
EUB8B02C26
Service charge
AED 23,100 /yr
Last sold
AED 1.48M · January 2010

About 407, Shoreline - Nabat

407 is a two-bedroom apartment of 2,012 sqft on the 4th floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. The developer sold it on 26 January 2010 for AED 1,480,000, or AED 735 per sqft, in line with the AED 732 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 25 April 2024, is AED 183,700 a year: a gross yield of 12.4% on the 2010 price, before the service charge of about AED 23,100 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, January 2010: AED 1,480,000 (AED 735 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Shoreline - Nabat
150K200K2012201620202024Typical 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, July 2013: AED 190,000 a yearNew contract, August 2014: AED 210,000 a yearNew contract, August 2015: AED 205,000 a yearNew contract, August 2016: AED 200,000 a yearRenewal, August 2017: AED 190,000 a yearRenewal, August 2018: AED 190,000 a yearRenewal, August 2020: AED 160,000 a yearRenewal, April 2022: AED 160,000 a yearRenewal, April 2023: AED 164,000 a yearRenewal, April 2024: AED 183,700 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 407 sits

All 51 2-beds →

407 last sold in January 2010 at AED 735 per sqft, in line with what two-beds in Shoreline - Nabat were fetching at the time (AED 732). 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. 407's AED 183,700 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
26 Mar 20242,825,000
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 4th floor

All 119 units in Shoreline - Nabat
Value
4012-bedAED 910K · Mar 2010
4023-bedAED 1.22M · Dec 2009
4033-bedAED 4.1M · Sep 2013
404AED 3.5M · Oct 2025
4052-bedAED 4.25M · Jun 2011
4062-bedAED 3M · May 2011
4082-bedAED 4.85M · Nov 2023
1–7 of 11

407, Shoreline - Nabat in numbers

  • Sold once: by the developer on 26 January 2010 for AED 1,480,000, or AED 735 per sqft.
  • Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 190,000 to AED 160,000 in 2022 and recovered to AED 183,700 by April 2024.
  • At AED 183,700 a year the gross yield on the 2010 price is 12.4%, before a service charge of about AED 23,100 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 25 April 2024.

Questions about 407, Shoreline - Nabat

What did unit 407 last sell for?

AED 1,480,000 on 26 January 2010, sold by the developer: AED 735 per sqft for 2,012 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 183,700 a year on the contract renewed on 25 April 2024. The previous contract, from April 2023, was AED 164,000; the unit has been rented since July 2013.

How big is unit 407?

2,012 sqft (186.9 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower.

What is unit 407 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 407, Shoreline - Nabat

Starts from the last sale price (AED 1.48M, 26 January 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,480,000
Deposit, UAE resident (20%)
AED 296,000
Deposit, non-resident (40%)
AED 592,000
Monthly over 25 years at 3.7%
AED 6,055

Plus AED 67,170 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →