1-bed · 1,137 sqftShoreline - Nabat, Palm Jumeirah · 5th floor

504, Shoreline - Nabat

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

Unit 504 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 1.5M17 February 2010
Current rentAED 160K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Shoreline - Nabat

What is 504 worth today?

Last sold for AED 1,500,000 in 2010

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15 Sep 2024RentedNew contract
AED 160,000/yr12 months · AED 141 per sqft
1 Aug 2023RentedRenewal
AED 125,000/yr12 months · AED 110 per sqft
1 Aug 2022RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
29 Apr 2021RentedNew contract
AED 105,000/yr12 months · AED 92 per sqft
1 Sep 2019RentedNew contract
AED 105,000/yr12 months · AED 92 per sqft
1 Feb 2019RentedNew contract
AED 125,455/yr11 months · AED 110 per sqft
1 Feb 2019RentedNew contract
AED 115,000/yr12 months · AED 101 per sqft
15 Sep 2017RentedNew contract
AED 130,000/yr12 months · AED 114 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.

Key facts

Type
1-bed apartment
Size
1,137 sqft
Floor
5th of 9
Parking
EUB8B02C13
Service charge
AED 13,100 /yr
Last sold
AED 1.5M · February 2010

About 504, Shoreline - Nabat

504 is a one-bedroom apartment of 1,137 sqft on the 5th floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. The developer sold it on 17 February 2010 for AED 1,500,000, or AED 1,319 per sqft, 64% above the AED 805 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 15 September 2024, is AED 160,000 a year: a gross yield of 10.7% on the 2010 price, before the service charge of about AED 13,100 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Shoreline - Nabat
1M2M2009201320172021Typical sale price by year: 2009 AED 969,000; 2010 AED 925,000; 2011 AED 1,450,000; 2013 AED 1,800,000; 2021 AED 1,850,000; 2023 AED 2,400,000Sold by developer, February 2010: AED 1,500,000 (AED 1,319 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in Shoreline - Nabat
100K150K2013201720212025Typical rent by year: 2013 AED 127,500; 2014 AED 140,000; 2015 AED 145,000; 2016 AED 142,500; 2017 AED 132,000; 2018 AED 125,000; 2019 AED 115,000; 2020 AED 85,000; 2021 AED 105,000; 2022 AED 116,000; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 156,000New contract, September 2014: AED 135,000 a yearNew contract, October 2015: AED 140,000 a yearRenewal, October 2016: AED 140,000 a yearNew contract, September 2017: AED 130,000 a yearNew contract, February 2019: AED 125,455 a yearNew contract, February 2019: AED 115,000 a yearNew contract, September 2019: AED 105,000 a yearNew contract, April 2021: AED 105,000 a yearNew contract, August 2022: AED 125,000 a yearRenewal, August 2023: AED 125,000 a yearNew contract, September 2024: AED 160,000 a year

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

1-beds in Shoreline - Nabat, and where 504 sits

All 21 1-beds →

504 last sold in February 2010 at AED 1,319 per sqft, 64% above what one-beds in Shoreline - Nabat were fetching at the time (AED 805).

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 20243,450,000
17 Oct 20232,200,000
27 Sep 20232,300,000
11 May 20232,550,000
0 1-bed sales 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 5th floor

All 119 units in Shoreline - Nabat
Value
5012-bedAED 880K · Mar 2010
5023-bedAED 1.33M · Feb 2010
5033-bedAED 4.4M · Feb 2023
5052-bedAED 3.5M · Apr 2014
5062-bedAED 2.6M · Jan 2021
5072-bedAED 3.4M · Jun 2016
5082-bedAED 3.45M · Feb 2023
1–7 of 11

504, Shoreline - Nabat in numbers

  • Sold once: by the developer on 17 February 2010 for AED 1,500,000, or AED 1,319 per sqft.
  • Rented since September 2014 on 11 Ejari contracts. The rent fell from AED 135,000 to AED 105,000 in 2021 and recovered to AED 160,000 by September 2024.
  • At AED 160,000 a year the gross yield on the 2010 price is 10.7%, before a service charge of about AED 13,100 a year (AED 11.50 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.

Questions about 504, Shoreline - Nabat

What did unit 504 last sell for?

AED 1,500,000 on 17 February 2010, sold by the developer: AED 1,319 per sqft for 1,137 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 160,000 a year on the contract signed on 15 September 2024. The previous contract, from August 2023, was AED 125,000; the unit has been rented since September 2014.

How big is unit 504?

1,137 sqft (105.6 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower.

What is unit 504 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 504, Shoreline - Nabat

Starts from the last sale price (AED 1.5M, 17 February 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →