3-bed · 2,182 sqftShoreline - Nabat, Palm Jumeirah · 7th floor

711, Shoreline - Nabat

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 3M22 December 2022
Current rentAED 265K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Shoreline - Nabat

What is 711 worth today?

Last sold for AED 3,000,000 in 2022

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1 Aug 2024RentedNew contract
AED 265,000/yr12 months · AED 121 per sqft
29 Jan 2023RentedNew contract
AED 143,750/yr12 months · AED 66 per sqft
22 Dec 2022SoldReady
AED 3,000,000AED 1,374 per sqft
30 Jan 2020RentedNew contract
AED 115,000/yr12 months · AED 53 per sqft
20 Jan 2019RentedNew contract
AED 160,000/yr12 months · AED 73 per sqft
14 Aug 2017RentedNew contract
AED 170,000/yr12 months · AED 78 per sqft
15 Aug 2016RentedNew contract
AED 195,000/yr12 months · AED 89 per sqft
5 Jul 2014RentedNew contract
AED 184,000/yr12 months · AED 84 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Floor
7th of 9
Parking
EUB8B02C65
Service charge
AED 25,100 /yr
Last sold
AED 3M · December 2022

About 711, Shoreline - Nabat

711 is a three-bedroom apartment of 2,182 sqft on the 7th floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. It last sold on 22 December 2022 for AED 3,000,000, or AED 1,374 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 August 2024, is AED 265,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 25,100 a year.

Sales and rents for 711 over time

Sales
Unit 711, each saleTypical three-bed in Shoreline - Nabat
2M4M2009201320172021Typical sale price by year: 2009 AED 1,539,500; 2010 AED 1,603,000; 2011 AED 2,475,000; 2012 AED 2,885,000; 2013 AED 3,550,000; 2014 AED 4,000,000; 2020 AED 2,000,000; 2023 AED 4,200,000Sold by developer, March 2010: AED 1,385,000 (AED 634 per sqft)Sold, December 2022: AED 3,000,000 (AED 1,374 per sqft)

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

Rents
Unit 711, each contractTypical three-bed in Shoreline - Nabat
100K200K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 173,500; 2014 AED 202,500; 2015 AED 210,000; 2016 AED 210,000; 2017 AED 190,000; 2018 AED 172,000; 2019 AED 160,000; 2020 AED 137,500; 2021 AED 143,750; 2022 AED 161,700; 2023 AED 173,250; 2024 AED 230,000; 2025 AED 239,000New contract, July 2014: AED 184,000 a yearNew contract, August 2016: AED 195,000 a yearNew contract, August 2017: AED 170,000 a yearNew contract, January 2019: AED 160,000 a yearNew contract, January 2020: AED 115,000 a yearNew contract, January 2023: AED 143,750 a yearNew contract, August 2024: AED 265,000 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 - Nabat, and where 711 sits

All 38 3-beds →

Over the last 12 months three-beds sold for AED 5,400,000, around AED 2,429 per sqft, and rent for AED 100,000 to 275,000 a year. 711's AED 265,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Apr 20255,700,000
24 Jun 20244,850,000
11 Jan 20244,300,000
15 Sep 20234,400,000
1 3-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 7th floor

All 119 units in Shoreline - Nabat
Value
7012-bedAED 940K · Jan 2010
7023-bedAED 1.25M · Dec 2009
7033-bedAED 2.25M · Dec 2020
7041-bedAED 2.5M · Feb 2023
7052-bedAED 1.26M · Mar 2010
7062-bedAED 7.5M · Dec 2025
7072-bedAED 6.23M · Oct 2024
1–7 of 11

711, Shoreline - Nabat in numbers

  • Sold twice: first on 7 March 2010 for AED 1,385,000, last on 22 December 2022 for AED 3,000,000 (AED 1,374 per sqft).
  • Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 184,000 to AED 115,000 in 2020 and recovered to AED 265,000 by August 2024.
  • At AED 265,000 a year the gross yield on the 2022 price is 8.8%, before a service charge of about AED 25,100 a year (AED 11.50 per sqft).
  • Three-beds in Shoreline - Nabat sold for AED 5,400,000–5,400,000 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 1 August 2024.

Questions about 711, Shoreline - Nabat

What did unit 711 last sell for?

AED 3,000,000 on 22 December 2022: AED 1,374 per sqft for 2,182 sqft. The unit has 2 registered sales; the first was AED 1,385,000 in March 2010.

What is the rent for unit 711?

AED 265,000 a year on the contract signed on 1 August 2024. The previous contract, from January 2023, was AED 143,750; the unit has been rented since July 2014.

How big is unit 711?

2,182 sqft (202.7 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower.

What is unit 711 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Nabat sold for AED 5,400,000 to 5,400,000 in the last 12 months, around AED 2,429 per sqft.

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Mortgage on 711, Shoreline - Nabat

Starts from the last sale price (AED 3M, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →