2-bed · 1,583 sqftShoreline - Tamr, Palm Jumeirah · 7th floor · completed 2007

712, Shoreline - Tamr

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 25 June 2023
Last soldAED 825K2 March 2009
Current rentAED 156K /yr25 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Shoreline - Tamr

What is 712 worth today?

Last sold for AED 825,000 in 2009

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25 Jun 2023RentedRenewal
AED 156,000/yr12 months · AED 99 per sqft
11 Jun 2021RentedNew contract
AED 98,000/yr12 months · AED 62 per sqft
1 Dec 2014RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft
1 Dec 2013RentedNew contract
AED 125,000/yr12 months · AED 79 per sqft
1 Dec 2012RentedNew contract
AED 117,600/yr12 months · AED 74 per sqft
2 Mar 2009Sold by developerReady
AED 825,000AED 521 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 June 2023.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
7th of 10
Parking
B2-112
Developer
Nakheel
Completed
2007
Service charge
AED 21,800 /yr
Last sold
AED 825K · March 2009

About 712, Shoreline - Tamr

712 is a two-bedroom apartment of 1,583 sqft on the 7th floor of Shoreline - Tamr, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 2 March 2009 for AED 825,000, or AED 521 per sqft, in line with the AED 513 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 25 June 2023, is AED 156,000 a year: a gross yield of 18.9% on the 2009 price, before the service charge of about AED 21,800 a year.

Sales and rents for 712 over time

Sales
Unit 712, each saleTypical two-bed in Shoreline - Tamr
2M20092013201720212025Typical sale price by year: 2009 AED 815,000; 2010 AED 1,400,000; 2011 AED 1,290,000; 2012 AED 1,410,000; 2014 AED 2,400,000; 2015 AED 2,260,000; 2016 AED 2,000,000; 2017 AED 1,975,000; 2022 AED 2,425,000; 2023 AED 2,387,500; 2024 AED 3,150,000Sold by developer, March 2009: AED 825,000 (AED 521 per sqft)

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

Rents
Unit 712, each contractTypical two-bed in Shoreline - Tamr
100K150K2012201620202024Typical rent by year: 2012 AED 133,125; 2013 AED 125,000; 2014 AED 145,000; 2015 AED 155,000; 2016 AED 152,270; 2017 AED 143,000; 2018 AED 132,500; 2019 AED 117,500; 2020 AED 100,000; 2021 AED 98,000; 2022 AED 116,975; 2023 AED 152,500; 2024 AED 170,000; 2025 AED 176,000New contract, December 2012: AED 117,600 a yearNew contract, December 2013: AED 125,000 a yearNew contract, December 2014: AED 140,000 a yearNew contract, June 2021: AED 98,000 a yearRenewal, June 2023: AED 156,000 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 - Tamr, and where 712 sits

All 39 2-beds →

712 last sold in March 2009 at AED 521 per sqft, in line with what two-beds in Shoreline - Tamr were fetching at the time (AED 513). Over the last 12 months two-beds sold for AED 3,800,000, around AED 2,450 per sqft, and rent for AED 175,000 to 225,000 a year. 712's AED 156,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Apr 20253,560,000
17 Feb 20254,700,000
16 Dec 20243,200,000
26 Nov 20243,500,000
1 2-bed sale in the last 12 months

Shoreline - Tamr

Building

84 apartments, 1-bed to 4-bed over 10 floors in Palm Jumeirah, completed in 2007 by Nakheel. 4 sold in the last 12 months.

Typical price per sqft
AED 2,447
Typical sale
AED 4.4M
Typical rent
AED 175K /yr
Typical yield
5.1%
Shoreline - Tamr, Palm Jumeirah: prices, sales and rents →

Other units on the 7th floor

All 84 units in Shoreline - Tamr
Value
7033-bedAED 1.18M · Apr 2009
7052-bedAED 2.17M · Aug 2022
7062-bedNo registered sale
7072-bedAED 2.45M · Dec 2022
7091-bedAED 1.05M · Jul 2019
7103-bedAED 1.93M · Nov 2020
7113-bedAED 1.18M · Mar 2009

712, Shoreline - Tamr in numbers

  • Sold once: by Nakheel on 2 March 2009 for AED 825,000, or AED 521 per sqft.
  • Rented since December 2012 on 5 Ejari contracts. The rent fell from AED 117,600 to AED 98,000 in 2021 and recovered to AED 156,000 by June 2023.
  • At AED 156,000 a year the gross yield on the 2009 price is 18.9%, before a service charge of about AED 21,800 a year (AED 13.76 per sqft).
  • Two-beds in Shoreline - Tamr sold for AED 3,800,000–3,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,447 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 June 2023.

Questions about 712, Shoreline - Tamr

What did unit 712 last sell for?

AED 825,000 on 2 March 2009, sold by the developer: AED 521 per sqft for 1,583 sqft. It is the only registered sale of the unit.

What is the rent for unit 712?

AED 156,000 a year on the contract renewed on 25 June 2023. The previous contract, from June 2021, was AED 98,000; the unit has been rented since December 2012.

How big is unit 712?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2007.

What is unit 712 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Tamr sold for AED 3,800,000 to 3,800,000 in the last 12 months, around AED 2,450 per sqft.

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Mortgage on 712, Shoreline - Tamr

Starts from the last sale price (AED 825K, 2 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

Plus AED 39,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →