3-bed · 2,140 sqftShoreline - Al Khudrawi, Palm Jumeirah · 10th floor · completed 2007

1003, Shoreline - Al Khudrawi

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 1.19M4 March 2009
Current rentAED 160K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Shoreline - Al Khudrawi

What is 1003 worth today?

Last sold for AED 1,185,934 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Jun 2024RentedRenewal
AED 159,557/yr12 months · AED 75 per sqft
15 Jun 2024RentedRenewal
AED 159,557/yr12 months · AED 75 per sqft
16 Jun 2022RentedNew contract
AED 160,000/yr12 months · AED 75 per sqft
16 Jun 2021RentedNew contract
AED 150,000/yr12 months · AED 70 per sqft
15 Jul 2020RentedNew contract
AED 130,000/yr12 months · AED 61 per sqft
10 Jun 2018RentedRenewal
AED 176,423/yr12 months · AED 82 per sqft
10 Jun 2017RentedNew contract
AED 175,000/yr12 months · AED 82 per sqft
1 May 2016RentedNew contract
AED 185,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
3-bed apartment
Size
2,140 sqft
Floor
10th of 10
Parking
2B2-43,2B2-44
Developer
Nakheel
Completed
2007
Service charge
AED 25,100 /yr
Last sold
AED 1.19M · March 2009

About 1003, Shoreline - Al Khudrawi

1003 is a three-bedroom apartment of 2,140 sqft on the 10th floor of Shoreline - Al Khudrawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 4 March 2009 for AED 1,185,934, or AED 554 per sqft, in line with the AED 554 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 159,557 a year: a gross yield of 13.5% on the 2009 price, before the service charge of about AED 25,100 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical three-bed in Shoreline - Al Khudrawi
2M4M2009201320172021Typical sale price by year: 2009 AED 1,226,680; 2010 AED 1,913,380; 2011 AED 2,150,000; 2012 AED 1,688,380; 2013 AED 1,625,000; 2018 AED 2,572,227; 2022 AED 3,600,000Sold by developer, March 2009: AED 1,185,934 (AED 554 per sqft)

1003 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1003, each contractTypical three-bed in Shoreline - Al Khudrawi
150K200K2013201720212025Typical rent by year: 2013 AED 180,000; 2014 AED 200,000; 2015 AED 197,256; 2016 AED 195,000; 2017 AED 182,787; 2018 AED 168,000; 2019 AED 148,000; 2020 AED 130,000; 2021 AED 140,000; 2022 AED 154,000; 2023 AED 187,500; 2024 AED 224,750; 2025 AED 225,000; 2026 AED 230,000New contract, May 2016: AED 185,000 a yearNew contract, June 2017: AED 175,000 a yearRenewal, June 2018: AED 176,423 a yearNew contract, July 2020: AED 130,000 a yearNew contract, June 2021: AED 150,000 a yearNew contract, June 2022: AED 160,000 a yearRenewal, June 2024: AED 159,557 a yearRenewal, June 2024: AED 159,557 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 - Al Khudrawi, and where 1003 sits

All 43 3-beds →

1003 last sold in March 2009 at AED 554 per sqft, in line with what three-beds in Shoreline - Al Khudrawi were fetching at the time (AED 554). Over the last 12 months three-beds sold for AED 4,400,000, around AED 2,016 per sqft, and rent for AED 200,000 to 350,000 a year. 1003's AED 159,557 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Jan 20264,400,000
22 May 20254,140,000
8 Apr 20254,250,000
12 Nov 20243,900,000
1 3-bed sale in the last 12 months

Shoreline - Al Khudrawi

Building

119 apartments, 1-bed to 4-bed over 10 floors in Palm Jumeirah, completed in 2007 by Nakheel. 6 sold in the last 12 months.

Typical price per sqft
AED 2,266
Typical sale
AED 5.06M
Typical rent
AED 185K /yr
Typical yield
5.2%
Shoreline - Al Khudrawi, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 119 units in Shoreline - Al Khudrawi
Value
10012-bedAED 2.25M · Feb 2023
10023-bedAED 3.9M · Nov 2024
10041-bedAED 2M · Jun 2021
10052-bedAED 2M · Apr 2009
10062-bedAED 1.12M · Apr 2009
10072-bedAED 3.5M · Dec 2012
10082-bedAED 858K · Mar 2009
1–7 of 11

1003, Shoreline - Al Khudrawi in numbers

  • Sold once: by Nakheel on 4 March 2009 for AED 1,185,934, or AED 554 per sqft.
  • Rented since May 2016 on 8 Ejari contracts. The rent fell from AED 185,000 to AED 130,000 in 2020 and recovered to AED 159,557 by June 2024.
  • At AED 159,557 a year the gross yield on the 2009 price is 13.5%, before a service charge of about AED 25,100 a year (AED 11.73 per sqft).
  • Three-beds in Shoreline - Al Khudrawi sold for AED 4,400,000–4,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,266 per sqft.

Source: Dubai Land Department. Updated 15 June 2024.

Questions about 1003, Shoreline - Al Khudrawi

What did unit 1003 last sell for?

AED 1,185,934 on 4 March 2009, sold by the developer: AED 554 per sqft for 2,140 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 159,557 a year on the contract renewed on 15 June 2024. The previous contract, from June 2024, was AED 159,557; the unit has been rented since May 2016.

How big is unit 1003?

2,140 sqft (198.8 sqm): a three-bedroom apartment on the 10th floor of a 10-storey tower completed in 2007.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Al Khudrawi sold for AED 4,400,000 to 4,400,000 in the last 12 months, around AED 2,016 per sqft.

Selling 1003? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1003, Shoreline - Al Khudrawi

Starts from the last sale price (AED 1.19M, 4 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,185,934
Deposit, UAE resident (20%)
AED 237,187
Deposit, non-resident (40%)
AED 474,374
Monthly over 25 years at 3.7%
AED 4,852

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →