3-bed · 2,144 sqftShoreline - Al Khudrawi, Palm Jumeirah · completed 2007

1103, Shoreline - Al Khudrawi

Sold prices and rental history: sold 3 times, last in November 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 22 November 2018
Last soldAED 3M22 November 2018
Current rentAED 215K /yr15 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Shoreline - Al Khudrawi

What is 1103 worth today?

Last sold for AED 3,000,000 in 2018

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22 Nov 2018SoldReady
AED 3,000,000AED 1,399 per sqft
8 Nov 2018SoldReady
AED 2,572,227AED 1,199 per sqft
7 Nov 2018Sold by developerReady
AED 643,056AED 300 per sqft
15 Aug 2017RentedRenewal
AED 215,000/yr12 months · AED 100 per sqft
15 Aug 2016RentedNew contract
AED 215,000/yr12 months · AED 100 per sqft
15 Aug 2015RentedNew contract
AED 240,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 22 November 2018.

Key facts

Type
3-bed apartment
Size
2,144 sqft
Parking
2B1-12,2B1-13
Developer
Nakheel
Completed
2007
Service charge
AED 25,100 /yr
Last sold
AED 3M · November 2018

About 1103, Shoreline - Al Khudrawi

1103 is a three-bedroom apartment of 2,144 sqft of Shoreline - Al Khudrawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 22 November 2018 for AED 3,000,000, or AED 1,399 per sqft, 17% above the AED 1,199 three-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 15 August 2017, is AED 215,000 a year: a gross yield of 7.2% on the 2018 price, before the service charge of about AED 25,100 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, 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, November 2018: AED 3,000,000 (AED 1,399 per sqft)Sold, November 2018: AED 2,572,227 (AED 1,199 per sqft)Sold by developer, November 2018: AED 643,056 (AED 300 per sqft)

1103 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1103, each contractTypical three-bed in Shoreline - Al Khudrawi
150K200K250K2013201720212025Typical 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, August 2015: AED 240,000 a yearNew contract, August 2016: AED 215,000 a yearRenewal, August 2017: AED 215,000 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 - Al Khudrawi, and where 1103 sits

All 43 3-beds →

1103 last sold in November 2018 at AED 1,399 per sqft, 17% above what three-beds in Shoreline - Al Khudrawi were fetching at the time (AED 1,199). 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. 1103's AED 215,000 is in the lower half 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 →

1103, Shoreline - Al Khudrawi in numbers

  • Sold 3 times: first on 7 November 2018 for AED 643,056, last on 22 November 2018 for AED 3,000,000 (AED 1,399 per sqft).
  • Rented since August 2015 on 3 Ejari contracts, from AED 240,000 to AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2018 price is 7.2%, 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 22 November 2018.

Questions about 1103, Shoreline - Al Khudrawi

What did unit 1103 last sell for?

AED 3,000,000 on 22 November 2018: AED 1,399 per sqft for 2,144 sqft. The unit has 3 registered sales; the first was AED 643,056 in November 2018.

What is the rent for unit 1103?

AED 215,000 a year on the contract renewed on 15 August 2017. The previous contract, from August 2016, was AED 215,000; the unit has been rented since August 2015.

How big is unit 1103?

2,144 sqft (199.2 sqm): a three-bedroom apartment of a 10-storey tower completed in 2007.

What is unit 1103 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.

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Mortgage on 1103, Shoreline - Al Khudrawi

Starts from the last sale price (AED 3M, 22 November 2018). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →