2-bed · 775 sqftShoreline - Al Khudrawi, Palm Jumeirah · completed 2007

1108, Shoreline - Al Khudrawi

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 1M9 October 2024
Current rentAED 200K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Shoreline - Al Khudrawi

What is 1108 worth today?

Last sold for AED 1,000,000 in 2024

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9 Oct 2024SoldReady
AED 1,000,000AED 1,289 per sqft
15 Aug 2024RentedRenewal
AED 199,500/yr12 months · AED 129 per sqft
15 Aug 2023RentedRenewal
AED 190,000/yr12 months · AED 123 per sqft
15 Aug 2022RentedNew contract
AED 190,000/yr12 months · AED 123 per sqft
15 Aug 2021RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
15 Sep 2020RentedRenewal
AED 130,000/yr11 months · AED 84 per sqft
15 Sep 2019RentedNew contract
AED 145,000/yr12 months · AED 94 per sqft
20 Jul 2018RentedNew contract
AED 168,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
2-bed apartment
Size
775 sqft
Parking
2B1-66
Developer
Nakheel
Completed
2007
Service charge
AED 9,100 /yr
Last sold
AED 1M · October 2024

About 1108, Shoreline - Al Khudrawi

1108 is a two-bedroom apartment of 775 sqft of Shoreline - Al Khudrawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 9 October 2024 for AED 1,000,000, or AED 1,289 per sqft.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 199,500 a year: a gross yield of 20.0% on the 2024 price, before the service charge of about AED 9,100 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical two-bed in Shoreline - Al Khudrawi
02.5M5M2009201420192024Typical sale price by year: 2009 AED 1,114,983; 2011 AED 1,550,000; 2012 AED 2,500,000; 2013 AED 2,600,000; 2014 AED 2,842,500; 2015 AED 2,025,000; 2016 AED 3,100,000; 2017 AED 2,875,000; 2018 AED 2,298,188; 2019 AED 3,022,442; 2020 AED 2,450,000; 2021 AED 1,800,000; 2022 AED 2,693,750; 2023 AED 2,889,000; 2025 AED 5,762,500; 2026 AED 3,850,000Sold by developer, April 2015: AED 858,516 (AED 553 per sqft)Sold, October 2024: AED 1,000,000 (AED 1,289 per sqft)

1108 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1108, each contractTypical two-bed in Shoreline - Al Khudrawi
150K200K2012201620202024Typical rent by year: 2012 AED 145,000; 2013 AED 160,000; 2014 AED 175,500; 2015 AED 183,750; 2016 AED 175,000; 2017 AED 160,000; 2018 AED 155,000; 2019 AED 130,000; 2020 AED 124,000; 2021 AED 120,000; 2022 AED 135,000; 2023 AED 159,600; 2024 AED 180,000; 2025 AED 180,000; 2026 AED 183,750New contract, June 2015: AED 195,000 a yearRenewal, June 2016: AED 195,000 a yearRenewal, June 2017: AED 195,000 a yearNew contract, July 2018: AED 168,000 a yearNew contract, September 2019: AED 145,000 a yearRenewal, September 2020: AED 130,000 a yearRenewal, August 2021: AED 130,000 a yearNew contract, August 2022: AED 190,000 a yearRenewal, August 2023: AED 190,000 a yearRenewal, August 2024: AED 199,500 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 - Al Khudrawi, and where 1108 sits

All 60 2-beds →

Over the last 12 months two-beds sold for AED 3,330,000 to 5,818,578, around AED 2,673 per sqft, and rent for AED 110,000 to 260,000 a year. 1108's AED 199,500 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Sep 20263,850,000
20 Jul 20265,818,578
5 Jun 20263,330,000
16 Dec 20255,725,000
4 2-bed sales 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 →

1108, Shoreline - Al Khudrawi in numbers

  • Sold twice: first on 16 April 2015 for AED 858,516, last on 9 October 2024 for AED 1,000,000 (AED 1,289 per sqft).
  • Rented since June 2015 on 10 Ejari contracts. The rent fell from AED 195,000 to AED 130,000 in 2021 and recovered to AED 199,500 by August 2024.
  • At AED 199,500 a year the gross yield on the 2024 price is 20.0%, before a service charge of about AED 9,100 a year (AED 11.73 per sqft).
  • Two-beds in Shoreline - Al Khudrawi sold for AED 3,330,000–5,818,578 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 9 October 2024.

Questions about 1108, Shoreline - Al Khudrawi

What did unit 1108 last sell for?

AED 1,000,000 on 9 October 2024: AED 1,289 per sqft for 775 sqft. The unit has 2 registered sales; the first was AED 858,516 in April 2015.

What is the rent for unit 1108?

AED 199,500 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 190,000; the unit has been rented since June 2015.

How big is unit 1108?

775 sqft (72.0 sqm): a two-bedroom apartment of a 10-storey tower completed in 2007.

What is unit 1108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Al Khudrawi sold for AED 3,330,000 to 5,818,578 in the last 12 months, around AED 2,673 per sqft.

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Mortgage on 1108, Shoreline - Al Khudrawi

Starts from the last sale price (AED 1M, 9 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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