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1-bed · 1,145 sqftShoreline - Al Khudrawi, Palm Jumeirah · 3rd floor · completed 2007

304, Shoreline - Al Khudrawi

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 30 March 2018
Last soldAED 643K4 March 2009
Current rentAED 120K /yr30 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Shoreline - Al Khudrawi

What is 304 worth today?

Last sold for AED 642,594 in 2009

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30 Mar 2018RentedRenewal
AED 120,000/yr6 months · AED 105 per sqft
30 Mar 2017RentedRenewal
AED 120,000/yr12 months · AED 105 per sqft
15 Mar 2015RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
15 Mar 2014RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
1 Feb 2013RentedNew contract
AED 52,500/yr6 months · AED 46 per sqft
4 Mar 2009Sold by developerReady
AED 642,594AED 561 per sqft

Source: Dubai Land Department. Updated 30 March 2018.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
3rd of 10
Parking
2B2-38
Developer
Nakheel
Completed
2007
Service charge
AED 13,400 /yr
Last sold
AED 643K · March 2009
Building
Shoreline - Al Khudrawi

About 304, Shoreline - Al Khudrawi

304 is a one-bedroom apartment of 1,145 sqft on the 3rd 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 642,594, or AED 561 per sqft, in line with the AED 561 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 30 March 2018, is AED 120,000 a year: a gross yield of 18.7% on the 2009 price, before the service charge of about AED 13,400 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Shoreline - Al Khudrawi
2M20092013201720212025Typical sale price by year: 2009 AED 642,594; 2011 AED 1,700,000; 2014 AED 2,000,000; 2015 AED 1,580,000; 2016 AED 2,081,000; 2017 AED 2,100,000; 2021 AED 2,087,500; 2023 AED 2,325,000; 2024 AED 2,900,000Sold by developer, March 2009: AED 642,594 (AED 561 per sqft)

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

Rents
Unit 304, each contractTypical one-bed in Shoreline - Al Khudrawi
50K100K150K2013201720212025Typical rent by year: 2013 AED 110,000; 2014 AED 135,000; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 114,800; 2019 AED 110,000; 2020 AED 88,000; 2021 AED 105,000; 2022 AED 112,502; 2023 AED 120,000; 2024 AED 150,000; 2025 AED 162,050; 2026 AED 150,209New contract, February 2013: AED 52,500 a yearNew contract, March 2014: AED 125,000 a yearNew contract, March 2015: AED 125,000 a yearRenewal, March 2017: AED 120,000 a yearRenewal, March 2018: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Al Khudrawi, and where 304 sits

All 24 1-beds →

304 last sold in March 2009 at AED 561 per sqft, in line with what one-beds in Shoreline - Al Khudrawi were fetching at the time (AED 561). 304's AED 120,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Aug 20253,800,000
19 Aug 20242,000,000
27 Jun 20243,700,000
22 Feb 20242,900,000
0 1-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 →

Other units on the 3rd floor

All 119 units in Shoreline - Al Khudrawi
Value
3012-bedAED 3.33M · Jun 2026
3023-bedAED 2M · Apr 2009
3033-bedAED 1.19M · Mar 2009
3052-bedAED 859K · Apr 2009
3062-bedAED 1.12M · Apr 2009
3072-bedAED 5.82M · Jul 2026
3082-bedAED 1.35M · Mar 2009
1–7 of 11

304, Shoreline - Al Khudrawi in numbers

  • Sold once: by Nakheel on 4 March 2009 for AED 642,594, or AED 561 per sqft.
  • Rented since February 2013 on 5 Ejari contracts, from AED 52,500 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2009 price is 18.7%, before a service charge of about AED 13,400 a year (AED 11.73 per sqft).

Source: Dubai Land Department. Updated 30 March 2018.

Questions about 304, Shoreline - Al Khudrawi

What did unit 304 last sell for?

AED 642,594 on 4 March 2009, sold by the developer: AED 561 per sqft for 1,145 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 120,000 a year on the contract renewed on 30 March 2018. The previous contract, from March 2017, was AED 120,000; the unit has been rented since February 2013.

How big is unit 304?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2007.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 304, Shoreline - Al Khudrawi

Starts from the last sale price (AED 643K, 4 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 642,594
Deposit, UAE resident (20%)
AED 128,519
Deposit, non-resident (40%)
AED 257,038
Monthly over 25 years at 3.7%
AED 2,629

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