2-bed · 1,997 sqftShoreline - Al Khudrawi, Palm Jumeirah · 3rd floor · completed 2007

306, Shoreline - Al Khudrawi

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

Unit 306 · DLD and Ejari recordsUpdated 18 January 2023
Last soldAED 1.12M19 April 2009
Current rentAED 235K /yr18 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Shoreline - Al Khudrawi

What is 306 worth today?

Last sold for AED 1,115,718 in 2009

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18 Jan 2023RentedNew contract
AED 235,000/yr12 months · AED 117 per sqft
1 Feb 2021RentedNew contract
AED 140,000/yr12 months · AED 70 per sqft
24 Dec 2019RentedRenewal
AED 140,000/yr12 months · AED 70 per sqft
26 Dec 2018RentedRenewal
AED 165,922/yr12 months · AED 83 per sqft
26 Dec 2017RentedNew contract
AED 165,000/yr12 months · AED 82 per sqft
1 Jul 2016RentedNew contract
AED 185,000/yr12 months · AED 92 per sqft
15 Jul 2015RentedRenewal
AED 183,750/yr12 months · AED 92 per sqft
15 Jul 2014RentedNew contract
AED 183,750/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 18 January 2023.

Key facts

Type
2-bed apartment
Size
1,997 sqft
Floor
3rd of 10
Parking
2B2-45
Developer
Nakheel
Completed
2007
Service charge
AED 23,400 /yr
Last sold
AED 1.12M · April 2009

About 306, Shoreline - Al Khudrawi

306 is a two-bedroom apartment of 1,997 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 19 April 2009 for AED 1,115,718, or AED 558 per sqft, in line with the AED 559 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 18 January 2023, is AED 235,000 a year: a gross yield of 21.1% on the 2009 price, before the service charge of about AED 23,400 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical two-bed in Shoreline - Al Khudrawi
2.5M5M2009201420192024Typical 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 2009: AED 1,115,718 (AED 558 per sqft)

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

Rents
Unit 306, each contractTypical two-bed in Shoreline - Al Khudrawi
100K200K2012201620202024Typical 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, July 2013: AED 175,000 a yearNew contract, July 2014: AED 183,750 a yearRenewal, July 2015: AED 183,750 a yearNew contract, July 2016: AED 185,000 a yearNew contract, December 2017: AED 165,000 a yearRenewal, December 2018: AED 165,922 a yearRenewal, December 2019: AED 140,000 a yearNew contract, February 2021: AED 140,000 a yearNew contract, January 2023: AED 235,000 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 - Al Khudrawi, and where 306 sits

All 60 2-beds →

306 last sold in April 2009 at AED 558 per sqft, in line with what two-beds in Shoreline - Al Khudrawi were fetching at the time (AED 559). 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. 306's AED 235,000 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 →

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
3041-bedAED 643K · Mar 2009
3052-bedAED 859K · Apr 2009
3072-bedAED 5.82M · Jul 2026
3082-bedAED 1.35M · Mar 2009
1–7 of 11

306, Shoreline - Al Khudrawi in numbers

  • Sold once: by Nakheel on 19 April 2009 for AED 1,115,718, or AED 558 per sqft.
  • Rented since July 2013 on 9 Ejari contracts. The rent fell from AED 175,000 to AED 140,000 in 2021 and recovered to AED 235,000 by January 2023.
  • At AED 235,000 a year the gross yield on the 2009 price is 21.1%, before a service charge of about AED 23,400 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 18 January 2023.

Questions about 306, Shoreline - Al Khudrawi

What did unit 306 last sell for?

AED 1,115,718 on 19 April 2009, sold by the developer: AED 558 per sqft for 1,997 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 235,000 a year on the contract signed on 18 January 2023. The previous contract, from February 2021, was AED 140,000; the unit has been rented since July 2013.

How big is unit 306?

1,997 sqft (185.5 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2007.

What is unit 306 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 306, Shoreline - Al Khudrawi

Starts from the last sale price (AED 1.12M, 19 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,115,718
Deposit, UAE resident (20%)
AED 223,144
Deposit, non-resident (40%)
AED 446,287
Monthly over 25 years at 3.7%
AED 4,565

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