3-bed · 2,159 sqftShoreline - Al Khudrawi, Palm Jumeirah · 7th floor · completed 2007

703, Shoreline - Al Khudrawi

Sold prices and rental history: sold 4 times, last in February 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 6 February 2017
Last soldAED 3.18M6 February 2017
Current rentAED 200K /yr1 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Shoreline - Al Khudrawi

What is 703 worth today?

Last sold for AED 3,175,000 in 2017

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6 Feb 2017SoldReady
AED 3,175,000AED 1,470 per sqft
1 May 2015RentedRenewal
AED 199,512/yr2 months · AED 92 per sqft
1 May 2014RentedNew contract
AED 185,000/yr12 months · AED 86 per sqft
29 Sep 2013SoldReady
AED 3,500,000AED 1,621 per sqft
1 May 2013RentedNew contract
AED 185,000/yr12 months · AED 86 per sqft
24 Nov 2010SoldReady
AED 2,600,000AED 1,204 per sqft
4 Mar 2009Sold by developerReady
AED 1,092,814AED 506 per sqft

Source: Dubai Land Department. Updated 6 February 2017.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
7th of 10
Parking
2B2-107,2B2-108
Developer
Nakheel
Completed
2007
Service charge
AED 25,300 /yr
Last sold
AED 3.18M · February 2017

About 703, Shoreline - Al Khudrawi

703 is a three-bedroom apartment of 2,159 sqft on the 7th floor of Shoreline - Al Khudrawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 6 February 2017 for AED 3,175,000, or AED 1,470 per sqft, in line with the AED 1,470 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 1 May 2015, is AED 199,512 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 25,300 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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 1,092,814 (AED 506 per sqft)Sold, November 2010: AED 2,600,000 (AED 1,204 per sqft)Sold, September 2013: AED 3,500,000 (AED 1,621 per sqft)Sold, February 2017: AED 3,175,000 (AED 1,470 per sqft)

703 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 703, 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 2013: AED 185,000 a yearNew contract, May 2014: AED 185,000 a yearRenewal, May 2015: AED 199,512 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 703 sits

All 43 3-beds →

703 last sold in February 2017 at AED 1,470 per sqft, in line with what three-beds in Shoreline - Al Khudrawi were fetching at the time (AED 1,470). 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. 703's AED 199,512 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 7th floor

All 119 units in Shoreline - Al Khudrawi
Value
7012-bedAED 853K · Mar 2009
7023-bedAED 2.85M · May 2022
7041-bedAED 1.72M · Feb 2013
7052-bedAED 2.88M · May 2017
7062-bedAED 2.65M · Aug 2020
7072-bedAED 6.1M · Apr 2025
7082-bedAED 3.8M · Feb 2023
1–7 of 11

703, Shoreline - Al Khudrawi in numbers

  • Sold 4 times: first on 4 March 2009 for AED 1,092,814, last on 6 February 2017 for AED 3,175,000 (AED 1,470 per sqft).
  • Rented since May 2013 on 3 Ejari contracts, from AED 185,000 to AED 199,512 a year.
  • At AED 199,512 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 25,300 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 6 February 2017.

Questions about 703, Shoreline - Al Khudrawi

What did unit 703 last sell for?

AED 3,175,000 on 6 February 2017: AED 1,470 per sqft for 2,159 sqft. The unit has 4 registered sales; the first was AED 1,092,814 in March 2009.

What is the rent for unit 703?

AED 199,512 a year on the contract renewed on 1 May 2015. The previous contract, from May 2014, was AED 185,000; the unit has been rented since May 2013.

How big is unit 703?

2,159 sqft (200.6 sqm): a three-bedroom apartment on the 7th floor of a 10-storey tower completed in 2007.

What is unit 703 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 703, Shoreline - Al Khudrawi

Starts from the last sale price (AED 3.18M, 6 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,175,000
Deposit, UAE resident (20%)
AED 635,000
Deposit, non-resident (40%)
AED 1,270,000
Monthly over 25 years at 3.7%
AED 12,990

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