2-bed · 1,551 sqftShoreline - Jash Falqa, Palm Jumeirah · 2nd floor · completed 2007

205, Shoreline - Jash Falqa

Sold prices and rental history: sold twice, last in September 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 6 September 2018
Last soldAED 2.65M6 September 2018
Current rentAED 175K /yr1 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Shoreline - Jash Falqa

What is 205 worth today?

Last sold for AED 2,650,000 in 2018

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6 Sep 2018SoldReady
AED 2,650,000AED 1,708 per sqft
1 Oct 2017RentedRenewal
AED 174,999/yr8 months · AED 113 per sqft
1 Oct 2016RentedNew contract
AED 175,000/yr12 months · AED 113 per sqft
20 May 2016RentedRenewal
AED 195,000/yr12 months · AED 126 per sqft
20 May 2015RentedNew contract
AED 195,000/yr12 months · AED 126 per sqft
11 May 2014RentedNew contract
AED 210,000/yr12 months · AED 135 per sqft
2 Oct 2013RentedNew contract
AED 170,000/yr12 months · AED 110 per sqft
23 Apr 2009Sold by developerReady
AED 5,000,000AED 3,224 per sqft

Source: Dubai Land Department. Updated 6 September 2018.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
2nd of 8
Parking
2B2-24
Developer
Nakheel
Completed
2007
Service charge
AED 18,700 /yr
Last sold
AED 2.65M · September 2018

About 205, Shoreline - Jash Falqa

205 is a two-bedroom apartment of 1,551 sqft on the 2nd floor of Shoreline - Jash Falqa, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 6 September 2018 for AED 2,650,000, or AED 1,708 per sqft, 19% above the AED 1,430 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 October 2017, is AED 174,999 a year: a gross yield of 6.6% on the 2018 price, before the service charge of about AED 18,700 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical two-bed in Shoreline - Jash Falqa
2M4M2009201420192024Typical sale price by year: 2009 AED 972,500; 2011 AED 1,550,000; 2013 AED 2,800,000; 2016 AED 3,300,000; 2017 AED 3,300,000; 2018 AED 2,225,000; 2021 AED 2,837,500; 2022 AED 3,625,000; 2023 AED 4,850,000; 2025 AED 4,775,000Sold by developer, April 2009: AED 5,000,000 (AED 3,224 per sqft)Sold, September 2018: AED 2,650,000 (AED 1,708 per sqft)

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

Rents
Unit 205, each contractTypical two-bed in Shoreline - Jash Falqa
150K200K2012201620202024Typical rent by year: 2012 AED 184,590; 2013 AED 170,000; 2014 AED 178,500; 2015 AED 176,000; 2016 AED 178,500; 2017 AED 171,150; 2018 AED 163,750; 2019 AED 145,000; 2020 AED 125,500; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 160,000; 2024 AED 180,000; 2025 AED 205,000; 2026 AED 199,500New contract, October 2013: AED 170,000 a yearNew contract, May 2014: AED 210,000 a yearNew contract, May 2015: AED 195,000 a yearRenewal, May 2016: AED 195,000 a yearNew contract, October 2016: AED 175,000 a yearRenewal, October 2017: AED 174,999 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 - Jash Falqa, and where 205 sits

All 48 2-beds →

205 last sold in September 2018 at AED 1,708 per sqft, 19% above what two-beds in Shoreline - Jash Falqa were fetching at the time (AED 1,430). Over the last 12 months two-beds sold for AED 7,000,000, around AED 3,544 per sqft, and rent for AED 100,000 to 330,000 a year. 205's AED 174,999 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jul 20267,000,000
16 Sep 20253,950,000
26 Jun 20255,600,000
9 Jun 20253,000,000
1 2-bed sale in the last 12 months

Shoreline - Jash Falqa

Building

95 apartments, 1-bed to 4-bed over 8 floors in Palm Jumeirah, completed in 2007 by Nakheel. 5 sold in the last 12 months.

Typical price per sqft
AED 2,933
Typical sale
AED 6.4M
Typical rent
AED 200K /yr
Typical yield
4.3%
Shoreline - Jash Falqa, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 95 units in Shoreline - Jash Falqa
Value
2012-bedAED 1.89M · Apr 2017
2023-bedAED 3.54M · Nov 2022
2033-bedAED 1.25M · Apr 2009
2041-bedAED 3.3M · Sep 2026
2062-bedAED 1.05M · Sep 2009
2072-bedAED 2.87M · Dec 2009
2082-bedAED 870K · Mar 2009
1–7 of 11

205, Shoreline - Jash Falqa in numbers

  • Sold twice: first on 23 April 2009 for AED 5,000,000, last on 6 September 2018 for AED 2,650,000 (AED 1,708 per sqft).
  • Rented since October 2013 on 6 Ejari contracts, from AED 170,000 to AED 174,999 a year.
  • At AED 174,999 a year the gross yield on the 2018 price is 6.6%, before a service charge of about AED 18,700 a year (AED 12.05 per sqft).
  • Two-beds in Shoreline - Jash Falqa sold for AED 7,000,000–7,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,933 per sqft.

Source: Dubai Land Department. Updated 6 September 2018.

Questions about 205, Shoreline - Jash Falqa

What did unit 205 last sell for?

AED 2,650,000 on 6 September 2018: AED 1,708 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 5,000,000 in April 2009.

What is the rent for unit 205?

AED 174,999 a year on the contract renewed on 1 October 2017. The previous contract, from October 2016, was AED 175,000; the unit has been rented since October 2013.

How big is unit 205?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2007.

What is unit 205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Jash Falqa sold for AED 7,000,000 to 7,000,000 in the last 12 months, around AED 3,544 per sqft.

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Mortgage on 205, Shoreline - Jash Falqa

Starts from the last sale price (AED 2.65M, 6 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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