2-bed · 1,997 sqftShoreline - Jash Falqa, Palm Jumeirah · 3rd floor · completed 2007

307, Shoreline - Jash Falqa

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.05M27 July 2009
Current rentAED 250K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Shoreline - Jash Falqa

What is 307 worth today?

Last sold for AED 1,050,000 in 2009

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1 Oct 2024RentedNew contract
AED 250,000/yr12 months · AED 125 per sqft
15 Dec 2022RentedRenewal
AED 132,000/yr12 months · AED 66 per sqft
15 Dec 2021RentedRenewal
AED 120,000/yr12 months · AED 60 per sqft
15 Dec 2020RentedRenewal
AED 120,000/yr12 months · AED 60 per sqft
15 Dec 2019RentedNew contract
AED 140,000/yr12 months · AED 70 per sqft
27 Jul 2009Sold by developerReady
AED 1,050,000AED 525 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,997 sqft
Floor
3rd of 8
Parking
2B2-52
Developer
Nakheel
Completed
2007
Service charge
AED 24,100 /yr
Last sold
AED 1.05M · July 2009

About 307, Shoreline - Jash Falqa

307 is a two-bedroom apartment of 1,997 sqft on the 3rd floor of Shoreline - Jash Falqa, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 27 July 2009 for AED 1,050,000, or AED 525 per sqft, 8% below the AED 569 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 October 2024, is AED 250,000 a year: a gross yield of 23.8% on the 2009 price, before the service charge of about AED 24,100 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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, July 2009: AED 1,050,000 (AED 525 per sqft)

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

Rents
Unit 307, each contractTypical two-bed in Shoreline - Jash Falqa
100K200K2012201620202024Typical 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, December 2019: AED 140,000 a yearRenewal, December 2020: AED 120,000 a yearRenewal, December 2021: AED 120,000 a yearRenewal, December 2022: AED 132,000 a yearNew contract, October 2024: AED 250,000 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 - Jash Falqa, and where 307 sits

All 48 2-beds →

307 last sold in July 2009 at AED 525 per sqft, 8% below what two-beds in Shoreline - Jash Falqa were fetching at the time (AED 569). 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. 307's AED 250,000 is in the upper 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 3rd floor

All 95 units in Shoreline - Jash Falqa
Value
3012-bedAED 1.9M · Sep 2017
3023-bedAED 1.5M · Jun 2011
3033-bedAED 3M · Apr 2009
3041-bedAED 1.5M · Oct 2019
3052-bedAED 6M · Jan 2025
3062-bedAED 6.43M · Dec 2024
3082-bedAED 870K · Mar 2009
1–7 of 11

307, Shoreline - Jash Falqa in numbers

  • Sold once: by Nakheel on 27 July 2009 for AED 1,050,000, or AED 525 per sqft.
  • Rented since December 2019 on 5 Ejari contracts. The rent fell from AED 140,000 to AED 120,000 in 2021 and recovered to AED 250,000 by October 2024.
  • At AED 250,000 a year the gross yield on the 2009 price is 23.8%, before a service charge of about AED 24,100 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 1 October 2024.

Questions about 307, Shoreline - Jash Falqa

What did unit 307 last sell for?

AED 1,050,000 on 27 July 2009, sold by the developer: AED 525 per sqft for 1,997 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 250,000 a year on the contract signed on 1 October 2024. The previous contract, from December 2022, was AED 132,000; the unit has been rented since December 2019.

How big is unit 307?

1,997 sqft (185.5 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2007.

What is unit 307 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 307, Shoreline - Jash Falqa

Starts from the last sale price (AED 1.05M, 27 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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