1-bed · 1,145 sqftShoreline - Jash Falqa, Palm Jumeirah · 3rd floor · completed 2007

309, Shoreline - Jash Falqa

Sold prices and rental history: sold 5 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 28 May 2024
Last soldAED 3.08M28 May 2024
Current rentAED 130K /yr5 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Shoreline - Jash Falqa

What is 309 worth today?

Last sold for AED 3,075,000 in 2024

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28 May 2024SoldReady
AED 3,075,000AED 2,686 per sqft
27 Sep 2021SoldReady
AED 1,925,000AED 1,681 per sqft
10 Jun 2019SoldReady
AED 1,550,000AED 1,354 per sqft
5 May 2018RentedRenewal
AED 130,000/yr12 months · AED 114 per sqft
5 May 2017RentedRenewal
AED 130,000/yr12 months · AED 114 per sqft
5 May 2016RentedNew contract
AED 130,000/yr12 months · AED 114 per sqft
16 Jun 2014RentedNew contract
AED 130,350/yr12 months · AED 114 per sqft
5 Jul 2013RentedNew contract
AED 94,500/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 28 May 2024.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
3rd of 8
Parking
2B2-54
Developer
Nakheel
Completed
2007
Service charge
AED 13,800 /yr
Last sold
AED 3.08M · May 2024

About 309, Shoreline - Jash Falqa

309 is a one-bedroom apartment of 1,145 sqft on the 3rd floor of Shoreline - Jash Falqa, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 28 May 2024 for AED 3,075,000, or AED 2,686 per sqft, 21% above the AED 2,223 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 5 May 2018, is AED 130,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 13,800 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Shoreline - Jash Falqa
1M2M3M2009201320172021Typical sale price by year: 2009 AED 942,500; 2012 AED 1,750,000; 2015 AED 1,921,250; 2016 AED 1,200,000; 2019 AED 1,550,000; 2021 AED 1,925,000Sold by developer, April 2009: AED 2,600,000 (AED 2,271 per sqft)Sold, June 2011: AED 1,550,000 (AED 1,354 per sqft)Sold, June 2019: AED 1,550,000 (AED 1,354 per sqft)Sold, September 2021: AED 1,925,000 (AED 1,681 per sqft)Sold, May 2024: AED 3,075,000 (AED 2,686 per sqft)

309 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 309, each contractTypical one-bed in Shoreline - Jash Falqa
100K150K2013201720212025Typical rent by year: 2013 AED 122,500; 2014 AED 132,000; 2015 AED 137,500; 2016 AED 140,000; 2017 AED 133,500; 2018 AED 127,000; 2019 AED 107,500; 2020 AED 95,000; 2021 AED 110,000; 2022 AED 105,000; 2023 AED 117,500; 2024 AED 165,000; 2025 AED 165,000; 2026 AED 152,500New contract, July 2013: AED 94,500 a yearNew contract, June 2014: AED 130,350 a yearNew contract, May 2016: AED 130,000 a yearRenewal, May 2017: AED 130,000 a yearRenewal, May 2018: AED 130,000 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 - Jash Falqa, and where 309 sits

All 20 1-beds →

309 last sold in May 2024 at AED 2,686 per sqft, 21% above what one-beds in Shoreline - Jash Falqa were fetching at the time (AED 2,223). Over the last 12 months one-beds sold for AED 3,300,000, around AED 2,883 per sqft, and rent for AED 100,000 to 175,000 a year. 309's AED 130,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Sep 20263,300,000
17 Jul 20253,750,000
16 May 20242,545,000
2 Nov 20231,000,000
1 1-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
3072-bedAED 1.05M · Jul 2009
1–7 of 11

309, Shoreline - Jash Falqa in numbers

  • Sold 5 times: first on 28 April 2009 for AED 2,600,000, last on 28 May 2024 for AED 3,075,000 (AED 2,686 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 94,500 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 13,800 a year (AED 12.05 per sqft).
  • One-beds in Shoreline - Jash Falqa sold for AED 3,300,000–3,300,000 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 28 May 2024.

Questions about 309, Shoreline - Jash Falqa

What did unit 309 last sell for?

AED 3,075,000 on 28 May 2024: AED 2,686 per sqft for 1,145 sqft. The unit has 5 registered sales; the first was AED 2,600,000 in April 2009.

What is the rent for unit 309?

AED 130,000 a year on the contract renewed on 5 May 2018. The previous contract, from May 2017, was AED 130,000; the unit has been rented since July 2013.

How big is unit 309?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2007.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shoreline - Jash Falqa sold for AED 3,300,000 to 3,300,000 in the last 12 months, around AED 2,883 per sqft.

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Mortgage on 309, Shoreline - Jash Falqa

Starts from the last sale price (AED 3.08M, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,075,000
Deposit, UAE resident (20%)
AED 615,000
Deposit, non-resident (40%)
AED 1,230,000
Monthly over 25 years at 3.7%
AED 12,581

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