3-bed · 2,159 sqftShoreline - Jash Falqa, Palm Jumeirah · 4th floor · completed 2007

403, Shoreline - Jash Falqa

Sold prices and rental history: sold twice, last in September 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 30 May 2019
Last soldAED 3.23M29 September 2016
Current rentAED 140K /yr30 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Shoreline - Jash Falqa

What is 403 worth today?

Last sold for AED 3,230,000 in 2016

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30 May 2019RentedNew contract
AED 140,000/yr12 months · AED 65 per sqft
19 Dec 2016RentedNew contract
AED 176,211/yr3 months · AED 81 per sqft
29 Sep 2016SoldReady
AED 3,230,000AED 1,496 per sqft
15 Jul 2015RentedRenewal
AED 235,000/yr12 months · AED 109 per sqft
15 Jul 2014RentedNew contract
AED 235,000/yr12 months · AED 109 per sqft
25 Jun 2013RentedNew contract
AED 202,000/yr12 months · AED 93 per sqft
23 Apr 2012Sold by developerReady
AED 3,500,000AED 1,621 per sqft

Source: Dubai Land Department. Updated 30 May 2019.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
4th of 8
Parking
2B2-50,2B2-51
Developer
Nakheel
Completed
2007
Service charge
AED 26,000 /yr
Last sold
AED 3.23M · September 2016

About 403, Shoreline - Jash Falqa

403 is a three-bedroom apartment of 2,159 sqft on the 4th floor of Shoreline - Jash Falqa, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 29 September 2016 for AED 3,230,000, or AED 1,496 per sqft, in line with the AED 1,496 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 30 May 2019, is AED 140,000 a year: a gross yield of 4.3% on the 2016 price, before the service charge of about AED 26,000 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical three-bed in Shoreline - Jash Falqa
2M4M2009201320172021Typical sale price by year: 2009 AED 1,262,500; 2010 AED 2,300,000; 2011 AED 1,850,000; 2012 AED 3,150,000; 2013 AED 2,850,000; 2016 AED 3,230,000; 2017 AED 2,835,000; 2018 AED 2,250,000; 2019 AED 2,612,500; 2021 AED 2,300,000; 2022 AED 3,500,000; 2023 AED 4,000,000Sold by developer, April 2012: AED 3,500,000 (AED 1,621 per sqft)Sold, September 2016: AED 3,230,000 (AED 1,496 per sqft)

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

Rents
Unit 403, each contractTypical three-bed in Shoreline - Jash Falqa
200K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 196,000; 2014 AED 210,000; 2015 AED 208,650; 2016 AED 200,000; 2017 AED 200,000; 2018 AED 180,000; 2019 AED 161,000; 2020 AED 155,000; 2021 AED 160,000; 2022 AED 168,352; 2023 AED 270,000; 2024 AED 258,000; 2025 AED 262,500; 2026 AED 266,250New contract, June 2013: AED 202,000 a yearNew contract, July 2014: AED 235,000 a yearRenewal, July 2015: AED 235,000 a yearNew contract, December 2016: AED 176,211 a yearNew contract, May 2019: AED 140,000 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 - Jash Falqa, and where 403 sits

All 35 3-beds →

403 last sold in September 2016 at AED 1,496 per sqft, in line with what three-beds in Shoreline - Jash Falqa were fetching at the time (AED 1,496). Over the last 12 months three-beds sold for AED 5,600,000 to 6,600,000, around AED 2,933 per sqft, and rent for AED 220,000 to 375,000 a year. 403's AED 140,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Jun 20265,600,000
10 Feb 20266,400,000
25 Nov 20256,600,000
16 Jan 20256,000,000
3 3-bed sales 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 4th floor

All 95 units in Shoreline - Jash Falqa
Value
4012-bedAED 1.55M · May 2011
4023-bedAED 2.84M · Jan 2017
4041-bedAED 2.75M · Dec 2022
4052-bedAED 2.1M · Oct 2019
4062-bedAED 4.85M · Mar 2023
4072-bedAED 1.05M · Mar 2009
4082-bedAED 3.5M · Nov 2022
1–7 of 11

403, Shoreline - Jash Falqa in numbers

  • Sold twice: first on 23 April 2012 for AED 3,500,000, last on 29 September 2016 for AED 3,230,000 (AED 1,496 per sqft).
  • Rented since June 2013 on 5 Ejari contracts, from AED 202,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2016 price is 4.3%, before a service charge of about AED 26,000 a year (AED 12.05 per sqft).
  • Three-beds in Shoreline - Jash Falqa sold for AED 5,600,000–6,600,000 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 30 May 2019.

Questions about 403, Shoreline - Jash Falqa

What did unit 403 last sell for?

AED 3,230,000 on 29 September 2016: AED 1,496 per sqft for 2,159 sqft. The unit has 2 registered sales; the first was AED 3,500,000 in April 2012.

What is the rent for unit 403?

AED 140,000 a year on the contract signed on 30 May 2019. The previous contract, from December 2016, was AED 176,211; the unit has been rented since June 2013.

How big is unit 403?

2,159 sqft (200.6 sqm): a three-bedroom apartment on the 4th floor of a 8-storey tower completed in 2007.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Jash Falqa sold for AED 5,600,000 to 6,600,000 in the last 12 months, around AED 2,933 per sqft.

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Mortgage on 403, Shoreline - Jash Falqa

Starts from the last sale price (AED 3.23M, 29 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,230,000
Deposit, UAE resident (20%)
AED 646,000
Deposit, non-resident (40%)
AED 1,292,000
Monthly over 25 years at 3.7%
AED 13,215

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