3-bed · 2,182 sqftShoreline - Jash Falqa, Palm Jumeirah · 7th floor · completed 2007

702, Shoreline - Jash Falqa

Sold prices and rental history: sold 4 times, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 25 September 2023
Last soldAED 5.1M25 September 2023
Current rentAED 200K /yr1 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Shoreline - Jash Falqa

What is 702 worth today?

Last sold for AED 5,100,000 in 2023

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25 Sep 2023SoldReady
AED 5,100,000AED 2,337 per sqft
29 Apr 2018SoldReady
AED 2,400,000AED 1,100 per sqft
1 Dec 2016RentedNew contract
AED 200,000/yr12 months · AED 92 per sqft
15 Dec 2015RentedRenewal
AED 240,000/yr12 months · AED 110 per sqft
15 Dec 2014RentedNew contract
AED 240,000/yr12 months · AED 110 per sqft
10 Jan 2014RentedNew contract
AED 183,750/yr12 months · AED 84 per sqft
10 Jan 2013RentedNew contract
AED 175,000/yr12 months · AED 80 per sqft
12 Oct 2010SoldReady
AED 2,300,000AED 1,054 per sqft

Source: Dubai Land Department. Updated 25 September 2023.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Floor
7th of 8
Parking
2B1-18,2B1-20
Developer
Nakheel
Completed
2007
Service charge
AED 26,300 /yr
Last sold
AED 5.1M · September 2023

About 702, Shoreline - Jash Falqa

702 is a three-bedroom apartment of 2,182 sqft on the 7th floor of Shoreline - Jash Falqa, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 25 September 2023 for AED 5,100,000, or AED 2,337 per sqft, 20% above the AED 1,945 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 1 December 2016, is AED 200,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 26,300 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Shoreline - Jash Falqa
02M4M2009201320172021Typical 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 2009: AED 587,500 (AED 269 per sqft)Sold, October 2010: AED 2,300,000 (AED 1,054 per sqft)Sold, April 2018: AED 2,400,000 (AED 1,100 per sqft)Sold, September 2023: AED 5,100,000 (AED 2,337 per sqft)

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

Rents
Unit 702, 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, January 2013: AED 175,000 a yearNew contract, January 2014: AED 183,750 a yearNew contract, December 2014: AED 240,000 a yearRenewal, December 2015: AED 240,000 a yearNew contract, December 2016: AED 200,000 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 702 sits

All 35 3-beds →

702 last sold in September 2023 at AED 2,337 per sqft, 20% above what three-beds in Shoreline - Jash Falqa were fetching at the time (AED 1,945). 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. 702's AED 200,000 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 7th floor

All 95 units in Shoreline - Jash Falqa
Value
7012-bedAED 825K · Mar 2009
7033-bedAED 5.78M · Sep 2024
7041-bedAED 2.2M · May 2021
7052-bedAED 895K · Mar 2009
7062-bedAED 3.58M · Sep 2017
7072-bedAED 7M · Jul 2026
7082-bedAED 5.6M · Jun 2025
1–7 of 11

702, Shoreline - Jash Falqa in numbers

  • Sold 4 times: first on 16 April 2009 for AED 587,500, last on 25 September 2023 for AED 5,100,000 (AED 2,337 per sqft).
  • Rented since January 2013 on 5 Ejari contracts, from AED 175,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 26,300 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 25 September 2023.

Questions about 702, Shoreline - Jash Falqa

What did unit 702 last sell for?

AED 5,100,000 on 25 September 2023: AED 2,337 per sqft for 2,182 sqft. The unit has 4 registered sales; the first was AED 587,500 in April 2009.

What is the rent for unit 702?

AED 200,000 a year on the contract signed on 1 December 2016. The previous contract, from December 2015, was AED 240,000; the unit has been rented since January 2013.

How big is unit 702?

2,182 sqft (202.7 sqm): a three-bedroom apartment on the 7th floor of a 8-storey tower completed in 2007.

What is unit 702 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 702, Shoreline - Jash Falqa

Starts from the last sale price (AED 5.1M, 25 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,100,000
Deposit, UAE resident (20%)
AED 1,020,000
Deposit, non-resident (40%)
AED 2,040,000
Monthly over 25 years at 3.7%
AED 20,866

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