2-bed · 1,563 sqftShoreline - Jash Falqa, Palm Jumeirah · 7th floor · completed 2007

712, Shoreline - Jash Falqa

Sold prices and rental history: sold 3 times, last in March 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 9 March 2022
Last soldAED 2.43M9 March 2022
Current rentAED 102K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Shoreline - Jash Falqa

What is 712 worth today?

Last sold for AED 2,430,000 in 2022

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9 Mar 2022SoldReady
AED 2,430,000AED 1,554 per sqft
17 Aug 2021SoldReady
AED 1,700,000AED 1,087 per sqft
1 Oct 2020RentedRenewal
AED 102,000/yr4 months · AED 65 per sqft
1 Oct 2019RentedRenewal
AED 115,000/yr12 months · AED 74 per sqft
1 Oct 2018RentedNew contract
AED 115,000/yr12 months · AED 74 per sqft
7 Mar 2017RentedRenewal
AED 178,500/yr12 months · AED 114 per sqft
7 Mar 2016RentedNew contract
AED 178,500/yr12 months · AED 114 per sqft
7 Mar 2015RentedNew contract
AED 178,500/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 9 March 2022.

Key facts

Type
2-bed apartment
Size
1,563 sqft
Floor
7th of 8
Parking
2B2-20
Developer
Nakheel
Completed
2007
Service charge
AED 18,800 /yr
Last sold
AED 2.43M · March 2022

About 712, Shoreline - Jash Falqa

712 is a two-bedroom apartment of 1,563 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 9 March 2022 for AED 2,430,000, or AED 1,554 per sqft, 14% below the AED 1,801 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 October 2020, is AED 102,000 a year: a gross yield of 4.2% on the 2022 price, before the service charge of about AED 18,800 a year.

Sales and rents for 712 over time

Sales
Unit 712, 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, March 2009: AED 825,000 (AED 527 per sqft)Sold, August 2021: AED 1,700,000 (AED 1,087 per sqft)Sold, March 2022: AED 2,430,000 (AED 1,554 per sqft)

712 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 712, each contractTypical two-bed in Shoreline - Jash Falqa
100K150K200K2012201620202024Typical 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, March 2013: AED 125,000 a yearNew contract, March 2014: AED 178,500 a yearNew contract, March 2015: AED 178,500 a yearNew contract, March 2016: AED 178,500 a yearRenewal, March 2017: AED 178,500 a yearNew contract, October 2018: AED 115,000 a yearRenewal, October 2019: AED 115,000 a yearRenewal, October 2020: AED 102,000 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 712 sits

All 48 2-beds →

712 last sold in March 2022 at AED 1,554 per sqft, 14% below what two-beds in Shoreline - Jash Falqa were fetching at the time (AED 1,801). 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. 712's AED 102,000 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 7th floor

All 95 units in Shoreline - Jash Falqa
Value
7012-bedAED 825K · Mar 2009
7023-bedAED 5.1M · Sep 2023
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
1–7 of 11

712, Shoreline - Jash Falqa in numbers

  • Sold 3 times: first on 2 March 2009 for AED 825,000, last on 9 March 2022 for AED 2,430,000 (AED 1,554 per sqft).
  • Rented since March 2013 on 8 Ejari contracts, from AED 125,000 to AED 102,000 a year.
  • At AED 102,000 a year the gross yield on the 2022 price is 4.2%, before a service charge of about AED 18,800 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 9 March 2022.

Questions about 712, Shoreline - Jash Falqa

What did unit 712 last sell for?

AED 2,430,000 on 9 March 2022: AED 1,554 per sqft for 1,563 sqft. The unit has 3 registered sales; the first was AED 825,000 in March 2009.

What is the rent for unit 712?

AED 102,000 a year on the contract renewed on 1 October 2020. The previous contract, from October 2019, was AED 115,000; the unit has been rented since March 2013.

How big is unit 712?

1,563 sqft (145.2 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2007.

What is unit 712 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 712, Shoreline - Jash Falqa

Starts from the last sale price (AED 2.43M, 9 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,430,000
Deposit, UAE resident (20%)
AED 486,000
Deposit, non-resident (40%)
AED 972,000
Monthly over 25 years at 3.7%
AED 9,942

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