2-bed · 1,992 sqftShoreline - Jash Hamad, Palm Jumeirah · 3rd floor · completed 2007

307, Shoreline - Jash Hamad

Sold prices and rental history: sold once, by the developer in June 2012, and rented continuously since 2013. 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 2016
Last soldAED 1.67M3 June 2012
Current rentAED 120K /yr1 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Shoreline - Jash Hamad

What is 307 worth today?

Last sold for AED 1,672,702 in 2012

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1 Oct 2016RentedNew contract
AED 120,000/yr12 months · AED 59 per sqft
3 Sep 2015RentedRenewal
AED 168,000/yr10 months · AED 82 per sqft
3 Sep 2014RentedRenewal
AED 155,000/yr12 months · AED 76 per sqft
3 Sep 2013RentedNew contract
AED 135,000/yr12 months · AED 66 per sqft
3 Jun 2012Sold by developerReady
AED 1,672,702AED 839 per sqft

Source: Dubai Land Department. Updated 1 October 2016.

Key facts

Type
2-bed apartment
Size
1,992 sqft
Floor
3rd of 9
Parking
B2-41
Developer
Nakheel
Completed
2007
Service charge
AED 26,600 /yr
Last sold
AED 1.67M · June 2012

About 307, Shoreline - Jash Hamad

307 is a two-bedroom apartment of 1,992 sqft on the 3rd floor of Shoreline - Jash Hamad, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 3 June 2012 for AED 1,672,702, or AED 839 per sqft, 13% below the AED 960 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 October 2016, is AED 120,000 a year: a gross yield of 7.2% on the 2012 price, before the service charge of about AED 26,600 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in Shoreline - Jash Hamad
2M4M2012201620202024Typical sale price by year: 2012 AED 1,636,859; 2013 AED 1,925,000; 2015 AED 2,150,000; 2016 AED 1,800,000; 2017 AED 2,275,000; 2020 AED 1,440,000; 2021 AED 1,790,000; 2022 AED 2,220,000; 2023 AED 2,600,000; 2024 AED 3,600,000; 2025 AED 4,250,000; 2026 AED 3,600,000Sold by developer, June 2012: AED 1,672,702 (AED 839 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 Hamad
100K150K200K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 133,850; 2014 AED 136,428; 2015 AED 150,000; 2016 AED 148,750; 2017 AED 140,000; 2018 AED 125,000; 2019 AED 105,000; 2020 AED 95,500; 2021 AED 100,000; 2022 AED 125,000; 2023 AED 165,000; 2024 AED 185,000; 2025 AED 186,000; 2026 AED 177,500New contract, September 2013: AED 135,000 a yearRenewal, September 2014: AED 155,000 a yearRenewal, September 2015: AED 168,000 a yearNew contract, October 2016: AED 120,000 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 Hamad, and where 307 sits

All 49 2-beds →

307 last sold in June 2012 at AED 839 per sqft, 13% below what two-beds in Shoreline - Jash Hamad were fetching at the time (AED 960). Over the last 12 months two-beds sold for AED 3,300,000 to 4,450,000, around AED 2,257 per sqft, and rent for AED 100,000 to 365,000 a year. 307's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Apr 20263,300,000
6 Mar 20264,000,000
19 Jan 20263,600,000
11 Nov 20254,450,000
4 2-bed sales in the last 12 months

Shoreline - Jash Hamad

Building

108 apartments, 1-bed to 3-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 8 sold in the last 12 months.

Typical price per sqft
AED 2,362
Typical sale
AED 4.23M
Typical rent
AED 165K /yr
Typical yield
4.6%
Shoreline - Jash Hamad, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 108 units in Shoreline - Jash Hamad
Value
3012-bedAED 2.1M · Aug 2015
3023-bedAED 1.98M · May 2012
3033-bedAED 3.08M · Jan 2023
3041-bedAED 1.5M · Apr 2017
3052-bedAED 1.5M · Jan 2013
3062-bedAED 1.44M · Feb 2020
3082-bedAED 2.1M · Mar 2015
1–7 of 11

307, Shoreline - Jash Hamad in numbers

  • Sold once: by Nakheel on 3 June 2012 for AED 1,672,702, or AED 839 per sqft.
  • Rented since September 2013 on 4 Ejari contracts, from AED 135,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2012 price is 7.2%, before a service charge of about AED 26,600 a year (AED 13.34 per sqft).
  • Two-beds in Shoreline - Jash Hamad sold for AED 3,300,000–4,450,000 in the 12 months to November 2026; the building's median across all types is AED 2,362 per sqft.

Source: Dubai Land Department. Updated 1 October 2016.

Questions about 307, Shoreline - Jash Hamad

What did unit 307 last sell for?

AED 1,672,702 on 3 June 2012, sold by the developer: AED 839 per sqft for 1,992 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 120,000 a year on the contract signed on 1 October 2016. The previous contract, from September 2015, was AED 168,000; the unit has been rented since September 2013.

How big is unit 307?

1,992 sqft (185.1 sqm): a two-bedroom apartment on the 3rd floor of a 9-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 Hamad sold for AED 3,300,000 to 4,450,000 in the last 12 months, around AED 2,257 per sqft.

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Mortgage on 307, Shoreline - Jash Hamad

Starts from the last sale price (AED 1.67M, 3 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,672,702
Deposit, UAE resident (20%)
AED 334,540
Deposit, non-resident (40%)
AED 669,081
Monthly over 25 years at 3.7%
AED 6,844

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