2-bed · 1,579 sqftShoreline - Jash Hamad, Palm Jumeirah · 3rd floor · completed 2007

312, Shoreline - Jash Hamad

Sold prices and rental history: sold twice, last in August 2016, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 8 August 2016
Last soldAED 1.95M8 August 2016
Current rentAED 145K /yr10 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Shoreline - Jash Hamad

What is 312 worth today?

Last sold for AED 1,950,000 in 2016

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8 Aug 2016SoldReady
AED 1,950,000AED 1,234 per sqft
10 Apr 2015RentedNew contract
AED 145,000/yr12 months · AED 89 per sqft
24 Oct 2013RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
24 Oct 2012RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
15 Jul 2012Sold by developerReady
AED 757,216AED 479 per sqft

Source: Dubai Land Department. Updated 8 August 2016.

Key facts

Type
2-bed apartment
Size
1,579 sqft
Floor
3rd of 9
Parking
B2-48
Developer
Nakheel
Completed
2007
Service charge
AED 21,100 /yr
Last sold
AED 1.95M · August 2016

About 312, Shoreline - Jash Hamad

312 is a two-bedroom apartment of 1,579 sqft on the 3rd floor of Shoreline - Jash Hamad, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 8 August 2016 for AED 1,950,000, or AED 1,234 per sqft, in line with the AED 1,263 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 10 April 2015, is AED 145,000 a year: a gross yield of 7.4% on the 2016 price, before the service charge of about AED 21,100 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, July 2012: AED 757,216 (AED 479 per sqft)Sold, August 2016: AED 1,950,000 (AED 1,234 per sqft)

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

Rents
Unit 312, 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, October 2012: AED 120,000 a yearNew contract, October 2013: AED 120,000 a yearNew contract, April 2015: AED 145,000 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 312 sits

All 49 2-beds →

312 last sold in August 2016 at AED 1,234 per sqft, in line with what two-beds in Shoreline - Jash Hamad were fetching at the time (AED 1,263). 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. 312's AED 145,000 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
3072-bedAED 1.67M · Jun 2012
1–7 of 11

312, Shoreline - Jash Hamad in numbers

  • Sold twice: first on 15 July 2012 for AED 757,216, last on 8 August 2016 for AED 1,950,000 (AED 1,234 per sqft).
  • Rented since October 2012 on 3 Ejari contracts, from AED 120,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2016 price is 7.4%, before a service charge of about AED 21,100 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 8 August 2016.

Questions about 312, Shoreline - Jash Hamad

What did unit 312 last sell for?

AED 1,950,000 on 8 August 2016: AED 1,234 per sqft for 1,579 sqft. The unit has 2 registered sales; the first was AED 757,216 in July 2012.

What is the rent for unit 312?

AED 145,000 a year on the contract signed on 10 April 2015. The previous contract, from October 2013, was AED 120,000; the unit has been rented since October 2012.

How big is unit 312?

1,579 sqft (146.7 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 312 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 312, Shoreline - Jash Hamad

Starts from the last sale price (AED 1.95M, 8 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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