3-bed · 2,187 sqftShoreline - Khushkar, Palm Jumeirah · 10th floor · completed 2007

1011, Shoreline - Khushkar

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 19 July 2022
Last soldAED 2.85M19 July 2022
Current rentAED 180K /yr11 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Shoreline - Khushkar

What is 1011 worth today?

Last sold for AED 2,850,000 in 2022

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19 Jul 2022SoldReady
AED 2,850,000AED 1,303 per sqft
11 Dec 2021RentedRenewal
AED 180,000/yr12 months · AED 82 per sqft
11 Dec 2020RentedNew contract
AED 180,000/yr12 months · AED 82 per sqft
3 Sep 2019RentedRenewal
AED 220,000/yr12 months · AED 101 per sqft
2 Sep 2018RentedRenewal
AED 209,418/yr12 months · AED 96 per sqft
2 Sep 2017RentedRenewal
AED 200,000/yr12 months · AED 92 per sqft
2 Sep 2016RentedRenewal
AED 190,000/yr12 months · AED 87 per sqft
31 Aug 2015RentedNew contract
AED 188,950/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 19 July 2022.

Key facts

Type
3-bed apartment
Size
2,187 sqft
Floor
10th of 11
Parking
B1-21,B1-22
Developer
Nakheel
Completed
2007
Service charge
AED 34,300 /yr
Last sold
AED 2.85M · July 2022

About 1011, Shoreline - Khushkar

1011 is a three-bedroom apartment of 2,187 sqft on the 10th floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 19 July 2022 for AED 2,850,000, or AED 1,303 per sqft, 4% above the AED 1,254 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 11 December 2021, is AED 180,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 34,300 a year.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical three-bed in Shoreline - Khushkar
2M4M2009201420192024Typical sale price by year: 2009 AED 1,175,000; 2010 AED 1,850,000; 2011 AED 1,750,000; 2012 AED 2,000,000; 2013 AED 1,999,000; 2014 AED 3,225,000; 2015 AED 2,750,000; 2016 AED 2,900,000; 2017 AED 2,700,000; 2018 AED 2,200,000; 2022 AED 2,614,000; 2023 AED 3,750,000; 2024 AED 4,150,000; 2025 AED 4,835,000Sold by developer, April 2009: AED 1,175,000 (AED 537 per sqft)Sold, October 2012: AED 2,100,000 (AED 960 per sqft)Sold, July 2022: AED 2,850,000 (AED 1,303 per sqft)

1011 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1011, each contractTypical three-bed in Shoreline - Khushkar
200K2012201620202024Typical rent by year: 2012 AED 152,250; 2013 AED 160,000; 2014 AED 194,465; 2015 AED 185,000; 2016 AED 180,000; 2017 AED 179,000; 2018 AED 160,000; 2019 AED 146,000; 2020 AED 130,500; 2021 AED 125,000; 2022 AED 151,000; 2023 AED 180,000; 2024 AED 227,500; 2025 AED 252,000; 2026 AED 240,000New contract, August 2015: AED 188,950 a yearRenewal, September 2016: AED 190,000 a yearRenewal, September 2017: AED 200,000 a yearRenewal, September 2018: AED 209,418 a yearRenewal, September 2019: AED 220,000 a yearNew contract, December 2020: AED 180,000 a yearRenewal, December 2021: AED 180,000 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 - Khushkar, and where 1011 sits

All 48 3-beds →

1011 last sold in July 2022 at AED 1,303 per sqft, 4% above what three-beds in Shoreline - Khushkar were fetching at the time (AED 1,254). Over the last 12 months three-beds sold for AED 5,550,000, around AED 2,537 per sqft, and rent for AED 100,000 to 340,000 a year. 1011's AED 180,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Oct 20265,550,000
15 Aug 20254,999,999
14 Jul 20254,995,000
9 May 20254,835,000
1 3-bed sale in the last 12 months

Shoreline - Khushkar

Building

132 apartments, 1-bed to 4-bed over 11 floors in Palm Jumeirah, completed in 2007 by Nakheel. 5 sold in the last 12 months.

Typical price per sqft
AED 2,537
Typical sale
AED 4M
Typical rent
AED 160K /yr
Typical yield
4.2%
Shoreline - Khushkar, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 132 units in Shoreline - Khushkar
Value
10012-bedAED 825K · Jul 2009
10023-bedAED 1.18M · Feb 2009
10033-bedAED 1.18M · Apr 2009
10041-bedAED 1.4M · Jul 2017
10052-bedAED 815K · Feb 2009
10062-bedAED 1.05M · Feb 2009
10072-bedAED 2.18M · Oct 2017
1–7 of 11

1011, Shoreline - Khushkar in numbers

  • Sold 3 times: first on 19 April 2009 for AED 1,175,000, last on 19 July 2022 for AED 2,850,000 (AED 1,303 per sqft).
  • Rented since August 2015 on 7 Ejari contracts, from AED 188,950 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 34,300 a year (AED 15.70 per sqft).
  • Three-beds in Shoreline - Khushkar sold for AED 5,550,000–5,550,000 in the 12 months to November 2026; the building's median across all types is AED 2,537 per sqft.

Source: Dubai Land Department. Updated 19 July 2022.

Questions about 1011, Shoreline - Khushkar

What did unit 1011 last sell for?

AED 2,850,000 on 19 July 2022: AED 1,303 per sqft for 2,187 sqft. The unit has 3 registered sales; the first was AED 1,175,000 in April 2009.

What is the rent for unit 1011?

AED 180,000 a year on the contract renewed on 11 December 2021. The previous contract, from December 2020, was AED 180,000; the unit has been rented since August 2015.

How big is unit 1011?

2,187 sqft (203.2 sqm): a three-bedroom apartment on the 10th floor of a 11-storey tower completed in 2007.

What is unit 1011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Khushkar sold for AED 5,550,000 to 5,550,000 in the last 12 months, around AED 2,537 per sqft.

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Mortgage on 1011, Shoreline - Khushkar

Starts from the last sale price (AED 2.85M, 19 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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