2-bed · 1,997 sqftShoreline - Khushkar, Palm Jumeirah · 2nd floor · completed 2007

206, Shoreline - Khushkar

Sold prices and rental history: sold twice, last in February 2020, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 23 February 2020
Last soldAED 1.6M23 February 2020
Current rentAED 160K /yr15 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Shoreline - Khushkar

What is 206 worth today?

Last sold for AED 1,600,000 in 2020

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23 Feb 2020SoldReady
AED 1,600,000AED 801 per sqft
15 Mar 2019RentedRenewal
AED 160,002/yr2 months · AED 80 per sqft
15 Mar 2017RentedRenewal
AED 165,000/yr12 months · AED 83 per sqft
15 Mar 2016RentedNew contract
AED 165,000/yr12 months · AED 83 per sqft
1 Aug 2015RentedRenewal
AED 166,118/yr12 months · AED 83 per sqft
1 Aug 2014RentedRenewal
AED 155,250/yr12 months · AED 78 per sqft
1 Aug 2013RentedNew contract
AED 140,000/yr12 months · AED 70 per sqft
1 Aug 2012RentedNew contract
AED 124,693/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 23 February 2020.

Key facts

Type
2-bed apartment
Size
1,997 sqft
Floor
2nd of 11
Parking
B2-33
Developer
Nakheel
Completed
2007
Service charge
AED 31,300 /yr
Last sold
AED 1.6M · February 2020

About 206, Shoreline - Khushkar

206 is a two-bedroom apartment of 1,997 sqft on the 2nd floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 23 February 2020 for AED 1,600,000, or AED 801 per sqft, 11% below the AED 897 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 8 Ejari contracts. The current contract, renewed on 15 March 2019, is AED 160,002 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 31,300 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in Shoreline - Khushkar
2M4M2009201420192024Typical sale price by year: 2009 AED 825,000; 2010 AED 1,500,000; 2011 AED 1,435,000; 2012 AED 1,050,000; 2013 AED 1,650,000; 2014 AED 2,550,000; 2015 AED 1,750,000; 2017 AED 2,000,000; 2018 AED 1,600,000; 2020 AED 1,600,000; 2021 AED 1,662,500; 2022 AED 2,000,000; 2023 AED 2,487,500; 2024 AED 3,237,500; 2025 AED 3,375,000; 2026 AED 4,000,000Sold by developer, February 2009: AED 1,025,000 (AED 513 per sqft)Sold, February 2020: AED 1,600,000 (AED 801 per sqft)

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

Rents
Unit 206, each contractTypical two-bed in Shoreline - Khushkar
100K150K20112015201920232027Typical rent by year: 2011 AED 120,000; 2012 AED 125,000; 2013 AED 135,000; 2014 AED 149,750; 2015 AED 154,584; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 120,000; 2019 AED 112,500; 2020 AED 95,000; 2021 AED 95,000; 2022 AED 116,000; 2023 AED 150,000; 2024 AED 170,000; 2025 AED 173,250; 2026 AED 162,500New contract, August 2011: AED 120,000 a yearNew contract, August 2012: AED 124,693 a yearNew contract, August 2013: AED 140,000 a yearRenewal, August 2014: AED 155,250 a yearRenewal, August 2015: AED 166,118 a yearNew contract, March 2016: AED 165,000 a yearRenewal, March 2017: AED 165,000 a yearRenewal, March 2019: AED 160,002 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 - Khushkar, and where 206 sits

All 66 2-beds →

206 last sold in February 2020 at AED 801 per sqft, 11% below what two-beds in Shoreline - Khushkar were fetching at the time (AED 897). Over the last 12 months two-beds sold for AED 3,150,000 to 5,300,000, around AED 2,547 per sqft, and rent for AED 140,000 to 275,626 a year. 206's AED 160,002 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 20263,150,000
10 Apr 20264,000,000
6 Jan 20265,300,000
23 Dec 20253,900,000
4 2-bed sales 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 2nd floor

All 132 units in Shoreline - Khushkar
Value
2012-bedAED 3.15M · Oct 2026
2023-bedAED 2.2M · Jun 2018
2033-bedAED 1.95M · Dec 2012
2041-bedAED 600K · Jul 2009
2052-bedAED 3.9M · Dec 2025
2072-bedAED 3.25M · Dec 2023
2082-bedAED 3.38M · Mar 2025
1–7 of 11

206, Shoreline - Khushkar in numbers

  • Sold twice: first on 26 February 2009 for AED 1,025,000, last on 23 February 2020 for AED 1,600,000 (AED 801 per sqft).
  • Rented since August 2011 on 8 Ejari contracts, from AED 120,000 to AED 160,002 a year.
  • At AED 160,002 a year the gross yield on the 2020 price is 10.0%, before a service charge of about AED 31,300 a year (AED 15.70 per sqft).
  • Two-beds in Shoreline - Khushkar sold for AED 3,150,000–5,300,000 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 23 February 2020.

Questions about 206, Shoreline - Khushkar

What did unit 206 last sell for?

AED 1,600,000 on 23 February 2020: AED 801 per sqft for 1,997 sqft. The unit has 2 registered sales; the first was AED 1,025,000 in February 2009.

What is the rent for unit 206?

AED 160,002 a year on the contract renewed on 15 March 2019. The previous contract, from March 2017, was AED 165,000; the unit has been rented since August 2011.

How big is unit 206?

1,997 sqft (185.5 sqm): a two-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2007.

What is unit 206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Khushkar sold for AED 3,150,000 to 5,300,000 in the last 12 months, around AED 2,547 per sqft.

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Mortgage on 206, Shoreline - Khushkar

Starts from the last sale price (AED 1.6M, 23 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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