3-bed · 2,218 sqftShoreline - Khushkar, Palm Jumeirah · 3rd floor · completed 2007

302, Shoreline - Khushkar

Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 27 January 2024
Last soldAED 1.15M26 February 2009
Current rentAED 195K /yr27 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Shoreline - Khushkar

What is 302 worth today?

Last sold for AED 1,150,000 in 2009

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27 Jan 2024RentedRenewal
AED 194,580/yr12 months · AED 88 per sqft
27 Jan 2024RentedRenewal
AED 194,580/yr12 months · AED 88 per sqft
27 Jan 2023RentedRenewal
AED 138,000/yr12 months · AED 62 per sqft
27 Jan 2022RentedRenewal
AED 120,000/yr12 months · AED 54 per sqft
27 Jan 2021RentedNew contract
AED 100,000/yr12 months · AED 45 per sqft
1 Sep 2019RentedRenewal
AED 125,000/yr6 months · AED 56 per sqft
1 Sep 2018RentedRenewal
AED 150,000/yr12 months · AED 68 per sqft
1 Sep 2017RentedRenewal
AED 155,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 27 January 2024.

Key facts

Type
3-bed apartment
Size
2,218 sqft
Floor
3rd of 11
Parking
B2-144, B2-146
Developer
Nakheel
Completed
2007
Service charge
AED 34,800 /yr
Last sold
AED 1.15M · February 2009

About 302, Shoreline - Khushkar

302 is a three-bedroom apartment of 2,218 sqft on the 3rd floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 26 February 2009 for AED 1,150,000, or AED 518 per sqft, in line with the AED 526 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 27 January 2024, is AED 194,580 a year: a gross yield of 16.9% on the 2009 price, before the service charge of about AED 34,800 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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, February 2009: AED 1,150,000 (AED 518 per sqft)

302 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 302, each contractTypical three-bed in Shoreline - Khushkar
100K200K2012201620202024Typical 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 2013: AED 140,000 a yearNew contract, November 2014: AED 175,000 a yearRenewal, November 2015: AED 175,000 a yearNew contract, September 2016: AED 170,000 a yearRenewal, September 2017: AED 155,000 a yearRenewal, September 2018: AED 150,000 a yearRenewal, September 2019: AED 125,000 a yearNew contract, January 2021: AED 100,000 a yearRenewal, January 2022: AED 120,000 a yearRenewal, January 2023: AED 138,000 a yearRenewal, January 2024: AED 194,580 a yearRenewal, January 2024: AED 194,580 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 302 sits

All 48 3-beds →

302 last sold in February 2009 at AED 518 per sqft, in line with what three-beds in Shoreline - Khushkar were fetching at the time (AED 526). 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. 302's AED 194,580 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 3rd floor

All 132 units in Shoreline - Khushkar
Value
3012-bedAED 2.02M · Aug 2013
3033-bedAED 2.3M · Aug 2022
3041-bedAED 2.2M · Dec 2024
3052-bedAED 1.25M · Feb 2019
3062-bedAED 1.95M · Jul 2021
3072-bedAED 5.3M · Jan 2026
3082-bedAED 1.7M · Jul 2018
1–7 of 11

302, Shoreline - Khushkar in numbers

  • Sold once: by Nakheel on 26 February 2009 for AED 1,150,000, or AED 518 per sqft.
  • Rented since August 2013 on 12 Ejari contracts. The rent fell from AED 140,000 to AED 100,000 in 2021 and recovered to AED 194,580 by January 2024.
  • At AED 194,580 a year the gross yield on the 2009 price is 16.9%, before a service charge of about AED 34,800 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 27 January 2024.

Questions about 302, Shoreline - Khushkar

What did unit 302 last sell for?

AED 1,150,000 on 26 February 2009, sold by the developer: AED 518 per sqft for 2,218 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 194,580 a year on the contract renewed on 27 January 2024. The previous contract, from January 2024, was AED 194,580; the unit has been rented since August 2013.

How big is unit 302?

2,218 sqft (206.1 sqm): a three-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2007.

What is unit 302 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 302, Shoreline - Khushkar

Starts from the last sale price (AED 1.15M, 26 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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