2-bed · 1,551 sqftShoreline - Khushkar, Palm Jumeirah · 3rd floor · completed 2007

308, Shoreline - Khushkar

Sold prices and rental history: sold 3 times, last in July 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 15 July 2018
Last soldAED 1.7M15 July 2018
Current rentAED 140K /yr6 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Shoreline - Khushkar

What is 308 worth today?

Last sold for AED 1,700,000 in 2018

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15 Jul 2018SoldReady
AED 1,700,000AED 1,096 per sqft
6 Mar 2017RentedNew contract
AED 140,000/yr12 months · AED 90 per sqft
13 Feb 2016RentedRenewal
AED 155,000/yr12 months · AED 100 per sqft
13 Feb 2015RentedNew contract
AED 145,000/yr12 months · AED 94 per sqft
13 Feb 2014RentedRenewal
AED 131,250/yr12 months · AED 85 per sqft
13 Feb 2013RentedNew contract
AED 125,000/yr12 months · AED 81 per sqft
12 Feb 2013SoldReady
AED 1,575,000AED 1,015 per sqft
26 Feb 2009Sold by developerReady
AED 790,000AED 509 per sqft

Source: Dubai Land Department. Updated 15 July 2018.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
3rd of 11
Parking
B2-53
Developer
Nakheel
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 1.7M · July 2018

About 308, Shoreline - Khushkar

308 is a two-bedroom apartment of 1,551 sqft on the 3rd floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 15 July 2018 for AED 1,700,000, or AED 1,096 per sqft, in line with the AED 1,074 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 6 March 2017, is AED 140,000 a year: a gross yield of 8.2% on the 2018 price, before the service charge of about AED 24,300 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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 790,000 (AED 509 per sqft)Sold, February 2013: AED 1,575,000 (AED 1,015 per sqft)Sold, July 2018: AED 1,700,000 (AED 1,096 per sqft)

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

Rents
Unit 308, 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, February 2013: AED 125,000 a yearRenewal, February 2014: AED 131,250 a yearNew contract, February 2015: AED 145,000 a yearRenewal, February 2016: AED 155,000 a yearNew contract, March 2017: AED 140,000 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 - Khushkar, and where 308 sits

All 66 2-beds →

308 last sold in July 2018 at AED 1,096 per sqft, in line with what two-beds in Shoreline - Khushkar were fetching at the time (AED 1,074). 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. 308's AED 140,000 is at the bottom 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 3rd floor

All 132 units in Shoreline - Khushkar
Value
3012-bedAED 2.02M · Aug 2013
3023-bedAED 1.15M · Feb 2009
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
1–7 of 11

308, Shoreline - Khushkar in numbers

  • Sold 3 times: first on 26 February 2009 for AED 790,000, last on 15 July 2018 for AED 1,700,000 (AED 1,096 per sqft).
  • Rented since February 2013 on 5 Ejari contracts, from AED 125,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2018 price is 8.2%, before a service charge of about AED 24,300 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 15 July 2018.

Questions about 308, Shoreline - Khushkar

What did unit 308 last sell for?

AED 1,700,000 on 15 July 2018: AED 1,096 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 790,000 in February 2009.

What is the rent for unit 308?

AED 140,000 a year on the contract signed on 6 March 2017. The previous contract, from February 2016, was AED 155,000; the unit has been rented since February 2013.

How big is unit 308?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2007.

What is unit 308 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 308, Shoreline - Khushkar

Starts from the last sale price (AED 1.7M, 15 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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