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

311, Shoreline - Khushkar

Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 23 June 2023
Last soldAED 3.1M23 June 2023
Current rentAED 148K /yr15 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Shoreline - Khushkar

What is 311 worth today?

Last sold for AED 3,100,000 in 2023

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23 Jun 2023SoldReady
AED 3,100,000AED 1,397 per sqft
15 Sep 2022RentedRenewal
AED 148,491/yr9 months · AED 67 per sqft
15 Sep 2021RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
15 Sep 2020RentedNew contract
AED 120,000/yr12 months · AED 54 per sqft
20 Aug 2019RentedRenewal
AED 145,000/yr12 months · AED 65 per sqft
20 Aug 2018RentedNew contract
AED 150,000/yr12 months · AED 68 per sqft
10 Jul 2017RentedNew contract
AED 170,000/yr12 months · AED 77 per sqft
1 Apr 2016RentedRenewal
AED 175,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 23 June 2023.

Key facts

Type
3-bed apartment
Size
2,218 sqft
Floor
3rd of 11
Parking
B2-57,B2-58
Developer
Nakheel
Completed
2007
Service charge
AED 34,800 /yr
Last sold
AED 3.1M · June 2023

About 311, Shoreline - Khushkar

311 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. It last sold on 23 June 2023 for AED 3,100,000, or AED 1,397 per sqft, 3% above the AED 1,352 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 15 September 2022, is AED 148,491 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 34,800 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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)Sold, March 2010: AED 1,850,000 (AED 834 per sqft)Sold, March 2012: AED 2,000,000 (AED 901 per sqft)Sold, June 2023: AED 3,100,000 (AED 1,397 per sqft)

311 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 311, 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, December 2012: AED 160,000 a yearNew contract, April 2015: AED 180,000 a yearRenewal, April 2016: AED 175,000 a yearNew contract, July 2017: AED 170,000 a yearNew contract, August 2018: AED 150,000 a yearRenewal, August 2019: AED 145,000 a yearNew contract, September 2020: AED 120,000 a yearRenewal, September 2021: AED 130,000 a yearRenewal, September 2022: AED 148,491 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 311 sits

All 48 3-beds →

311 last sold in June 2023 at AED 1,397 per sqft, 3% above what three-beds in Shoreline - Khushkar were fetching at the time (AED 1,352). 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. 311's AED 148,491 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
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

311, Shoreline - Khushkar in numbers

  • Sold 4 times: first on 26 February 2009 for AED 1,150,000, last on 23 June 2023 for AED 3,100,000 (AED 1,397 per sqft).
  • Rented since December 2012 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 120,000 in 2020 and recovered to AED 148,491 by September 2022.
  • At AED 148,491 a year the gross yield on the 2023 price is 4.8%, 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 23 June 2023.

Questions about 311, Shoreline - Khushkar

What did unit 311 last sell for?

AED 3,100,000 on 23 June 2023: AED 1,397 per sqft for 2,218 sqft. The unit has 4 registered sales; the first was AED 1,150,000 in February 2009.

What is the rent for unit 311?

AED 148,491 a year on the contract renewed on 15 September 2022. The previous contract, from September 2021, was AED 130,000; the unit has been rented since December 2012.

How big is unit 311?

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 311 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 311, Shoreline - Khushkar

Starts from the last sale price (AED 3.1M, 23 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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