3-bed · 2,157 sqftShoreline - Khushkar, Palm Jumeirah · 4th floor · completed 2007

403, Shoreline - Khushkar

Sold prices and rental history: sold 3 times, last in January 2011, and rented once, from May 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 17 May 2014
Last soldAED 1.8M13 January 2011
Current rentAED 190K /yr17 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Shoreline - Khushkar

What is 403 worth today?

Last sold for AED 1,800,000 in 2011

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17 May 2014RentedNew contract
AED 190,000/yr12 months · AED 88 per sqft
13 Jan 2011SoldReady
AED 1,800,000AED 834 per sqft
23 May 2010SoldReady
AED 1,830,000AED 848 per sqft
17 Dec 2009Sold by developerReady
AED 1,240,000AED 574 per sqft

Source: Dubai Land Department. Updated 17 May 2014.

Key facts

Type
3-bed apartment
Size
2,157 sqft
Floor
4th of 11
Parking
B2-62,B2-63
Developer
Nakheel
Completed
2007
Service charge
AED 33,900 /yr
Last sold
AED 1.8M · January 2011

About 403, Shoreline - Khushkar

403 is a three-bedroom apartment of 2,157 sqft on the 4th floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 13 January 2011 for AED 1,800,000, or AED 834 per sqft, in line with the AED 834 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 May 2014. The current contract, signed on 17 May 2014, is AED 190,000 a year: a gross yield of 10.6% on the 2011 price, before the service charge of about AED 33,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, December 2009: AED 1,240,000 (AED 574 per sqft)Sold, May 2010: AED 1,830,000 (AED 848 per sqft)Sold, January 2011: AED 1,800,000 (AED 834 per sqft)

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

Rents
Unit 403, 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, May 2014: AED 190,000 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 403 sits

All 48 3-beds →

403 last sold in January 2011 at AED 834 per sqft, in line with what three-beds in Shoreline - Khushkar were fetching at the time (AED 834). 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. 403's AED 190,000 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 4th floor

All 132 units in Shoreline - Khushkar
Value
4012-bedAED 1.85M · Mar 2017
4023-bedAED 3M · Jul 2022
4041-bedAED 600K · Apr 2009
4052-bedAED 4M · Apr 2026
4062-bedAED 2.1M · Sep 2017
4072-bedAED 5.1M · Jun 2024
4082-bedAED 2.1M · Nov 2022
1–7 of 11

403, Shoreline - Khushkar in numbers

  • Sold 3 times: first on 17 December 2009 for AED 1,240,000, last on 13 January 2011 for AED 1,800,000 (AED 834 per sqft).
  • Rented since May 2014 on one Ejari contract, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2011 price is 10.6%, before a service charge of about AED 33,900 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 17 May 2014.

Questions about 403, Shoreline - Khushkar

What did unit 403 last sell for?

AED 1,800,000 on 13 January 2011: AED 834 per sqft for 2,157 sqft. The unit has 3 registered sales; the first was AED 1,240,000 in December 2009.

What is the rent for unit 403?

AED 190,000 a year on the contract signed on 17 May 2014.

How big is unit 403?

2,157 sqft (200.4 sqm): a three-bedroom apartment on the 4th floor of a 11-storey tower completed in 2007.

What is unit 403 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 403, Shoreline - Khushkar

Starts from the last sale price (AED 1.8M, 13 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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