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3-bed · 2,157 sqftShoreline - Khushkar, Palm Jumeirah · 5th floor · completed 2007

503, Shoreline - Khushkar

Sold prices and rental history: sold once, by the developer in December 2009, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 18 November 2022
Last soldAED 1.15M28 December 2009
Current rentAED 295K /yr18 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Shoreline - Khushkar

What is 503 worth today?

Last sold for AED 1,150,000 in 2009

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18 Nov 2022RentedNew contract
AED 295,000/yr12 months · AED 137 per sqft
28 Dec 2009Sold by developerReady
AED 1,150,000AED 533 per sqft

Source: Dubai Land Department. Updated 18 November 2022.

Key facts

Type
3-bed apartment
Size
2,157 sqft
Floor
5th of 11
Parking
B2-79,B2-80
Developer
Nakheel
Completed
2007
Service charge
AED 33,900 /yr
Last sold
AED 1.15M · December 2009
Building
Shoreline - Khushkar

About 503, Shoreline - Khushkar

503 is a three-bedroom apartment of 2,157 sqft on the 5th floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 28 December 2009 for AED 1,150,000, or AED 533 per sqft, in line with the AED 537 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 November 2022. The current contract, signed on 18 November 2022, is AED 295,000 a year: a gross yield of 25.7% on the 2009 price, before the service charge of about AED 33,900 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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 1,150,000 (AED 533 per sqft)

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

Rents
Unit 503, each contractTypical three-bed in Shoreline - Khushkar
100K200K300K2012201620202024Typical 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, November 2022: AED 295,000 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 503 sits

All 48 3-beds →

503 last sold in December 2009 at AED 533 per sqft, in line with what three-beds in Shoreline - Khushkar were fetching at the time (AED 537). 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. 503's AED 295,000 is in the upper 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 5th floor

All 132 units in Shoreline - Khushkar
Value
5012-bedAED 3.2M · Apr 2025
5023-bedAED 2.85M · Aug 2013
5041-bedAED 600K · Apr 2009
5052-bedAED 2.5M · Apr 2023
5062-bedAED 1.98M · Nov 2018
5072-bedAED 1.75M · Mar 2021
5082-bedAED 3.1M · Sep 2023
1–7 of 11

503, Shoreline - Khushkar in numbers

  • Sold once: by Nakheel on 28 December 2009 for AED 1,150,000, or AED 533 per sqft.
  • Rented since November 2022 on one Ejari contract, at AED 295,000 a year.
  • At AED 295,000 a year the gross yield on the 2009 price is 25.7%, 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 18 November 2022.

Questions about 503, Shoreline - Khushkar

What did unit 503 last sell for?

AED 1,150,000 on 28 December 2009, sold by the developer: AED 533 per sqft for 2,157 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 295,000 a year on the contract signed on 18 November 2022.

How big is unit 503?

2,157 sqft (200.4 sqm): a three-bedroom apartment on the 5th floor of a 11-storey tower completed in 2007.

What is unit 503 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 503, Shoreline - Khushkar

Starts from the last sale price (AED 1.15M, 28 December 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 →