2-bed · 1,551 sqftShoreline - Khushkar, Palm Jumeirah · 6th floor · completed 2007

605, Shoreline - Khushkar

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

Unit 605 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 950K28 February 2018
Current rentAED 160K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Shoreline - Khushkar

What is 605 worth today?

Last sold for AED 950,000 in 2018

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1 Jun 2024RentedNew contract
AED 160,000/yr12 months · AED 103 per sqft
15 Mar 2023RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft
15 Mar 2022RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft
15 Mar 2021RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
15 Mar 2020RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
28 Feb 2018SoldReady
AED 950,000AED 612 per sqft
28 Feb 2018RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft
10 Feb 2013SoldReady
AED 1,990,000AED 1,283 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
6th of 11
Parking
B2-96
Developer
Nakheel
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 950K · February 2018

About 605, Shoreline - Khushkar

605 is a two-bedroom apartment of 1,551 sqft on the 6th floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 28 February 2018 for AED 950,000, or AED 612 per sqft, 44% below the AED 1,087 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 June 2024, is AED 160,000 a year: a gross yield of 16.8% on the 2018 price, before the service charge of about AED 24,300 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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, April 2009: AED 815,000 (AED 525 per sqft)Sold, February 2013: AED 1,990,000 (AED 1,283 per sqft)Sold, February 2018: AED 950,000 (AED 612 per sqft)

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

Rents
Unit 605, 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 2018: AED 130,000 a yearNew contract, March 2020: AED 90,000 a yearNew contract, March 2021: AED 90,000 a yearRenewal, March 2022: AED 100,000 a yearRenewal, March 2023: AED 100,000 a yearNew contract, June 2024: AED 160,000 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 605 sits

All 66 2-beds →

605 last sold in February 2018 at AED 612 per sqft, 44% below what two-beds in Shoreline - Khushkar were fetching at the time (AED 1,087). 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. 605's AED 160,000 is in the lower half 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 6th floor

All 132 units in Shoreline - Khushkar
Value
6012-bedAED 825K · Jul 2009
6023-bedAED 4.53M · Dec 2024
6033-bedAED 3.96M · Jun 2024
6041-bedAED 1.08M · Oct 2021
6062-bedAED 1.05M · Apr 2009
6072-bedAED 2.03M · Dec 2021
6082-bedAED 815K · Feb 2009
1–7 of 11

605, Shoreline - Khushkar in numbers

  • Sold 3 times: first on 19 April 2009 for AED 815,000, last on 28 February 2018 for AED 950,000 (AED 612 per sqft).
  • Rented since February 2018 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 90,000 in 2021 and recovered to AED 160,000 by June 2024.
  • At AED 160,000 a year the gross yield on the 2018 price is 16.8%, 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 1 June 2024.

Questions about 605, Shoreline - Khushkar

What did unit 605 last sell for?

AED 950,000 on 28 February 2018: AED 612 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 815,000 in April 2009.

What is the rent for unit 605?

AED 160,000 a year on the contract signed on 1 June 2024. The previous contract, from March 2023, was AED 100,000; the unit has been rented since February 2018.

How big is unit 605?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 6th floor of a 11-storey tower completed in 2007.

What is unit 605 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 605, Shoreline - Khushkar

Starts from the last sale price (AED 950K, 28 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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