3-bed · 2,187 sqftShoreline - Khushkar, Palm Jumeirah · 8th floor · completed 2007

802, Shoreline - Khushkar

Sold prices and rental history: sold twice, last in December 2014, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 30 December 2014
Last soldAED 3.4M30 December 2014
Current rentAED 160K /yr10 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Shoreline - Khushkar

What is 802 worth today?

Last sold for AED 3,400,000 in 2014

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30 Dec 2014SoldReady
AED 3,400,000AED 1,554 per sqft
10 May 2013RentedNew contract
AED 160,000/yr12 months · AED 73 per sqft
10 May 2012RentedNew contract
AED 147,000/yr12 months · AED 67 per sqft
1 Nov 2011Sold by developerReady
AED 2,200,000AED 1,005 per sqft

Source: Dubai Land Department. Updated 30 December 2014.

Key facts

Type
3-bed apartment
Size
2,187 sqft
Floor
8th of 11
Parking
B2-119,B2-120
Developer
Nakheel
Completed
2007
Service charge
AED 34,300 /yr
Last sold
AED 3.4M · December 2014

About 802, Shoreline - Khushkar

802 is a three-bedroom apartment of 2,187 sqft on the 8th floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 30 December 2014 for AED 3,400,000, or AED 1,554 per sqft, 4% above the AED 1,495 three-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 10 May 2013, is AED 160,000 a year: a gross yield of 4.7% on the 2014 price, before the service charge of about AED 34,300 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, November 2011: AED 2,200,000 (AED 1,005 per sqft)Sold, December 2014: AED 3,400,000 (AED 1,554 per sqft)

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

Rents
Unit 802, 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 2012: AED 147,000 a yearNew contract, May 2013: AED 160,000 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 802 sits

All 48 3-beds →

802 last sold in December 2014 at AED 1,554 per sqft, 4% above what three-beds in Shoreline - Khushkar were fetching at the time (AED 1,495). 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. 802's AED 160,000 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 8th floor

All 132 units in Shoreline - Khushkar
Value
8012-bedAED 825K · Jul 2009
8033-bedAED 2.85M · Feb 2018
8041-bedAED 1.1M · Oct 2009
8052-bedAED 1.57M · Apr 2021
8062-bedAED 1.5M · Nov 2010
8072-bedAED 1.05M · Feb 2009
8082-bedAED 2M · Apr 2018
1–7 of 11

802, Shoreline - Khushkar in numbers

  • Sold twice: first on 1 November 2011 for AED 2,200,000, last on 30 December 2014 for AED 3,400,000 (AED 1,554 per sqft).
  • Rented since May 2012 on 2 Ejari contracts, from AED 147,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2014 price is 4.7%, before a service charge of about AED 34,300 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 30 December 2014.

Questions about 802, Shoreline - Khushkar

What did unit 802 last sell for?

AED 3,400,000 on 30 December 2014: AED 1,554 per sqft for 2,187 sqft. The unit has 2 registered sales; the first was AED 2,200,000 in November 2011.

What is the rent for unit 802?

AED 160,000 a year on the contract signed on 10 May 2013. The previous contract, from May 2012, was AED 147,000.

How big is unit 802?

2,187 sqft (203.2 sqm): a three-bedroom apartment on the 8th floor of a 11-storey tower completed in 2007.

What is unit 802 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 802, Shoreline - Khushkar

Starts from the last sale price (AED 3.4M, 30 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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