2-bed · 2,000 sqftShoreline - Khushkar, Palm Jumeirah · 8th floor · completed 2007

806, Shoreline - Khushkar

Sold prices and rental history: sold twice, last in November 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 21 February 2023
Last soldAED 1.5M25 November 2010
Current rentAED 150K /yr21 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Shoreline - Khushkar

What is 806 worth today?

Last sold for AED 1,500,000 in 2010

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21 Feb 2023RentedRenewal
AED 150,000/yr36 months · AED 75 per sqft
21 Feb 2020RentedRenewal
AED 150,000/yr36 months · AED 75 per sqft
21 Feb 2017RentedNew contract
AED 150,000/yr36 months · AED 75 per sqft
15 Mar 2015RentedNew contract
AED 150,000/yr36 months · AED 75 per sqft
8 Jan 2013RentedNew contract
AED 150,000/yr24 months · AED 75 per sqft
25 Nov 2010SoldReady
AED 1,500,000AED 750 per sqft
25 Jul 2010Sold by developerReady
AED 1,050,000AED 525 per sqft

Source: Dubai Land Department. Updated 21 February 2023.

Key facts

Type
2-bed apartment
Size
2,000 sqft
Floor
8th of 11
Parking
B2-127
Developer
Nakheel
Completed
2007
Service charge
AED 31,400 /yr
Last sold
AED 1.5M · November 2010

About 806, Shoreline - Khushkar

806 is a two-bedroom apartment of 2,000 sqft on the 8th floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 25 November 2010 for AED 1,500,000, or AED 750 per sqft, 17% below the AED 899 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 21 February 2023, is AED 150,000 a year: a gross yield of 10.0% on the 2010 price, before the service charge of about AED 31,400 a year.

Sales and rents for 806 over time

Sales
Unit 806, 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, July 2010: AED 1,050,000 (AED 525 per sqft)Sold, November 2010: AED 1,500,000 (AED 750 per sqft)

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

Rents
Unit 806, 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, January 2013: AED 150,000 a yearNew contract, March 2015: AED 150,000 a yearNew contract, February 2017: AED 150,000 a yearRenewal, February 2020: AED 150,000 a yearRenewal, February 2023: AED 150,000 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 806 sits

All 66 2-beds →

806 last sold in November 2010 at AED 750 per sqft, 17% below what two-beds in Shoreline - Khushkar were fetching at the time (AED 899). 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. 806's AED 150,000 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 8th floor

All 132 units in Shoreline - Khushkar
Value
8012-bedAED 825K · Jul 2009
8023-bedAED 3.4M · Dec 2014
8033-bedAED 2.85M · Feb 2018
8041-bedAED 1.1M · Oct 2009
8052-bedAED 1.57M · Apr 2021
8072-bedAED 1.05M · Feb 2009
8082-bedAED 2M · Apr 2018
1–7 of 11

806, Shoreline - Khushkar in numbers

  • Sold twice: first on 25 July 2010 for AED 1,050,000, last on 25 November 2010 for AED 1,500,000 (AED 750 per sqft).
  • Rented since January 2013 on 5 Ejari contracts, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2010 price is 10.0%, before a service charge of about AED 31,400 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 21 February 2023.

Questions about 806, Shoreline - Khushkar

What did unit 806 last sell for?

AED 1,500,000 on 25 November 2010: AED 750 per sqft for 2,000 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in July 2010.

What is the rent for unit 806?

AED 150,000 a year on the contract renewed on 21 February 2023. The previous contract, from February 2020, was AED 150,000; the unit has been rented since January 2013.

How big is unit 806?

2,000 sqft (185.8 sqm): a two-bedroom apartment on the 8th floor of a 11-storey tower completed in 2007.

What is unit 806 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 806, Shoreline - Khushkar

Starts from the last sale price (AED 1.5M, 25 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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