3-bed · 2,216 sqftShoreline - Nabat, Palm Jumeirah · 3rd floor

302, Shoreline - Nabat

Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 1.32M29 December 2009
Current rentAED 290K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Shoreline - Nabat

What is 302 worth today?

Last sold for AED 1,315,750 in 2009

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10 Mar 2025RentedRenewal
AED 290,000/yr12 months · AED 131 per sqft
10 Mar 2024RentedRenewal
AED 290,000/yr12 months · AED 131 per sqft
10 Mar 2023RentedNew contract
AED 290,000/yr12 months · AED 131 per sqft
1 Oct 2021RentedRenewal
AED 175,000/yr15 months · AED 79 per sqft
1 Oct 2020RentedRenewal
AED 165,000/yr12 months · AED 74 per sqft
1 Oct 2019RentedNew contract
AED 185,000/yr12 months · AED 83 per sqft
15 May 2019RentedNew contract
AED 178,000/yr12 months · AED 80 per sqft
20 Feb 2018RentedNew contract
AED 210,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
3-bed apartment
Size
2,216 sqft
Floor
3rd of 9
Parking
EUB8B02C125 , EUB8B02C41
Service charge
AED 25,500 /yr
Last sold
AED 1.32M · December 2009

About 302, Shoreline - Nabat

302 is a three-bedroom apartment of 2,216 sqft on the 3rd floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. The developer sold it on 29 December 2009 for AED 1,315,750, or AED 593 per sqft, 15% below the AED 694 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 10 March 2025, is AED 290,000 a year: a gross yield of 22.0% on the 2009 price, before the service charge of about AED 25,500 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical three-bed in Shoreline - Nabat
2M4M20092013201720212025Typical sale price by year: 2009 AED 1,539,000; 2010 AED 1,603,000; 2011 AED 2,475,000; 2012 AED 2,885,000; 2013 AED 3,550,000; 2014 AED 4,000,000; 2018 AED 2,100,000; 2020 AED 2,000,000; 2023 AED 4,200,000; 2024 AED 4,850,000Sold by developer, December 2009: AED 1,315,750 (AED 593 per sqft)

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

Rents
Unit 302, each contractTypical three-bed in Shoreline - Nabat
200K300K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 173,500; 2014 AED 200,000; 2015 AED 210,000; 2016 AED 210,000; 2017 AED 199,174; 2018 AED 173,500; 2019 AED 160,000; 2020 AED 140,000; 2021 AED 141,875; 2022 AED 160,850; 2023 AED 173,250; 2024 AED 233,000; 2025 AED 241,500; 2026 AED 240,000New contract, March 2016: AED 240,000 a yearNew contract, February 2018: AED 210,000 a yearNew contract, May 2019: AED 178,000 a yearNew contract, October 2019: AED 185,000 a yearRenewal, October 2020: AED 165,000 a yearRenewal, October 2021: AED 175,000 a yearNew contract, March 2023: AED 290,000 a yearRenewal, March 2024: AED 290,000 a yearRenewal, March 2025: AED 290,000 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 - Nabat, and where 302 sits

All 39 3-beds →

302 last sold in December 2009 at AED 593 per sqft, 15% below what three-beds in Shoreline - Nabat were fetching at the time (AED 694). Over the last 12 months three-beds sold for AED 5,400,000, around AED 2,429 per sqft, and rent for AED 100,000 to 410,000 a year. 302's AED 290,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Dec 20255,400,000
16 Apr 20255,700,000
8 Oct 20245,500,000
24 Jun 20244,850,000
1 3-bed sale in the last 12 months

Shoreline - Nabat

Building

119 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah. 5 sold in the last 12 months.

Typical price per sqft
AED 3,254
Typical sale
AED 5.9M
Typical rent
AED 214K /yr
Typical yield
3.5%
Shoreline - Nabat, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 119 units in Shoreline - Nabat
Value
3012-bedAED 1.9M · Jan 2022
3033-bedAED 4M · Sep 2014
3041-bedAED 2M · Oct 2021
3052-bedAED 1.2M · Dec 2009
3062-bedAED 1.54M · Dec 2009
3072-bedAED 1.75M · Jan 2010
3082-bedAED 2.48M · Dec 2010
1–7 of 11

302, Shoreline - Nabat in numbers

  • Sold once: by the developer on 29 December 2009 for AED 1,315,750, or AED 593 per sqft.
  • Rented since March 2016 on 9 Ejari contracts. The rent fell from AED 240,000 to AED 165,000 in 2020 and recovered to AED 290,000 by March 2025.
  • At AED 290,000 a year the gross yield on the 2009 price is 22.0%, before a service charge of about AED 25,500 a year (AED 11.50 per sqft).
  • Three-beds in Shoreline - Nabat sold for AED 5,400,000–5,400,000 in the 12 months to November 2026; the building's median across all types is AED 3,254 per sqft.

Source: Dubai Land Department. Updated 10 March 2025.

Questions about 302, Shoreline - Nabat

What did unit 302 last sell for?

AED 1,315,750 on 29 December 2009, sold by the developer: AED 593 per sqft for 2,216 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 290,000 a year on the contract renewed on 10 March 2025. The previous contract, from March 2024, was AED 290,000; the unit has been rented since March 2016.

How big is unit 302?

2,216 sqft (205.9 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Nabat sold for AED 5,400,000 to 5,400,000 in the last 12 months, around AED 2,429 per sqft.

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Mortgage on 302, Shoreline - Nabat

Starts from the last sale price (AED 1.32M, 29 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,315,750
Deposit, UAE resident (20%)
AED 263,150
Deposit, non-resident (40%)
AED 526,300
Monthly over 25 years at 3.7%
AED 5,383

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