1-bed · 1,137 sqftShoreline - Nabat, Palm Jumeirah · 3rd floor

309, Shoreline - Nabat

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

Unit 309 · DLD and Ejari recordsUpdated 13 December 2024
Last soldAED 893K19 January 2010
Current rentAED 130K /yr13 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Shoreline - Nabat

What is 309 worth today?

Last sold for AED 893,000 in 2010

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13 Dec 2024RentedRenewal
AED 130,000/yr12 months · AED 114 per sqft
13 Dec 2023RentedRenewal
AED 130,000/yr12 months · AED 114 per sqft
13 Dec 2022RentedRenewal
AED 125,000/yr12 months · AED 110 per sqft
13 Dec 2021RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
21 Nov 2020RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
13 Feb 2020RentedNew contract
AED 90,000/yr12 months · AED 79 per sqft
2 Oct 2018RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
2 Oct 2017RentedRenewal
AED 137,500/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 13 December 2024.

Key facts

Type
1-bed apartment
Size
1,137 sqft
Floor
3rd of 9
Parking
EUB8B02C8
Service charge
AED 13,100 /yr
Last sold
AED 893K · January 2010

About 309, Shoreline - Nabat

309 is a one-bedroom apartment of 1,137 sqft on the 3rd floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. The developer sold it on 19 January 2010 for AED 893,000, or AED 785 per sqft, in line with the AED 805 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 13 December 2024, is AED 130,000 a year: a gross yield of 14.6% on the 2010 price, before the service charge of about AED 13,100 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Shoreline - Nabat
1M2M2009201320172021Typical sale price by year: 2009 AED 969,000; 2010 AED 910,000; 2011 AED 1,450,000; 2013 AED 1,800,000; 2021 AED 1,850,000; 2023 AED 2,400,000Sold by developer, January 2010: AED 893,000 (AED 785 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Shoreline - Nabat
100K150K2013201720212025Typical rent by year: 2013 AED 127,500; 2014 AED 140,000; 2015 AED 145,000; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 130,000; 2019 AED 115,000; 2020 AED 90,000; 2021 AED 105,000; 2022 AED 122,000; 2023 AED 147,500; 2024 AED 160,000; 2025 AED 156,000; 2026 AED 138,178New contract, September 2013: AED 130,000 a yearNew contract, October 2014: AED 140,000 a yearNew contract, October 2014: AED 140,000 a yearRenewal, October 2015: AED 140,000 a yearRenewal, October 2016: AED 140,000 a yearRenewal, October 2017: AED 137,500 a yearNew contract, October 2018: AED 125,000 a yearNew contract, February 2020: AED 90,000 a yearNew contract, November 2020: AED 80,000 a yearNew contract, December 2021: AED 125,000 a yearRenewal, December 2022: AED 125,000 a yearRenewal, December 2023: AED 130,000 a yearRenewal, December 2024: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Nabat, and where 309 sits

All 22 1-beds →

309 last sold in January 2010 at AED 785 per sqft, in line with what one-beds in Shoreline - Nabat were fetching at the time (AED 805). 309's AED 130,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Oct 20253,500,000
29 Oct 20243,450,000
17 Oct 20232,200,000
27 Sep 20232,300,000
0 1-bed sales 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
3023-bedAED 1.32M · Dec 2009
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
1–7 of 11

309, Shoreline - Nabat in numbers

  • Sold once: by the developer on 19 January 2010 for AED 893,000, or AED 785 per sqft.
  • Rented since September 2013 on 13 Ejari contracts. The rent fell from AED 130,000 to AED 80,000 in 2020 and recovered to AED 130,000 by December 2024.
  • At AED 130,000 a year the gross yield on the 2010 price is 14.6%, before a service charge of about AED 13,100 a year (AED 11.50 per sqft).

Source: Dubai Land Department. Updated 13 December 2024.

Questions about 309, Shoreline - Nabat

What did unit 309 last sell for?

AED 893,000 on 19 January 2010, sold by the developer: AED 785 per sqft for 1,137 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 130,000 a year on the contract renewed on 13 December 2024. The previous contract, from December 2023, was AED 130,000; the unit has been rented since September 2013.

How big is unit 309?

1,137 sqft (105.6 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 309, Shoreline - Nabat

Starts from the last sale price (AED 893K, 19 January 2010). Switch to today's estimate once you have unlocked it.
Price
AED 893,000
Deposit, UAE resident (20%)
AED 178,600
Deposit, non-resident (40%)
AED 357,200
Monthly over 25 years at 3.7%
AED 3,654

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