3-bed · 2,140 sqftShoreline - Nabat, Palm Jumeirah · 9th floor

PH03, Shoreline - Nabat

Sold prices and rental history: sold 6 times, last in September 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PH03 · DLD and Ejari recordsUpdated 15 September 2023
Last soldAED 5.1M15 September 2023
Current rentAED 48K /yr14 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PH03, Shoreline - Nabat

What is PH03 worth today?

Last sold for AED 5,100,000 in 2023

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15 Sep 2023SoldReady
AED 5,100,000AED 2,383 per sqft
9 Jul 2020SoldReady
AED 2,300,000AED 1,074 per sqft
9 Oct 2018SoldReady
AED 2,000,000AED 934 per sqft
14 Jun 2017RentedNew contract · flagged as an outlier
AED 48,000/yr12 months · AED 22 per sqft
13 Jun 2017RentedNew contract · flagged as an outlier
AED 48,000/yr12 months · AED 22 per sqft
11 Jun 2017RentedNew contract · flagged as an outlier
AED 48,000/yr12 months · AED 22 per sqft
29 May 2017RentedNew contract · flagged as an outlier
AED 48,000/yr12 months · AED 22 per sqft
24 Apr 2017RentedNew contract
AED 60,000/yr12 months · AED 28 per sqft

Source: Dubai Land Department. Updated 15 September 2023.

Key facts

Type
3-bed apartment
Size
2,140 sqft
Floor
9th of 9
Parking
EUB8B02C152 & EUB8B02C153
Service charge
AED 24,600 /yr
Last sold
AED 5.1M · September 2023

About PH03, Shoreline - Nabat

PH03 is a three-bedroom apartment of 2,140 sqft on the 9th floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. It last sold on 15 September 2023 for AED 5,100,000, or AED 2,383 per sqft, 28% above the AED 1,856 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 14 June 2017, is AED 48,000 a year: a gross yield of 0.9% on the 2023 price, before the service charge of about AED 24,600 a year.

Sales and rents for PH03 over time

Sales
Unit PH03, 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, March 2010: AED 1,618,500 (AED 756 per sqft)Sold, February 2011: AED 2,475,000 (AED 1,156 per sqft)Sold, March 2011: AED 3,285,000 (AED 1,535 per sqft)Sold, October 2018: AED 2,000,000 (AED 934 per sqft)Sold, July 2020: AED 2,300,000 (AED 1,074 per sqft)Sold, September 2023: AED 5,100,000 (AED 2,383 per sqft)

PH03 has sold 6 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit PH03, each contractTypical three-bed in Shoreline - Nabat
100K200K2012201620202024Typical 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, April 2017: AED 60,000 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 PH03 sits

All 39 3-beds →

PH03 last sold in September 2023 at AED 2,383 per sqft, 28% above what three-beds in Shoreline - Nabat were fetching at the time (AED 1,856). 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. PH03's AED 48,000 is at the bottom 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 9th floor

All 119 units in Shoreline - Nabat
Value
PH014-bedAED 11.1M · Dec 2024
PH023-bedAED 3.83M · Jan 2015
PH041-bedAED 2.55M · May 2023
PH052-bedAED 1.59M · Mar 2010
PH06PenthouseAED 7.5M · Feb 2011
PH07PenthouseAED 11M · Apr 2015
PH082-bedAED 4.35M · Aug 2023
1–7 of 11

PH03, Shoreline - Nabat in numbers

  • Sold 6 times: first on 15 March 2010 for AED 1,618,500, last on 15 September 2023 for AED 5,100,000 (AED 2,383 per sqft).
  • Rented since April 2017 on 5 Ejari contracts, from AED 60,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2023 price is 0.9%, before a service charge of about AED 24,600 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 15 September 2023.

Questions about PH03, Shoreline - Nabat

What did unit PH03 last sell for?

AED 5,100,000 on 15 September 2023: AED 2,383 per sqft for 2,140 sqft. The unit has 6 registered sales; the first was AED 1,618,500 in March 2010.

What is the rent for unit PH03?

AED 48,000 a year on the contract signed on 14 June 2017. The previous contract, from June 2017, was AED 48,000; the unit has been rented since April 2017.

How big is unit PH03?

2,140 sqft (198.8 sqm): a three-bedroom apartment on the 9th floor of a 9-storey tower.

What is unit PH03 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 PH03, Shoreline - Nabat

Starts from the last sale price (AED 5.1M, 15 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,100,000
Deposit, UAE resident (20%)
AED 1,020,000
Deposit, non-resident (40%)
AED 2,040,000
Monthly over 25 years at 3.7%
AED 20,866

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