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3-bed · 2,142 sqftShoreline - Sarrood, Palm Jumeirah · completed 2007

1010, Shoreline - Sarrood

Sold prices and rental history: sold twice, last in November 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1010 · DLD and Ejari recordsUpdated 29 November 2018
Last soldAED 2.1M29 November 2018
Current rentAED 180K /yr11 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1010, Shoreline - Sarrood

What is 1010 worth today?

Last sold for AED 2,100,000 in 2018

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29 Nov 2018SoldReady
AED 2,100,000AED 980 per sqft
11 Jan 2018RentedRenewal
AED 180,000/yr12 months · AED 84 per sqft
11 Jan 2017RentedRenewal
AED 190,000/yr12 months · AED 89 per sqft
11 Jan 2016RentedRenewal
AED 190,000/yr12 months · AED 89 per sqft
11 Jan 2015RentedNew contract
AED 190,000/yr12 months · AED 89 per sqft
9 Jan 2013RentedNew contract
AED 147,000/yr12 months · AED 69 per sqft
22 Apr 2009Sold by developerReady
AED 1,175,000AED 548 per sqft

Source: Dubai Land Department. Updated 29 November 2018.

Key facts

Type
3-bed apartment
Size
2,142 sqft
Parking
B1-63,B1-64
Developer
Nakheel
Completed
2007
Service charge
AED 36,600 /yr
Last sold
AED 2.1M · November 2018
Building
Shoreline - Sarrood

About 1010, Shoreline - Sarrood

1010 is a three-bedroom apartment of 2,142 sqft of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 29 November 2018 for AED 2,100,000, or AED 980 per sqft, in line with the AED 984 three-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 11 January 2018, is AED 180,000 a year: a gross yield of 8.6% on the 2018 price, before the service charge of about AED 36,600 a year.

Sales and rents for 1010 over time

Sales
Unit 1010, each saleTypical three-bed in Shoreline - Sarrood
2M4M2009201420192024Typical sale price by year: 2009 AED 1,175,000; 2010 AED 1,700,000; 2011 AED 1,495,000; 2012 AED 2,100,000; 2013 AED 2,392,500; 2014 AED 2,925,000; 2015 AED 2,250,000; 2016 AED 1,750,000; 2017 AED 2,600,000; 2018 AED 2,121,546; 2021 AED 2,250,000; 2023 AED 3,020,000; 2024 AED 3,546,167; 2026 AED 4,999,999Sold by developer, April 2009: AED 1,175,000 (AED 548 per sqft)Sold, November 2018: AED 2,100,000 (AED 980 per sqft)

1010 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1010, each contractTypical three-bed in Shoreline - Sarrood
150K200K250K2012201620202024Typical rent by year: 2012 AED 162,500; 2013 AED 165,000; 2014 AED 181,500; 2015 AED 190,000; 2016 AED 185,000; 2017 AED 175,000; 2018 AED 160,000; 2019 AED 145,000; 2020 AED 131,000; 2021 AED 132,500; 2022 AED 160,000; 2023 AED 187,500; 2024 AED 220,000; 2025 AED 235,000; 2026 AED 220,000New contract, January 2013: AED 147,000 a yearNew contract, January 2015: AED 190,000 a yearRenewal, January 2016: AED 190,000 a yearRenewal, January 2017: AED 190,000 a yearRenewal, January 2018: AED 180,000 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 - Sarrood, and where 1010 sits

All 40 3-beds →

1010 last sold in November 2018 at AED 980 per sqft, in line with what three-beds in Shoreline - Sarrood were fetching at the time (AED 984). Over the last 12 months three-beds sold for AED 4,950,000 to 6,400,000, around AED 2,313 per sqft, and rent for AED 130,000 to 359,035 a year. 1010's AED 180,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
15 Oct 20265,300,000
22 Sep 20264,999,999
3 Sep 20264,950,000
26 Feb 20264,975,000
6 3-bed sales in the last 12 months

Shoreline - Sarrood

Building

108 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 12 sold in the last 12 months.

Typical price per sqft
AED 2,305
Typical sale
AED 4.6M
Typical rent
AED 180K /yr
Typical yield
4.6%
Shoreline - Sarrood, Palm Jumeirah: prices, sales and rents →

1010, Shoreline - Sarrood in numbers

  • Sold twice: first on 22 April 2009 for AED 1,175,000, last on 29 November 2018 for AED 2,100,000 (AED 980 per sqft).
  • Rented since January 2013 on 5 Ejari contracts, from AED 147,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2018 price is 8.6%, before a service charge of about AED 36,600 a year (AED 17.10 per sqft).
  • Three-beds in Shoreline - Sarrood sold for AED 4,950,000–6,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,305 per sqft.

Source: Dubai Land Department. Updated 29 November 2018.

Questions about 1010, Shoreline - Sarrood

What did unit 1010 last sell for?

AED 2,100,000 on 29 November 2018: AED 980 per sqft for 2,142 sqft. The unit has 2 registered sales; the first was AED 1,175,000 in April 2009.

What is the rent for unit 1010?

AED 180,000 a year on the contract renewed on 11 January 2018. The previous contract, from January 2017, was AED 190,000; the unit has been rented since January 2013.

How big is unit 1010?

2,142 sqft (199.0 sqm): a three-bedroom apartment of a 9-storey tower completed in 2007.

What is unit 1010 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Sarrood sold for AED 4,950,000 to 6,400,000 in the last 12 months, around AED 2,313 per sqft.

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Mortgage on 1010, Shoreline - Sarrood

Starts from the last sale price (AED 2.1M, 29 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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