2-bed · 1,586 sqftShoreline - Sarrood, Palm Jumeirah · 3rd floor · completed 2007

301, Shoreline - Sarrood

Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 4 November 2021
Last soldAED 1.68M4 November 2021
Current rentAED 100K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Shoreline - Sarrood

What is 301 worth today?

Last sold for AED 1,675,000 in 2021

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4 Nov 2021SoldReady
AED 1,675,000AED 1,055 per sqft
1 Nov 2020RentedRenewal
AED 100,000/yr12 months · AED 63 per sqft
1 Nov 2019RentedRenewal
AED 100,000/yr12 months · AED 63 per sqft
1 Nov 2018RentedNew contract
AED 105,000/yr12 months · AED 66 per sqft
27 Sep 2017RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
17 Aug 2016RentedNew contract
AED 138,000/yr12 months · AED 87 per sqft
5 Jan 2016RentedNew contract
AED 160,000/yr12 months · AED 101 per sqft
22 Nov 2014RentedNew contract
AED 154,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 4 November 2021.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
3rd of 9
Parking
B2-28
Developer
Nakheel
Completed
2007
Service charge
AED 27,100 /yr
Last sold
AED 1.68M · November 2021

About 301, Shoreline - Sarrood

301 is a two-bedroom apartment of 1,586 sqft on the 3rd floor of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 4 November 2021 for AED 1,675,000, or AED 1,055 per sqft, 4% above the AED 1,012 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 10 Ejari contracts. The current contract, renewed on 1 November 2020, is AED 100,000 a year: a gross yield of 6.0% on the 2021 price, before the service charge of about AED 27,100 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in Shoreline - Sarrood
02M4M2009201420192024Typical sale price by year: 2009 AED 1,025,000; 2010 AED 1,575,000; 2011 AED 1,300,000; 2012 AED 1,585,000; 2013 AED 1,850,000; 2014 AED 2,350,000; 2015 AED 2,175,000; 2016 AED 2,250,000; 2017 AED 1,725,000; 2018 AED 1,700,000; 2019 AED 1,700,000; 2020 AED 1,395,000; 2021 AED 1,700,000; 2022 AED 2,200,000; 2023 AED 2,500,000; 2024 AED 3,280,000; 2025 AED 4,650,000; 2026 AED 3,725,000Sold by developer, May 2009: AED 400,000 (AED 252 per sqft)Sold, September 2011: AED 1,250,000 (AED 788 per sqft)Sold, November 2021: AED 1,675,000 (AED 1,055 per sqft)

301 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 301, each contractTypical two-bed in Shoreline - Sarrood
100K150K200K20112015201920232027Typical rent by year: 2012 AED 122,000; 2013 AED 129,500; 2014 AED 155,000; 2015 AED 160,000; 2016 AED 155,000; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 115,000; 2020 AED 105,000; 2021 AED 101,000; 2022 AED 114,000; 2023 AED 160,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 180,000New contract, November 2011: AED 125,000 a yearNew contract, November 2012: AED 130,000 a yearNew contract, November 2013: AED 140,000 a yearNew contract, November 2014: AED 154,000 a yearNew contract, January 2016: AED 160,000 a yearNew contract, August 2016: AED 138,000 a yearNew contract, September 2017: AED 120,000 a yearNew contract, November 2018: AED 105,000 a yearRenewal, November 2019: AED 100,000 a yearRenewal, November 2020: AED 100,000 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 - Sarrood, and where 301 sits

All 54 2-beds →

301 last sold in November 2021 at AED 1,055 per sqft, 4% above what two-beds in Shoreline - Sarrood were fetching at the time (AED 1,012). Over the last 12 months two-beds sold for AED 3,300,000 to 4,250,000, around AED 2,090 per sqft, and rent for AED 150,000 to 335,000 a year. 301's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Oct 20264,100,000
24 Aug 20264,250,000
11 Aug 20263,350,000
3 Jul 20263,300,000
4 2-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 →

Other units on the 3rd floor

All 108 units in Shoreline - Sarrood
Value
3023-bedAED 1.15M · Jun 2009
3033-bedAED 2M · Feb 2016
3041-bedAED 2.5M · Aug 2026
3052-bedAED 472K · Sep 2025
3062-bedAED 2.73M · Feb 2014
3072-bedAED 2.2M · Feb 2022
3082-bedAED 1.8M · Jan 2022
1–7 of 11

301, Shoreline - Sarrood in numbers

  • Sold 3 times: first on 14 May 2009 for AED 400,000, last on 4 November 2021 for AED 1,675,000 (AED 1,055 per sqft).
  • Rented since November 2011 on 10 Ejari contracts, from AED 125,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2021 price is 6.0%, before a service charge of about AED 27,100 a year (AED 17.10 per sqft).
  • Two-beds in Shoreline - Sarrood sold for AED 3,300,000–4,250,000 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 4 November 2021.

Questions about 301, Shoreline - Sarrood

What did unit 301 last sell for?

AED 1,675,000 on 4 November 2021: AED 1,055 per sqft for 1,586 sqft. The unit has 3 registered sales; the first was AED 400,000 in May 2009.

What is the rent for unit 301?

AED 100,000 a year on the contract renewed on 1 November 2020. The previous contract, from November 2019, was AED 100,000; the unit has been rented since November 2011.

How big is unit 301?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Sarrood sold for AED 3,300,000 to 4,250,000 in the last 12 months, around AED 2,090 per sqft.

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Mortgage on 301, Shoreline - Sarrood

Starts from the last sale price (AED 1.68M, 4 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,675,000
Deposit, UAE resident (20%)
AED 335,000
Deposit, non-resident (40%)
AED 670,000
Monthly over 25 years at 3.7%
AED 6,853

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