3-bed · 2,221 sqftShoreline - Sarrood, Palm Jumeirah · 3rd floor · completed 2007

311, Shoreline - Sarrood

Sold prices and rental history: sold twice, last in September 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 19 September 2021
Last soldAED 2.15M19 September 2021
Current rentAED 125K /yr25 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Shoreline - Sarrood

What is 311 worth today?

Last sold for AED 2,150,000 in 2021

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19 Sep 2021SoldReady
AED 2,150,000AED 967 per sqft
25 Jul 2021RentedNew contract
AED 125,000/yr12 months · AED 56 per sqft
3 Sep 2020RentedRenewal
AED 125,000/yr12 months · AED 56 per sqft
3 Sep 2019RentedRenewal
AED 150,000/yr12 months · AED 68 per sqft
3 Sep 2018RentedRenewal
AED 165,000/yr12 months · AED 74 per sqft
3 Sep 2017RentedRenewal
AED 185,250/yr12 months · AED 84 per sqft
3 Sep 2016RentedRenewal
AED 195,000/yr12 months · AED 88 per sqft
3 Sep 2015RentedRenewal
AED 195,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 19 September 2021.

Key facts

Type
3-bed apartment
Size
2,221 sqft
Floor
3rd of 9
Parking
B2-53,B2-54
Developer
Nakheel
Completed
2007
Service charge
AED 38,000 /yr
Last sold
AED 2.15M · September 2021

About 311, Shoreline - Sarrood

311 is a three-bedroom apartment of 2,221 sqft on the 3rd floor of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 19 September 2021 for AED 2,150,000, or AED 967 per sqft, in line with the AED 967 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 25 July 2021, is AED 125,000 a year: a gross yield of 5.8% on the 2021 price, before the service charge of about AED 38,000 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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, May 2009: AED 1,150,000 (AED 517 per sqft)Sold, September 2021: AED 2,150,000 (AED 967 per sqft)

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

Rents
Unit 311, 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, October 2013: AED 165,000 a yearNew contract, September 2014: AED 195,000 a yearRenewal, September 2015: AED 195,000 a yearRenewal, September 2016: AED 195,000 a yearRenewal, September 2017: AED 185,250 a yearRenewal, September 2018: AED 165,000 a yearRenewal, September 2019: AED 150,000 a yearRenewal, September 2020: AED 125,000 a yearNew contract, July 2021: AED 125,000 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 311 sits

All 40 3-beds →

311 last sold in September 2021 at AED 967 per sqft, in line with what three-beds in Shoreline - Sarrood were fetching at the time (AED 967). 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. 311's AED 125,000 is at the bottom 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 →

Other units on the 3rd floor

All 108 units in Shoreline - Sarrood
Value
3012-bedAED 1.68M · Nov 2021
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
1–7 of 11

311, Shoreline - Sarrood in numbers

  • Sold twice: first on 13 May 2009 for AED 1,150,000, last on 19 September 2021 for AED 2,150,000 (AED 967 per sqft).
  • Rented since October 2013 on 9 Ejari contracts, from AED 165,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2021 price is 5.8%, before a service charge of about AED 38,000 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 19 September 2021.

Questions about 311, Shoreline - Sarrood

What did unit 311 last sell for?

AED 2,150,000 on 19 September 2021: AED 967 per sqft for 2,221 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in May 2009.

What is the rent for unit 311?

AED 125,000 a year on the contract signed on 25 July 2021. The previous contract, from September 2020, was AED 125,000; the unit has been rented since October 2013.

How big is unit 311?

2,221 sqft (206.3 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 311 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 311, Shoreline - Sarrood

Starts from the last sale price (AED 2.15M, 19 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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