1003, Shoreline - Shahla
Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1003, Shoreline - Shahla
What is 1003 worth today?
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Source: Dubai Land Department. Updated 16 December 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,142 sqft
- Parking
- B2-135,B2-136
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 38,800 /yr
- Last sold
- AED 4.3M · December 2024
- Building
- Shoreline - Shahla
About 1003, Shoreline - Shahla
1003 is a three-bedroom apartment of 2,142 sqft of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 16 December 2024 for AED 4,300,000, or AED 2,007 per sqft, in line with the AED 2,009 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 19 November 2023, is AED 173,938 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 38,800 a year.
Sales and rents for 1003 over time
1003 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Shoreline - Shahla, and where 1003 sits
All 40 3-beds →1003 last sold in December 2024 at AED 2,007 per sqft, in line with what three-beds in Shoreline - Shahla were fetching at the time (AED 2,009). Over the last 12 months three-beds sold for AED 4,410,076 to 5,000,000, around AED 2,189 per sqft, and rent for AED 190,000 to 320,000 a year. 1003's AED 173,938 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 2,187 sqft | 4,999,999 | 2,286 | ||
| 5 Jun 20265 June 2026 | 2,142 sqft | 4,800,000 | 2,241 | ||
| 5 Jun 20265 June 2026 | 2,241 sqft | 4,700,000 | 2,096 | ||
| 23 Apr 202623 April 2026 | 2,223 sqft | 4,750,000 | 2,137 |
Shoreline - Shahla
Building108 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 13 sold in the last 12 months.
- Typical price per sqft
- AED 2,244 Up 1.9%
- Typical sale
- AED 4.18M
- Typical rent
- AED 180K /yr
- Typical yield
- 5.2%
1003, Shoreline - Shahla in numbers
- Sold twice: first on 10 September 2013 for AED 1,175,000, last on 16 December 2024 for AED 4,300,000 (AED 2,007 per sqft).
- Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 200,000 to AED 125,000 in 2020 and recovered to AED 173,938 by November 2023.
- At AED 173,938 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 38,800 a year (AED 18.13 per sqft).
- Three-beds in Shoreline - Shahla sold for AED 4,410,076–5,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,244 per sqft.
Source: Dubai Land Department. Updated 16 December 2024.
Questions about 1003, Shoreline - Shahla
What did unit 1003 last sell for?
AED 4,300,000 on 16 December 2024: AED 2,007 per sqft for 2,142 sqft. The unit has 2 registered sales; the first was AED 1,175,000 in September 2013.
What is the rent for unit 1003?
AED 173,938 a year on the contract renewed on 19 November 2023. The previous contract, from November 2022, was AED 151,250; the unit has been rented since September 2013.
How big is unit 1003?
2,142 sqft (199.0 sqm): a three-bedroom apartment of a 9-storey tower completed in 2007.
What is unit 1003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Shahla sold for AED 4,410,076 to 5,000,000 in the last 12 months, around AED 2,189 per sqft.
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Mortgage on 1003, Shoreline - Shahla
Starts from the last sale price (AED 4.3M, 16 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,300,000
- Deposit, UAE resident (20%)
- AED 860,000
- Deposit, non-resident (40%)
- AED 1,720,000
- Monthly over 25 years at 3.7%
- AED 17,593
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →