3-bed · 2,207 sqftShoreline - Shahla, Palm Jumeirah · 2nd floor · completed 2007

202, Shoreline - Shahla

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 15 December 2020
Last soldAED 2.8M29 December 2014
Current rentAED 150K /yr15 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Shoreline - Shahla

What is 202 worth today?

Last sold for AED 2,800,000 in 2014

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15 Dec 2020RentedNew contract
AED 150,000/yr12 months · AED 68 per sqft
1 Jan 2020RentedNew contract
AED 165,000/yr12 months · AED 74 per sqft
1 Aug 2019RentedRenewal
AED 195,000/yr5 months · AED 88 per sqft
1 Aug 2018RentedNew contract
AED 195,000/yr12 months · AED 88 per sqft
29 Dec 2014SoldReady
AED 2,800,000AED 1,268 per sqft
15 Sep 2014RentedNew contract
AED 180,000/yr6 months · AED 81 per sqft
15 Sep 2013RentedNew contract
AED 170,000/yr12 months · AED 77 per sqft
1 May 2013RentedNew contract
AED 46,670/yr4 months · AED 21 per sqft

Source: Dubai Land Department. Updated 15 December 2020.

Key facts

Type
3-bed apartment
Size
2,207 sqft
Floor
2nd of 9
Parking
B2-19,B2-20
Developer
Nakheel
Completed
2007
Service charge
AED 40,000 /yr
Last sold
AED 2.8M · December 2014

About 202, Shoreline - Shahla

202 is a three-bedroom apartment of 2,207 sqft on the 2nd floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 29 December 2014 for AED 2,800,000, or AED 1,268 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 December 2020, is AED 150,000 a year: a gross yield of 5.4% on the 2014 price, before the service charge of about AED 40,000 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical three-bed in Shoreline - Shahla
2M4M2009201420192024Typical sale price by year: 2009 AED 1,175,000; 2011 AED 1,740,000; 2012 AED 1,675,000; 2015 AED 2,650,000; 2016 AED 2,847,500; 2021 AED 1,750,000; 2022 AED 2,535,000; 2023 AED 3,675,000; 2025 AED 4,875,000; 2026 AED 4,775,000Sold by developer, April 2009: AED 1,150,000 (AED 521 per sqft)Sold, December 2014: AED 2,800,000 (AED 1,268 per sqft)

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

Rents
Unit 202, each contractTypical three-bed in Shoreline - Shahla
100K200K2012201620202024Typical rent by year: 2012 AED 145,000; 2013 AED 170,000; 2014 AED 190,000; 2015 AED 190,344; 2016 AED 185,000; 2017 AED 175,000; 2018 AED 160,000; 2019 AED 142,500; 2020 AED 137,500; 2021 AED 135,000; 2022 AED 151,250; 2023 AED 173,938; 2024 AED 215,500; 2025 AED 260,000; 2026 AED 230,000New contract, May 2013: AED 46,670 a yearNew contract, September 2013: AED 170,000 a yearNew contract, September 2014: AED 180,000 a yearNew contract, August 2018: AED 195,000 a yearRenewal, August 2019: AED 195,000 a yearNew contract, January 2020: AED 165,000 a yearNew contract, December 2020: AED 150,000 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 - Shahla, and where 202 sits

All 40 3-beds →

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. 202's AED 150,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Aug 20264,999,999
5 Jun 20264,800,000
5 Jun 20264,700,000
23 Apr 20264,750,000
6 3-bed sales in the last 12 months

Shoreline - Shahla

Building

108 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%
Shoreline - Shahla, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 108 units in Shoreline - Shahla
Value
2012-bedAED 1.38M · Jun 2019
2033-bedAED 2.97M · Nov 2016
2041-bedAED 600K · Apr 2009
2052-bedAED 2.15M · Oct 2013
2062-bedAED 1.42M · Oct 2019
2072-bedAED 1.5M · Dec 2018
2082-bedAED 2M · Sep 2016
1–7 of 11

202, Shoreline - Shahla in numbers

  • Sold twice: first on 21 April 2009 for AED 1,150,000, last on 29 December 2014 for AED 2,800,000 (AED 1,268 per sqft).
  • Rented since May 2013 on 7 Ejari contracts, from AED 46,670 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2014 price is 5.4%, before a service charge of about AED 40,000 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 15 December 2020.

Questions about 202, Shoreline - Shahla

What did unit 202 last sell for?

AED 2,800,000 on 29 December 2014: AED 1,268 per sqft for 2,207 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in April 2009.

What is the rent for unit 202?

AED 150,000 a year on the contract signed on 15 December 2020. The previous contract, from January 2020, was AED 165,000; the unit has been rented since May 2013.

How big is unit 202?

2,207 sqft (205.0 sqm): a three-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2007.

What is unit 202 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 202, Shoreline - Shahla

Starts from the last sale price (AED 2.8M, 29 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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