3-bed · 2,157 sqftShoreline - Shahla, Palm Jumeirah · 2nd floor · completed 2007

203, Shoreline - Shahla

Sold prices and rental history: sold twice, last in November 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 16 March 2026
Last soldAED 2.97M21 November 2016
Current rentAED 260K /yr16 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Shoreline - Shahla

What is 203 worth today?

Last sold for AED 2,970,000 in 2016

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16 Mar 2026RentedRenewal
AED 260,000/yr12 months · AED 121 per sqft
16 Mar 2025RentedRenewal
AED 260,000/yr12 months · AED 121 per sqft
16 Mar 2025RentedRenewal
AED 260,000/yr12 months · AED 121 per sqft
16 Mar 2024RentedNew contract
AED 260,000/yr12 months · AED 121 per sqft
10 Mar 2023RentedRenewal
AED 165,000/yr12 months · AED 76 per sqft
10 Mar 2022RentedRenewal
AED 157,000/yr12 months · AED 73 per sqft
10 Mar 2021RentedRenewal
AED 145,000/yr12 months · AED 67 per sqft
10 Mar 2020RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 16 March 2026.

Key facts

Type
3-bed apartment
Size
2,157 sqft
Floor
2nd of 9
Parking
B2-16,B2-17
Developer
Nakheel
Completed
2007
Service charge
AED 39,100 /yr
Last sold
AED 2.97M · November 2016

About 203, Shoreline - Shahla

203 is a three-bedroom apartment of 2,157 sqft on the 2nd floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 21 November 2016 for AED 2,970,000, or AED 1,376 per sqft, in line with the AED 1,376 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 16 March 2026, is AED 260,000 a year: a gross yield of 8.8% on the 2016 price, before the service charge of about AED 39,100 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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 533 per sqft)Sold, November 2016: AED 2,970,000 (AED 1,376 per sqft)

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

Rents
Unit 203, each contractTypical three-bed in Shoreline - Shahla
200K2012201620202024Typical 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, March 2020: AED 150,000 a yearRenewal, March 2021: AED 145,000 a yearRenewal, March 2022: AED 157,000 a yearRenewal, March 2023: AED 165,000 a yearNew contract, March 2024: AED 260,000 a yearRenewal, March 2025: AED 260,000 a yearRenewal, March 2025: AED 260,000 a yearRenewal, March 2026: AED 260,000 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 203 sits

All 40 3-beds →

203 last sold in November 2016 at AED 1,376 per sqft, in line with what three-beds in Shoreline - Shahla were fetching at the time (AED 1,376). 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. 203's AED 260,000 is in the upper half 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
2023-bedAED 2.8M · Dec 2014
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

203, Shoreline - Shahla in numbers

  • Sold twice: first on 20 April 2009 for AED 1,150,000, last on 21 November 2016 for AED 2,970,000 (AED 1,376 per sqft).
  • Rented since March 2020 on 8 Ejari contracts, from AED 150,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2016 price is 8.8%, before a service charge of about AED 39,100 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 March 2026.

Questions about 203, Shoreline - Shahla

What did unit 203 last sell for?

AED 2,970,000 on 21 November 2016: AED 1,376 per sqft for 2,157 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in April 2009.

What is the rent for unit 203?

AED 260,000 a year on the contract renewed on 16 March 2026. The previous contract, from March 2025, was AED 260,000; the unit has been rented since March 2020.

How big is unit 203?

2,157 sqft (200.4 sqm): a three-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2007.

What is unit 203 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 203, Shoreline - Shahla

Starts from the last sale price (AED 2.97M, 21 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,970,000
Deposit, UAE resident (20%)
AED 594,000
Deposit, non-resident (40%)
AED 1,188,000
Monthly over 25 years at 3.7%
AED 12,151

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