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

211, Shoreline - Shahla

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 211 · DLD and Ejari recordsUpdated 14 April 2023
Last soldAED 2.5M29 July 2022
Current rentAED 132K /yr14 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Shoreline - Shahla

What is 211 worth today?

Last sold for AED 2,500,000 in 2022

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14 Apr 2023RentedNew contract
AED 132,250/yr12 months · AED 60 per sqft
29 Jul 2022SoldReady
AED 2,500,000AED 1,132 per sqft
15 Apr 2022RentedRenewal
AED 132,250/yr12 months · AED 60 per sqft
15 Apr 2021RentedNew contract
AED 115,000/yr12 months · AED 52 per sqft
26 Aug 2020RentedRenewal
AED 130,000/yr6 months · AED 59 per sqft
26 Aug 2019RentedRenewal
AED 140,000/yr12 months · AED 63 per sqft
26 Aug 2018RentedNew contract
AED 145,000/yr12 months · AED 66 per sqft
9 Aug 2017RentedRenewal
AED 187,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 14 April 2023.

Key facts

Type
3-bed apartment
Size
2,207 sqft
Floor
2nd of 9
Parking
B2-10,B2-11
Developer
Nakheel
Completed
2007
Service charge
AED 40,000 /yr
Last sold
AED 2.5M · July 2022

About 211, Shoreline - Shahla

211 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 July 2022 for AED 2,500,000, or AED 1,132 per sqft, in line with the AED 1,159 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 14 April 2023, is AED 132,250 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 40,000 a year.

Sales and rents for 211 over time

Sales
Unit 211, 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, June 2016: AED 2,600,000 (AED 1,178 per sqft)Sold, July 2022: AED 2,500,000 (AED 1,132 per sqft)

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

Rents
Unit 211, 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, June 2013: AED 162,000 a yearNew contract, August 2014: AED 185,000 a yearNew contract, August 2015: AED 203,000 a yearNew contract, August 2016: AED 190,000 a yearRenewal, August 2017: AED 187,000 a yearNew contract, August 2018: AED 145,000 a yearRenewal, August 2019: AED 140,000 a yearRenewal, August 2020: AED 130,000 a yearNew contract, April 2021: AED 115,000 a yearRenewal, April 2022: AED 132,250 a yearNew contract, April 2023: AED 132,250 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 211 sits

All 40 3-beds →

211 last sold in July 2022 at AED 1,132 per sqft, in line with what three-beds in Shoreline - Shahla were fetching at the time (AED 1,159). 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. 211's AED 132,250 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
2023-bedAED 2.8M · Dec 2014
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
1–7 of 11

211, Shoreline - Shahla in numbers

  • Sold 3 times: first on 20 April 2009 for AED 1,150,000, last on 29 July 2022 for AED 2,500,000 (AED 1,132 per sqft).
  • Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 162,000 to AED 115,000 in 2021 and recovered to AED 132,250 by April 2023.
  • At AED 132,250 a year the gross yield on the 2022 price is 5.3%, 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 14 April 2023.

Questions about 211, Shoreline - Shahla

What did unit 211 last sell for?

AED 2,500,000 on 29 July 2022: AED 1,132 per sqft for 2,207 sqft. The unit has 3 registered sales; the first was AED 1,150,000 in April 2009.

What is the rent for unit 211?

AED 132,250 a year on the contract signed on 14 April 2023. The previous contract, from April 2022, was AED 132,250; the unit has been rented since June 2013.

How big is unit 211?

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 211 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 211, Shoreline - Shahla

Starts from the last sale price (AED 2.5M, 29 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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