3-bed · 2,218 sqftShoreline - Shahla, Palm Jumeirah · 3rd floor · completed 2007

302, Shoreline - Shahla

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

Unit 302 · DLD and Ejari recordsUpdated 4 July 2023
Last soldAED 2.6M13 June 2022
Current rentAED 215K /yr4 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Shoreline - Shahla

What is 302 worth today?

Last sold for AED 2,600,000 in 2022

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4 Jul 2023RentedRenewal
AED 215,250/yr12 months · AED 97 per sqft
4 Jul 2022RentedNew contract
AED 205,000/yr12 months · AED 92 per sqft
13 Jun 2022SoldReady
AED 2,600,000AED 1,172 per sqft
1 Jun 2021RentedRenewal
AED 135,000/yr12 months · AED 61 per sqft
1 Jun 2020RentedRenewal
AED 135,000/yr12 months · AED 61 per sqft
1 Jun 2019RentedNew contract
AED 140,000/yr12 months · AED 63 per sqft
1 Apr 2018SoldReady
AED 1,996,364AED 900 per sqft
2 Nov 2013RentedNew contract
AED 145,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 4 July 2023.

Key facts

Type
3-bed apartment
Size
2,218 sqft
Floor
3rd of 9
Parking
B2-6,B2-7
Developer
Nakheel
Completed
2007
Service charge
AED 40,200 /yr
Last sold
AED 2.6M · June 2022

About 302, Shoreline - Shahla

302 is a three-bedroom apartment of 2,218 sqft on the 3rd floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 13 June 2022 for AED 2,600,000, or AED 1,172 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 4 July 2023, is AED 215,250 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 40,200 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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 2,927,536 (AED 1,319 per sqft)Sold, April 2018: AED 1,996,364 (AED 900 per sqft)Sold, June 2022: AED 2,600,000 (AED 1,172 per sqft)

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

Rents
Unit 302, 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, November 2013: AED 145,000 a yearNew contract, June 2019: AED 140,000 a yearRenewal, June 2020: AED 135,000 a yearRenewal, June 2021: AED 135,000 a yearNew contract, July 2022: AED 205,000 a yearRenewal, July 2023: AED 215,250 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 302 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. 302's AED 215,250 is in the lower 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 3rd floor

All 108 units in Shoreline - Shahla
Value
3012-bedAED 2.12M · Aug 2013
3033-bedAED 1.15M · Nov 2012
3041-bedAED 1.45M · May 2022
3052-bedAED 1.9M · Jan 2018
3062-bedAED 2.55M · Jan 2014
3072-bedAED 3.15M · Jun 2023
3082-bedAED 3.89M · Oct 2025
1–7 of 11

302, Shoreline - Shahla in numbers

  • Sold 3 times: first on 19 April 2009 for AED 2,927,536, last on 13 June 2022 for AED 2,600,000 (AED 1,172 per sqft).
  • Rented since November 2013 on 6 Ejari contracts, from AED 145,000 to AED 215,250 a year.
  • At AED 215,250 a year the gross yield on the 2022 price is 8.3%, before a service charge of about AED 40,200 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 4 July 2023.

Questions about 302, Shoreline - Shahla

What did unit 302 last sell for?

AED 2,600,000 on 13 June 2022: AED 1,172 per sqft for 2,218 sqft. The unit has 3 registered sales; the first was AED 2,927,536 in April 2009.

What is the rent for unit 302?

AED 215,250 a year on the contract renewed on 4 July 2023. The previous contract, from July 2022, was AED 205,000; the unit has been rented since November 2013.

How big is unit 302?

2,218 sqft (206.1 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 302 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 302, Shoreline - Shahla

Starts from the last sale price (AED 2.6M, 13 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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