2-bed · 1,551 sqftShoreline - Shahla, Palm Jumeirah · 3rd floor · completed 2007

305, Shoreline - Shahla

Sold prices and rental history: sold twice, last in January 2018, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 13 April 2023
Last soldAED 1.9M3 January 2018
Current rentAED 155K /yr13 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Shoreline - Shahla

What is 305 worth today?

Last sold for AED 1,900,000 in 2018

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13 Apr 2023RentedRenewal
AED 155,000/yr12 months · AED 100 per sqft
13 Apr 2022RentedNew contract
AED 155,000/yr12 months · AED 100 per sqft
3 Jan 2018SoldReady
AED 1,900,000AED 1,225 per sqft
28 Feb 2016RentedNew contract
AED 155,000/yr12 months · AED 100 per sqft
20 Apr 2009Sold by developerReady
AED 790,000AED 509 per sqft

Source: Dubai Land Department. Updated 13 April 2023.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
3rd of 9
Parking
B2-2
Developer
Nakheel
Completed
2007
Service charge
AED 28,100 /yr
Last sold
AED 1.9M · January 2018

About 305, Shoreline - Shahla

305 is a two-bedroom apartment of 1,551 sqft on the 3rd floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 3 January 2018 for AED 1,900,000, or AED 1,225 per sqft.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 13 April 2023, is AED 155,000 a year: a gross yield of 8.2% on the 2018 price, before the service charge of about AED 28,100 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in Shoreline - Shahla
2M4M2009201420192024Typical sale price by year: 2009 AED 1,025,000; 2010 AED 2,085,000; 2011 AED 1,268,125; 2012 AED 1,650,000; 2013 AED 2,225,000; 2014 AED 2,750,000; 2015 AED 1,971,250; 2016 AED 2,012,500; 2018 AED 1,514,153; 2019 AED 1,420,000; 2021 AED 1,900,000; 2022 AED 2,290,000; 2023 AED 2,900,000; 2024 AED 3,350,000; 2025 AED 3,800,000; 2026 AED 3,802,500Sold by developer, April 2009: AED 790,000 (AED 509 per sqft)Sold, January 2018: AED 1,900,000 (AED 1,225 per sqft)

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

Rents
Unit 305, each contractTypical two-bed in Shoreline - Shahla
100K150K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 132,500; 2014 AED 158,200; 2015 AED 157,850; 2016 AED 155,000; 2017 AED 140,000; 2018 AED 135,000; 2019 AED 117,000; 2020 AED 100,000; 2021 AED 105,000; 2022 AED 123,000; 2023 AED 144,500; 2024 AED 168,000; 2025 AED 200,000; 2026 AED 184,000New contract, February 2016: AED 155,000 a yearNew contract, April 2022: AED 155,000 a yearRenewal, April 2023: AED 155,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Shoreline - Shahla, and where 305 sits

All 54 2-beds →

Over the last 12 months two-beds sold for AED 3,480,000 to 4,175,000, around AED 2,398 per sqft, and rent for AED 117,522 to 315,000 a year. 305's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20264,175,000
11 Aug 20263,480,000
8 Apr 20264,055,000
26 Feb 20263,550,000
4 2-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
3023-bedAED 2.6M · Jun 2022
3033-bedAED 1.15M · Nov 2012
3041-bedAED 1.45M · May 2022
3062-bedAED 2.55M · Jan 2014
3072-bedAED 3.15M · Jun 2023
3082-bedAED 3.89M · Oct 2025
1–7 of 11

305, Shoreline - Shahla in numbers

  • Sold twice: first on 20 April 2009 for AED 790,000, last on 3 January 2018 for AED 1,900,000 (AED 1,225 per sqft).
  • Rented since February 2016 on 3 Ejari contracts, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2018 price is 8.2%, before a service charge of about AED 28,100 a year (AED 18.13 per sqft).
  • Two-beds in Shoreline - Shahla sold for AED 3,480,000–4,175,000 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 13 April 2023.

Questions about 305, Shoreline - Shahla

What did unit 305 last sell for?

AED 1,900,000 on 3 January 2018: AED 1,225 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 790,000 in April 2009.

What is the rent for unit 305?

AED 155,000 a year on the contract renewed on 13 April 2023. The previous contract, from April 2022, was AED 155,000; the unit has been rented since February 2016.

How big is unit 305?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Shahla sold for AED 3,480,000 to 4,175,000 in the last 12 months, around AED 2,398 per sqft.

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Mortgage on 305, Shoreline - Shahla

Starts from the last sale price (AED 1.9M, 3 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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