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

310, Shoreline - Shahla

Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 310 · DLD and Ejari recordsUpdated 18 December 2023
Last soldAED 4.75M18 December 2023
Current rentAED 139K /yr5 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 310, Shoreline - Shahla

What is 310 worth today?

Last sold for AED 4,750,000 in 2023

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18 Dec 2023SoldReady
AED 4,750,000AED 2,202 per sqft
5 Oct 2022RentedNew contract
AED 139,356/yr10 months · AED 65 per sqft
21 Jul 2022SoldReady
AED 2,500,000AED 1,159 per sqft
5 Oct 2021RentedRenewal
AED 130,000/yr12 months · AED 60 per sqft
5 Oct 2020RentedRenewal
AED 130,000/yr12 months · AED 60 per sqft
5 Oct 2019RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
28 Apr 2019RentedRenewal
AED 150,000/yr2 months · AED 69 per sqft
28 Apr 2018RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 18 December 2023.

Key facts

Type
3-bed apartment
Size
2,157 sqft
Floor
3rd of 9
Parking
B2-65,B2-66
Developer
Nakheel
Completed
2007
Service charge
AED 39,100 /yr
Last sold
AED 4.75M · December 2023

About 310, Shoreline - Shahla

310 is a three-bedroom apartment of 2,157 sqft on the 3rd floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 18 December 2023 for AED 4,750,000, or AED 2,202 per sqft, 44% above the AED 1,529 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 5 October 2022, is AED 139,356 a year: a gross yield of 2.9% on the 2023 price, before the service charge of about AED 39,100 a year.

Sales and rents for 310 over time

Sales
Unit 310, 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 3,466,800 (AED 1,607 per sqft)Sold, August 2015: AED 2,650,000 (AED 1,228 per sqft)Sold, July 2022: AED 2,500,000 (AED 1,159 per sqft)Sold, December 2023: AED 4,750,000 (AED 2,202 per sqft)

310 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 310, 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, January 2013: AED 157,500 a yearNew contract, January 2014: AED 205,000 a yearNew contract, December 2014: AED 165,000 a yearNew contract, December 2015: AED 180,000 a yearRenewal, December 2016: AED 188,000 a yearNew contract, April 2018: AED 150,000 a yearRenewal, April 2019: AED 150,000 a yearNew contract, October 2019: AED 130,000 a yearRenewal, October 2020: AED 130,000 a yearRenewal, October 2021: AED 130,000 a yearNew contract, October 2022: AED 139,356 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 310 sits

All 40 3-beds →

310 last sold in December 2023 at AED 2,202 per sqft, 44% above what three-beds in Shoreline - Shahla were fetching at the time (AED 1,529). 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. 310's AED 139,356 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 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
3052-bedAED 1.9M · Jan 2018
3062-bedAED 2.55M · Jan 2014
3072-bedAED 3.15M · Jun 2023
1–7 of 11

310, Shoreline - Shahla in numbers

  • Sold 4 times: first on 16 April 2009 for AED 3,466,800, last on 18 December 2023 for AED 4,750,000 (AED 2,202 per sqft).
  • Rented since January 2013 on 11 Ejari contracts, from AED 157,500 to AED 139,356 a year.
  • At AED 139,356 a year the gross yield on the 2023 price is 2.9%, 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 18 December 2023.

Questions about 310, Shoreline - Shahla

What did unit 310 last sell for?

AED 4,750,000 on 18 December 2023: AED 2,202 per sqft for 2,157 sqft. The unit has 4 registered sales; the first was AED 3,466,800 in April 2009.

What is the rent for unit 310?

AED 139,356 a year on the contract signed on 5 October 2022. The previous contract, from October 2021, was AED 130,000; the unit has been rented since January 2013.

How big is unit 310?

2,157 sqft (200.4 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 310 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 310, Shoreline - Shahla

Starts from the last sale price (AED 4.75M, 18 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,750,000
Deposit, UAE resident (20%)
AED 950,000
Deposit, non-resident (40%)
AED 1,900,000
Monthly over 25 years at 3.7%
AED 19,434

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