3-bed · 2,157 sqftShoreline - Shahla, Palm Jumeirah · 4th floor · completed 2007

403, Shoreline - Shahla

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 10 January 2021
Last soldAED 1.75M10 January 2021
Current rentAED 135K /yr14 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Shoreline - Shahla

What is 403 worth today?

Last sold for AED 1,750,000 in 2021

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10 Jan 2021SoldReady
AED 1,750,000AED 811 per sqft
14 Aug 2019RentedNew contract
AED 135,000/yr12 months · AED 62 per sqft
10 Aug 2018RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft
30 Jun 2017RentedRenewal
AED 195,000/yr12 months · AED 90 per sqft
30 Jun 2016RentedRenewal
AED 195,000/yr12 months · AED 90 per sqft
30 Jun 2015RentedNew contract
AED 195,000/yr12 months · AED 90 per sqft
1 Jul 2014RentedNew contract
AED 185,000/yr12 months · AED 86 per sqft
1 Jul 2013RentedNew contract
AED 165,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 10 January 2021.

Key facts

Type
3-bed apartment
Size
2,157 sqft
Floor
4th of 9
Parking
B1-30,B1-31
Developer
Nakheel
Completed
2007
Service charge
AED 39,100 /yr
Last sold
AED 1.75M · January 2021

About 403, Shoreline - Shahla

403 is a three-bedroom apartment of 2,157 sqft on the 4th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 10 January 2021 for AED 1,750,000, or AED 811 per sqft.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 14 August 2019, is AED 135,000 a year: a gross yield of 7.7% on the 2021 price, before the service charge of about AED 39,100 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, January 2021: AED 1,750,000 (AED 811 per sqft)

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

Rents
Unit 403, 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, June 2012: AED 140,000 a yearNew contract, July 2013: AED 165,000 a yearNew contract, July 2014: AED 185,000 a yearNew contract, June 2015: AED 195,000 a yearRenewal, June 2016: AED 195,000 a yearRenewal, June 2017: AED 195,000 a yearNew contract, August 2018: AED 150,000 a yearNew contract, August 2019: AED 135,000 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 403 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. 403's AED 135,000 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 4th floor

All 108 units in Shoreline - Shahla
Value
4012-bedAED 1.8M · Apr 2013
4023-bedAED 3.2M · Apr 2009
4041-bedAED 1.42M · Nov 2017
4052-bedAED 900K · Feb 2022
4062-bedAED 4.05M · Dec 2024
4072-bedAED 3.65M · Jun 2024
4082-bedAED 3.8M · Aug 2025
1–7 of 11

403, Shoreline - Shahla in numbers

  • Sold twice: first on 16 April 2009 for AED 1,150,000, last on 10 January 2021 for AED 1,750,000 (AED 811 per sqft).
  • Rented since June 2012 on 8 Ejari contracts, from AED 140,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2021 price is 7.7%, 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 10 January 2021.

Questions about 403, Shoreline - Shahla

What did unit 403 last sell for?

AED 1,750,000 on 10 January 2021: AED 811 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 403?

AED 135,000 a year on the contract signed on 14 August 2019. The previous contract, from August 2018, was AED 150,000; the unit has been rented since June 2012.

How big is unit 403?

2,157 sqft (200.4 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 403 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 403, Shoreline - Shahla

Starts from the last sale price (AED 1.75M, 10 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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