503, Shoreline - Shahla
Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Shoreline - Shahla
What is 503 worth today?
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Source: Dubai Land Department. Updated 1 May 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,157 sqft
- Floor
- 5th of 9
- Parking
- B2-48,B2-49
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 39,100 /yr
- Last sold
- AED 3.3M · May 2023
- Building
- Shoreline - Shahla
About 503, Shoreline - Shahla
503 is a three-bedroom apartment of 2,157 sqft on the 5th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 1 May 2023 for AED 3,300,000, or AED 1,529 per sqft, 30% above the AED 1,172 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 159,500 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 39,100 a year.
Sales and rents for 503 over time
503 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 503 sits
All 40 3-beds →503 last sold in May 2023 at AED 1,529 per sqft, 30% above what three-beds in Shoreline - Shahla were fetching at the time (AED 1,172). 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. 503's AED 159,500 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 2,187 sqft | 4,999,999 | 2,286 | ||
| 5 Jun 20265 June 2026 | 2,142 sqft | 4,800,000 | 2,241 | ||
| 5 Jun 20265 June 2026 | 2,241 sqft | 4,700,000 | 2,096 | ||
| 23 Apr 202623 April 2026 | 2,223 sqft | 4,750,000 | 2,137 |
Shoreline - Shahla
Building108 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%
Other units on the 5th floor
All 108 units in Shoreline - Shahla| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,589 sqft | AED 1.8MAED 1,800,000 · Nov 2009November 2009 | 120,000 /yr | |
| 502 | 3-bed | 2,218 sqft | AED 1.85MAED 1,850,000 · Mar 2019March 2019 | 185,000 /yr | |
| 504 | 1-bed | 1,145 sqft | AED 1.65MAED 1,650,000 · May 2022May 2022 | 125,000 /yr | |
| 505 | 2-bed | 1,551 sqft | AED 1.25MAED 1,250,000 · Jun 2020June 2020 | 110,000 /yr | |
| 506 | 2-bed | 2,019 sqft | AED 2.3MAED 2,300,000 · May 2022May 2022 | 121,000 /yr | |
| 507 | 2-bed | 1,994 sqft | AED 1.03MAED 1,025,000 · Apr 2009April 2009 | 120,000 /yr | |
| 508 | 2-bed | 1,551 sqft | AED 1.55MAED 1,550,000 · Feb 2021February 2021 | 88,000 /yr | |
| 509 | 1-bed | 1,145 sqft | AED 600KAED 600,000 · Apr 2009April 2009 | 105,000 /yr | |
| 510 | 3-bed | 2,157 sqft | AED 5MAED 5,000,000 · Nov 2025November 2025 | 211,000 /yr | |
| 511 | 3-bed | 2,218 sqft | AED 3.68MAED 3,675,000 · Aug 2023August 2023 | 187,040 /yr | |
| 512 | 2-bed | 1,589 sqft | AED 4.06MAED 4,055,000 · Apr 2026April 2026 | 150,631 /yr |
503, Shoreline - Shahla in numbers
- Sold 3 times: first on 20 April 2009 for AED 1,150,000, last on 1 May 2023 for AED 3,300,000 (AED 1,529 per sqft).
- Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 175,000 to AED 120,000 in 2020 and recovered to AED 159,500 by August 2022.
- At AED 159,500 a year the gross yield on the 2023 price is 4.8%, 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 1 May 2023.
Questions about 503, Shoreline - Shahla
What did unit 503 last sell for?
AED 3,300,000 on 1 May 2023: AED 1,529 per sqft for 2,157 sqft. The unit has 3 registered sales; the first was AED 1,150,000 in April 2009.
What is the rent for unit 503?
AED 159,500 a year on the contract renewed on 1 August 2022. The previous contract, from August 2021, was AED 145,000; the unit has been rented since June 2017.
How big is unit 503?
2,157 sqft (200.4 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.
What is unit 503 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 503, Shoreline - Shahla
Starts from the last sale price (AED 3.3M, 1 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,300,000
- Deposit, UAE resident (20%)
- AED 660,000
- Deposit, non-resident (40%)
- AED 1,320,000
- Monthly over 25 years at 3.7%
- AED 13,501
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →