3-bed · 2,187 sqftShoreline - Shahla, Palm Jumeirah · 8th floor · completed 2007

802, Shoreline - Shahla

Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 22 December 2022
Last soldAED 2.54M22 December 2022
Current rentAED 50K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Shoreline - Shahla

What is 802 worth today?

Last sold for AED 2,535,000 in 2022

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22 Dec 2022Sold by developerReady
AED 2,535,000AED 1,159 per sqft
1 Jul 2022RentedRenewal
AED 50,000/yr60 months · AED 23 per sqft
1 Jul 2021RentedNew contract
AED 50,000/yr12 months · AED 23 per sqft
18 Nov 2019RentedNew contract
AED 50,000/yr60 months · AED 23 per sqft
9 Mar 2017RentedNew contract
AED 100,000/yr24 months · AED 46 per sqft
17 Apr 2015RentedNew contract
AED 180,000/yr12 months · AED 82 per sqft
1 Jan 2014RentedNew contract
AED 100,000/yr24 months · AED 46 per sqft

Source: Dubai Land Department. Updated 22 December 2022.

Key facts

Type
3-bed apartment
Size
2,187 sqft
Floor
8th of 9
Parking
B2-120,B2-121
Developer
Nakheel
Completed
2007
Service charge
AED 39,600 /yr
Last sold
AED 2.54M · December 2022

About 802, Shoreline - Shahla

802 is a three-bedroom apartment of 2,187 sqft on the 8th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 22 December 2022 for AED 2,535,000, or AED 1,159 per sqft, in line with the AED 1,159 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 50,000 a year: a gross yield of 2.0% on the 2022 price, before the service charge of about AED 39,600 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, December 2022: AED 2,535,000 (AED 1,159 per sqft)

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

Rents
Unit 802, each contractTypical three-bed in Shoreline - Shahla
100K200K2012201620202024Typical 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 2014: AED 100,000 a yearNew contract, April 2015: AED 180,000 a yearNew contract, March 2017: AED 100,000 a yearNew contract, November 2019: AED 50,000 a yearNew contract, July 2021: AED 50,000 a yearRenewal, July 2022: AED 50,000 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 802 sits

All 40 3-beds →

802 last sold in December 2022 at AED 1,159 per sqft, in line with what three-beds in Shoreline - Shahla were fetching at the time (AED 1,159). 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. 802's AED 50,000 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 8th floor

All 108 units in Shoreline - Shahla
Value
8012-bedAED 825K · Apr 2009
8033-bedAED 1.18M · Apr 2009
8041-bedAED 2.48M · Jun 2026
8052-bedAED 815K · Apr 2009
8062-bedAED 2.4M · Feb 2015
8072-bedAED 1.05M · Apr 2009
8082-bedAED 815K · Apr 2009
1–7 of 11

802, Shoreline - Shahla in numbers

  • Sold once: by Nakheel on 22 December 2022 for AED 2,535,000, or AED 1,159 per sqft.
  • Rented since January 2014 on 6 Ejari contracts, from AED 100,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 2.0%, before a service charge of about AED 39,600 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 22 December 2022.

Questions about 802, Shoreline - Shahla

What did unit 802 last sell for?

AED 2,535,000 on 22 December 2022, sold by the developer: AED 1,159 per sqft for 2,187 sqft. It is the only registered sale of the unit.

What is the rent for unit 802?

AED 50,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 50,000; the unit has been rented since January 2014.

How big is unit 802?

2,187 sqft (203.2 sqm): a three-bedroom apartment on the 8th floor of a 9-storey tower completed in 2007.

What is unit 802 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 802, Shoreline - Shahla

Starts from the last sale price (AED 2.54M, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,535,000
Deposit, UAE resident (20%)
AED 507,000
Deposit, non-resident (40%)
AED 1,014,000
Monthly over 25 years at 3.7%
AED 10,371

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