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

811, Shoreline - Shahla

Sold prices and rental history: sold 3 times, last in November 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 811 · DLD and Ejari recordsUpdated 31 May 2022
Last soldAED 3.02M3 November 2016
Current rentAED 230K /yr31 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 811, Shoreline - Shahla

What is 811 worth today?

Last sold for AED 3,020,000 in 2016

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31 May 2022RentedNew contract
AED 230,000/yr12 months · AED 105 per sqft
8 Jul 2021RentedNew contract
AED 165,000/yr12 months · AED 76 per sqft
10 Feb 2021RentedNew contract
AED 156,000/yr12 months · AED 71 per sqft
26 Jan 2020RentedNew contract
AED 160,000/yr12 months · AED 73 per sqft
9 Oct 2018RentedNew contract
AED 220,000/yr12 months · AED 101 per sqft
1 Oct 2018RentedNew contract
AED 220,000/yr12 months · AED 101 per sqft
3 Nov 2016SoldReady
AED 3,020,000AED 1,380 per sqft
15 Mar 2016RentedRenewal
AED 185,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 31 May 2022.

Key facts

Type
3-bed apartment
Size
2,187 sqft
Floor
8th of 9
Parking
B2-158,B2-159
Developer
Nakheel
Completed
2007
Service charge
AED 39,600 /yr
Last sold
AED 3.02M · November 2016

About 811, Shoreline - Shahla

811 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. It last sold on 3 November 2016 for AED 3,020,000, or AED 1,380 per sqft.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 31 May 2022, is AED 230,000 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 39,600 a year.

Sales and rents for 811 over time

Sales
Unit 811, 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 1,175,000 (AED 537 per sqft)Sold, April 2012: AED 2,200,000 (AED 1,005 per sqft)Sold, November 2016: AED 3,020,000 (AED 1,380 per sqft)

811 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 811, 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, March 2013: AED 175,000 a yearNew contract, March 2014: AED 190,000 a yearNew contract, March 2015: AED 190,000 a yearRenewal, March 2016: AED 185,000 a yearNew contract, October 2018: AED 220,000 a yearNew contract, October 2018: AED 220,000 a yearNew contract, January 2020: AED 160,000 a yearNew contract, February 2021: AED 156,000 a yearNew contract, July 2021: AED 165,000 a yearNew contract, May 2022: AED 230,000 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 811 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. 811's AED 230,000 is in the lower half 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
8023-bedAED 2.54M · Dec 2022
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
1–7 of 11

811, Shoreline - Shahla in numbers

  • Sold 3 times: first on 19 April 2009 for AED 1,175,000, last on 3 November 2016 for AED 3,020,000 (AED 1,380 per sqft).
  • Rented since March 2013 on 10 Ejari contracts. The rent fell from AED 175,000 to AED 156,000 in 2021 and recovered to AED 230,000 by May 2022.
  • At AED 230,000 a year the gross yield on the 2016 price is 7.6%, 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 31 May 2022.

Questions about 811, Shoreline - Shahla

What did unit 811 last sell for?

AED 3,020,000 on 3 November 2016: AED 1,380 per sqft for 2,187 sqft. The unit has 3 registered sales; the first was AED 1,175,000 in April 2009.

What is the rent for unit 811?

AED 230,000 a year on the contract signed on 31 May 2022. The previous contract, from July 2021, was AED 165,000; the unit has been rented since March 2013.

How big is unit 811?

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 811 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 811, Shoreline - Shahla

Starts from the last sale price (AED 3.02M, 3 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,020,000
Deposit, UAE resident (20%)
AED 604,000
Deposit, non-resident (40%)
AED 1,208,000
Monthly over 25 years at 3.7%
AED 12,356

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