3-bed · 2,242 sqftShoreline - Sultana, Palm Jumeirah · 1st floor · completed 2007

108, Shoreline - Sultana

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 15 November 2023
Last soldAED 5M15 November 2023
Current rentAED 204K /yr15 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Shoreline - Sultana

What is 108 worth today?

Last sold for AED 4,999,000 in 2023

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15 Nov 2023SoldReady
AED 4,999,000AED 2,230 per sqft
15 Oct 2022RentedRenewal
AED 204,000/yr12 months · AED 91 per sqft
15 Oct 2021RentedNew contract
AED 195,000/yr12 months · AED 87 per sqft
21 Jul 2020RentedRenewal
AED 145,000/yr12 months · AED 65 per sqft
21 Jul 2019RentedNew contract
AED 150,000/yr12 months · AED 67 per sqft
16 Jul 2018RentedRenewal
AED 170,000/yr12 months · AED 76 per sqft
16 Jul 2017RentedNew contract
AED 187,000/yr12 months · AED 84 per sqft
7 Jul 2016RentedRenewal
AED 236,775/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 15 November 2023.

Key facts

Type
3-bed apartment
Size
2,242 sqft
Floor
1st of 8
Parking
1B2-28,1B2-29
Developer
Nakheel
Completed
2007
Service charge
AED 32,300 /yr
Last sold
AED 5M · November 2023

About 108, Shoreline - Sultana

108 is a three-bedroom apartment of 2,242 sqft on the 1st floor of Shoreline - Sultana, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 15 November 2023 for AED 4,999,000, or AED 2,230 per sqft, 25% above the AED 1,783 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 15 October 2022, is AED 204,000 a year: a gross yield of 4.1% on the 2023 price, before the service charge of about AED 32,300 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical three-bed in Shoreline - Sultana
2.5M5M2009201420192024Typical sale price by year: 2009 AED 1,275,000; 2011 AED 2,541,250; 2013 AED 3,650,000; 2019 AED 2,045,000; 2022 AED 3,500,000; 2023 AED 3,850,000; 2025 AED 5,700,000Sold by developer, October 2009: AED 1,250,000 (AED 557 per sqft)Sold, November 2023: AED 4,999,000 (AED 2,230 per sqft)

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

Rents
Unit 108, each contractTypical three-bed in Shoreline - Sultana
200K300K2013201720212025Typical rent by year: 2013 AED 190,000; 2014 AED 215,000; 2015 AED 210,000; 2016 AED 200,000; 2017 AED 195,000; 2018 AED 167,500; 2019 AED 155,000; 2020 AED 147,500; 2021 AED 153,000; 2022 AED 175,250; 2023 AED 227,500; 2024 AED 250,000; 2025 AED 297,500; 2026 AED 250,000New contract, July 2015: AED 236,775 a yearRenewal, July 2016: AED 236,775 a yearNew contract, July 2017: AED 187,000 a yearRenewal, July 2018: AED 170,000 a yearNew contract, July 2019: AED 150,000 a yearRenewal, July 2020: AED 145,000 a yearNew contract, October 2021: AED 195,000 a yearRenewal, October 2022: AED 204,000 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 - Sultana, and where 108 sits

All 35 3-beds →

108 last sold in November 2023 at AED 2,230 per sqft, 25% above what three-beds in Shoreline - Sultana were fetching at the time (AED 1,783). Over the last 12 months three-beds sold for AED 5,500,000 to 6,600,000, around AED 2,690 per sqft, and rent for AED 200,000 to 340,000 a year. 108's AED 204,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Feb 20265,500,000
6 Feb 20266,600,000
29 Dec 20255,500,000
12 Dec 20256,250,000
4 3-bed sales in the last 12 months

Shoreline - Sultana

Building

95 apartments, 1-bed to 4-bed over 8 floors in Palm Jumeirah, completed in 2007 by Nakheel. 8 sold in the last 12 months.

Typical price per sqft
AED 2,758
Typical sale
AED 5.88M
Typical rent
AED 220K /yr
Typical yield
4.7%
Shoreline - Sultana, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 95 units in Shoreline - Sultana
Value
1012-bedAED 2.37M · Feb 2023
1023-bedAED 4.55M · Nov 2024
1041-bedAED 1.7M · Jun 2016
1052-bedAED 870K · Apr 2009
1062-bedAED 870K · Mar 2009
1071-bedAED 2.23M · Apr 2022
1093-bedAED 1.15M · Mar 2009
1–7 of 10

108, Shoreline - Sultana in numbers

  • Sold twice: first on 21 October 2009 for AED 1,250,000, last on 15 November 2023 for AED 4,999,000 (AED 2,230 per sqft).
  • Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 236,775 to AED 145,000 in 2020 and recovered to AED 204,000 by October 2022.
  • At AED 204,000 a year the gross yield on the 2023 price is 4.1%, before a service charge of about AED 32,300 a year (AED 14.39 per sqft).
  • Three-beds in Shoreline - Sultana sold for AED 5,500,000–6,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,758 per sqft.

Source: Dubai Land Department. Updated 15 November 2023.

Questions about 108, Shoreline - Sultana

What did unit 108 last sell for?

AED 4,999,000 on 15 November 2023: AED 2,230 per sqft for 2,242 sqft. The unit has 2 registered sales; the first was AED 1,250,000 in October 2009.

What is the rent for unit 108?

AED 204,000 a year on the contract renewed on 15 October 2022. The previous contract, from October 2021, was AED 195,000; the unit has been rented since July 2015.

How big is unit 108?

2,242 sqft (208.3 sqm): a three-bedroom apartment on the 1st floor of a 8-storey tower completed in 2007.

What is unit 108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Sultana sold for AED 5,500,000 to 6,600,000 in the last 12 months, around AED 2,690 per sqft.

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Mortgage on 108, Shoreline - Sultana

Starts from the last sale price (AED 5M, 15 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,999,000
Deposit, UAE resident (20%)
AED 999,800
Deposit, non-resident (40%)
AED 1,999,600
Monthly over 25 years at 3.7%
AED 20,452

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