3-bed · 2,159 sqftShoreline - Sultana, Palm Jumeirah · 3rd floor · completed 2007

303, Shoreline - Sultana

Sold prices and rental history: sold twice, last in June 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 1 June 2017
Last soldAED 3.15M1 June 2017
Current rentAED 200K /yr16 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Shoreline - Sultana

What is 303 worth today?

Last sold for AED 3,150,000 in 2017

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1 Jun 2017SoldReady
AED 3,150,000AED 1,459 per sqft
16 Apr 2016RentedNew contract
AED 200,000/yr12 months · AED 92 per sqft
20 Sep 2015RentedRenewal
AED 107,500/yr12 months · AED 50 per sqft
20 Sep 2014RentedRenewal
AED 215,000/yr12 months · AED 99 per sqft
20 Sep 2013RentedNew contract
AED 190,000/yr12 months · AED 88 per sqft
20 Sep 2012RentedNew contract
AED 185,000/yr12 months · AED 86 per sqft
10 Sep 2009Sold by developerReady
AED 1,250,000AED 578 per sqft

Source: Dubai Land Department. Updated 1 June 2017.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
3rd of 8
Parking
1B2-6,1B2-7
Developer
Nakheel
Completed
2007
Service charge
AED 31,100 /yr
Last sold
AED 3.15M · June 2017

About 303, Shoreline - Sultana

303 is a three-bedroom apartment of 2,159 sqft on the 3rd floor of Shoreline - Sultana, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 1 June 2017 for AED 3,150,000, or AED 1,459 per sqft.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 16 April 2016, is AED 200,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 31,100 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, September 2009: AED 1,250,000 (AED 578 per sqft)Sold, June 2017: AED 3,150,000 (AED 1,459 per sqft)

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

Rents
Unit 303, each contractTypical three-bed in Shoreline - Sultana
100K200K300K2012201620202024Typical 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, September 2012: AED 185,000 a yearNew contract, September 2013: AED 190,000 a yearRenewal, September 2014: AED 215,000 a yearRenewal, September 2015: AED 107,500 a yearNew contract, April 2016: AED 200,000 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 303 sits

All 35 3-beds →

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. 303's AED 200,000 is at the bottom 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 3rd floor

All 95 units in Shoreline - Sultana
Value
3012-bedAED 800K · Mar 2009
3023-bedAED 1.15M · Nov 2009
3041-bedAED 2.1M · Jul 2022
3052-bedAED 2.65M · Apr 2018
3062-bedAED 1.95M · Dec 2013
3072-bedAED 3.9M · Jul 2013
3082-bedAED 1.5M · Jun 2026
1–7 of 11

303, Shoreline - Sultana in numbers

  • Sold twice: first on 10 September 2009 for AED 1,250,000, last on 1 June 2017 for AED 3,150,000 (AED 1,459 per sqft).
  • Rented since September 2012 on 5 Ejari contracts. The rent fell from AED 185,000 to AED 107,500 in 2015 and recovered to AED 200,000 by April 2016.
  • At AED 200,000 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 31,100 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 1 June 2017.

Questions about 303, Shoreline - Sultana

What did unit 303 last sell for?

AED 3,150,000 on 1 June 2017: AED 1,459 per sqft for 2,159 sqft. The unit has 2 registered sales; the first was AED 1,250,000 in September 2009.

What is the rent for unit 303?

AED 200,000 a year on the contract signed on 16 April 2016. The previous contract, from September 2015, was AED 107,500; the unit has been rented since September 2012.

How big is unit 303?

2,159 sqft (200.6 sqm): a three-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2007.

What is unit 303 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 303, Shoreline - Sultana

Starts from the last sale price (AED 3.15M, 1 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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