2-bed · 1,551 sqftShoreline - Sultana, Palm Jumeirah · 3rd floor · completed 2007

305, Shoreline - Sultana

Sold prices and rental history: sold 3 times, last in April 2018, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 26 April 2018
Last soldAED 2.65M26 April 2018
Current rentAED 200K /yr28 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Shoreline - Sultana

What is 305 worth today?

Last sold for AED 2,650,000 in 2018

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26 Apr 2018SoldReady
AED 2,650,000AED 1,708 per sqft
28 Apr 2015RentedNew contract
AED 200,000/yr12 months · AED 129 per sqft
28 Apr 2014RentedNew contract
AED 200,000/yr12 months · AED 129 per sqft
30 May 2011SoldReady
AED 2,600,000AED 1,676 per sqft
2 Mar 2009Sold by developerReady
AED 1,200,000AED 773 per sqft

Source: Dubai Land Department. Updated 26 April 2018.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
3rd of 8
Parking
1B2-5
Developer
Nakheel
Completed
2007
Service charge
AED 22,300 /yr
Last sold
AED 2.65M · April 2018

About 305, Shoreline - Sultana

305 is a two-bedroom apartment of 1,551 sqft on the 3rd floor of Shoreline - Sultana, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 26 April 2018 for AED 2,650,000, or AED 1,708 per sqft, 13% above the AED 1,511 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 28 April 2015, is AED 200,000 a year: a gross yield of 7.5% on the 2018 price, before the service charge of about AED 22,300 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in Shoreline - Sultana
5M2009201420192024Typical sale price by year: 2009 AED 1,050,000; 2011 AED 2,600,000; 2012 AED 2,560,000; 2013 AED 3,250,000; 2015 AED 3,200,000; 2017 AED 2,480,000; 2023 AED 2,500,000; 2025 AED 6,617,204Sold by developer, March 2009: AED 1,200,000 (AED 773 per sqft)Sold, May 2011: AED 2,600,000 (AED 1,676 per sqft)Sold, April 2018: AED 2,650,000 (AED 1,708 per sqft)

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

Rents
Unit 305, each contractTypical two-bed in Shoreline - Sultana
200K2012201620202024Typical rent by year: 2012 AED 170,000; 2013 AED 165,000; 2014 AED 180,000; 2015 AED 175,032; 2016 AED 176,000; 2017 AED 165,000; 2018 AED 147,500; 2019 AED 135,000; 2020 AED 125,000; 2021 AED 129,500; 2022 AED 136,500; 2023 AED 156,500; 2024 AED 210,000; 2025 AED 245,000; 2026 AED 230,250New contract, April 2014: AED 200,000 a yearNew contract, April 2015: AED 200,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Shoreline - Sultana, and where 305 sits

All 48 2-beds →

305 last sold in April 2018 at AED 1,708 per sqft, 13% above what two-beds in Shoreline - Sultana were fetching at the time (AED 1,511). Over the last 12 months two-beds sold for AED 1,500,000 to 7,750,000, around AED 2,913 per sqft, and rent for AED 170,000 to 290,000 a year. 305's AED 200,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Jun 20261,500,000
3 Mar 20264,100,000
29 Dec 20256,384,407
11 Dec 20257,750,000
4 2-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
3033-bedAED 3.15M · Jun 2017
3041-bedAED 2.1M · Jul 2022
3062-bedAED 1.95M · Dec 2013
3072-bedAED 3.9M · Jul 2013
3082-bedAED 1.5M · Jun 2026
1–7 of 11

305, Shoreline - Sultana in numbers

  • Sold 3 times: first on 2 March 2009 for AED 1,200,000, last on 26 April 2018 for AED 2,650,000 (AED 1,708 per sqft).
  • Rented since April 2014 on 2 Ejari contracts, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2018 price is 7.5%, before a service charge of about AED 22,300 a year (AED 14.39 per sqft).
  • Two-beds in Shoreline - Sultana sold for AED 1,500,000–7,750,000 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 26 April 2018.

Questions about 305, Shoreline - Sultana

What did unit 305 last sell for?

AED 2,650,000 on 26 April 2018: AED 1,708 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 1,200,000 in March 2009.

What is the rent for unit 305?

AED 200,000 a year on the contract signed on 28 April 2015. The previous contract, from April 2014, was AED 200,000.

How big is unit 305?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2007.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Sultana sold for AED 1,500,000 to 7,750,000 in the last 12 months, around AED 2,913 per sqft.

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Mortgage on 305, Shoreline - Sultana

Starts from the last sale price (AED 2.65M, 26 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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