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

310, Shoreline - Sultana

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 310 · DLD and Ejari recordsUpdated 10 April 2023
Last soldAED 3.85M4 April 2023
Current rentAED 290K /yr10 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 310, Shoreline - Sultana

What is 310 worth today?

Last sold for AED 3,850,000 in 2023

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10 Apr 2023RentedNew contract
AED 290,000/yr12 months · AED 134 per sqft
4 Apr 2023SoldReady
AED 3,850,000AED 1,783 per sqft
10 Dec 2022RentedRenewal
AED 162,750/yr6 months · AED 75 per sqft
10 Dec 2021RentedRenewal
AED 155,000/yr12 months · AED 72 per sqft
10 Dec 2020RentedRenewal
AED 142,500/yr12 months · AED 66 per sqft
10 Dec 2019RentedRenewal
AED 130,000/yr12 months · AED 60 per sqft
10 Dec 2018RentedRenewal
AED 165,000/yr12 months · AED 76 per sqft
10 Dec 2017RentedRenewal
AED 200,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 10 April 2023.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
3rd of 8
Parking
1B2-70,1B2-71
Developer
Nakheel
Completed
2007
Service charge
AED 31,100 /yr
Last sold
AED 3.85M · April 2023

About 310, Shoreline - Sultana

310 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 4 April 2023 for AED 3,850,000, or AED 1,783 per sqft, 5% above the AED 1,696 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 10 April 2023, is AED 290,000 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 31,100 a year.

Sales and rents for 310 over time

Sales
Unit 310, 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, April 2009: AED 2,000,000 (AED 926 per sqft)Sold, July 2011: AED 2,000,000 (AED 926 per sqft)Sold, April 2023: AED 3,850,000 (AED 1,783 per sqft)

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

Rents
Unit 310, each contractTypical three-bed in Shoreline - Sultana
100K200K300K2013201720212025Typical 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, October 2013: AED 158,571 a yearNew contract, June 2014: AED 220,000 a yearRenewal, June 2015: AED 220,000 a yearRenewal, June 2016: AED 200,000 a yearRenewal, June 2017: AED 200,000 a yearRenewal, December 2017: AED 200,000 a yearRenewal, December 2018: AED 165,000 a yearRenewal, December 2019: AED 130,000 a yearRenewal, December 2020: AED 142,500 a yearRenewal, December 2021: AED 155,000 a yearRenewal, December 2022: AED 162,750 a yearNew contract, April 2023: AED 290,000 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 310 sits

All 35 3-beds →

310 last sold in April 2023 at AED 1,783 per sqft, 5% above what three-beds in Shoreline - Sultana were fetching at the time (AED 1,696). 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. 310's AED 290,000 is in the upper 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 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
3052-bedAED 2.65M · Apr 2018
3062-bedAED 1.95M · Dec 2013
3072-bedAED 3.9M · Jul 2013
1–7 of 11

310, Shoreline - Sultana in numbers

  • Sold 3 times: first on 20 April 2009 for AED 2,000,000, last on 4 April 2023 for AED 3,850,000 (AED 1,783 per sqft).
  • Rented since October 2013 on 12 Ejari contracts. The rent fell from AED 158,571 to AED 130,000 in 2019 and recovered to AED 290,000 by April 2023.
  • At AED 290,000 a year the gross yield on the 2023 price is 7.5%, 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 10 April 2023.

Questions about 310, Shoreline - Sultana

What did unit 310 last sell for?

AED 3,850,000 on 4 April 2023: AED 1,783 per sqft for 2,159 sqft. The unit has 3 registered sales; the first was AED 2,000,000 in April 2009.

What is the rent for unit 310?

AED 290,000 a year on the contract signed on 10 April 2023. The previous contract, from December 2022, was AED 162,750; the unit has been rented since October 2013.

How big is unit 310?

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 310 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 310, Shoreline - Sultana

Starts from the last sale price (AED 3.85M, 4 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

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