2-bed · 1,586 sqftShoreline - Sultana, Palm Jumeirah · 3rd floor · completed 2007

312, Shoreline - Sultana

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 25 February 2026
Last soldAED 800K2 March 2009
Current rentAED 210K /yr25 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Shoreline - Sultana

What is 312 worth today?

Last sold for AED 800,000 in 2009

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25 Feb 2026RentedNew contract
AED 210,000/yr12 months · AED 132 per sqft
21 Feb 2025RentedNew contract
AED 195,000/yr12 months · AED 123 per sqft
21 Feb 2025RentedNew contract
AED 195,000/yr12 months · AED 123 per sqft
15 Sep 2023RentedNew contract
AED 155,000/yr12 months · AED 98 per sqft
11 Jun 2022RentedRenewal
AED 113,000/yr12 months · AED 71 per sqft
11 Jun 2021RentedRenewal
AED 105,000/yr12 months · AED 66 per sqft
11 Jun 2020RentedNew contract
AED 105,000/yr12 months · AED 66 per sqft
6 Nov 2019RentedNew contract
AED 119,649/yr11 months · AED 76 per sqft

Source: Dubai Land Department. Updated 25 February 2026.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
3rd of 8
Parking
1B2-132
Developer
Nakheel
Completed
2007
Service charge
AED 22,800 /yr
Last sold
AED 800K · March 2009

About 312, Shoreline - Sultana

312 is a two-bedroom apartment of 1,586 sqft on the 3rd floor of Shoreline - Sultana, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 2 March 2009 for AED 800,000, or AED 504 per sqft, 10% below the AED 560 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, signed on 25 February 2026, is AED 210,000 a year: a gross yield of 26.3% on the 2009 price, before the service charge of about AED 22,800 a year.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical two-bed in Shoreline - Sultana
05M2009201420192024Typical 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 800,000 (AED 504 per sqft)

312 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 312, each contractTypical two-bed in Shoreline - Sultana
100K200K2012201620202024Typical 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, May 2015: AED 165,000 a yearRenewal, May 2016: AED 200,000 a yearNew contract, September 2016: AED 155,000 a yearRenewal, September 2017: AED 155,000 a yearNew contract, June 2018: AED 119,000 a yearNew contract, November 2019: AED 119,649 a yearNew contract, June 2020: AED 105,000 a yearRenewal, June 2021: AED 105,000 a yearRenewal, June 2022: AED 113,000 a yearNew contract, September 2023: AED 155,000 a yearNew contract, February 2025: AED 195,000 a yearNew contract, February 2025: AED 195,000 a yearNew contract, February 2026: AED 210,000 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 312 sits

All 48 2-beds →

312 last sold in March 2009 at AED 504 per sqft, 10% below what two-beds in Shoreline - Sultana were fetching at the time (AED 560). 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. 312's AED 210,000 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
3052-bedAED 2.65M · Apr 2018
3062-bedAED 1.95M · Dec 2013
3072-bedAED 3.9M · Jul 2013
1–7 of 11

312, Shoreline - Sultana in numbers

  • Sold once: by Nakheel on 2 March 2009 for AED 800,000, or AED 504 per sqft.
  • Rented since May 2015 on 13 Ejari contracts. The rent fell from AED 165,000 to AED 105,000 in 2021 and recovered to AED 210,000 by February 2026.
  • At AED 210,000 a year the gross yield on the 2009 price is 26.3%, before a service charge of about AED 22,800 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 25 February 2026.

Questions about 312, Shoreline - Sultana

What did unit 312 last sell for?

AED 800,000 on 2 March 2009, sold by the developer: AED 504 per sqft for 1,586 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 210,000 a year on the contract signed on 25 February 2026. The previous contract, from February 2025, was AED 195,000; the unit has been rented since May 2015.

How big is unit 312?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2007.

What is unit 312 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 312, Shoreline - Sultana

Starts from the last sale price (AED 800K, 2 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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