3-bed · 2,159 sqftShoreline - Sultana, Palm Jumeirah · 5th floor · completed 2007

503, Shoreline - Sultana

Sold prices and rental history: sold 4 times, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 3.8M1 September 2022
Current rentAED 295K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Shoreline - Sultana

What is 503 worth today?

Last sold for AED 3,800,000 in 2022

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15 Dec 2024RentedRenewal
AED 295,000/yr12 months · AED 137 per sqft
15 Dec 2024RentedRenewal
AED 295,000/yr12 months · AED 137 per sqft
15 Dec 2023RentedRenewal
AED 295,000/yr12 months · AED 137 per sqft
15 Dec 2022RentedNew contract
AED 290,000/yr12 months · AED 135 per sqft
1 Sep 2022SoldReady
AED 3,800,000AED 1,760 per sqft
9 Dec 2021RentedRenewal
AED 165,000/yr12 months · AED 76 per sqft
9 Dec 2020RentedNew contract
AED 160,000/yr12 months · AED 74 per sqft
15 May 2020RentedNew contract
AED 160,000/yr3 months · AED 74 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
5th of 8
Parking
1B2-45,1B2-46
Developer
Nakheel
Completed
2007
Service charge
AED 31,100 /yr
Last sold
AED 3.8M · September 2022

About 503, Shoreline - Sultana

503 is a three-bedroom apartment of 2,159 sqft on the 5th floor of Shoreline - Sultana, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 1 September 2022 for AED 3,800,000, or AED 1,760 per sqft, 8% above the AED 1,625 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 295,000 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 31,100 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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 4,200,000 (AED 1,945 per sqft)Sold, June 2014: AED 4,300,000 (AED 1,991 per sqft)Sold, October 2019: AED 2,200,000 (AED 1,019 per sqft)Sold, September 2022: AED 3,800,000 (AED 1,760 per sqft)

503 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 503, 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, April 2013: AED 210,000 a yearNew contract, August 2014: AED 150,000 a yearNew contract, May 2017: AED 205,000 a yearRenewal, May 2018: AED 185,000 a yearNew contract, May 2020: AED 160,000 a yearNew contract, December 2020: AED 160,000 a yearRenewal, December 2021: AED 165,000 a yearNew contract, December 2022: AED 290,000 a yearRenewal, December 2023: AED 295,000 a yearRenewal, December 2024: AED 295,000 a yearRenewal, December 2024: AED 295,000 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 503 sits

All 35 3-beds →

503 last sold in September 2022 at AED 1,760 per sqft, 8% above what three-beds in Shoreline - Sultana were fetching at the time (AED 1,625). 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. 503's AED 295,000 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 5th floor

All 95 units in Shoreline - Sultana
Value
5012-bedAED 4.1M · Mar 2026
5023-bedAED 5.5M · Feb 2026
5041-bedAED 1.7M · Feb 2021
5052-bedAED 2.55M · Jun 2012
5062-bedAED 6.85M · Sep 2025
5072-bedAED 6.12M · Jan 2025
5082-bedAED 1.55M · Sep 2015
1–7 of 11

503, Shoreline - Sultana in numbers

  • Sold 4 times: first on 20 April 2009 for AED 4,200,000, last on 1 September 2022 for AED 3,800,000 (AED 1,760 per sqft).
  • Rented since April 2013 on 11 Ejari contracts. The rent fell from AED 210,000 to AED 150,000 in 2014 and recovered to AED 295,000 by December 2024.
  • At AED 295,000 a year the gross yield on the 2022 price is 7.8%, 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 15 December 2024.

Questions about 503, Shoreline - Sultana

What did unit 503 last sell for?

AED 3,800,000 on 1 September 2022: AED 1,760 per sqft for 2,159 sqft. The unit has 4 registered sales; the first was AED 4,200,000 in April 2009.

What is the rent for unit 503?

AED 295,000 a year on the contract renewed on 15 December 2024. The previous contract, from December 2024, was AED 295,000; the unit has been rented since April 2013.

How big is unit 503?

2,159 sqft (200.6 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2007.

What is unit 503 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 503, Shoreline - Sultana

Starts from the last sale price (AED 3.8M, 1 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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