3-bed · 2,182 sqftShoreline - Sultana, Palm Jumeirah · 6th floor · completed 2007

602, Shoreline - Sultana

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 3.6M1 June 2023
Current rentAED 151K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Shoreline - Sultana

What is 602 worth today?

Last sold for AED 3,600,000 in 2023

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1 Jun 2023SoldReady
AED 3,600,000AED 1,650 per sqft
1 Oct 2022RentedRenewal
AED 150,700/yr12 months · AED 68 per sqft
1 Oct 2021RentedRenewal
AED 137,000/yr12 months · AED 62 per sqft
1 Oct 2020RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
1 Oct 2018RentedNew contract
AED 155,000/yr12 months · AED 70 per sqft
9 Jul 2016RentedRenewal
AED 185,515/yr12 months · AED 84 per sqft
9 Apr 2016RentedRenewal
AED 200,000/yr3 months · AED 90 per sqft
9 Oct 2015RentedRenewal
AED 100,000/yr6 months · AED 45 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Floor
6th of 8
Parking
1B2-99,1B2-100
Developer
Nakheel
Completed
2007
Service charge
AED 31,400 /yr
Last sold
AED 3.6M · June 2023

About 602, Shoreline - Sultana

602 is a three-bedroom apartment of 2,182 sqft on the 6th floor of Shoreline - Sultana, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 1 June 2023 for AED 3,600,000, or AED 1,650 per sqft, 3% below the AED 1,705 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 150,700 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 31,400 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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 1,175,000 (AED 538 per sqft)Sold, June 2009: AED 2,400,000 (AED 1,100 per sqft)Sold, June 2023: AED 3,600,000 (AED 1,650 per sqft)

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

Rents
Unit 602, 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, July 2012: AED 190,000 a yearNew contract, July 2013: AED 190,000 a yearNew contract, July 2014: AED 209,549 a yearRenewal, October 2015: AED 100,000 a yearRenewal, April 2016: AED 200,000 a yearRenewal, July 2016: AED 185,515 a yearNew contract, October 2018: AED 155,000 a yearRenewal, October 2020: AED 130,000 a yearRenewal, October 2021: AED 137,000 a yearRenewal, October 2022: AED 150,700 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 602 sits

All 35 3-beds →

602 last sold in June 2023 at AED 1,650 per sqft, 3% below what three-beds in Shoreline - Sultana were fetching at the time (AED 1,705). 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. 602's AED 150,700 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 6th floor

All 95 units in Shoreline - Sultana
Value
6012-bedAED 825K · Mar 2009
6033-bedAED 1.28M · Apr 2009
6041-bedAED 2M · Mar 2009
6052-bedAED 2.7M · Jan 2012
6062-bedAED 3.37M · Jun 2017
6072-bedAED 996K · Apr 2010
6082-bedAED 4.55M · Nov 2024
1–7 of 11

602, Shoreline - Sultana in numbers

  • Sold 3 times: first on 20 April 2009 for AED 1,175,000, last on 1 June 2023 for AED 3,600,000 (AED 1,650 per sqft).
  • Rented since July 2012 on 10 Ejari contracts. The rent fell from AED 190,000 to AED 100,000 in 2015 and recovered to AED 150,700 by October 2022.
  • At AED 150,700 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 31,400 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 2023.

Questions about 602, Shoreline - Sultana

What did unit 602 last sell for?

AED 3,600,000 on 1 June 2023: AED 1,650 per sqft for 2,182 sqft. The unit has 3 registered sales; the first was AED 1,175,000 in April 2009.

What is the rent for unit 602?

AED 150,700 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 137,000; the unit has been rented since July 2012.

How big is unit 602?

2,182 sqft (202.7 sqm): a three-bedroom apartment on the 6th floor of a 8-storey tower completed in 2007.

What is unit 602 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 602, Shoreline - Sultana

Starts from the last sale price (AED 3.6M, 1 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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