PH01, Shoreline - Sultana
Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for PH01, Shoreline - Sultana
What is PH01 worth today?
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Source: Dubai Land Department. Updated 1 February 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 4,838 sqft
- Parking
- 1B1-15,1B1-16,1B1-17
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 69,600 /yr
- Last sold
- AED 2.6M · September 2013
- Building
- Shoreline - Sultana
About PH01, Shoreline - Sultana
PH01 is a four-bedroom apartment of 4,838 sqft of Shoreline - Sultana, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 30 September 2013 for AED 2,600,000, or AED 537 per sqft, 13% below the AED 619 four-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 365,000 a year: a gross yield of 14.0% on the 2013 price, before the service charge of about AED 69,600 a year.
4-beds in Shoreline - Sultana, and where PH01 sits
All 4 4-beds →PH01 last sold in September 2013 at AED 537 per sqft, 13% below what four-beds in Shoreline - Sultana were fetching at the time (AED 619).
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 201519 October 2015 | 2,618 sqft | 4,500,000 | 1,718 | ||
| 9 Sep 20139 September 2013 | 5,236 sqft | 3,737,500 | 713 | ||
| 2 May 20132 May 2013 | 5,249 sqft | 3,250,000 | 619 | ||
| 29 Oct 200929 October 2009 | 4,838 sqft | 2,600,000 | 537 |
Shoreline - Sultana
Building95 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%
PH01, Shoreline - Sultana in numbers
- Sold once: by Nakheel on 30 September 2013 for AED 2,600,000, or AED 537 per sqft.
- Rented since October 2014 on 8 Ejari contracts, from AED 338,000 to AED 365,000 a year.
- At AED 365,000 a year the gross yield on the 2013 price is 14.0%, before a service charge of about AED 69,600 a year (AED 14.39 per sqft).
Source: Dubai Land Department. Updated 1 February 2024.
Questions about PH01, Shoreline - Sultana
What did unit PH01 last sell for?
AED 2,600,000 on 30 September 2013, sold by the developer: AED 537 per sqft for 4,838 sqft. It is the only registered sale of the unit.
What is the rent for unit PH01?
AED 365,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 365,000; the unit has been rented since October 2014.
How big is unit PH01?
4,838 sqft (449.5 sqm): a four-bedroom apartment of a 8-storey tower completed in 2007.
What is unit PH01 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on PH01, Shoreline - Sultana
Starts from the last sale price (AED 2.6M, 30 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →