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2-bed · 1,546 sqftShoreline - Tamr, Palm Jumeirah · completed 2007

1108, Shoreline - Tamr

Sold prices and rental history: sold once, by the developer in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 26 November 2024
Last soldAED 3.5M26 November 2024
Current rentAED 169K /yr16 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1108, Shoreline - Tamr

What is 1108 worth today?

Last sold for AED 3,500,000 in 2024

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26 Nov 2024Sold by developerReady
AED 3,500,000AED 2,263 per sqft
16 Jul 2024RentedRenewal
AED 169,000/yr12 months · AED 109 per sqft
16 Jul 2023RentedNew contract
AED 155,000/yr12 months · AED 100 per sqft
1 Apr 2022RentedRenewal
AED 95,000/yr12 months · AED 61 per sqft
1 Apr 2021RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
1 Apr 2020RentedNew contract
AED 95,000/yr12 months · AED 61 per sqft
31 Aug 2019RentedRenewal
AED 115,000/yr24 months · AED 74 per sqft
31 Aug 2018RentedRenewal
AED 125,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 26 November 2024.

Key facts

Type
2-bed apartment
Size
1,546 sqft
Parking
B1-33
Developer
Nakheel
Completed
2007
Service charge
AED 21,300 /yr
Last sold
AED 3.5M · November 2024
Building
Shoreline - Tamr

About 1108, Shoreline - Tamr

1108 is a two-bedroom apartment of 1,546 sqft of Shoreline - Tamr, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 26 November 2024 for AED 3,500,000, or AED 2,263 per sqft, 13% above the AED 1,999 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 16 July 2024, is AED 169,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 21,300 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical two-bed in Shoreline - Tamr
2M4M2009201420192024Typical sale price by year: 2009 AED 815,000; 2010 AED 1,400,000; 2011 AED 1,290,000; 2012 AED 1,410,000; 2013 AED 2,100,000; 2014 AED 2,400,000; 2015 AED 2,260,000; 2016 AED 2,150,000; 2017 AED 1,975,000; 2022 AED 2,412,500; 2023 AED 2,387,500; 2024 AED 3,150,000; 2025 AED 3,700,000Sold by developer, November 2024: AED 3,500,000 (AED 2,263 per sqft)

1108 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1108, each contractTypical two-bed in Shoreline - Tamr
100K150K2012201620202024Typical rent by year: 2012 AED 125,625; 2013 AED 125,000; 2014 AED 145,000; 2015 AED 155,000; 2016 AED 154,540; 2017 AED 145,000; 2018 AED 130,500; 2019 AED 115,000; 2020 AED 105,000; 2021 AED 100,000; 2022 AED 119,225; 2023 AED 152,500; 2024 AED 170,000; 2025 AED 175,500; 2026 AED 165,000New contract, October 2013: AED 120,000 a yearNew contract, February 2015: AED 160,000 a yearNew contract, August 2017: AED 125,000 a yearRenewal, August 2018: AED 125,000 a yearRenewal, August 2019: AED 115,000 a yearNew contract, April 2020: AED 95,000 a yearRenewal, April 2021: AED 85,000 a yearRenewal, April 2022: AED 95,000 a yearNew contract, July 2023: AED 155,000 a yearRenewal, July 2024: AED 169,000 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 - Tamr, and where 1108 sits

All 49 2-beds →

1108 last sold in November 2024 at AED 2,263 per sqft, 13% above what two-beds in Shoreline - Tamr were fetching at the time (AED 1,999). Over the last 12 months two-beds sold for AED 3,800,000 to 4,100,000, around AED 2,056 per sqft, and rent for AED 132,000 to 300,000 a year. 1108's AED 169,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Jun 20264,100,000
13 Apr 20263,850,000
4 Dec 20253,800,000
9 Sep 20253,600,000
3 2-bed sales in the last 12 months

Shoreline - Tamr

Building

90 apartments, 1-bed to 4-bed over 10 floors in Palm Jumeirah, completed in 2007 by Nakheel. 11 sold in the last 12 months.

Typical price per sqft
AED 2,292 Up 5.4%
Typical sale
AED 4.9M
Typical rent
AED 165K /yr
Typical yield
4.8%
Shoreline - Tamr, Palm Jumeirah: prices, sales and rents →

1108, Shoreline - Tamr in numbers

  • Sold once: by Nakheel on 26 November 2024 for AED 3,500,000, or AED 2,263 per sqft.
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 85,000 in 2021 and recovered to AED 169,000 by July 2024.
  • At AED 169,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 21,300 a year (AED 13.76 per sqft).
  • Two-beds in Shoreline - Tamr sold for AED 3,800,000–4,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,292 per sqft.

Source: Dubai Land Department. Updated 26 November 2024.

Questions about 1108, Shoreline - Tamr

What did unit 1108 last sell for?

AED 3,500,000 on 26 November 2024, sold by the developer: AED 2,263 per sqft for 1,546 sqft. It is the only registered sale of the unit.

What is the rent for unit 1108?

AED 169,000 a year on the contract renewed on 16 July 2024. The previous contract, from July 2023, was AED 155,000; the unit has been rented since October 2013.

How big is unit 1108?

1,546 sqft (143.6 sqm): a two-bedroom apartment of a 10-storey tower completed in 2007.

What is unit 1108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Tamr sold for AED 3,800,000 to 4,100,000 in the last 12 months, around AED 2,056 per sqft.

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Mortgage on 1108, Shoreline - Tamr

Starts from the last sale price (AED 3.5M, 26 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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