2-bed · 1,551 sqftShoreline - Tamr, Palm Jumeirah · 3rd floor · completed 2007

305, Shoreline - Tamr

Sold prices and rental history: sold 3 times, last in September 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 775K12 September 2012
Current rentAED 120K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Shoreline - Tamr

What is 305 worth today?

Last sold for AED 775,000 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2024RentedNew contract
AED 120,000/yr25 months · AED 77 per sqft
27 Jun 2023RentedRenewal
AED 138,000/yr12 months · AED 89 per sqft
27 Jun 2022RentedRenewal
AED 120,000/yr12 months · AED 77 per sqft
27 Jun 2021RentedNew contract
AED 110,000/yr12 months · AED 71 per sqft
1 Nov 2020RentedNew contract
AED 110,000/yr12 months · AED 71 per sqft
3 Oct 2013RentedNew contract
AED 141,750/yr12 months · AED 91 per sqft
12 Sep 2012SoldReady
AED 775,000AED 499 per sqft
26 Jul 2011SoldReady
AED 1,290,000AED 831 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
3rd of 10
Parking
B2-38
Developer
Nakheel
Completed
2007
Service charge
AED 21,300 /yr
Last sold
AED 775K · September 2012

About 305, Shoreline - Tamr

305 is a two-bedroom apartment of 1,551 sqft on the 3rd floor of Shoreline - Tamr, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 12 September 2012 for AED 775,000, or AED 499 per sqft, 23% below the AED 651 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 September 2024, is AED 120,000 a year: a gross yield of 15.5% on the 2012 price, before the service charge of about AED 21,300 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, March 2009: AED 790,000 (AED 509 per sqft)Sold, July 2011: AED 1,290,000 (AED 831 per sqft)Sold, September 2012: AED 775,000 (AED 499 per sqft)

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

Rents
Unit 305, 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 141,750 a yearNew contract, November 2020: AED 110,000 a yearNew contract, June 2021: AED 110,000 a yearRenewal, June 2022: AED 120,000 a yearRenewal, June 2023: AED 138,000 a yearNew contract, September 2024: AED 120,000 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 305 sits

All 49 2-beds →

305 last sold in September 2012 at AED 499 per sqft, 23% below what two-beds in Shoreline - Tamr were fetching at the time (AED 651). 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. 305's AED 120,000 is at the bottom 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 →

Other units on the 3rd floor

All 90 units in Shoreline - Tamr
Value
3012-bedAED 2.8M · Jul 2024
3023-bedAED 4.9M · Apr 2026
3033-bedAED 2.67M · Apr 2022
3041-bedAED 2.35M · Sep 2024
3062-bedNo registered sale
3072-bedAED 3.85M · Apr 2026
3082-bedAED 790K · Apr 2009
1–7 of 9

305, Shoreline - Tamr in numbers

  • Sold 3 times: first on 2 March 2009 for AED 790,000, last on 12 September 2012 for AED 775,000 (AED 499 per sqft).
  • Rented since October 2013 on 6 Ejari contracts, from AED 141,750 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2012 price is 15.5%, 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 1 September 2024.

Questions about 305, Shoreline - Tamr

What did unit 305 last sell for?

AED 775,000 on 12 September 2012: AED 499 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 790,000 in March 2009.

What is the rent for unit 305?

AED 120,000 a year on the contract signed on 1 September 2024. The previous contract, from June 2023, was AED 138,000; the unit has been rented since October 2013.

How big is unit 305?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2007.

What is unit 305 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.

Selling 305? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 305, Shoreline - Tamr

Starts from the last sale price (AED 775K, 12 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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