3-bed · 2,182 sqftShoreline - Jash Falqa, Palm Jumeirah · completed 2007

902, Shoreline - Jash Falqa

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 1.18M20 April 2009
Current rentAED 280K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Shoreline - Jash Falqa

What is 902 worth today?

Last sold for AED 1,175,000 in 2009

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1 Dec 2023RentedNew contract
AED 280,000/yr12 months · AED 128 per sqft
29 Jul 2018RentedNew contract
AED 165,000/yr12 months · AED 76 per sqft
12 Apr 2016RentedNew contract
AED 200,000/yr12 months · AED 92 per sqft
10 Mar 2015RentedNew contract
AED 200,000/yr12 months · AED 92 per sqft
3 Dec 2013RentedNew contract
AED 178,500/yr12 months · AED 82 per sqft
3 Dec 2012RentedNew contract
AED 170,000/yr12 months · AED 78 per sqft
20 Apr 2009Sold by developerReady
AED 1,175,000AED 538 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2023.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Parking
2B1-60,2B1-61
Developer
Nakheel
Completed
2007
Service charge
AED 26,300 /yr
Last sold
AED 1.18M · April 2009

About 902, Shoreline - Jash Falqa

902 is a three-bedroom apartment of 2,182 sqft of Shoreline - Jash Falqa, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 20 April 2009 for AED 1,175,000, or AED 538 per sqft, 10% below the AED 595 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 1 December 2023, is AED 280,000 a year: a gross yield of 23.8% on the 2009 price, before the service charge of about AED 26,300 a year.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical three-bed in Shoreline - Jash Falqa
2M4M2009201320172021Typical sale price by year: 2009 AED 1,275,000; 2010 AED 2,175,000; 2011 AED 1,850,000; 2012 AED 3,200,000; 2013 AED 2,850,000; 2016 AED 3,230,000; 2017 AED 2,835,000; 2018 AED 2,250,000; 2019 AED 2,612,500; 2021 AED 2,300,000; 2022 AED 3,500,000; 2023 AED 4,000,000Sold by developer, April 2009: AED 1,175,000 (AED 538 per sqft)

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

Rents
Unit 902, each contractTypical three-bed in Shoreline - Jash Falqa
200K300K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 190,500; 2014 AED 210,000; 2015 AED 200,000; 2016 AED 200,000; 2017 AED 195,000; 2018 AED 182,500; 2019 AED 167,500; 2020 AED 155,000; 2021 AED 170,000; 2022 AED 174,352; 2023 AED 270,000; 2024 AED 270,500; 2025 AED 266,250New contract, December 2012: AED 170,000 a yearNew contract, December 2013: AED 178,500 a yearNew contract, March 2015: AED 200,000 a yearNew contract, April 2016: AED 200,000 a yearNew contract, July 2018: AED 165,000 a yearNew contract, December 2023: AED 280,000 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 - Jash Falqa, and where 902 sits

All 33 3-beds →

902 last sold in April 2009 at AED 538 per sqft, 10% below what three-beds in Shoreline - Jash Falqa were fetching at the time (AED 595). Over the last 12 months three-beds sold for AED 6,400,000 to 6,600,000, around AED 2,995 per sqft, and rent for AED 275,000 to 275,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Feb 20266,400,000
16 Jan 20256,000,000
5 Dec 20244,450,000
19 Sep 20245,775,000
2 3-bed sales in the last 12 months

Shoreline - Jash Falqa

Building

95 apartments, 1-bed to 4-bed over 8 floors in Palm Jumeirah, completed in 2007 by Nakheel. 2 sold in the last 12 months.

Typical price per sqft
AED 2,995
Typical sale
AED 6.5M
Typical rent
AED 170K /yr
Typical yield
4.8%
Shoreline - Jash Falqa, Palm Jumeirah: prices, sales and rents →

902, Shoreline - Jash Falqa in numbers

  • Sold once: by Nakheel on 20 April 2009 for AED 1,175,000, or AED 538 per sqft.
  • Rented since December 2012 on 6 Ejari contracts, from AED 170,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2009 price is 23.8%, before a service charge of about AED 26,300 a year (AED 12.05 per sqft).
  • Three-beds in Shoreline - Jash Falqa sold for AED 6,400,000–6,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,995 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2023.

Questions about 902, Shoreline - Jash Falqa

What did unit 902 last sell for?

AED 1,175,000 on 20 April 2009, sold by the developer: AED 538 per sqft for 2,182 sqft. It is the only registered sale of the unit.

What is the rent for unit 902?

AED 280,000 a year on the contract signed on 1 December 2023. The previous contract, from July 2018, was AED 165,000; the unit has been rented since December 2012.

How big is unit 902?

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

What is unit 902 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Jash Falqa sold for AED 6,400,000 to 6,600,000 in the last 12 months, around AED 2,995 per sqft.

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Mortgage on 902, Shoreline - Jash Falqa

Starts from the last sale price (AED 1.18M, 20 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

Plus AED 54,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →