3-bed · 2,202 sqftShoreline - Jash Hamad, Palm Jumeirah · 3rd floor · completed 2007

311, Shoreline - Jash Hamad

Sold prices and rental history: sold once, by the developer in June 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 988K7 June 2012
Current rentAED 200K /yr25 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Shoreline - Jash Hamad

What is 311 worth today?

Last sold for AED 987,746 in 2012

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25 Mar 2024RentedNew contract
AED 200,000/yr12 months · AED 91 per sqft
25 Mar 2024RentedNew contract
AED 200,000/yr12 months · AED 91 per sqft
21 Jan 2023RentedNew contract
AED 115,000/yr12 months · AED 52 per sqft
21 Jan 2022RentedRenewal
AED 115,000/yr12 months · AED 51 per sqft
21 Jan 2022RentedNew contract
AED 115,000/yr12 months · AED 52 per sqft
21 Jan 2021RentedNew contract
AED 105,000/yr12 months · AED 46 per sqft
15 Jul 2018RentedNew contract
AED 145,000/yr12 months · AED 64 per sqft
1 Jul 2017RentedRenewal
AED 175,000/yr12 months · AED 77 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 March 2024.

Key facts

Type
3-bed apartment
Size
2,202 sqft
Floor
3rd of 9
Parking
B2-46,B2-47
Developer
Nakheel
Completed
2007
Service charge
AED 29,400 /yr
Last sold
AED 988K · June 2012

About 311, Shoreline - Jash Hamad

311 is a three-bedroom apartment of 2,202 sqft on the 3rd floor of Shoreline - Jash Hamad, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 7 June 2012 for AED 987,746, or AED 448 per sqft, 47% below the AED 853 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 25 March 2024, is AED 200,000 a year: a gross yield of 20.3% on the 2012 price, before the service charge of about AED 29,400 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical three-bed in Shoreline - Jash Hamad
2M4M2012201620202024Typical sale price by year: 2012 AED 1,975,492; 2013 AED 2,575,000; 2015 AED 3,030,000; 2016 AED 2,690,000; 2021 AED 1,940,000; 2023 AED 3,375,000; 2024 AED 4,000,000Sold by developer, June 2012: AED 987,746 (AED 448 per sqft)

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

Rents
Unit 311, each contractTypical three-bed in Shoreline - Jash Hamad
100K200K2012201620202024Typical rent by year: 2012 AED 165,000; 2013 AED 178,500; 2014 AED 190,000; 2015 AED 190,000; 2016 AED 196,225; 2017 AED 175,000; 2018 AED 167,500; 2019 AED 150,000; 2020 AED 125,000; 2021 AED 130,000; 2022 AED 180,000; 2023 AED 235,500; 2024 AED 265,000; 2025 AED 270,000; 2026 AED 260,000New contract, August 2015: AED 185,000 a yearNew contract, August 2016: AED 190,364 a yearRenewal, July 2017: AED 175,000 a yearNew contract, July 2018: AED 145,000 a yearNew contract, January 2021: AED 105,000 a yearRenewal, January 2022: AED 115,000 a yearNew contract, January 2022: AED 115,000 a yearNew contract, January 2023: AED 115,000 a yearNew contract, March 2024: AED 200,000 a yearNew contract, March 2024: AED 200,000 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 Hamad, and where 311 sits

All 38 3-beds →

311 last sold in June 2012 at AED 448 per sqft, 47% below what three-beds in Shoreline - Jash Hamad were fetching at the time (AED 853). Over the last 12 months three-beds sold for AED 5,400,000, around AED 2,497 per sqft, and rent for AED 220,416 to 300,000 a year. 311's AED 200,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
31 Jan 20265,400,000
18 Feb 20255,600,000
27 Jan 20253,400,000
13 Dec 20244,200,000
1 3-bed sale in the last 12 months

Shoreline - Jash Hamad

Building

108 apartments, 1-bed to 3-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 2 sold in the last 12 months.

Typical price per sqft
AED 2,388
Typical sale
AED 4.5M
Typical rent
AED 190K /yr
Typical yield
4.7%
Shoreline - Jash Hamad, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 108 units in Shoreline - Jash Hamad
Value
3012-bedAED 2.1M · Aug 2015
3023-bedAED 1.98M · May 2012
3033-bedAED 3.08M · Jan 2023
3041-bedAED 1.5M · Apr 2017
3052-bedAED 1.5M · Jan 2013
3062-bedAED 1.44M · Feb 2020
3072-bedAED 1.67M · Jun 2012
1–7 of 11

311, Shoreline - Jash Hamad in numbers

  • Sold once: by Nakheel on 7 June 2012 for AED 987,746, or AED 448 per sqft.
  • Rented since August 2015 on 10 Ejari contracts. The rent fell from AED 185,000 to AED 105,000 in 2021 and recovered to AED 200,000 by March 2024.
  • At AED 200,000 a year the gross yield on the 2012 price is 20.3%, before a service charge of about AED 29,400 a year (AED 13.34 per sqft).
  • Three-beds in Shoreline - Jash Hamad sold for AED 5,400,000–5,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,388 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 March 2024.

Questions about 311, Shoreline - Jash Hamad

What did unit 311 last sell for?

AED 987,746 on 7 June 2012, sold by the developer: AED 448 per sqft for 2,202 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 200,000 a year on the contract signed on 25 March 2024. The previous contract, from March 2024, was AED 200,000; the unit has been rented since August 2015.

How big is unit 311?

2,202 sqft (204.6 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 311 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 Hamad sold for AED 5,400,000 to 5,400,000 in the last 12 months, around AED 2,497 per sqft.

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Mortgage on 311, Shoreline - Jash Hamad

Starts from the last sale price (AED 988K, 7 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 987,746
Deposit, UAE resident (20%)
AED 197,549
Deposit, non-resident (40%)
AED 395,098
Monthly over 25 years at 3.7%
AED 4,041

Plus AED 46,495 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →