3-bed · 1,069 sqftShoreline - Khushkar, Palm Jumeirah · 10th floor · completed 2007

1003, Shoreline - Khushkar

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 21 December 2019
Last soldAED 1.18M19 April 2009
Current rentAED 172K /yr21 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Shoreline - Khushkar

What is 1003 worth today?

Last sold for AED 1,175,000 in 2009

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21 Dec 2019RentedRenewal
AED 172,000/yr12 months · AED 80 per sqft
21 Dec 2018RentedRenewal
AED 185,000/yr12 months · AED 86 per sqft
21 Dec 2017RentedRenewal
AED 203,500/yr12 months · AED 95 per sqft
21 Dec 2016RentedRenewal
AED 203,500/yr12 months · AED 95 per sqft
21 Dec 2015RentedNew contract
AED 185,000/yr12 months · AED 86 per sqft
1 Sep 2014RentedNew contract
AED 200,000/yr12 months · AED 93 per sqft
19 Apr 2009Sold by developerReady
AED 1,175,000AED 549 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 December 2019.

Key facts

Type
3-bed apartment
Size
1,069 sqft
Floor
10th of 11
Parking
B1-18,B1-19
Developer
Nakheel
Completed
2007
Service charge
AED 16,800 /yr
Last sold
AED 1.18M · April 2009

About 1003, Shoreline - Khushkar

1003 is a three-bedroom apartment of 1,069 sqft on the 10th floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 19 April 2009 for AED 1,175,000, or AED 549 per sqft, in line with the AED 537 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 21 December 2019, is AED 172,000 a year: a gross yield of 14.6% on the 2009 price, before the service charge of about AED 16,800 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical three-bed in Shoreline - Khushkar
2M4M2009201420192024Typical sale price by year: 2009 AED 1,175,000; 2010 AED 1,850,000; 2011 AED 1,800,000; 2012 AED 1,975,000; 2013 AED 1,999,000; 2014 AED 3,225,000; 2015 AED 2,750,000; 2016 AED 2,900,000; 2017 AED 2,700,000; 2018 AED 2,200,000; 2022 AED 2,614,000; 2023 AED 3,750,000; 2024 AED 4,150,000; 2025 AED 4,817,500Sold by developer, April 2009: AED 1,175,000 (AED 549 per sqft)

1003 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1003, each contractTypical three-bed in Shoreline - Khushkar
200K2012201620202024Typical rent by year: 2012 AED 152,250; 2013 AED 160,000; 2014 AED 194,465; 2015 AED 185,000; 2016 AED 176,000; 2017 AED 178,000; 2018 AED 160,000; 2019 AED 145,500; 2020 AED 130,500; 2021 AED 125,000; 2022 AED 149,746; 2023 AED 185,000; 2024 AED 220,000; 2025 AED 252,000New contract, September 2014: AED 200,000 a yearNew contract, December 2015: AED 185,000 a yearRenewal, December 2016: AED 203,500 a yearRenewal, December 2017: AED 203,500 a yearRenewal, December 2018: AED 185,000 a yearRenewal, December 2019: AED 172,000 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 - Khushkar, and where 1003 sits

All 46 3-beds →

1003 last sold in April 2009 at AED 549 per sqft, in line with what three-beds in Shoreline - Khushkar were fetching at the time (AED 537).

Recent 3-bed salesUnit no.Price (AED)Summary
14 Jul 20254,995,000
9 May 20254,835,000
16 Apr 20254,450,000
14 Mar 20254,800,000
0 3-bed sales in the last 12 months

Shoreline - Khushkar

Building

132 apartments, 1-bed to 4-bed over 11 floors in Palm Jumeirah, completed in 2007 by Nakheel. 2 sold in the last 12 months.

Typical price per sqft
AED 2,584
Typical sale
AED 4.6M
Typical rent
AED 175K /yr
Typical yield
4.5%
Shoreline - Khushkar, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 132 units in Shoreline - Khushkar
Value
10012-bedAED 825K · Jul 2009
10023-bedAED 1.18M · Feb 2009
10041-bedAED 1.4M · Jul 2017
10052-bedAED 815K · Feb 2009
10062-bedAED 1.05M · Feb 2009
10072-bedAED 2.18M · Oct 2017
10082-bedAED 815K · Feb 2009
1–7 of 11

1003, Shoreline - Khushkar in numbers

  • Sold once: by Nakheel on 19 April 2009 for AED 1,175,000, or AED 549 per sqft.
  • Rented since September 2014 on 6 Ejari contracts, from AED 200,000 to AED 172,000 a year.
  • At AED 172,000 a year the gross yield on the 2009 price is 14.6%, before a service charge of about AED 16,800 a year (AED 15.70 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 21 December 2019.

Questions about 1003, Shoreline - Khushkar

What did unit 1003 last sell for?

AED 1,175,000 on 19 April 2009, sold by the developer: AED 549 per sqft for 1,069 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 172,000 a year on the contract renewed on 21 December 2019. The previous contract, from December 2018, was AED 185,000; the unit has been rented since September 2014.

How big is unit 1003?

1,069 sqft (99.3 sqm): a three-bedroom apartment on the 10th floor of a 11-storey tower completed in 2007.

What is unit 1003 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 1003, Shoreline - Khushkar

Starts from the last sale price (AED 1.18M, 19 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 →