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3-bed · 2,187 sqftShoreline - Khushkar, Palm Jumeirah · completed 2007

1202, Shoreline - Khushkar

Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 4 October 2023
Last soldAED 1.96M27 May 2013
Current rentAED 280K /yr4 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Shoreline - Khushkar

What is 1202 worth today?

Last sold for AED 1,962,000 in 2013

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4 Oct 2023RentedNew contract
AED 280,000/yr24 months · AED 128 per sqft
1 Mar 2022RentedRenewal
AED 140,000/yr12 months · AED 64 per sqft
1 Mar 2021RentedNew contract
AED 122,000/yr12 months · AED 56 per sqft
15 Aug 2019RentedRenewal
AED 170,000/yr12 months · AED 78 per sqft
15 Aug 2018RentedRenewal
AED 170,000/yr12 months · AED 78 per sqft
15 Aug 2017RentedRenewal
AED 195,000/yr12 months · AED 89 per sqft
15 Mar 2017RentedRenewal
AED 195,000/yr5 months · AED 89 per sqft
15 Mar 2015RentedNew contract
AED 195,000/yr12 months · AED 89 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 October 2023.

Key facts

Type
3-bed apartment
Size
2,187 sqft
Parking
B1-5,B1-6
Developer
Nakheel
Completed
2007
Service charge
AED 34,300 /yr
Last sold
AED 1.96M · May 2013
Building
Shoreline - Khushkar

About 1202, Shoreline - Khushkar

1202 is a three-bedroom apartment of 2,187 sqft of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 27 May 2013 for AED 1,962,000, or AED 897 per sqft, in line with the AED 919 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 4 October 2023, is AED 280,000 a year: a gross yield of 14.3% on the 2013 price, before the service charge of about AED 34,300 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, 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, May 2013: AED 1,962,000 (AED 897 per sqft)

1202 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1202, each contractTypical three-bed in Shoreline - Khushkar
100K200K300K2012201620202024Typical 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, November 2012: AED 170,000 a yearNew contract, March 2015: AED 195,000 a yearRenewal, March 2017: AED 195,000 a yearRenewal, August 2017: AED 195,000 a yearRenewal, August 2018: AED 170,000 a yearRenewal, August 2019: AED 170,000 a yearNew contract, March 2021: AED 122,000 a yearRenewal, March 2022: AED 140,000 a yearNew contract, October 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 - Khushkar, and where 1202 sits

All 46 3-beds →

1202 last sold in May 2013 at AED 897 per sqft, in line with what three-beds in Shoreline - Khushkar were fetching at the time (AED 919).

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 →

1202, Shoreline - Khushkar in numbers

  • Sold once: by Nakheel on 27 May 2013 for AED 1,962,000, or AED 897 per sqft.
  • Rented since November 2012 on 9 Ejari contracts. The rent fell from AED 170,000 to AED 122,000 in 2021 and recovered to AED 280,000 by October 2023.
  • At AED 280,000 a year the gross yield on the 2013 price is 14.3%, before a service charge of about AED 34,300 a year (AED 15.70 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 4 October 2023.

Questions about 1202, Shoreline - Khushkar

What did unit 1202 last sell for?

AED 1,962,000 on 27 May 2013, sold by the developer: AED 897 per sqft for 2,187 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 280,000 a year on the contract signed on 4 October 2023. The previous contract, from March 2022, was AED 140,000; the unit has been rented since November 2012.

How big is unit 1202?

2,187 sqft (203.2 sqm): a three-bedroom apartment of a 11-storey tower completed in 2007.

What is unit 1202 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 1202, Shoreline - Khushkar

Starts from the last sale price (AED 1.96M, 27 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,962,000
Deposit, UAE resident (20%)
AED 392,400
Deposit, non-resident (40%)
AED 784,800
Monthly over 25 years at 3.7%
AED 8,027

Plus AED 87,414 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →