1-bed · 1,145 sqftShoreline - Khushkar, Palm Jumeirah · 3rd floor · completed 2007

309, Shoreline - Khushkar

Sold prices and rental history: sold once, by the developer in July 2009, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 600K16 July 2009
Current rentAED 130K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Shoreline - Khushkar

What is 309 worth today?

Last sold for AED 600,000 in 2009

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1 Aug 2024RentedNew contract
AED 130,000/yr12 months · AED 114 per sqft
16 Jul 2009Sold by developerReady
AED 600,000AED 524 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
3rd of 11
Parking
B2-2
Developer
Nakheel
Completed
2007
Service charge
AED 18,000 /yr
Last sold
AED 600K · July 2009

About 309, Shoreline - Khushkar

309 is a one-bedroom apartment of 1,145 sqft on the 3rd floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 16 July 2009 for AED 600,000, or AED 524 per sqft, in line with the AED 524 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2024. The current contract, signed on 1 August 2024, is AED 130,000 a year: a gross yield of 21.7% on the 2009 price, before the service charge of about AED 18,000 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Shoreline - Khushkar
1M2M2009201320172021Typical sale price by year: 2009 AED 600,000; 2010 AED 1,500,000; 2012 AED 887,500; 2013 AED 1,900,000; 2014 AED 892,800; 2022 AED 1,555,092Sold by developer, July 2009: AED 600,000 (AED 524 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Shoreline - Khushkar
100K2012201620202024Typical rent by year: 2012 AED 79,558; 2013 AED 92,000; 2014 AED 105,000; 2015 AED 112,500; 2016 AED 111,320; 2017 AED 101,500; 2018 AED 100,000; 2019 AED 82,500; 2020 AED 72,500; 2021 AED 74,000; 2022 AED 86,000; 2023 AED 115,250; 2024 AED 126,000; 2025 AED 130,000New contract, August 2024: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Khushkar, and where 309 sits

All 24 1-beds →

309 last sold in July 2009 at AED 524 per sqft, in line with what one-beds in Shoreline - Khushkar were fetching at the time (AED 524). 309's AED 130,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Dec 20242,200,000
13 Oct 20221,650,000
8 Aug 20221,555,092
14 Jan 2022166,635
0 1-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 3rd floor

All 132 units in Shoreline - Khushkar
Value
301AED 2.02M · Aug 2013
3023-bedAED 1.15M · Feb 2009
3033-bedAED 2.3M · Aug 2022
3041-bedAED 2.2M · Dec 2024
3052-bedAED 1.25M · Feb 2019
3062-bedAED 1.95M · Jul 2021
3072-bedAED 5.3M · Jan 2026
1–7 of 11

309, Shoreline - Khushkar in numbers

  • Sold once: by Nakheel on 16 July 2009 for AED 600,000, or AED 524 per sqft.
  • Rented since August 2024 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2009 price is 21.7%, before a service charge of about AED 18,000 a year (AED 15.70 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Questions about 309, Shoreline - Khushkar

What did unit 309 last sell for?

AED 600,000 on 16 July 2009, sold by the developer: AED 524 per sqft for 1,145 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 130,000 a year on the contract signed on 1 August 2024.

How big is unit 309?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2007.

What is unit 309 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 309, Shoreline - Khushkar

Starts from the last sale price (AED 600K, 16 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →