3-bed · 2,218 sqftShoreline - Khushkar, Palm Jumeirah · 5th floor · completed 2007

502, Shoreline - Khushkar

Sold prices and rental history: sold twice, last in August 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 24 January 2025
Last soldAED 2.85M19 August 2013
Current rentAED 252K /yr24 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Shoreline - Khushkar

What is 502 worth today?

Last sold for AED 2,850,000 in 2013

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24 Jan 2025RentedRenewal
AED 252,000/yr6 months · AED 114 per sqft
25 Jul 2024RentedRenewal
AED 252,000/yr6 months · AED 114 per sqft
25 Jan 2024RentedRenewal
AED 246,000/yr6 months · AED 111 per sqft
25 Jul 2023RentedRenewal
AED 180,000/yr6 months · AED 81 per sqft
25 Jul 2022RentedRenewal
AED 140,000/yr12 months · AED 63 per sqft
25 Jul 2021RentedNew contract
AED 140,000/yr12 months · AED 63 per sqft
1 Oct 2020RentedRenewal
AED 133,333/yr9 months · AED 60 per sqft
1 Oct 2019RentedRenewal
AED 135,000/yr12 months · AED 61 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 January 2025.

Key facts

Type
3-bed apartment
Size
2,218 sqft
Floor
5th of 11
Parking
B2-76,B2-77
Developer
Nakheel
Completed
2007
Service charge
AED 34,800 /yr
Last sold
AED 2.85M · August 2013

About 502, Shoreline - Khushkar

502 is a three-bedroom apartment of 2,218 sqft on the 5th floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 19 August 2013 for AED 2,850,000, or AED 1,284 per sqft, 34% above the AED 960 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 24 January 2025, is AED 252,000 a year: a gross yield of 8.8% on the 2013 price, before the service charge of about AED 34,800 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, August 2013: AED 2,850,000 (AED 1,284 per sqft)

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

Rents
Unit 502, 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, October 2016: AED 165,000 a yearRenewal, October 2018: AED 145,000 a yearRenewal, October 2019: AED 135,000 a yearRenewal, October 2020: AED 133,333 a yearNew contract, July 2021: AED 140,000 a yearRenewal, July 2022: AED 140,000 a yearRenewal, July 2023: AED 180,000 a yearRenewal, January 2024: AED 246,000 a yearRenewal, July 2024: AED 252,000 a yearRenewal, January 2025: AED 252,000 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 502 sits

All 46 3-beds →

502 last sold in August 2013 at AED 1,284 per sqft, 34% above what three-beds in Shoreline - Khushkar were fetching at the time (AED 960).

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 5th floor

All 132 units in Shoreline - Khushkar
Value
5012-bedAED 3.2M · Apr 2025
5033-bedAED 1.15M · Dec 2009
5041-bedAED 600K · Apr 2009
5052-bedAED 2.5M · Apr 2023
5062-bedAED 1.98M · Nov 2018
5072-bedAED 1.75M · Mar 2021
5082-bedAED 3.1M · Sep 2023
1–7 of 11

502, Shoreline - Khushkar in numbers

  • Sold twice: first on 7 June 2009 for AED 575,000, last on 19 August 2013 for AED 2,850,000 (AED 1,284 per sqft).
  • Rented since October 2016 on 10 Ejari contracts. The rent fell from AED 165,000 to AED 133,333 in 2020 and recovered to AED 252,000 by January 2025.
  • At AED 252,000 a year the gross yield on the 2013 price is 8.8%, before a service charge of about AED 34,800 a year (AED 15.70 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 24 January 2025.

Questions about 502, Shoreline - Khushkar

What did unit 502 last sell for?

AED 2,850,000 on 19 August 2013: AED 1,284 per sqft for 2,218 sqft. The unit has 2 registered sales; the first was AED 575,000 in June 2009.

What is the rent for unit 502?

AED 252,000 a year on the contract renewed on 24 January 2025. The previous contract, from July 2024, was AED 252,000; the unit has been rented since October 2016.

How big is unit 502?

2,218 sqft (206.1 sqm): a three-bedroom apartment on the 5th floor of a 11-storey tower completed in 2007.

What is unit 502 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 502, Shoreline - Khushkar

Starts from the last sale price (AED 2.85M, 19 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus AED 124,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →