2-bed · 1,551 sqftShoreline - Khushkar, Palm Jumeirah · 9th floor · completed 2007

908, Shoreline - Khushkar

Sold prices and rental history: sold twice, last in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 16 August 2016
Last soldAED 1.65M16 March 2009
Current rentAED 135K /yr16 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Shoreline - Khushkar

What is 908 worth today?

Last sold for AED 1,651,500 in 2009

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16 Aug 2016RentedNew contract
AED 135,000/yr12 months · AED 87 per sqft
21 Jul 2015RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft
23 May 2014RentedNew contract
AED 132,000/yr12 months · AED 85 per sqft
23 May 2013RentedNew contract
AED 110,000/yr12 months · AED 71 per sqft
16 Mar 2009SoldReady
AED 1,651,500AED 1,064 per sqft
26 Feb 2009Sold by developerReady
AED 815,000AED 525 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 August 2016.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
9th of 11
Parking
B2-150
Developer
Nakheel
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 1.65M · March 2009

About 908, Shoreline - Khushkar

908 is a two-bedroom apartment of 1,551 sqft on the 9th floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 16 March 2009 for AED 1,651,500, or AED 1,064 per sqft, 103% above the AED 525 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 16 August 2016, is AED 135,000 a year: a gross yield of 8.2% on the 2009 price, before the service charge of about AED 24,300 a year.

Sales and rents for 908 over time

Sales
Unit 908, each saleTypical two-bed in Shoreline - Khushkar
2M4M2009201420192024Typical sale price by year: 2009 AED 825,000; 2010 AED 1,550,000; 2011 AED 1,555,000; 2012 AED 1,300,000; 2013 AED 1,575,000; 2014 AED 2,550,000; 2015 AED 1,300,000; 2017 AED 2,000,000; 2018 AED 1,650,000; 2020 AED 1,600,000; 2021 AED 1,662,500; 2022 AED 2,000,000; 2023 AED 2,500,000; 2024 AED 3,375,000; 2025 AED 3,637,500Sold by developer, February 2009: AED 815,000 (AED 525 per sqft)Sold, March 2009: AED 1,651,500 (AED 1,064 per sqft)

908 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 908, each contractTypical two-bed in Shoreline - Khushkar
100K150K2011201520192023Typical rent by year: 2011 AED 120,000; 2012 AED 124,847; 2013 AED 135,000; 2014 AED 145,343; 2015 AED 158,763; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 125,000; 2019 AED 115,500; 2020 AED 99,000; 2021 AED 95,000; 2022 AED 120,000; 2023 AED 152,000; 2024 AED 170,000; 2025 AED 173,250New contract, May 2013: AED 110,000 a yearNew contract, May 2014: AED 132,000 a yearNew contract, July 2015: AED 130,000 a yearNew contract, August 2016: AED 135,000 a year

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

2-beds in Shoreline - Khushkar, and where 908 sits

All 62 2-beds →

908 last sold in March 2009 at AED 1,064 per sqft, 103% above what two-beds in Shoreline - Khushkar were fetching at the time (AED 525). Over the last 12 months two-beds sold for AED 3,900,000 to 5,300,000, around AED 2,584 per sqft, and rent for AED 149,040 to 260,000 a year. 908's AED 135,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Jan 20265,300,000
23 Dec 20253,900,000
25 Jun 20253,900,000
7 Apr 20253,200,000
2 2-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 9th floor

All 132 units in Shoreline - Khushkar
Value
9012-bedAED 825K · Jul 2009
9023-bedAED 2.61M · Mar 2022
9033-bedAED 1.09M · Feb 2012
9041-bedAED 1.65M · Oct 2022
905AED 1.35M · Dec 2018
9062-bedAED 2.18M · Aug 2012
9072-bedAED 2.63M · Oct 2018
1–7 of 11

908, Shoreline - Khushkar in numbers

  • Sold twice: first on 26 February 2009 for AED 815,000, last on 16 March 2009 for AED 1,651,500 (AED 1,064 per sqft).
  • Rented since May 2013 on 4 Ejari contracts, from AED 110,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2009 price is 8.2%, before a service charge of about AED 24,300 a year (AED 15.70 per sqft).
  • Two-beds in Shoreline - Khushkar sold for AED 3,900,000–5,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,584 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 16 August 2016.

Questions about 908, Shoreline - Khushkar

What did unit 908 last sell for?

AED 1,651,500 on 16 March 2009: AED 1,064 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 815,000 in February 2009.

What is the rent for unit 908?

AED 135,000 a year on the contract signed on 16 August 2016. The previous contract, from July 2015, was AED 130,000; the unit has been rented since May 2013.

How big is unit 908?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 9th floor of a 11-storey tower completed in 2007.

What is unit 908 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Khushkar sold for AED 3,900,000 to 5,300,000 in the last 12 months, around AED 2,584 per sqft.

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Mortgage on 908, Shoreline - Khushkar

Starts from the last sale price (AED 1.65M, 16 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,651,500
Deposit, UAE resident (20%)
AED 330,300
Deposit, non-resident (40%)
AED 660,600
Monthly over 25 years at 3.7%
AED 6,757

Plus AED 74,373 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →