302, Shoreline - Nabat
Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Shoreline - Nabat
What is 302 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,216 sqft
- Floor
- 3rd of 9
- Parking
- EUB8B02C125 , EUB8B02C41
- Service charge
- AED 25,500 /yr
- Last sold
- AED 1.32M · December 2009
- Building
- Shoreline - Nabat
About 302, Shoreline - Nabat
302 is a three-bedroom apartment of 2,216 sqft on the 3rd floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. The developer sold it on 29 December 2009 for AED 1,315,750, or AED 593 per sqft, 15% below the AED 695 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 10 March 2023, is AED 290,000 a year: a gross yield of 22.0% on the 2009 price, before the service charge of about AED 25,500 a year.
Sales and rents for 302 over time
302 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Shoreline - Nabat, and where 302 sits
All 38 3-beds →302 last sold in December 2009 at AED 593 per sqft, 15% below what three-beds in Shoreline - Nabat were fetching at the time (AED 695). Over the last 12 months three-beds sold for AED 5,400,000, around AED 2,429 per sqft, and rent for AED 100,000 to 275,000 a year. 302's AED 290,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Apr 202516 April 2025 | 2,182 sqft | 5,700,000 | 2,612 | ||
| 24 Jun 202424 June 2024 | 2,140 sqft | 4,850,000 | 2,266 | ||
| 11 Jan 202411 January 2024 | 2,215 sqft | 4,300,000 | 1,941 | ||
| 15 Sep 202315 September 2023 | 2,155 sqft | 4,400,000 | 2,041 |
Shoreline - Nabat
Building119 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah. 2 sold in the last 12 months.
- Typical price per sqft
- AED 3,095
- Typical sale
- AED 6.45M
- Typical rent
- AED 221K /yr
- Typical yield
- 4.2%
Other units on the 3rd floor
All 119 units in Shoreline - Nabat| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,590 sqft | AED 1.9MAED 1,900,000 · Jan 2022January 2022 | 90,000 /yr | |
| 303 | 3-bed | 2,155 sqft | AED 4MAED 4,000,000 · Sep 2014September 2014 | 195,000 /yr | |
| 304 | 1-bed | 1,137 sqft | AED 2MAED 2,000,000 · Oct 2021October 2021 | 145,000 /yr | |
| 305 | 2-bed | 1,550 sqft | AED 1.2MAED 1,197,000 · Dec 2009December 2009 | 155,000 /yr | |
| 306 | 2-bed | 1,997 sqft | AED 1.54MAED 1,540,000 · Dec 2009December 2009 | 187,425 /yr | |
| 307 | 2-bed | 1,997 sqft | AED 1.75MAED 1,750,000 · Jan 2010January 2010 | 172,500 /yr | |
| 308 | 2-bed | 1,549 sqft | AED 2.48MAED 2,475,000 · Dec 2010December 2010 | 195,000 /yr | |
| 309 | 1-bed | 1,137 sqft | AED 893KAED 893,000 · Jan 2010January 2010 | 130,000 /yr | |
| 310 | 3-bed | 2,155 sqft | AED 1.9MAED 1,900,000 · Sep 2020September 2020 | 265,000 /yr | |
| 311 | 3-bed | 2,215 sqft | AED 3.28MAED 3,281,000 · Mar 2023March 2023 | 262,500 /yr | |
| 312 | 2-bed | 1,590 sqft | AED 700KAED 700,000 · Nov 2011November 2011 | 190,000 /yr |
302, Shoreline - Nabat in numbers
- Sold once: by the developer on 29 December 2009 for AED 1,315,750, or AED 593 per sqft.
- Rented since March 2016 on 6 Ejari contracts. The rent fell from AED 240,000 to AED 165,000 in 2020 and recovered to AED 290,000 by March 2023.
- At AED 290,000 a year the gross yield on the 2009 price is 22.0%, before a service charge of about AED 25,500 a year (AED 11.50 per sqft).
- Three-beds in Shoreline - Nabat sold for AED 5,400,000–5,400,000 in the 12 months to November 2026; the building's median across all types is AED 3,095 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2023.
Questions about 302, Shoreline - Nabat
What did unit 302 last sell for?
AED 1,315,750 on 29 December 2009, sold by the developer: AED 593 per sqft for 2,216 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 290,000 a year on the contract signed on 10 March 2023. The previous contract, from October 2021, was AED 175,000; the unit has been rented since March 2016.
How big is unit 302?
2,216 sqft (205.9 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower.
What is unit 302 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Nabat sold for AED 5,400,000 to 5,400,000 in the last 12 months, around AED 2,429 per sqft.
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Mortgage on 302, Shoreline - Nabat
Starts from the last sale price (AED 1.32M, 29 December 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,315,750
- Deposit, UAE resident (20%)
- AED 263,150
- Deposit, non-resident (40%)
- AED 526,300
- Monthly over 25 years at 3.7%
- AED 5,383
Plus AED 60,272 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →