2-bed · 1,998 sqftShoreline - Sarrood, Palm Jumeirah · 3rd floor · completed 2007

307, Shoreline - Sarrood

Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 22 February 2022
Last soldAED 2.2M22 February 2022
Current rentAED 105K /yr14 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Shoreline - Sarrood

What is 307 worth today?

Last sold for AED 2,200,000 in 2022

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22 Feb 2022SoldReady
AED 2,200,000AED 1,101 per sqft
14 Dec 2020RentedRenewal
AED 105,000/yr12 months · AED 52 per sqft
14 Dec 2019RentedNew contract
AED 105,000/yr12 months · AED 52 per sqft
16 Oct 2018RentedRenewal
AED 140,000/yr12 months · AED 70 per sqft
16 Oct 2017RentedNew contract
AED 145,000/yr12 months · AED 72 per sqft
1 May 2016RentedRenewal
AED 150,000/yr12 months · AED 75 per sqft
1 May 2015RentedNew contract
AED 150,000/yr12 months · AED 75 per sqft
20 Jul 2014RentedNew contract
AED 132,250/yr12 months · AED 66 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 February 2022.

Key facts

Type
2-bed apartment
Size
1,998 sqft
Floor
3rd of 9
Parking
B2-34
Developer
Nakheel
Completed
2007
Service charge
AED 34,200 /yr
Last sold
AED 2.2M · February 2022

About 307, Shoreline - Sarrood

307 is a two-bedroom apartment of 1,998 sqft on the 3rd floor of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 22 February 2022 for AED 2,200,000, or AED 1,101 per sqft, in line with the AED 1,101 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 14 December 2020, is AED 105,000 a year: a gross yield of 4.8% on the 2022 price, before the service charge of about AED 34,200 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in Shoreline - Sarrood
1M2M3M20092013201720212025Typical sale price by year: 2009 AED 1,025,000; 2010 AED 1,575,000; 2011 AED 1,300,000; 2012 AED 1,585,000; 2013 AED 1,850,000; 2014 AED 2,350,000; 2016 AED 2,250,000; 2017 AED 1,725,000; 2020 AED 1,395,000; 2021 AED 1,700,000; 2022 AED 2,200,000; 2023 AED 2,500,000; 2024 AED 3,190,000Sold by developer, April 2009: AED 1,025,000 (AED 513 per sqft)Sold, February 2022: AED 2,200,000 (AED 1,101 per sqft)

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

Rents
Unit 307, each contractTypical two-bed in Shoreline - Sarrood
100K150K2012201620202024Typical rent by year: 2012 AED 122,000; 2013 AED 129,000; 2014 AED 155,000; 2015 AED 155,000; 2016 AED 155,000; 2017 AED 144,000; 2018 AED 128,000; 2019 AED 115,000; 2020 AED 105,000; 2021 AED 102,000; 2022 AED 109,549; 2023 AED 160,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 185,000New contract, July 2013: AED 115,500 a yearNew contract, July 2014: AED 132,250 a yearNew contract, May 2015: AED 150,000 a yearRenewal, May 2016: AED 150,000 a yearNew contract, October 2017: AED 145,000 a yearRenewal, October 2018: AED 140,000 a yearNew contract, December 2019: AED 105,000 a yearRenewal, December 2020: AED 105,000 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 - Sarrood, and where 307 sits

All 52 2-beds →

307 last sold in February 2022 at AED 1,101 per sqft, in line with what two-beds in Shoreline - Sarrood were fetching at the time (AED 1,101). 307's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Nov 20243,000,000
25 Oct 20244,000,000
24 Jun 20243,280,000
19 Feb 20243,100,000
0 2-bed sales in the last 12 months

Shoreline - Sarrood

Building

108 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 2 sold in the last 12 months.

Typical price per sqft
AED 2,624
Typical sale
AED 5.7M
Typical rent
AED 185K /yr
Typical yield
4.3%
Shoreline - Sarrood, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 108 units in Shoreline - Sarrood
Value
3012-bedAED 1.68M · Nov 2021
3023-bedAED 1.15M · Jun 2009
3033-bedAED 2M · Feb 2016
3041-bedAED 1.2M · Sep 2018
3052-bedAED 790K · Apr 2017
3062-bedAED 2.73M · Feb 2014
3082-bedAED 1.8M · Jan 2022
1–7 of 11

307, Shoreline - Sarrood in numbers

  • Sold twice: first on 7 April 2009 for AED 1,025,000, last on 22 February 2022 for AED 2,200,000 (AED 1,101 per sqft).
  • Rented since July 2013 on 8 Ejari contracts, from AED 115,500 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 4.8%, before a service charge of about AED 34,200 a year (AED 17.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 22 February 2022.

Questions about 307, Shoreline - Sarrood

What did unit 307 last sell for?

AED 2,200,000 on 22 February 2022: AED 1,101 per sqft for 1,998 sqft. The unit has 2 registered sales; the first was AED 1,025,000 in April 2009.

What is the rent for unit 307?

AED 105,000 a year on the contract renewed on 14 December 2020. The previous contract, from December 2019, was AED 105,000; the unit has been rented since July 2013.

How big is unit 307?

1,998 sqft (185.6 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 307 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 307, Shoreline - Sarrood

Starts from the last sale price (AED 2.2M, 22 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →