3-bed · 2,142 sqftShoreline - Shahla, Palm Jumeirah · completed 2007

1010, Shoreline - Shahla

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

Unit 1010 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 2.65M27 February 2013
Current rentAED 210K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1010, Shoreline - Shahla

What is 1010 worth today?

Last sold for AED 2,650,000 in 2013

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1 Mar 2024RentedRenewal
AED 210,000/yr12 months · AED 98 per sqft
1 Mar 2023RentedNew contract
AED 210,000/yr12 months · AED 98 per sqft
1 Nov 2021RentedRenewal
AED 135,000/yr12 months · AED 63 per sqft
1 Nov 2020RentedNew contract
AED 120,000/yr12 months · AED 56 per sqft
1 May 2019RentedNew contract
AED 126,000/yr15 months · AED 59 per sqft
20 Jun 2017RentedRenewal
AED 177,000/yr12 months · AED 83 per sqft
14 May 2015RentedNew contract
AED 190,000/yr48 months · AED 89 per sqft
17 Apr 2014RentedNew contract
AED 215,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
3-bed apartment
Size
2,142 sqft
Parking
B1-60,B1-61
Developer
Nakheel
Completed
2007
Service charge
AED 38,800 /yr
Last sold
AED 2.65M · February 2013

About 1010, Shoreline - Shahla

1010 is a three-bedroom apartment of 2,142 sqft of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 27 February 2013 for AED 2,650,000, or AED 1,237 per sqft, 23% above the AED 1,005 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 210,000 a year: a gross yield of 7.9% on the 2013 price, before the service charge of about AED 38,800 a year.

Sales and rents for 1010 over time

Sales
Unit 1010, each saleTypical three-bed in Shoreline - Shahla
2M4M2009201420192024Typical sale price by year: 2009 AED 1,175,000; 2011 AED 1,740,000; 2012 AED 1,675,000; 2015 AED 2,650,000; 2016 AED 2,847,500; 2021 AED 1,750,000; 2022 AED 2,535,000; 2023 AED 3,675,000; 2025 AED 5,050,000Sold by developer, December 2009: AED 1,175,000 (AED 548 per sqft)Sold, February 2013: AED 2,650,000 (AED 1,237 per sqft)

1010 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1010, each contractTypical three-bed in Shoreline - Shahla
100K200K2012201620202024Typical rent by year: 2012 AED 150,000; 2013 AED 170,000; 2014 AED 190,000; 2015 AED 190,344; 2016 AED 186,500; 2017 AED 175,000; 2018 AED 160,000; 2019 AED 145,000; 2020 AED 141,250; 2021 AED 135,000; 2022 AED 151,250; 2023 AED 173,938; 2024 AED 240,000; 2025 AED 245,000New contract, March 2013: AED 170,000 a yearNew contract, April 2014: AED 215,000 a yearNew contract, May 2015: AED 190,000 a yearRenewal, June 2017: AED 177,000 a yearNew contract, May 2019: AED 126,000 a yearNew contract, November 2020: AED 120,000 a yearRenewal, November 2021: AED 135,000 a yearNew contract, March 2023: AED 210,000 a yearRenewal, March 2024: AED 210,000 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 - Shahla, and where 1010 sits

All 37 3-beds →

1010 last sold in February 2013 at AED 1,237 per sqft, 23% above what three-beds in Shoreline - Shahla were fetching at the time (AED 1,005). Over the last 12 months three-beds sold for AED 4,410,076 to 5,000,000, around AED 2,143 per sqft, and rent for AED 320,000 to 320,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
9 Jul 20255,400,000
10 Apr 20255,050,000
7 Apr 20254,750,000
16 Dec 20244,300,000
2 3-bed sales in the last 12 months

Shoreline - Shahla

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 2,143
Typical sale
AED 4.71M
Typical rent
AED 180K /yr
Typical yield
5.6%
Shoreline - Shahla, Palm Jumeirah: prices, sales and rents →

1010, Shoreline - Shahla in numbers

  • Sold twice: first on 17 December 2009 for AED 1,175,000, last on 27 February 2013 for AED 2,650,000 (AED 1,237 per sqft).
  • Rented since March 2013 on 9 Ejari contracts. The rent fell from AED 170,000 to AED 120,000 in 2020 and recovered to AED 210,000 by March 2024.
  • At AED 210,000 a year the gross yield on the 2013 price is 7.9%, before a service charge of about AED 38,800 a year (AED 18.13 per sqft).
  • Three-beds in Shoreline - Shahla sold for AED 4,410,076–5,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,143 per sqft.

Source: Dubai Land Department. Updated 1 March 2024.

Questions about 1010, Shoreline - Shahla

What did unit 1010 last sell for?

AED 2,650,000 on 27 February 2013: AED 1,237 per sqft for 2,142 sqft. The unit has 2 registered sales; the first was AED 1,175,000 in December 2009.

What is the rent for unit 1010?

AED 210,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 210,000; the unit has been rented since March 2013.

How big is unit 1010?

2,142 sqft (199.0 sqm): a three-bedroom apartment of a 9-storey tower completed in 2007.

What is unit 1010 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Shahla sold for AED 4,410,076 to 5,000,000 in the last 12 months, around AED 2,143 per sqft.

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Mortgage on 1010, Shoreline - Shahla

Starts from the last sale price (AED 2.65M, 27 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →