2-bed · 1,997 sqftShoreline - Shahla, Palm Jumeirah · 3rd floor · completed 2007

306, Shoreline - Shahla

Sold prices and rental history: sold 3 times, last in January 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 17 May 2025
Last soldAED 2.55M19 January 2014
Current rentAED 270K /yr17 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Shoreline - Shahla

What is 306 worth today?

Last sold for AED 2,550,000 in 2014

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17 May 2025RentedNew contract
AED 270,000/yr12 months · AED 136 per sqft
17 May 2024RentedNew contract
AED 245,000/yr12 months · AED 122 per sqft
9 Jul 2022RentedNew contract
AED 180,000/yr12 months · AED 90 per sqft
19 Jan 2014SoldReady
AED 2,550,000AED 1,277 per sqft
15 Nov 2012RentedNew contract
AED 130,000/yr12 months · AED 65 per sqft
26 Oct 2011SoldReady
AED 1,425,000AED 713 per sqft
19 Apr 2009Sold by developerReady
AED 2,350,000AED 1,176 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 May 2025.

Key facts

Type
2-bed apartment
Size
1,997 sqft
Floor
3rd of 9
Parking
B2-22
Developer
Nakheel
Completed
2007
Service charge
AED 36,200 /yr
Last sold
AED 2.55M · January 2014

About 306, Shoreline - Shahla

306 is a two-bedroom apartment of 1,997 sqft on the 3rd floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 19 January 2014 for AED 2,550,000, or AED 1,277 per sqft, in line with the AED 1,251 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 17 May 2025, is AED 270,000 a year: a gross yield of 10.6% on the 2014 price, before the service charge of about AED 36,200 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical two-bed in Shoreline - Shahla
2M20092013201720212025Typical sale price by year: 2009 AED 1,025,000; 2010 AED 2,085,000; 2012 AED 1,650,000; 2013 AED 2,300,000; 2014 AED 2,750,000; 2015 AED 2,300,000; 2016 AED 2,012,500; 2018 AED 1,707,077; 2019 AED 1,460,000; 2021 AED 1,900,000; 2022 AED 2,290,000; 2023 AED 2,900,000; 2024 AED 3,275,000Sold by developer, April 2009: AED 2,350,000 (AED 1,176 per sqft)Sold, October 2011: AED 1,425,000 (AED 713 per sqft)Sold, January 2014: AED 2,550,000 (AED 1,277 per sqft)

306 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 306, each contractTypical two-bed in Shoreline - Shahla
100K200K300K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 130,000; 2014 AED 159,100; 2015 AED 157,500; 2016 AED 155,000; 2017 AED 140,000; 2018 AED 136,500; 2019 AED 112,500; 2020 AED 100,000; 2021 AED 105,000; 2022 AED 135,000; 2023 AED 147,000; 2024 AED 167,500; 2025 AED 184,800New contract, November 2012: AED 130,000 a yearNew contract, July 2022: AED 180,000 a yearNew contract, May 2024: AED 245,000 a yearNew contract, May 2025: AED 270,000 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 - Shahla, and where 306 sits

All 50 2-beds →

306 last sold in January 2014 at AED 1,277 per sqft, in line with what two-beds in Shoreline - Shahla were fetching at the time (AED 1,251). 306's AED 270,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jan 20253,300,000
26 Dec 20244,050,000
23 Aug 20243,150,000
21 Jun 20243,650,000
0 2-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 →

Other units on the 3rd floor

All 108 units in Shoreline - Shahla
Value
3012-bedAED 2.12M · Aug 2013
3023-bedAED 2.6M · Jun 2022
3033-bedAED 1.15M · Nov 2012
3041-bedAED 1.45M · May 2022
3052-bedAED 1.9M · Jan 2018
3072-bedAED 3.15M · Jun 2023
308AED 3.89M · Oct 2025
1–7 of 11

306, Shoreline - Shahla in numbers

  • Sold 3 times: first on 19 April 2009 for AED 2,350,000, last on 19 January 2014 for AED 2,550,000 (AED 1,277 per sqft).
  • Rented since November 2012 on 4 Ejari contracts, from AED 130,000 to AED 270,000 a year.
  • At AED 270,000 a year the gross yield on the 2014 price is 10.6%, before a service charge of about AED 36,200 a year (AED 18.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 17 May 2025.

Questions about 306, Shoreline - Shahla

What did unit 306 last sell for?

AED 2,550,000 on 19 January 2014: AED 1,277 per sqft for 1,997 sqft. The unit has 3 registered sales; the first was AED 2,350,000 in April 2009.

What is the rent for unit 306?

AED 270,000 a year on the contract signed on 17 May 2025. The previous contract, from May 2024, was AED 245,000; the unit has been rented since November 2012.

How big is unit 306?

1,997 sqft (185.5 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2007.

What is unit 306 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 306, Shoreline - Shahla

Starts from the last sale price (AED 2.55M, 19 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

Plus AED 112,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →