307, Shoreline - Shahla
Sold prices and rental history: sold 5 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Shoreline - Shahla
What is 307 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 6 June 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,997 sqft
- Floor
- 3rd of 9
- Parking
- B2-78
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 36,200 /yr
- Last sold
- AED 3.15M · June 2023
- Building
- Shoreline - Shahla
About 307, Shoreline - Shahla
307 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 6 June 2023 for AED 3,150,000, or AED 1,577 per sqft, 21% above the AED 1,300 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 July 2021, is AED 110,000 a year: a gross yield of 3.5% on the 2023 price, before the service charge of about AED 36,200 a year.
Sales and rents for 307 over time
307 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 307 sits
All 50 2-beds →307 last sold in June 2023 at AED 1,577 per sqft, 21% above what two-beds in Shoreline - Shahla were fetching at the time (AED 1,300). 307's AED 110,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jan 202528 January 2025 | 1,586 sqft | 3,300,000 | 2,080 | ||
| 26 Dec 202426 December 2024 | 1,997 sqft | 4,050,000 | 2,028 | ||
| 23 Aug 202423 August 2024 | 1,551 sqft | 3,150,000 | 2,031 | ||
| 21 Jun 202421 June 2024 | 1,997 sqft | 3,650,000 | 1,828 |
Shoreline - Shahla
Building108 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%
Other units on the 3rd floor
All 108 units in Shoreline - Shahla| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,586 sqft | AED 2.12MAED 2,120,000 · Aug 2013August 2013 | 170,000 /yr | |
| 302 | 3-bed | 2,218 sqft | AED 2.6MAED 2,600,000 · Jun 2022June 2022 | 215,250 /yr | |
| 303 | 3-bed | 2,157 sqft | AED 1.15MAED 1,150,000 · Nov 2012November 2012 | 149,500 /yr | |
| 304 | 1-bed | 1,145 sqft | AED 1.45MAED 1,450,000 · May 2022May 2022 | 69,949 /yr | |
| 305 | 2-bed | 1,551 sqft | AED 1.9MAED 1,900,000 · Jan 2018January 2018 | 155,000 /yr | |
| 306 | 2-bed | 1,997 sqft | AED 2.55MAED 2,550,000 · Jan 2014January 2014 | 270,000 /yr | |
| 308 | 1,551 sqft | AED 3.89MAED 3,890,000 · Oct 2025October 2025 | 185,000 /yr | ||
| 309 | 1,145 sqft | AED 2.75MAED 2,750,000 · Nov 2025November 2025 | 140,000 /yr | ||
| 310 | 3-bed | 2,157 sqft | AED 4.75MAED 4,750,000 · Dec 2023December 2023 | 139,356 /yr | |
| 311 | 3-bed | 2,218 sqft | AED 1.68MAED 1,680,000 · Feb 2021February 2021 | 130,000 /yr | |
| 312 | 2-bed | 1,586 sqft | AED 1.9MAED 1,900,000 · Jan 2016January 2016 | 158,400 /yr |
307, Shoreline - Shahla in numbers
- Sold 5 times: first on 20 April 2009 for AED 1,025,000, last on 6 June 2023 for AED 3,150,000 (AED 1,577 per sqft).
- Rented since May 2013 on 6 Ejari contracts, from AED 125,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2023 price is 3.5%, 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 6 June 2023.
Questions about 307, Shoreline - Shahla
What did unit 307 last sell for?
AED 3,150,000 on 6 June 2023: AED 1,577 per sqft for 1,997 sqft. The unit has 5 registered sales; the first was AED 1,025,000 in April 2009.
What is the rent for unit 307?
AED 110,000 a year on the contract renewed on 1 July 2021. The previous contract, from July 2020, was AED 110,000; the unit has been rented since May 2013.
How big is unit 307?
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 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 - Shahla
Starts from the last sale price (AED 3.15M, 6 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,150,000
- Deposit, UAE resident (20%)
- AED 630,000
- Deposit, non-resident (40%)
- AED 1,260,000
- Monthly over 25 years at 3.7%
- AED 12,888
Plus AED 137,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →