3-bed · 2,221 sqftShoreline - Tamr, Palm Jumeirah · 3rd floor · completed 2007

302, Shoreline - Tamr

Sold prices and rental history: sold 3 times, last in January 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 18 January 2018
Last soldAED 2.36M18 January 2018
Current rentAED 175K /yr15 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Shoreline - Tamr

What is 302 worth today?

Last sold for AED 2,360,000 in 2018

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18 Jan 2018SoldReady
AED 2,360,000AED 1,062 per sqft
15 Nov 2015RentedRenewal
AED 175,000/yr12 months · AED 79 per sqft
15 Nov 2014RentedNew contract
AED 175,000/yr12 months · AED 79 per sqft
15 Nov 2013RentedNew contract
AED 153,000/yr12 months · AED 69 per sqft
19 Jul 2012SoldReady
AED 1,650,000AED 742 per sqft
2 Nov 2009Sold by developerReady
AED 3,650,000AED 1,643 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 January 2018.

Key facts

Type
3-bed apartment
Size
2,221 sqft
Floor
3rd of 10
Parking
B2-34,B2-35
Developer
Nakheel
Completed
2007
Service charge
AED 30,600 /yr
Last sold
AED 2.36M · January 2018

About 302, Shoreline - Tamr

302 is a three-bedroom apartment of 2,221 sqft on the 3rd floor of Shoreline - Tamr, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 18 January 2018 for AED 2,360,000, or AED 1,062 per sqft, 14% below the AED 1,241 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 15 November 2015, is AED 175,000 a year: a gross yield of 7.4% on the 2018 price, before the service charge of about AED 30,600 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical three-bed in Shoreline - Tamr
2M4M2009201420192024Typical sale price by year: 2009 AED 1,175,000; 2010 AED 1,827,500; 2012 AED 1,750,000; 2017 AED 2,900,000; 2021 AED 2,000,000; 2022 AED 2,670,000; 2023 AED 2,800,000; 2025 AED 4,700,000Sold by developer, November 2009: AED 3,650,000 (AED 1,643 per sqft)Sold, July 2012: AED 1,650,000 (AED 742 per sqft)Sold, January 2018: AED 2,360,000 (AED 1,062 per sqft)

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

Rents
Unit 302, each contractTypical three-bed in Shoreline - Tamr
150K200K250K2012201620202024Typical rent by year: 2012 AED 150,000; 2013 AED 155,000; 2014 AED 185,000; 2015 AED 191,500; 2016 AED 190,000; 2017 AED 178,000; 2018 AED 160,000; 2019 AED 141,000; 2020 AED 130,000; 2021 AED 133,625; 2022 AED 151,228; 2023 AED 179,313; 2024 AED 220,000; 2025 AED 238,750New contract, November 2013: AED 153,000 a yearNew contract, November 2014: AED 175,000 a yearRenewal, November 2015: AED 175,000 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 - Tamr, and where 302 sits

All 26 3-beds →

302 last sold in January 2018 at AED 1,062 per sqft, 14% below what three-beds in Shoreline - Tamr were fetching at the time (AED 1,241). Over the last 12 months three-beds sold for AED 4,999,000 to 5,300,000, around AED 2,372 per sqft, and rent for AED 250,000 to 340,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Dec 20255,300,000
18 Jun 20254,700,000
14 Jan 20254,250,000
1 Apr 20243,725,000
2 3-bed sales in the last 12 months

Shoreline - Tamr

Building

84 apartments, 1-bed to 4-bed over 10 floors in Palm Jumeirah, completed in 2007 by Nakheel. 4 sold in the last 12 months.

Typical price per sqft
AED 2,447
Typical sale
AED 4.4M
Typical rent
AED 175K /yr
Typical yield
5.1%
Shoreline - Tamr, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 84 units in Shoreline - Tamr
Value
3012-bedAED 2.8M · Jul 2024
3033-bedAED 2.67M · Apr 2022
3041-bedAED 2.35M · Sep 2024
3052-bedAED 775K · Sep 2012
3062-bedNo registered sale
3082-bedAED 790K · Apr 2009
3122-bedAED 800K · Mar 2009

302, Shoreline - Tamr in numbers

  • Sold 3 times: first on 2 November 2009 for AED 3,650,000, last on 18 January 2018 for AED 2,360,000 (AED 1,062 per sqft).
  • Rented since November 2013 on 3 Ejari contracts, from AED 153,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2018 price is 7.4%, before a service charge of about AED 30,600 a year (AED 13.76 per sqft).
  • Three-beds in Shoreline - Tamr sold for AED 4,999,000–5,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,447 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 18 January 2018.

Questions about 302, Shoreline - Tamr

What did unit 302 last sell for?

AED 2,360,000 on 18 January 2018: AED 1,062 per sqft for 2,221 sqft. The unit has 3 registered sales; the first was AED 3,650,000 in November 2009.

What is the rent for unit 302?

AED 175,000 a year on the contract renewed on 15 November 2015. The previous contract, from November 2014, was AED 175,000; the unit has been rented since November 2013.

How big is unit 302?

2,221 sqft (206.3 sqm): a three-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2007.

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 - Tamr sold for AED 4,999,000 to 5,300,000 in the last 12 months, around AED 2,372 per sqft.

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Mortgage on 302, Shoreline - Tamr

Starts from the last sale price (AED 2.36M, 18 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,360,000
Deposit, UAE resident (20%)
AED 472,000
Deposit, non-resident (40%)
AED 944,000
Monthly over 25 years at 3.7%
AED 9,655

Plus AED 104,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →