2-bed · 1,551 sqftShoreline - Tamr, Palm Jumeirah · 3rd floor · completed 2007

305, Shoreline - Tamr

Sold prices and rental history: sold 3 times, last in September 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 775K12 September 2012
Current rentAED 120K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Shoreline - Tamr

What is 305 worth today?

Last sold for AED 775,000 in 2012

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1 Sep 2024RentedNew contract
AED 120,000/yr25 months · AED 77 per sqft
27 Jun 2023RentedRenewal
AED 138,000/yr12 months · AED 89 per sqft
27 Jun 2022RentedRenewal
AED 120,000/yr12 months · AED 77 per sqft
27 Jun 2021RentedNew contract
AED 110,000/yr12 months · AED 71 per sqft
1 Nov 2020RentedNew contract
AED 110,000/yr12 months · AED 71 per sqft
3 Oct 2013RentedNew contract
AED 141,750/yr12 months · AED 91 per sqft
12 Sep 2012SoldReady
AED 775,000AED 499 per sqft
26 Jul 2011SoldReady
AED 1,290,000AED 831 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
3rd of 10
Parking
B2-38
Developer
Nakheel
Completed
2007
Service charge
AED 21,300 /yr
Last sold
AED 775K · September 2012

About 305, Shoreline - Tamr

305 is a two-bedroom apartment of 1,551 sqft on the 3rd floor of Shoreline - Tamr, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 12 September 2012 for AED 775,000, or AED 499 per sqft, 23% below the AED 651 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 September 2024, is AED 120,000 a year: a gross yield of 15.5% on the 2012 price, before the service charge of about AED 21,300 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in Shoreline - Tamr
2M20092013201720212025Typical sale price by year: 2009 AED 815,000; 2010 AED 1,400,000; 2011 AED 1,290,000; 2012 AED 1,410,000; 2014 AED 2,400,000; 2015 AED 2,260,000; 2016 AED 2,000,000; 2017 AED 1,975,000; 2022 AED 2,425,000; 2023 AED 2,387,500; 2024 AED 3,150,000Sold by developer, March 2009: AED 790,000 (AED 509 per sqft)Sold, July 2011: AED 1,290,000 (AED 831 per sqft)Sold, September 2012: AED 775,000 (AED 499 per sqft)

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

Rents
Unit 305, each contractTypical two-bed in Shoreline - Tamr
100K150K2012201620202024Typical rent by year: 2012 AED 133,125; 2013 AED 125,000; 2014 AED 145,000; 2015 AED 155,000; 2016 AED 152,270; 2017 AED 143,000; 2018 AED 132,500; 2019 AED 117,500; 2020 AED 100,000; 2021 AED 98,000; 2022 AED 116,975; 2023 AED 152,500; 2024 AED 170,000; 2025 AED 176,000New contract, October 2013: AED 141,750 a yearNew contract, November 2020: AED 110,000 a yearNew contract, June 2021: AED 110,000 a yearRenewal, June 2022: AED 120,000 a yearRenewal, June 2023: AED 138,000 a yearNew contract, September 2024: AED 120,000 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 - Tamr, and where 305 sits

All 39 2-beds →

305 last sold in September 2012 at AED 499 per sqft, 23% below what two-beds in Shoreline - Tamr were fetching at the time (AED 651). Over the last 12 months two-beds sold for AED 3,800,000, around AED 2,450 per sqft, and rent for AED 175,000 to 225,000 a year. 305's AED 120,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Apr 20253,560,000
17 Feb 20254,700,000
16 Dec 20243,200,000
26 Nov 20243,500,000
1 2-bed sale 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
3023-bedAED 2.36M · Jan 2018
3033-bedAED 2.67M · Apr 2022
3041-bedAED 2.35M · Sep 2024
3062-bedNo registered sale
3082-bedAED 790K · Apr 2009
3122-bedAED 800K · Mar 2009

305, Shoreline - Tamr in numbers

  • Sold 3 times: first on 2 March 2009 for AED 790,000, last on 12 September 2012 for AED 775,000 (AED 499 per sqft).
  • Rented since October 2013 on 6 Ejari contracts, from AED 141,750 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2012 price is 15.5%, before a service charge of about AED 21,300 a year (AED 13.76 per sqft).
  • Two-beds in Shoreline - Tamr sold for AED 3,800,000–3,800,000 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 1 September 2024.

Questions about 305, Shoreline - Tamr

What did unit 305 last sell for?

AED 775,000 on 12 September 2012: AED 499 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 790,000 in March 2009.

What is the rent for unit 305?

AED 120,000 a year on the contract signed on 1 September 2024. The previous contract, from June 2023, was AED 138,000; the unit has been rented since October 2013.

How big is unit 305?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2007.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Tamr sold for AED 3,800,000 to 3,800,000 in the last 12 months, around AED 2,450 per sqft.

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Mortgage on 305, Shoreline - Tamr

Starts from the last sale price (AED 775K, 12 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

Plus AED 37,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →