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

308, Shoreline - Tamr

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 7 February 2025
Last soldAED 790K29 April 2009
Current rentAED 127K /yr7 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Shoreline - Tamr

What is 308 worth today?

Last sold for AED 790,000 in 2009

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7 Feb 2025RentedRenewal
AED 127,050/yr12 months · AED 82 per sqft
7 Feb 2024RentedRenewal
AED 121,000/yr12 months · AED 78 per sqft
7 Feb 2023RentedRenewal
AED 110,000/yr12 months · AED 71 per sqft
7 Feb 2022RentedRenewal
AED 103,500/yr12 months · AED 67 per sqft
7 Jan 2021RentedRenewal
AED 90,000/yr13 months · AED 58 per sqft
13 Nov 2018RentedRenewal
AED 125,000/yr12 months · AED 81 per sqft
13 Nov 2017RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft
1 May 2017RentedRenewal
AED 155,000/yr12 months · AED 100 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 February 2025.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
3rd of 10
Parking
B2-42
Developer
Nakheel
Completed
2007
Service charge
AED 21,300 /yr
Last sold
AED 790K · April 2009

About 308, Shoreline - Tamr

308 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. The developer sold it on 29 April 2009 for AED 790,000, or AED 509 per sqft, in line with the AED 513 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 7 February 2025, is AED 127,050 a year: a gross yield of 16.1% on the 2009 price, before the service charge of about AED 21,300 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, April 2009: AED 790,000 (AED 509 per sqft)

308 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 308, 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, March 2013: AED 125,000 a yearNew contract, March 2014: AED 135,000 a yearNew contract, March 2015: AED 135,000 a yearNew contract, May 2016: AED 155,000 a yearRenewal, May 2017: AED 155,000 a yearNew contract, November 2017: AED 130,000 a yearRenewal, November 2018: AED 125,000 a yearRenewal, January 2021: AED 90,000 a yearRenewal, February 2022: AED 103,500 a yearRenewal, February 2023: AED 110,000 a yearRenewal, February 2024: AED 121,000 a yearRenewal, February 2025: AED 127,050 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 308 sits

All 39 2-beds →

308 last sold in April 2009 at AED 509 per sqft, in line with what two-beds in Shoreline - Tamr were fetching at the time (AED 513). 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. 308's AED 127,050 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
3052-bedAED 775K · Sep 2012
3062-bedNo registered sale
3122-bedAED 800K · Mar 2009

308, Shoreline - Tamr in numbers

  • Sold once: by Nakheel on 29 April 2009 for AED 790,000, or AED 509 per sqft.
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 125,000 to AED 90,000 in 2021 and recovered to AED 127,050 by February 2025.
  • At AED 127,050 a year the gross yield on the 2009 price is 16.1%, 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 7 February 2025.

Questions about 308, Shoreline - Tamr

What did unit 308 last sell for?

AED 790,000 on 29 April 2009, sold by the developer: AED 509 per sqft for 1,551 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 127,050 a year on the contract renewed on 7 February 2025. The previous contract, from February 2024, was AED 121,000; the unit has been rented since March 2013.

How big is unit 308?

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 308 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 308, Shoreline - Tamr

Starts from the last sale price (AED 790K, 29 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

Plus AED 38,190 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →