2-bed · 1,997 sqftShoreline - Al Khudrawi, Palm Jumeirah · 4th floor · completed 2007

406, Shoreline - Al Khudrawi

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 1.12M4 March 2009
Current rentAED 240K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Shoreline - Al Khudrawi

What is 406 worth today?

Last sold for AED 1,115,713 in 2009

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10 Oct 2026RentedNew contract
AED 240,000/yr12 months · AED 120 per sqft
7 Oct 2025RentedRenewal
AED 250,000/yr12 months · AED 125 per sqft
7 Oct 2024RentedRenewal
AED 250,000/yr12 months · AED 125 per sqft
7 Oct 2024RentedRenewal
AED 250,000/yr12 months · AED 125 per sqft
7 Oct 2023RentedNew contract
AED 250,000/yr12 months · AED 125 per sqft
16 Jan 2023RentedRenewal
AED 159,600/yr12 months · AED 80 per sqft
16 Jan 2022RentedRenewal
AED 152,000/yr12 months · AED 76 per sqft
16 Jan 2021RentedRenewal
AED 145,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
2-bed apartment
Size
1,997 sqft
Floor
4th of 10
Parking
2B2-64
Developer
Nakheel
Completed
2007
Service charge
AED 23,400 /yr
Last sold
AED 1.12M · March 2009

About 406, Shoreline - Al Khudrawi

406 is a two-bedroom apartment of 1,997 sqft on the 4th floor of Shoreline - Al Khudrawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 4 March 2009 for AED 1,115,713, or AED 558 per sqft, in line with the AED 559 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 16 Ejari contracts. The current contract, signed on 10 October 2026, is AED 240,000 a year: a gross yield of 21.5% on the 2009 price, before the service charge of about AED 23,400 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Shoreline - Al Khudrawi
2.5M5M2009201420192024Typical sale price by year: 2009 AED 1,114,983; 2011 AED 1,550,000; 2012 AED 2,500,000; 2013 AED 2,600,000; 2014 AED 2,842,500; 2015 AED 2,025,000; 2016 AED 3,100,000; 2017 AED 2,875,000; 2018 AED 2,298,188; 2019 AED 3,022,442; 2020 AED 2,450,000; 2021 AED 1,800,000; 2022 AED 2,693,750; 2023 AED 2,889,000; 2025 AED 5,762,500; 2026 AED 3,850,000Sold by developer, March 2009: AED 1,115,713 (AED 558 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Shoreline - Al Khudrawi
100K200K2012201620202024Typical rent by year: 2012 AED 145,000; 2013 AED 160,000; 2014 AED 175,500; 2015 AED 183,750; 2016 AED 175,000; 2017 AED 160,000; 2018 AED 155,000; 2019 AED 130,000; 2020 AED 124,000; 2021 AED 120,000; 2022 AED 135,000; 2023 AED 159,600; 2024 AED 180,000; 2025 AED 180,000; 2026 AED 183,750New contract, December 2012: AED 180,000 a yearRenewal, December 2013: AED 189,000 a yearRenewal, December 2014: AED 190,000 a yearNew contract, February 2016: AED 205,000 a yearNew contract, January 2017: AED 190,000 a yearRenewal, January 2018: AED 180,515 a yearRenewal, January 2019: AED 171,000 a yearRenewal, January 2020: AED 160,000 a yearRenewal, January 2021: AED 145,000 a yearRenewal, January 2022: AED 152,000 a yearRenewal, January 2023: AED 159,600 a yearNew contract, October 2023: AED 250,000 a yearRenewal, October 2024: AED 250,000 a yearRenewal, October 2024: AED 250,000 a yearRenewal, October 2025: AED 250,000 a yearNew contract, October 2026: AED 240,000 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 - Al Khudrawi, and where 406 sits

All 60 2-beds →

406 last sold in March 2009 at AED 558 per sqft, in line with what two-beds in Shoreline - Al Khudrawi were fetching at the time (AED 559). Over the last 12 months two-beds sold for AED 3,330,000 to 5,818,578, around AED 2,673 per sqft, and rent for AED 110,000 to 260,000 a year. 406's AED 240,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Sep 20263,850,000
20 Jul 20265,818,578
5 Jun 20263,330,000
16 Dec 20255,725,000
4 2-bed sales in the last 12 months

Shoreline - Al Khudrawi

Building

119 apartments, 1-bed to 4-bed over 10 floors in Palm Jumeirah, completed in 2007 by Nakheel. 6 sold in the last 12 months.

Typical price per sqft
AED 2,266
Typical sale
AED 5.06M
Typical rent
AED 185K /yr
Typical yield
5.2%
Shoreline - Al Khudrawi, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 119 units in Shoreline - Al Khudrawi
Value
4012-bedAED 2.15M · Mar 2009
4023-bedAED 1.23M · Feb 2012
4033-bedAED 2.65M · Jun 2012
4041-bedAED 643K · Mar 2009
4052-bedAED 2.65M · Jan 2017
4072-bedAED 1.07M · Apr 2009
4082-bedAED 3.78M · Apr 2023
1–7 of 11

406, Shoreline - Al Khudrawi in numbers

  • Sold once: by Nakheel on 4 March 2009 for AED 1,115,713, or AED 558 per sqft.
  • Rented since December 2012 on 16 Ejari contracts. The rent fell from AED 180,000 to AED 145,000 in 2021 and recovered to AED 240,000 by October 2026.
  • At AED 240,000 a year the gross yield on the 2009 price is 21.5%, before a service charge of about AED 23,400 a year (AED 11.73 per sqft).
  • Two-beds in Shoreline - Al Khudrawi sold for AED 3,330,000–5,818,578 in the 12 months to November 2026; the building's median across all types is AED 2,266 per sqft.

Source: Dubai Land Department. Updated 10 October 2026.

Questions about 406, Shoreline - Al Khudrawi

What did unit 406 last sell for?

AED 1,115,713 on 4 March 2009, sold by the developer: AED 558 per sqft for 1,997 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 240,000 a year on the contract signed on 10 October 2026. The previous contract, from October 2025, was AED 250,000; the unit has been rented since December 2012.

How big is unit 406?

1,997 sqft (185.5 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2007.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Al Khudrawi sold for AED 3,330,000 to 5,818,578 in the last 12 months, around AED 2,673 per sqft.

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Mortgage on 406, Shoreline - Al Khudrawi

Starts from the last sale price (AED 1.12M, 4 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,115,713
Deposit, UAE resident (20%)
AED 223,143
Deposit, non-resident (40%)
AED 446,285
Monthly over 25 years at 3.7%
AED 4,565

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →