407, Shoreline - Al Khudrawi
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.
Property timeline for 407, Shoreline - Al Khudrawi
What is 407 worth today?
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Source: Dubai Land Department. Updated 18 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,997 sqft
- Floor
- 4th of 10
- Parking
- 2B2-65
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 23,400 /yr
- Last sold
- AED 1.07M · April 2009
- Building
- Shoreline - Al Khudrawi
About 407, Shoreline - Al Khudrawi
407 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 19 April 2009 for AED 1,074,458, or AED 538 per sqft, 4% below the AED 559 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 18 December 2024, is AED 167,360 a year: a gross yield of 15.6% on the 2009 price, before the service charge of about AED 23,400 a year.
Sales and rents for 407 over time
407 has sold once; 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 - Al Khudrawi, and where 407 sits
All 60 2-beds →407 last sold in April 2009 at AED 538 per sqft, 4% below 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. 407's AED 167,360 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Sep 202610 September 2026 | 1,583 sqft | 3,850,000 | 2,432 | ||
| 20 Jul 202620 July 2026 | 1,997 sqft | 5,818,578 | 2,914 | ||
| 5 Jun 20265 June 2026 | 1,586 sqft | 3,330,000 | 2,099 | ||
| 16 Dec 202516 December 2025 | 1,551 sqft | 5,725,000 | 3,691 |
Shoreline - Al Khudrawi
Building119 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%
Other units on the 4th floor
All 119 units in Shoreline - Al Khudrawi| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,586 sqft | AED 2.15MAED 2,149,758 · Mar 2009March 2009 | 260,000 /yr | |
| 402 | 3-bed | 2,213 sqft | AED 1.23MAED 1,226,760 · Feb 2012February 2012 | 160,000 /yr | |
| 403 | 3-bed | 2,159 sqft | AED 2.65MAED 2,650,000 · Jun 2012June 2012 | 240,000 /yr | |
| 404 | 1-bed | 1,145 sqft | AED 643KAED 642,594 · Mar 2009March 2009 | 165,000 /yr | |
| 405 | 2-bed | 1,551 sqft | AED 2.65MAED 2,650,000 · Jan 2017January 2017 | 151,557 /yr | |
| 406 | 2-bed | 1,997 sqft | AED 1.12MAED 1,115,713 · Mar 2009March 2009 | 240,000 /yr | |
| 408 | 2-bed | 1,551 sqft | AED 3.78MAED 3,775,000 · Apr 2023April 2023 | 145,000 /yr | |
| 409 | 1-bed | 1,145 sqft | AED 2.1MAED 2,100,000 · Dec 2017December 2017 | 150,418 /yr | |
| 410 | 3-bed | 2,159 sqft | AED 2.6MAED 2,600,000 · Jun 2018June 2018 | 320,000 /yr | |
| 411 | 3-bed | 2,213 sqft | AED 2.7MAED 2,700,000 · Jul 2021July 2021 | 175,000 /yr | |
| 412 | 2-bed | 1,586 sqft | AED 2.15MAED 2,149,758 · Apr 2009April 2009 | 170,000 /yr |
407, Shoreline - Al Khudrawi in numbers
- Sold once: by Nakheel on 19 April 2009 for AED 1,074,458, or AED 538 per sqft.
- Rented since May 2013 on 12 Ejari contracts. The rent fell from AED 160,000 to AED 120,000 in 2020 and recovered to AED 167,360 by December 2024.
- At AED 167,360 a year the gross yield on the 2009 price is 15.6%, 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 18 December 2024.
Questions about 407, Shoreline - Al Khudrawi
What did unit 407 last sell for?
AED 1,074,458 on 19 April 2009, sold by the developer: AED 538 per sqft for 1,997 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 167,360 a year on the contract renewed on 18 December 2024. The previous contract, from December 2023, was AED 145,530; the unit has been rented since May 2013.
How big is unit 407?
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 407 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 407, Shoreline - Al Khudrawi
Starts from the last sale price (AED 1.07M, 19 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,074,458
- Deposit, UAE resident (20%)
- AED 214,892
- Deposit, non-resident (40%)
- AED 429,783
- Monthly over 25 years at 3.7%
- AED 4,396
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →