408, Shoreline - Al Khudrawi
Sold prices and rental history: sold 3 times, last in April 2023, 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 408, Shoreline - Al Khudrawi
What is 408 worth today?
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Source: Dubai Land Department. Updated 6 April 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 4th of 10
- Parking
- 2B1-33
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 18,200 /yr
- Last sold
- AED 3.78M · April 2023
- Building
- Shoreline - Al Khudrawi
About 408, Shoreline - Al Khudrawi
408 is a two-bedroom apartment of 1,551 sqft on the 4th floor of Shoreline - Al Khudrawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 6 April 2023 for AED 3,775,000, or AED 2,434 per sqft, 33% above the AED 1,826 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 April 2022, is AED 145,000 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 18,200 a year.
Sales and rents for 408 over time
408 has sold 3 times; 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 408 sits
All 60 2-beds →408 last sold in April 2023 at AED 2,434 per sqft, 33% above what two-beds in Shoreline - Al Khudrawi were fetching at the time (AED 1,826). 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. 408's AED 145,000 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 | |
| 407 | 2-bed | 1,997 sqft | AED 1.07MAED 1,074,458 · Apr 2009April 2009 | 167,360 /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 |
408, Shoreline - Al Khudrawi in numbers
- Sold 3 times: first on 4 March 2009 for AED 3,000,000, last on 6 April 2023 for AED 3,775,000 (AED 2,434 per sqft).
- Rented since May 2013 on 11 Ejari contracts, from AED 160,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 18,200 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 6 April 2023.
Questions about 408, Shoreline - Al Khudrawi
What did unit 408 last sell for?
AED 3,775,000 on 6 April 2023: AED 2,434 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 3,000,000 in March 2009.
What is the rent for unit 408?
AED 145,000 a year on the contract renewed on 1 April 2022. The previous contract, from April 2021, was AED 135,000; the unit has been rented since May 2013.
How big is unit 408?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2007.
What is unit 408 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 408, Shoreline - Al Khudrawi
Starts from the last sale price (AED 3.78M, 6 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,775,000
- Deposit, UAE resident (20%)
- AED 755,000
- Deposit, non-resident (40%)
- AED 1,510,000
- Monthly over 25 years at 3.7%
- AED 15,445
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →