2-bed · 1,583 sqftShoreline - Al Khudrawi, Palm Jumeirah · 5th floor · completed 2007

501, Shoreline - Al Khudrawi

Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 11 July 2024
Last soldAED 1.98M9 December 2021
Current rentAED 180K /yr11 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Shoreline - Al Khudrawi

What is 501 worth today?

Last sold for AED 1,975,000 in 2021

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11 Jul 2024RentedNew contract
AED 180,000/yr12 months · AED 114 per sqft
19 Dec 2022RentedRenewal
AED 126,000/yr12 months · AED 80 per sqft
19 Dec 2021RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
9 Dec 2021SoldReady
AED 1,975,000AED 1,247 per sqft
15 Sep 2019RentedNew contract
AED 100,000/yr12 months · AED 63 per sqft
1 May 2018RentedRenewal
AED 130,000/yr12 months · AED 82 per sqft
1 May 2017RentedNew contract
AED 130,000/yr12 months · AED 82 per sqft
21 Oct 2015RentedRenewal
AED 150,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 11 July 2024.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
5th of 10
Parking
2B2-72
Developer
Nakheel
Completed
2007
Service charge
AED 18,600 /yr
Last sold
AED 1.98M · December 2021

About 501, Shoreline - Al Khudrawi

501 is a two-bedroom apartment of 1,583 sqft on the 5th floor of Shoreline - Al Khudrawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 9 December 2021 for AED 1,975,000, or AED 1,247 per sqft, 7% above the AED 1,160 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 11 July 2024, is AED 180,000 a year: a gross yield of 9.1% on the 2021 price, before the service charge of about AED 18,600 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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 2011: AED 893,731 (AED 564 per sqft)Sold, April 2011: AED 1,500,000 (AED 947 per sqft)Sold, December 2021: AED 1,975,000 (AED 1,247 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Shoreline - Al Khudrawi
100K150K2012201620202024Typical 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, October 2013: AED 135,000 a yearRenewal, October 2014: AED 142,000 a yearRenewal, October 2015: AED 150,000 a yearNew contract, May 2017: AED 130,000 a yearRenewal, May 2018: AED 130,000 a yearNew contract, September 2019: AED 100,000 a yearNew contract, December 2021: AED 120,000 a yearRenewal, December 2022: AED 126,000 a yearNew contract, July 2024: AED 180,000 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 501 sits

All 60 2-beds →

501 last sold in December 2021 at AED 1,247 per sqft, 7% above what two-beds in Shoreline - Al Khudrawi were fetching at the time (AED 1,160). 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. 501's AED 180,000 is in the lower 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 5th floor

All 119 units in Shoreline - Al Khudrawi
Value
5023-bedAED 1.23M · Mar 2009
5033-bedAED 2.98M · Jul 2012
5041-bedAED 643K · Mar 2009
5052-bedAED 858K · Apr 2009
5062-bedAED 5.5M · Feb 2025
5072-bedAED 3.45M · May 2016
5082-bedAED 5.3M · Apr 2009
1–7 of 11

501, Shoreline - Al Khudrawi in numbers

  • Sold 3 times: first on 3 March 2011 for AED 893,731, last on 9 December 2021 for AED 1,975,000 (AED 1,247 per sqft).
  • Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 100,000 in 2019 and recovered to AED 180,000 by July 2024.
  • At AED 180,000 a year the gross yield on the 2021 price is 9.1%, before a service charge of about AED 18,600 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 11 July 2024.

Questions about 501, Shoreline - Al Khudrawi

What did unit 501 last sell for?

AED 1,975,000 on 9 December 2021: AED 1,247 per sqft for 1,583 sqft. The unit has 3 registered sales; the first was AED 893,731 in March 2011.

What is the rent for unit 501?

AED 180,000 a year on the contract signed on 11 July 2024. The previous contract, from December 2022, was AED 126,000; the unit has been rented since October 2013.

How big is unit 501?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.

What is unit 501 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 501, Shoreline - Al Khudrawi

Starts from the last sale price (AED 1.98M, 9 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,975,000
Deposit, UAE resident (20%)
AED 395,000
Deposit, non-resident (40%)
AED 790,000
Monthly over 25 years at 3.7%
AED 8,080

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