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2-bed · 2,012 sqftShoreline - Al Khudrawi, Palm Jumeirah · 5th floor · completed 2007

507, Shoreline - Al Khudrawi

Sold prices and rental history: sold 3 times, last in May 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 4 May 2016
Last soldAED 3.45M4 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, Shoreline - Al Khudrawi

What is 507 worth today?

Last sold for AED 3,450,000 in 2016

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4 May 2016SoldReady
AED 3,450,000AED 1,714 per sqft
3 Feb 2015SoldReady
AED 4,300,000AED 2,136 per sqft
14 Dec 2014Sold by developerReady
AED 1,115,483AED 554 per sqft

Source: Dubai Land Department. Updated 4 May 2016.

Key facts

Type
2-bed apartment
Size
2,012 sqft
Floor
5th of 10
Parking
2B2-80
Developer
Nakheel
Completed
2007
Service charge
AED 23,600 /yr
Last sold
AED 3.45M · May 2016
Building
Shoreline - Al Khudrawi

About 507, Shoreline - Al Khudrawi

507 is a two-bedroom apartment of 2,012 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 4 May 2016 for AED 3,450,000, or AED 1,714 per sqft, in line with the AED 1,714 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, 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, December 2014: AED 1,115,483 (AED 554 per sqft)Sold, February 2015: AED 4,300,000 (AED 2,136 per sqft)Sold, May 2016: AED 3,450,000 (AED 1,714 per sqft)

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

Rents
Unit 507, each contractTypical two-bed in Shoreline - Al Khudrawi
150K2012201620202024Typical 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 183,750

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 507 sits

All 60 2-beds →

507 last sold in May 2016 at AED 1,714 per sqft, in line with what two-beds in Shoreline - Al Khudrawi were fetching at the time (AED 1,714). 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.

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
5012-bedAED 1.98M · Dec 2021
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
5082-bedAED 5.3M · Apr 2009
1–7 of 11

507, Shoreline - Al Khudrawi in numbers

  • Sold 3 times: first on 14 December 2014 for AED 1,115,483, last on 4 May 2016 for AED 3,450,000 (AED 1,714 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 4 May 2016.

Questions about 507, Shoreline - Al Khudrawi

What did unit 507 last sell for?

AED 3,450,000 on 4 May 2016: AED 1,714 per sqft for 2,012 sqft. The unit has 3 registered sales; the first was AED 1,115,483 in December 2014.

How big is unit 507?

2,012 sqft (186.9 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.

What is unit 507 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 507, Shoreline - Al Khudrawi

Starts from the last sale price (AED 3.45M, 4 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

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