508, Shoreline - Al Khudrawi
Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Shoreline - Al Khudrawi
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 June 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 5th of 10
- Parking
- 2B2-81
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 18,200 /yr
- Last sold
- AED 5.3M · April 2009
- Building
- Shoreline - Al Khudrawi
About 508, Shoreline - Al Khudrawi
508 is a two-bedroom apartment of 1,551 sqft on the 5th 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 5,300,000, or AED 3,417 per sqft, 511% above the AED 559 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 June 2023, is AED 205,000 a year: a gross yield of 3.9% on the 2009 price, before the service charge of about AED 18,200 a year.
Sales and rents for 508 over time
508 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 508 sits
All 60 2-beds →508 last sold in April 2009 at AED 3,417 per sqft, 511% above 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. 508's AED 205,000 is in the upper 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 5th floor
All 119 units in Shoreline - Al Khudrawi| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,583 sqft | AED 1.98MAED 1,975,000 · Dec 2021December 2021 | 180,000 /yr | |
| 502 | 3-bed | 2,213 sqft | AED 1.23MAED 1,226,680 · Mar 2009March 2009 | 250,000 /yr | |
| 503 | 3-bed | 2,159 sqft | AED 2.98MAED 2,980,000 · Jul 2012July 2012 | ||
| 504 | 1-bed | 1,145 sqft | AED 643KAED 642,594 · Mar 2009March 2009 | 145,000 /yr | |
| 505 | 2-bed | 1,551 sqft | AED 858KAED 858,466 · Apr 2009April 2009 | 178,500 /yr | |
| 506 | 2-bed | 2,012 sqft | AED 5.5MAED 5,500,000 · Feb 2025February 2025 | 230,000 /yr | |
| 507 | 2-bed | 2,012 sqft | AED 3.45MAED 3,450,000 · May 2016May 2016 | ||
| 509 | 1-bed | 1,145 sqft | AED 640KAED 639,519 · Mar 2009March 2009 | 144,375 /yr | |
| 510 | 3-bed | 2,159 sqft | AED 3.35MAED 3,350,000 · Apr 2017April 2017 | 175,000 /yr | |
| 511 | 3-bed | 2,213 sqft | AED 1.23MAED 1,226,760 · May 2009May 2009 | 230,000 /yr | |
| 512 | 2-bed | 1,583 sqft | AED 1.5MAED 1,500,000 · Jul 2021July 2021 | 95,001 /yr |
508, Shoreline - Al Khudrawi in numbers
- Sold once: by Nakheel on 19 April 2009 for AED 5,300,000, or AED 3,417 per sqft.
- Rented since February 2020 on 4 Ejari contracts. The rent fell from AED 130,000 to AED 116,000 in 2021 and recovered to AED 205,000 by June 2023.
- At AED 205,000 a year the gross yield on the 2009 price is 3.9%, 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 1 June 2023.
Questions about 508, Shoreline - Al Khudrawi
What did unit 508 last sell for?
AED 5,300,000 on 19 April 2009, sold by the developer: AED 3,417 per sqft for 1,551 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 205,000 a year on the contract signed on 1 June 2023. The previous contract, from April 2022, was AED 127,000; the unit has been rented since February 2020.
How big is unit 508?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.
What is unit 508 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 508, Shoreline - Al Khudrawi
Starts from the last sale price (AED 5.3M, 19 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 5,300,000
- Deposit, UAE resident (20%)
- AED 1,060,000
- Deposit, non-resident (40%)
- AED 2,120,000
- Monthly over 25 years at 3.7%
- AED 21,684
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →