2-bed · 1,551 sqftShoreline - Al Khudrawi, Palm Jumeirah · 6th floor · completed 2007

605, Shoreline - Al Khudrawi

Sold prices and rental history: sold 3 times, last in August 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 29 August 2022
Last soldAED 3.5M29 August 2022
Current rentAED 151K /yr28 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Shoreline - Al Khudrawi

What is 605 worth today?

Last sold for AED 3,500,000 in 2022

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29 Aug 2022SoldReady
AED 3,500,000AED 2,256 per sqft
28 Aug 2021RentedRenewal
AED 150,918/yr9 months · AED 97 per sqft
28 Feb 2021RentedRenewal
AED 120,000/yr6 months · AED 77 per sqft
29 Aug 2020RentedRenewal
AED 120,000/yr6 months · AED 77 per sqft
29 Aug 2019RentedNew contract
AED 145,000/yr12 months · AED 94 per sqft
28 Nov 2018RentedRenewal
AED 170,000/yr12 months · AED 110 per sqft
27 Nov 2017RentedRenewal
AED 174,515/yr12 months · AED 113 per sqft
27 Nov 2016RentedNew contract
AED 175,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 29 August 2022.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
6th of 10
Parking
2B2-94
Developer
Nakheel
Completed
2007
Service charge
AED 18,200 /yr
Last sold
AED 3.5M · August 2022

About 605, Shoreline - Al Khudrawi

605 is a two-bedroom apartment of 1,551 sqft on the 6th floor of Shoreline - Al Khudrawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 29 August 2022 for AED 3,500,000, or AED 2,256 per sqft, 53% above the AED 1,473 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 28 August 2021, is AED 150,918 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 18,200 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical two-bed in Shoreline - Al Khudrawi
02.5M5M2009201420192024Typical 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 2015: AED 858,866 (AED 553 per sqft)Sold, September 2016: AED 3,100,000 (AED 1,999 per sqft)Sold, August 2022: AED 3,500,000 (AED 2,256 per sqft)

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

Rents
Unit 605, each contractTypical two-bed in Shoreline - Al Khudrawi
150K200K2012201620202024Typical 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, June 2015: AED 190,000 a yearNew contract, November 2016: AED 175,000 a yearRenewal, November 2017: AED 174,515 a yearRenewal, November 2018: AED 170,000 a yearNew contract, August 2019: AED 145,000 a yearRenewal, August 2020: AED 120,000 a yearRenewal, February 2021: AED 120,000 a yearRenewal, August 2021: AED 150,918 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 605 sits

All 60 2-beds →

605 last sold in August 2022 at AED 2,256 per sqft, 53% above what two-beds in Shoreline - Al Khudrawi were fetching at the time (AED 1,473). 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. 605's AED 150,918 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 6th floor

All 119 units in Shoreline - Al Khudrawi
Value
6012-bedAED 1.93M · Aug 2022
6023-bedAED 5.1M · Apr 2009
6033-bedAED 520K · Feb 2012
6041-bedAED 643K · Mar 2009
6062-bedAED 3.1M · Dec 2011
6072-bedAED 5.9M · Dec 2024
6082-bedAED 859K · Mar 2009
1–7 of 11

605, Shoreline - Al Khudrawi in numbers

  • Sold 3 times: first on 16 March 2015 for AED 858,866, last on 29 August 2022 for AED 3,500,000 (AED 2,256 per sqft).
  • Rented since June 2015 on 8 Ejari contracts. The rent fell from AED 190,000 to AED 120,000 in 2021 and recovered to AED 150,918 by August 2021.
  • At AED 150,918 a year the gross yield on the 2022 price is 4.3%, 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 29 August 2022.

Questions about 605, Shoreline - Al Khudrawi

What did unit 605 last sell for?

AED 3,500,000 on 29 August 2022: AED 2,256 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 858,866 in March 2015.

What is the rent for unit 605?

AED 150,918 a year on the contract renewed on 28 August 2021. The previous contract, from February 2021, was AED 120,000; the unit has been rented since June 2015.

How big is unit 605?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 6th floor of a 10-storey tower completed in 2007.

What is unit 605 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 605, Shoreline - Al Khudrawi

Starts from the last sale price (AED 3.5M, 29 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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