3-bed · 2,182 sqftShoreline - Al Khudrawi, Palm Jumeirah · 7th floor · completed 2007

702, Shoreline - Al Khudrawi

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 23 May 2022
Last soldAED 2.85M23 May 2022
Current rentAED 130K /yr22 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Shoreline - Al Khudrawi

What is 702 worth today?

Last sold for AED 2,850,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 May 2022SoldReady
AED 2,850,000AED 1,306 per sqft
22 Jun 2021RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
22 Jun 2020RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
22 Jun 2019RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
22 Jun 2018RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
22 Jun 2017RentedNew contract
AED 170,000/yr12 months · AED 78 per sqft
15 Apr 2016RentedRenewal
AED 195,000/yr12 months · AED 89 per sqft
15 Apr 2015RentedNew contract
AED 195,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 23 May 2022.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Floor
7th of 10
Parking
2B2-105,2B2-106
Developer
Nakheel
Completed
2007
Service charge
AED 25,600 /yr
Last sold
AED 2.85M · May 2022

About 702, Shoreline - Al Khudrawi

702 is a three-bedroom apartment of 2,182 sqft on the 7th floor of Shoreline - Al Khudrawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 23 May 2022 for AED 2,850,000, or AED 1,306 per sqft, 7% above the AED 1,220 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 22 June 2021, is AED 130,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 25,600 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Shoreline - Al Khudrawi
2M4M2009201320172021Typical sale price by year: 2009 AED 1,226,680; 2010 AED 1,913,380; 2011 AED 2,150,000; 2012 AED 1,688,380; 2013 AED 1,625,000; 2018 AED 2,572,227; 2022 AED 3,600,000Sold by developer, April 2009: AED 1,226,710 (AED 562 per sqft)Sold, May 2022: AED 2,850,000 (AED 1,306 per sqft)

702 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 702, each contractTypical three-bed in Shoreline - Al Khudrawi
150K200K2013201720212025Typical rent by year: 2013 AED 180,000; 2014 AED 200,000; 2015 AED 197,256; 2016 AED 195,000; 2017 AED 182,787; 2018 AED 168,000; 2019 AED 148,000; 2020 AED 130,000; 2021 AED 140,000; 2022 AED 154,000; 2023 AED 187,500; 2024 AED 224,750; 2025 AED 225,000; 2026 AED 230,000New contract, April 2013: AED 170,000 a yearRenewal, April 2014: AED 195,000 a yearNew contract, April 2015: AED 195,000 a yearRenewal, April 2016: AED 195,000 a yearNew contract, June 2017: AED 170,000 a yearRenewal, June 2018: AED 130,000 a yearRenewal, June 2019: AED 130,000 a yearRenewal, June 2020: AED 130,000 a yearRenewal, June 2021: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shoreline - Al Khudrawi, and where 702 sits

All 43 3-beds →

702 last sold in May 2022 at AED 1,306 per sqft, 7% above what three-beds in Shoreline - Al Khudrawi were fetching at the time (AED 1,220). Over the last 12 months three-beds sold for AED 4,400,000, around AED 2,016 per sqft, and rent for AED 200,000 to 350,000 a year. 702's AED 130,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Jan 20264,400,000
22 May 20254,140,000
8 Apr 20254,250,000
12 Nov 20243,900,000
1 3-bed sale 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 7th floor

All 119 units in Shoreline - Al Khudrawi
Value
7012-bedAED 853K · Mar 2009
7033-bedAED 3.18M · Feb 2017
7041-bedAED 1.72M · Feb 2013
7052-bedAED 2.88M · May 2017
7062-bedAED 2.65M · Aug 2020
7072-bedAED 6.1M · Apr 2025
7082-bedAED 3.8M · Feb 2023
1–7 of 11

702, Shoreline - Al Khudrawi in numbers

  • Sold twice: first on 19 April 2009 for AED 1,226,710, last on 23 May 2022 for AED 2,850,000 (AED 1,306 per sqft).
  • Rented since April 2013 on 9 Ejari contracts, from AED 170,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 25,600 a year (AED 11.73 per sqft).
  • Three-beds in Shoreline - Al Khudrawi sold for AED 4,400,000–4,400,000 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 23 May 2022.

Questions about 702, Shoreline - Al Khudrawi

What did unit 702 last sell for?

AED 2,850,000 on 23 May 2022: AED 1,306 per sqft for 2,182 sqft. The unit has 2 registered sales; the first was AED 1,226,710 in April 2009.

What is the rent for unit 702?

AED 130,000 a year on the contract renewed on 22 June 2021. The previous contract, from June 2020, was AED 130,000; the unit has been rented since April 2013.

How big is unit 702?

2,182 sqft (202.7 sqm): a three-bedroom apartment on the 7th floor of a 10-storey tower completed in 2007.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Al Khudrawi sold for AED 4,400,000 to 4,400,000 in the last 12 months, around AED 2,016 per sqft.

Selling 702? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 702, Shoreline - Al Khudrawi

Starts from the last sale price (AED 2.85M, 23 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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