1-bed · 1,145 sqftShoreline - Al Khudrawi, Palm Jumeirah · 7th floor · completed 2007

704, Shoreline - Al Khudrawi

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

Unit 704 · DLD and Ejari recordsUpdated 11 November 2022
Last soldAED 1.72M7 February 2013
Current rentAED 126K /yr11 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Shoreline - Al Khudrawi

What is 704 worth today?

Last sold for AED 1,720,000 in 2013

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11 Nov 2022RentedRenewal
AED 126,000/yr10 months · AED 110 per sqft
11 Nov 2021RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
15 Oct 2020RentedNew contract
AED 90,000/yr12 months · AED 79 per sqft
31 May 2020RentedRenewal
AED 104,132/yr4 months · AED 91 per sqft
31 May 2019RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
1 Jun 2018RentedRenewal
AED 124,000/yr12 months · AED 109 per sqft
1 Jun 2017RentedRenewal
AED 135,000/yr12 months · AED 118 per sqft
1 Jun 2016RentedNew contract
AED 138,000/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 11 November 2022.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
7th of 10
Parking
2B2-109
Developer
Nakheel
Completed
2007
Service charge
AED 13,400 /yr
Last sold
AED 1.72M · February 2013

About 704, Shoreline - Al Khudrawi

704 is a one-bedroom apartment of 1,145 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 7 February 2013 for AED 1,720,000, or AED 1,502 per sqft, in line with the AED 1,502 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 11 November 2022, is AED 126,000 a year: a gross yield of 7.3% on the 2013 price, before the service charge of about AED 13,400 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Shoreline - Al Khudrawi
2M20092013201720212025Typical sale price by year: 2009 AED 642,594; 2011 AED 1,700,000; 2014 AED 2,000,000; 2015 AED 1,580,000; 2016 AED 2,081,000; 2017 AED 2,100,000; 2021 AED 2,087,500; 2023 AED 2,325,000; 2024 AED 2,900,000Sold by developer, March 2009: AED 2,975,000 (AED 2,599 per sqft)Sold, May 2012: AED 1,550,000 (AED 1,354 per sqft)Sold, February 2013: AED 1,720,000 (AED 1,502 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Shoreline - Al Khudrawi
100K150K2013201720212025Typical rent by year: 2013 AED 110,000; 2014 AED 135,000; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 114,800; 2019 AED 110,000; 2020 AED 88,000; 2021 AED 105,000; 2022 AED 112,502; 2023 AED 120,000; 2024 AED 150,000; 2025 AED 162,050; 2026 AED 150,209New contract, February 2013: AED 85,000 a yearNew contract, October 2015: AED 135,000 a yearNew contract, June 2016: AED 138,000 a yearRenewal, June 2017: AED 135,000 a yearRenewal, June 2018: AED 124,000 a yearNew contract, May 2019: AED 110,000 a yearRenewal, May 2020: AED 104,132 a yearNew contract, October 2020: AED 90,000 a yearNew contract, November 2021: AED 120,000 a yearRenewal, November 2022: AED 126,000 a year

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

1-beds in Shoreline - Al Khudrawi, and where 704 sits

All 24 1-beds →

704 last sold in February 2013 at AED 1,502 per sqft, in line with what one-beds in Shoreline - Al Khudrawi were fetching at the time (AED 1,502). 704's AED 126,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Aug 20253,800,000
19 Aug 20242,000,000
27 Jun 20243,700,000
22 Feb 20242,900,000
0 1-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 7th floor

All 119 units in Shoreline - Al Khudrawi
Value
7012-bedAED 853K · Mar 2009
7023-bedAED 2.85M · May 2022
7033-bedAED 3.18M · Feb 2017
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

704, Shoreline - Al Khudrawi in numbers

  • Sold 3 times: first on 4 March 2009 for AED 2,975,000, last on 7 February 2013 for AED 1,720,000 (AED 1,502 per sqft).
  • Rented since February 2013 on 10 Ejari contracts, from AED 85,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2013 price is 7.3%, before a service charge of about AED 13,400 a year (AED 11.73 per sqft).

Source: Dubai Land Department. Updated 11 November 2022.

Questions about 704, Shoreline - Al Khudrawi

What did unit 704 last sell for?

AED 1,720,000 on 7 February 2013: AED 1,502 per sqft for 1,145 sqft. The unit has 3 registered sales; the first was AED 2,975,000 in March 2009.

What is the rent for unit 704?

AED 126,000 a year on the contract renewed on 11 November 2022. The previous contract, from November 2021, was AED 120,000; the unit has been rented since February 2013.

How big is unit 704?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2007.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 704, Shoreline - Al Khudrawi

Starts from the last sale price (AED 1.72M, 7 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,720,000
Deposit, UAE resident (20%)
AED 344,000
Deposit, non-resident (40%)
AED 688,000
Monthly over 25 years at 3.7%
AED 7,037

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