2-bed · 1,551 sqftShoreline - Al Khudrawi, Palm Jumeirah · 7th floor · completed 2007

705, Shoreline - Al Khudrawi

Sold prices and rental history: sold twice, last in May 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 30 May 2017
Last soldAED 2.88M30 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Shoreline - Al Khudrawi

What is 705 worth today?

Last sold for AED 2,875,000 in 2017

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30 May 2017SoldReady
AED 2,875,000AED 1,853 per sqft
4 Mar 2009Sold by developerReady
AED 858,666AED 553 per sqft

Source: Dubai Land Department. Updated 30 May 2017.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
7th of 10
Parking
2B2-110
Developer
Nakheel
Completed
2007
Service charge
AED 18,200 /yr
Last sold
AED 2.88M · May 2017

About 705, Shoreline - Al Khudrawi

705 is a two-bedroom apartment of 1,551 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 30 May 2017 for AED 2,875,000, or AED 1,853 per sqft, 10% above the AED 1,680 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, 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 2009: AED 858,666 (AED 553 per sqft)Sold, May 2017: AED 2,875,000 (AED 1,853 per sqft)

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

Rents
Unit 705, 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 705 sits

All 60 2-beds →

705 last sold in May 2017 at AED 1,853 per sqft, 10% above what two-beds in Shoreline - Al Khudrawi were fetching at the time (AED 1,680). 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 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
7041-bedAED 1.72M · Feb 2013
7062-bedAED 2.65M · Aug 2020
7072-bedAED 6.1M · Apr 2025
7082-bedAED 3.8M · Feb 2023
1–7 of 11

705, Shoreline - Al Khudrawi in numbers

  • Sold twice: first on 4 March 2009 for AED 858,666, last on 30 May 2017 for AED 2,875,000 (AED 1,853 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 30 May 2017.

Questions about 705, Shoreline - Al Khudrawi

What did unit 705 last sell for?

AED 2,875,000 on 30 May 2017: AED 1,853 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 858,666 in March 2009.

How big is unit 705?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2007.

What is unit 705 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 705, Shoreline - Al Khudrawi

Starts from the last sale price (AED 2.88M, 30 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,875,000
Deposit, UAE resident (20%)
AED 575,000
Deposit, non-resident (40%)
AED 1,150,000
Monthly over 25 years at 3.7%
AED 11,763

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