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

709, Shoreline - Al Khudrawi

Sold prices and rental history: sold 5 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 3.7M27 June 2024
Current rentAED 115K /yr15 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Shoreline - Al Khudrawi

What is 709 worth today?

Last sold for AED 3,700,000 in 2024

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27 Jun 2024SoldReady
AED 3,700,000AED 3,232 per sqft
8 Nov 2020SoldReady
AED 700,000AED 611 per sqft
15 Sep 2019RentedRenewal
AED 115,000/yr12 months · AED 101 per sqft
15 Sep 2018RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
19 Aug 2017RentedNew contract
AED 130,000/yr12 months · AED 114 per sqft
25 Jul 2017SoldReady
AED 2,100,000AED 1,834 per sqft
14 May 2016RentedRenewal
AED 66,666/yr12 months · AED 58 per sqft
14 May 2015RentedRenewal
AED 160,000/yr12 months · AED 140 per sqft

Source: Dubai Land Department. Updated 27 June 2024.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
7th of 10
Parking
2B2-119
Developer
Nakheel
Completed
2007
Service charge
AED 13,400 /yr
Last sold
AED 3.7M · June 2024

About 709, Shoreline - Al Khudrawi

709 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 27 June 2024 for AED 3,700,000, or AED 3,232 per sqft, 42% above the AED 2,271 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 September 2019, is AED 115,000 a year: a gross yield of 3.1% on the 2024 price, before the service charge of about AED 13,400 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical one-bed in Shoreline - Al Khudrawi
2M4M20092013201720212025Typical 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 642,594 (AED 561 per sqft)Sold, January 2014: AED 2,000,000 (AED 1,747 per sqft)Sold, July 2017: AED 2,100,000 (AED 1,834 per sqft)Sold, November 2020: AED 700,000 (AED 611 per sqft)Sold, June 2024: AED 3,700,000 (AED 3,232 per sqft)

709 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 709, each contractTypical one-bed in Shoreline - Al Khudrawi
50K100K150K2013201720212025Typical 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, April 2013: AED 130,000 a yearNew contract, May 2014: AED 160,000 a yearRenewal, May 2015: AED 160,000 a yearRenewal, May 2016: AED 66,666 a yearNew contract, August 2017: AED 130,000 a yearNew contract, September 2018: AED 120,000 a yearRenewal, September 2019: AED 115,000 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 709 sits

All 24 1-beds →

709 last sold in June 2024 at AED 3,232 per sqft, 42% above what one-beds in Shoreline - Al Khudrawi were fetching at the time (AED 2,271). 709's AED 115,000 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
22 Feb 20242,900,000
27 Dec 20232,300,000
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
7041-bedAED 1.72M · Feb 2013
7052-bedAED 2.88M · May 2017
7062-bedAED 2.65M · Aug 2020
7072-bedAED 6.1M · Apr 2025
1–7 of 11

709, Shoreline - Al Khudrawi in numbers

  • Sold 5 times: first on 4 March 2009 for AED 642,594, last on 27 June 2024 for AED 3,700,000 (AED 3,232 per sqft).
  • Rented since April 2013 on 7 Ejari contracts. The rent fell from AED 130,000 to AED 66,666 in 2016 and recovered to AED 115,000 by September 2019.
  • At AED 115,000 a year the gross yield on the 2024 price is 3.1%, before a service charge of about AED 13,400 a year (AED 11.73 per sqft).

Source: Dubai Land Department. Updated 27 June 2024.

Questions about 709, Shoreline - Al Khudrawi

What did unit 709 last sell for?

AED 3,700,000 on 27 June 2024: AED 3,232 per sqft for 1,145 sqft. The unit has 5 registered sales; the first was AED 642,594 in March 2009.

What is the rent for unit 709?

AED 115,000 a year on the contract renewed on 15 September 2019. The previous contract, from September 2018, was AED 120,000; the unit has been rented since April 2013.

How big is unit 709?

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 709 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 709, Shoreline - Al Khudrawi

Starts from the last sale price (AED 3.7M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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