2-bed · 1,994 sqftShoreline - Al Khudrawi, Palm Jumeirah · 8th floor · completed 2007

807, Shoreline - Al Khudrawi

Sold prices and rental history: sold twice, last in May 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 807 · DLD and Ejari recordsUpdated 5 May 2019
Last soldAED 3.53M5 May 2019
Current rentAED 175K /yr6 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Shoreline - Al Khudrawi

What is 807 worth today?

Last sold for AED 3,528,000 in 2019

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5 May 2019SoldReady
AED 3,528,000AED 1,769 per sqft
6 Jun 2018RentedNew contract
AED 175,000/yr12 months · AED 88 per sqft
5 May 2017RentedNew contract
AED 200,000/yr12 months · AED 100 per sqft
15 Nov 2016RentedNew contract
AED 195,000/yr12 months · AED 98 per sqft
10 May 2015RentedNew contract
AED 220,000/yr12 months · AED 110 per sqft
10 May 2014RentedNew contract
AED 220,000/yr12 months · AED 110 per sqft
10 May 2013RentedNew contract
AED 205,000/yr12 months · AED 103 per sqft
4 Mar 2009Sold by developerReady
AED 1,115,683AED 559 per sqft

Source: Dubai Land Department. Updated 5 May 2019.

Key facts

Type
2-bed apartment
Size
1,994 sqft
Floor
8th of 10
Parking
2B1-68
Developer
Nakheel
Completed
2007
Service charge
AED 23,400 /yr
Last sold
AED 3.53M · May 2019

About 807, Shoreline - Al Khudrawi

807 is a two-bedroom apartment of 1,994 sqft on the 8th floor of Shoreline - Al Khudrawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 5 May 2019 for AED 3,528,000, or AED 1,769 per sqft, 38% above the AED 1,279 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 6 June 2018, is AED 175,000 a year: a gross yield of 5.0% on the 2019 price, before the service charge of about AED 23,400 a year.

Sales and rents for 807 over time

Sales
Unit 807, each saleTypical two-bed in Shoreline - Al Khudrawi
2.5M5M2009201420192024Typical 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 1,115,683 (AED 559 per sqft)Sold, May 2019: AED 3,528,000 (AED 1,769 per sqft)

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

Rents
Unit 807, 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, May 2013: AED 205,000 a yearNew contract, May 2014: AED 220,000 a yearNew contract, May 2015: AED 220,000 a yearNew contract, November 2016: AED 195,000 a yearNew contract, May 2017: AED 200,000 a yearNew contract, June 2018: AED 175,000 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 807 sits

All 60 2-beds →

807 last sold in May 2019 at AED 1,769 per sqft, 38% above what two-beds in Shoreline - Al Khudrawi were fetching at the time (AED 1,279). 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. 807's AED 175,000 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 8th floor

All 119 units in Shoreline - Al Khudrawi
Value
8012-bedAED 894K · Mar 2009
8023-bedAED 2.23M · May 2009
8033-bedAED 1.19M · Apr 2009
8041-bedAED 2.35M · Jun 2023
8052-bedAED 1.8M · Jan 2021
8062-bedAED 3.49M · Jul 2019
8082-bedAED 4.45M · Dec 2012
1–7 of 11

807, Shoreline - Al Khudrawi in numbers

  • Sold twice: first on 4 March 2009 for AED 1,115,683, last on 5 May 2019 for AED 3,528,000 (AED 1,769 per sqft).
  • Rented since May 2013 on 6 Ejari contracts, from AED 205,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2019 price is 5.0%, before a service charge of about AED 23,400 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 5 May 2019.

Questions about 807, Shoreline - Al Khudrawi

What did unit 807 last sell for?

AED 3,528,000 on 5 May 2019: AED 1,769 per sqft for 1,994 sqft. The unit has 2 registered sales; the first was AED 1,115,683 in March 2009.

What is the rent for unit 807?

AED 175,000 a year on the contract signed on 6 June 2018. The previous contract, from May 2017, was AED 200,000; the unit has been rented since May 2013.

How big is unit 807?

1,994 sqft (185.2 sqm): a two-bedroom apartment on the 8th floor of a 10-storey tower completed in 2007.

What is unit 807 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 807, Shoreline - Al Khudrawi

Starts from the last sale price (AED 3.53M, 5 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,528,000
Deposit, UAE resident (20%)
AED 705,600
Deposit, non-resident (40%)
AED 1,411,200
Monthly over 25 years at 3.7%
AED 14,434

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