1-bed · 1,145 sqftShoreline - Jash Falqa, Palm Jumeirah · 4th floor · completed 2007

404, Shoreline - Jash Falqa

Sold prices and rental history: sold 5 times, last in December 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 9 December 2022
Last soldAED 2.75M9 December 2022
Current rentAED 125K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Shoreline - Jash Falqa

What is 404 worth today?

Last sold for AED 2,750,000 in 2022

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9 Dec 2022SoldReady
AED 2,750,000AED 2,402 per sqft
1 Jul 2022RentedRenewal
AED 125,000/yr12 months · AED 110 per sqft
1 Jul 2021RentedNew contract
AED 115,000/yr12 months · AED 101 per sqft
15 Jun 2020RentedRenewal
AED 95,000/yr12 months · AED 83 per sqft
15 Jun 2019RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
16 Jun 2018RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
19 Jun 2017RentedNew contract
AED 130,000/yr12 months · AED 114 per sqft
20 Jun 2016RentedNew contract
AED 140,000/yr12 months · AED 123 per sqft

Source: Dubai Land Department. Updated 9 December 2022.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
4th of 8
Parking
2B2-57
Developer
Nakheel
Completed
2007
Service charge
AED 13,800 /yr
Last sold
AED 2.75M · December 2022

About 404, Shoreline - Jash Falqa

404 is a one-bedroom apartment of 1,145 sqft on the 4th floor of Shoreline - Jash Falqa, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 9 December 2022 for AED 2,750,000, or AED 2,402 per sqft.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 125,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 13,800 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Shoreline - Jash Falqa
1M2M3M2009201320172021Typical sale price by year: 2009 AED 942,500; 2012 AED 1,750,000; 2015 AED 1,921,250; 2016 AED 1,200,000; 2019 AED 1,550,000; 2021 AED 1,925,000Sold by developer, July 2009: AED 660,000 (AED 576 per sqft)Sold, September 2009: AED 2,000,000 (AED 1,747 per sqft)Sold, April 2010: AED 1,200,000 (AED 1,048 per sqft)Sold, June 2016: AED 1,900,000 (AED 1,659 per sqft)Sold, December 2022: AED 2,750,000 (AED 2,402 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Shoreline - Jash Falqa
100K150K2013201720212025Typical rent by year: 2013 AED 122,500; 2014 AED 132,000; 2015 AED 137,500; 2016 AED 140,000; 2017 AED 133,500; 2018 AED 127,000; 2019 AED 107,500; 2020 AED 95,000; 2021 AED 110,000; 2022 AED 105,000; 2023 AED 117,500; 2024 AED 165,000; 2025 AED 165,000; 2026 AED 152,500New contract, November 2013: AED 140,000 a yearNew contract, June 2015: AED 140,000 a yearNew contract, June 2016: AED 140,000 a yearNew contract, June 2017: AED 130,000 a yearNew contract, June 2018: AED 120,000 a yearNew contract, June 2019: AED 110,000 a yearRenewal, June 2020: AED 95,000 a yearNew contract, July 2021: AED 115,000 a yearRenewal, July 2022: AED 125,000 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 - Jash Falqa, and where 404 sits

All 20 1-beds →

Over the last 12 months one-beds sold for AED 3,300,000, around AED 2,883 per sqft, and rent for AED 100,000 to 175,000 a year. 404's AED 125,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Sep 20263,300,000
17 Jul 20253,750,000
28 May 20243,075,000
16 May 20242,545,000
1 1-bed sale in the last 12 months

Shoreline - Jash Falqa

Building

95 apartments, 1-bed to 4-bed over 8 floors in Palm Jumeirah, completed in 2007 by Nakheel. 5 sold in the last 12 months.

Typical price per sqft
AED 2,933
Typical sale
AED 6.4M
Typical rent
AED 200K /yr
Typical yield
4.3%
Shoreline - Jash Falqa, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 95 units in Shoreline - Jash Falqa
Value
4012-bedAED 1.55M · May 2011
4023-bedAED 2.84M · Jan 2017
4033-bedAED 3.23M · Sep 2016
4052-bedAED 2.1M · Oct 2019
4062-bedAED 4.85M · Mar 2023
4072-bedAED 1.05M · Mar 2009
4082-bedAED 3.5M · Nov 2022
1–7 of 11

404, Shoreline - Jash Falqa in numbers

  • Sold 5 times: first on 8 July 2009 for AED 660,000, last on 9 December 2022 for AED 2,750,000 (AED 2,402 per sqft).
  • Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 140,000 to AED 95,000 in 2020 and recovered to AED 125,000 by July 2022.
  • At AED 125,000 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 13,800 a year (AED 12.05 per sqft).
  • One-beds in Shoreline - Jash Falqa sold for AED 3,300,000–3,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,933 per sqft.

Source: Dubai Land Department. Updated 9 December 2022.

Questions about 404, Shoreline - Jash Falqa

What did unit 404 last sell for?

AED 2,750,000 on 9 December 2022: AED 2,402 per sqft for 1,145 sqft. The unit has 5 registered sales; the first was AED 660,000 in July 2009.

What is the rent for unit 404?

AED 125,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 115,000; the unit has been rented since November 2013.

How big is unit 404?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2007.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shoreline - Jash Falqa sold for AED 3,300,000 to 3,300,000 in the last 12 months, around AED 2,883 per sqft.

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Mortgage on 404, Shoreline - Jash Falqa

Starts from the last sale price (AED 2.75M, 9 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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