2-bed · 1,993 sqftShoreline - Jash Falqa, Palm Jumeirah · 4th floor · completed 2007

406, Shoreline - Jash Falqa

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 14 March 2023
Last soldAED 4.85M14 March 2023
Current rentAED 160K /yr8 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Shoreline - Jash Falqa

What is 406 worth today?

Last sold for AED 4,850,000 in 2023

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14 Mar 2023SoldReady
AED 4,850,000AED 2,433 per sqft
8 Apr 2022RentedRenewal
AED 160,000/yr12 months · AED 80 per sqft
8 Apr 2021RentedRenewal
AED 140,000/yr12 months · AED 70 per sqft
8 Apr 2020RentedRenewal
AED 200,000/yr12 months · AED 100 per sqft
8 Apr 2019RentedRenewal
AED 200,000/yr12 months · AED 100 per sqft
8 Apr 2018RentedNew contract
AED 200,000/yr12 months · AED 100 per sqft
23 Jul 2017RentedRenewal
AED 210,000/yr12 months · AED 105 per sqft
23 Jul 2016RentedNew contract
AED 210,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 14 March 2023.

Key facts

Type
2-bed apartment
Size
1,993 sqft
Floor
4th of 8
Parking
2B2-59
Developer
Nakheel
Completed
2007
Service charge
AED 24,000 /yr
Last sold
AED 4.85M · March 2023

About 406, Shoreline - Jash Falqa

406 is a two-bedroom apartment of 1,993 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 14 March 2023 for AED 4,850,000, or AED 2,433 per sqft, 4% above the AED 2,337 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 8 April 2022, is AED 160,000 a year: a gross yield of 3.3% on the 2023 price, before the service charge of about AED 24,000 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Shoreline - Jash Falqa
2M4M2009201420192024Typical sale price by year: 2009 AED 972,500; 2011 AED 1,550,000; 2013 AED 2,800,000; 2016 AED 3,300,000; 2017 AED 3,300,000; 2018 AED 2,225,000; 2021 AED 2,837,500; 2022 AED 3,625,000; 2023 AED 4,850,000; 2025 AED 4,775,000Sold by developer, March 2010: AED 1,050,000 (AED 526 per sqft)Sold, March 2023: AED 4,850,000 (AED 2,433 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Shoreline - Jash Falqa
150K200K2012201620202024Typical rent by year: 2012 AED 184,590; 2013 AED 170,000; 2014 AED 178,500; 2015 AED 176,000; 2016 AED 178,500; 2017 AED 171,150; 2018 AED 163,750; 2019 AED 145,000; 2020 AED 125,500; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 160,000; 2024 AED 180,000; 2025 AED 205,000; 2026 AED 199,500New contract, March 2013: AED 185,000 a yearNew contract, March 2014: AED 183,683 a yearNew contract, December 2014: AED 220,000 a yearRenewal, December 2015: AED 219,999 a yearRenewal, April 2016: AED 219,600 a yearNew contract, July 2016: AED 210,000 a yearRenewal, July 2017: AED 210,000 a yearNew contract, April 2018: AED 200,000 a yearRenewal, April 2019: AED 200,000 a yearRenewal, April 2020: AED 200,000 a yearRenewal, April 2021: AED 140,000 a yearRenewal, April 2022: AED 160,000 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 - Jash Falqa, and where 406 sits

All 48 2-beds →

406 last sold in March 2023 at AED 2,433 per sqft, 4% above what two-beds in Shoreline - Jash Falqa were fetching at the time (AED 2,337). Over the last 12 months two-beds sold for AED 7,000,000, around AED 3,544 per sqft, and rent for AED 100,000 to 330,000 a year. 406's AED 160,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jul 20267,000,000
16 Sep 20253,950,000
26 Jun 20255,600,000
9 Jun 20253,000,000
1 2-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
4041-bedAED 2.75M · Dec 2022
4052-bedAED 2.1M · Oct 2019
4072-bedAED 1.05M · Mar 2009
4082-bedAED 3.5M · Nov 2022
1–7 of 11

406, Shoreline - Jash Falqa in numbers

  • Sold twice: first on 4 March 2010 for AED 1,050,000, last on 14 March 2023 for AED 4,850,000 (AED 2,433 per sqft).
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 185,000 to AED 140,000 in 2021 and recovered to AED 160,000 by April 2022.
  • At AED 160,000 a year the gross yield on the 2023 price is 3.3%, before a service charge of about AED 24,000 a year (AED 12.05 per sqft).
  • Two-beds in Shoreline - Jash Falqa sold for AED 7,000,000–7,000,000 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 14 March 2023.

Questions about 406, Shoreline - Jash Falqa

What did unit 406 last sell for?

AED 4,850,000 on 14 March 2023: AED 2,433 per sqft for 1,993 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in March 2010.

What is the rent for unit 406?

AED 160,000 a year on the contract renewed on 8 April 2022. The previous contract, from April 2021, was AED 140,000; the unit has been rented since March 2013.

How big is unit 406?

1,993 sqft (185.2 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2007.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Jash Falqa sold for AED 7,000,000 to 7,000,000 in the last 12 months, around AED 3,544 per sqft.

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Mortgage on 406, Shoreline - Jash Falqa

Starts from the last sale price (AED 4.85M, 14 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,850,000
Deposit, UAE resident (20%)
AED 970,000
Deposit, non-resident (40%)
AED 1,940,000
Monthly over 25 years at 3.7%
AED 19,843

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