2-bed · 1,551 sqftShoreline - Jash Falqa, Palm Jumeirah · 4th floor · completed 2007

408, Shoreline - Jash Falqa

Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 3.5M28 November 2022
Current rentAED 100K /yr28 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Shoreline - Jash Falqa

What is 408 worth today?

Last sold for AED 3,500,000 in 2022

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28 Nov 2024RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft
28 Nov 2023RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft
28 Nov 2022SoldReady
AED 3,500,000AED 2,256 per sqft
28 Nov 2022RentedNew contract
AED 100,000/yr12 months · AED 65 per sqft
30 Dec 2021RentedRenewal
AED 126,000/yr12 months · AED 81 per sqft
30 Dec 2020RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft
17 Nov 2020SoldReady
AED 2,550,000AED 1,644 per sqft
1 Nov 2019RentedRenewal
AED 155,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 28 November 2024.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
4th of 8
Parking
2B2-65
Developer
Nakheel
Completed
2007
Service charge
AED 18,700 /yr
Last sold
AED 3.5M · November 2022

About 408, Shoreline - Jash Falqa

408 is a two-bedroom apartment of 1,551 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 28 November 2022 for AED 3,500,000, or AED 2,256 per sqft, in line with the AED 2,205 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 28 November 2024, is AED 100,000 a year: a gross yield of 2.9% on the 2022 price, before the service charge of about AED 18,700 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, April 2009: AED 870,000 (AED 561 per sqft)Sold, July 2011: AED 2,550,000 (AED 1,644 per sqft)Sold, November 2020: AED 2,550,000 (AED 1,644 per sqft)Sold, November 2022: AED 3,500,000 (AED 2,256 per sqft)

408 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 408, each contractTypical two-bed in Shoreline - Jash Falqa
100K150K200K2012201620202024Typical 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, October 2012: AED 160,000 a yearNew contract, October 2013: AED 160,000 a yearNew contract, October 2014: AED 176,000 a yearRenewal, October 2015: AED 176,000 a yearNew contract, November 2016: AED 180,000 a yearNew contract, November 2017: AED 175,000 a yearRenewal, November 2018: AED 165,000 a yearRenewal, November 2019: AED 155,000 a yearNew contract, December 2020: AED 120,000 a yearRenewal, December 2021: AED 126,000 a yearNew contract, November 2022: AED 100,000 a yearRenewal, November 2023: AED 100,000 a yearRenewal, November 2024: AED 100,000 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 408 sits

All 48 2-beds →

408 last sold in November 2022 at AED 2,256 per sqft, in line with what two-beds in Shoreline - Jash Falqa were fetching at the time (AED 2,205). 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. 408's AED 100,000 is at the bottom 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
4062-bedAED 4.85M · Mar 2023
4072-bedAED 1.05M · Mar 2009
1–7 of 11

408, Shoreline - Jash Falqa in numbers

  • Sold 4 times: first on 21 April 2009 for AED 870,000, last on 28 November 2022 for AED 3,500,000 (AED 2,256 per sqft).
  • Rented since October 2012 on 13 Ejari contracts, from AED 160,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 2.9%, before a service charge of about AED 18,700 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 28 November 2024.

Questions about 408, Shoreline - Jash Falqa

What did unit 408 last sell for?

AED 3,500,000 on 28 November 2022: AED 2,256 per sqft for 1,551 sqft. The unit has 4 registered sales; the first was AED 870,000 in April 2009.

What is the rent for unit 408?

AED 100,000 a year on the contract renewed on 28 November 2024. The previous contract, from November 2023, was AED 100,000; the unit has been rented since October 2012.

How big is unit 408?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2007.

What is unit 408 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 408, Shoreline - Jash Falqa

Starts from the last sale price (AED 3.5M, 28 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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