1-bed · 1,145 sqftShoreline - Khushkar, Palm Jumeirah · 5th floor · completed 2007

504, Shoreline - Khushkar

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 10 November 2024
Last soldAED 600K19 April 2009
Current rentAED 103K /yr10 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Shoreline - Khushkar

What is 504 worth today?

Last sold for AED 600,000 in 2009

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10 Nov 2024RentedRenewal
AED 102,758/yr12 months · AED 90 per sqft
10 Nov 2023RentedRenewal
AED 89,355/yr12 months · AED 78 per sqft
10 Nov 2022RentedNew contract
AED 77,700/yr12 months · AED 68 per sqft
10 Nov 2020RentedNew contract
AED 70,000/yr12 months · AED 61 per sqft
10 Nov 2019RentedNew contract
AED 74,000/yr12 months · AED 65 per sqft
15 Jul 2018RentedRenewal
AED 100,000/yr12 months · AED 87 per sqft
15 Jul 2017RentedNew contract
AED 100,000/yr12 months · AED 87 per sqft
21 Jul 2016RentedRenewal
AED 111,320/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 10 November 2024.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
5th of 11
Parking
B2-78
Developer
Nakheel
Completed
2007
Service charge
AED 18,000 /yr
Last sold
AED 600K · April 2009

About 504, Shoreline - Khushkar

504 is a one-bedroom apartment of 1,145 sqft on the 5th floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 19 April 2009 for AED 600,000, or AED 524 per sqft, in line with the AED 524 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 10 November 2024, is AED 102,758 a year: a gross yield of 17.1% on the 2009 price, before the service charge of about AED 18,000 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Shoreline - Khushkar
1M2M2009201320172021Typical sale price by year: 2009 AED 600,000; 2010 AED 1,500,000; 2012 AED 887,500; 2013 AED 1,900,000; 2014 AED 892,800; 2022 AED 1,555,092Sold by developer, April 2009: AED 600,000 (AED 524 per sqft)

504 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 504, each contractTypical one-bed in Shoreline - Khushkar
100K2012201620202024Typical rent by year: 2012 AED 78,779; 2013 AED 90,000; 2014 AED 101,500; 2015 AED 110,000; 2016 AED 111,320; 2017 AED 103,000; 2018 AED 100,000; 2019 AED 90,000; 2020 AED 74,000; 2021 AED 75,000; 2022 AED 88,500; 2023 AED 115,000; 2024 AED 123,000; 2025 AED 130,000; 2026 AED 116,397New contract, July 2013: AED 92,000 a yearNew contract, July 2014: AED 96,600 a yearRenewal, July 2015: AED 101,200 a yearRenewal, July 2016: AED 111,320 a yearNew contract, July 2017: AED 100,000 a yearRenewal, July 2018: AED 100,000 a yearNew contract, November 2019: AED 74,000 a yearNew contract, November 2020: AED 70,000 a yearNew contract, November 2022: AED 77,700 a yearRenewal, November 2023: AED 89,355 a yearRenewal, November 2024: AED 102,758 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 - Khushkar, and where 504 sits

All 26 1-beds →

504 last sold in April 2009 at AED 524 per sqft, in line with what one-beds in Shoreline - Khushkar were fetching at the time (AED 524). 504's AED 102,758 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Dec 20242,200,000
15 Mar 20231,800,000
13 Oct 20221,650,000
8 Aug 20221,555,092
0 1-bed sales in the last 12 months

Shoreline - Khushkar

Building

132 apartments, 1-bed to 4-bed over 11 floors in Palm Jumeirah, completed in 2007 by Nakheel. 5 sold in the last 12 months.

Typical price per sqft
AED 2,537
Typical sale
AED 4M
Typical rent
AED 160K /yr
Typical yield
4.2%
Shoreline - Khushkar, Palm Jumeirah: prices, sales and rents →

Other units on the 5th floor

All 132 units in Shoreline - Khushkar
Value
5012-bedAED 3.2M · Apr 2025
5023-bedAED 2.85M · Aug 2013
5033-bedAED 1.15M · Dec 2009
5052-bedAED 2.5M · Apr 2023
5062-bedAED 1.98M · Nov 2018
5072-bedAED 1.75M · Mar 2021
5082-bedAED 3.1M · Sep 2023
1–7 of 11

504, Shoreline - Khushkar in numbers

  • Sold once: by Nakheel on 19 April 2009 for AED 600,000, or AED 524 per sqft.
  • Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 92,000 to AED 70,000 in 2020 and recovered to AED 102,758 by November 2024.
  • At AED 102,758 a year the gross yield on the 2009 price is 17.1%, before a service charge of about AED 18,000 a year (AED 15.70 per sqft).

Source: Dubai Land Department. Updated 10 November 2024.

Questions about 504, Shoreline - Khushkar

What did unit 504 last sell for?

AED 600,000 on 19 April 2009, sold by the developer: AED 524 per sqft for 1,145 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 102,758 a year on the contract renewed on 10 November 2024. The previous contract, from November 2023, was AED 89,355; the unit has been rented since July 2013.

How big is unit 504?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2007.

What is unit 504 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 504, Shoreline - Khushkar

Starts from the last sale price (AED 600K, 19 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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