2-bed · 1,551 sqftShoreline - Khushkar, Palm Jumeirah · 5th floor · completed 2007

505, Shoreline - Khushkar

Sold prices and rental history: sold 3 times, last in April 2023, and rented once, from January 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 7 April 2023
Last soldAED 2.5M7 April 2023
Current rentAED 150K /yr20 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Shoreline - Khushkar

What is 505 worth today?

Last sold for AED 2,500,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Apr 2023SoldReady
AED 2,500,000AED 1,612 per sqft
22 Oct 2018SoldReady
AED 1,450,000AED 935 per sqft
20 Jan 2016RentedNew contract
AED 150,000/yr12 months · AED 97 per sqft
26 Feb 2009Sold by developerReady
AED 790,000AED 509 per sqft

Source: Dubai Land Department. Updated 7 April 2023.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
5th of 11
Parking
B1-69
Developer
Nakheel
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 2.5M · April 2023

About 505, Shoreline - Khushkar

505 is a two-bedroom apartment of 1,551 sqft on the 5th floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 7 April 2023 for AED 2,500,000, or AED 1,612 per sqft, 27% above the AED 1,270 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 January 2016. The current contract, signed on 20 January 2016, is AED 150,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 24,300 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Shoreline - Khushkar
2M4M2009201420192024Typical sale price by year: 2009 AED 825,000; 2010 AED 1,500,000; 2011 AED 1,435,000; 2012 AED 1,050,000; 2013 AED 1,650,000; 2014 AED 2,550,000; 2015 AED 1,750,000; 2017 AED 2,000,000; 2018 AED 1,600,000; 2020 AED 1,600,000; 2021 AED 1,662,500; 2022 AED 2,000,000; 2023 AED 2,487,500; 2024 AED 3,237,500; 2025 AED 3,375,000; 2026 AED 4,000,000Sold by developer, February 2009: AED 790,000 (AED 509 per sqft)Sold, October 2018: AED 1,450,000 (AED 935 per sqft)Sold, April 2023: AED 2,500,000 (AED 1,612 per sqft)

505 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 505, each contractTypical two-bed in Shoreline - Khushkar
100K150K20112015201920232027Typical rent by year: 2011 AED 120,000; 2012 AED 125,000; 2013 AED 135,000; 2014 AED 149,750; 2015 AED 154,584; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 120,000; 2019 AED 112,500; 2020 AED 95,000; 2021 AED 95,000; 2022 AED 116,000; 2023 AED 150,000; 2024 AED 170,000; 2025 AED 173,250; 2026 AED 162,500New contract, January 2016: AED 150,000 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 - Khushkar, and where 505 sits

All 66 2-beds →

505 last sold in April 2023 at AED 1,612 per sqft, 27% above what two-beds in Shoreline - Khushkar were fetching at the time (AED 1,270). Over the last 12 months two-beds sold for AED 3,150,000 to 5,300,000, around AED 2,547 per sqft, and rent for AED 140,000 to 275,626 a year. 505's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 20263,150,000
10 Apr 20264,000,000
6 Jan 20265,300,000
23 Dec 20253,900,000
4 2-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
5041-bedAED 600K · Apr 2009
5062-bedAED 1.98M · Nov 2018
5072-bedAED 1.75M · Mar 2021
5082-bedAED 3.1M · Sep 2023
1–7 of 11

505, Shoreline - Khushkar in numbers

  • Sold 3 times: first on 26 February 2009 for AED 790,000, last on 7 April 2023 for AED 2,500,000 (AED 1,612 per sqft).
  • Rented since January 2016 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 24,300 a year (AED 15.70 per sqft).
  • Two-beds in Shoreline - Khushkar sold for AED 3,150,000–5,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,537 per sqft.

Source: Dubai Land Department. Updated 7 April 2023.

Questions about 505, Shoreline - Khushkar

What did unit 505 last sell for?

AED 2,500,000 on 7 April 2023: AED 1,612 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 790,000 in February 2009.

What is the rent for unit 505?

AED 150,000 a year on the contract signed on 20 January 2016.

How big is unit 505?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2007.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Khushkar sold for AED 3,150,000 to 5,300,000 in the last 12 months, around AED 2,547 per sqft.

Selling 505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 505, Shoreline - Khushkar

Starts from the last sale price (AED 2.5M, 7 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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