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2-bed · 2,019 sqftShoreline - Khushkar, Palm Jumeirah · 5th floor · completed 2007

506, Shoreline - Khushkar

Sold prices and rental history: sold twice, last in November 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 6 November 2018
Last soldAED 1.98M6 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Shoreline - Khushkar

What is 506 worth today?

Last sold for AED 1,975,000 in 2018

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6 Nov 2018SoldReady
AED 1,975,000AED 978 per sqft
15 Jul 2009Sold by developerReady
AED 2,800,000AED 1,387 per sqft

Source: Dubai Land Department. Updated 6 November 2018.

Key facts

Type
2-bed apartment
Size
2,019 sqft
Floor
5th of 11
Parking
B2-82
Developer
Nakheel
Completed
2007
Service charge
AED 31,700 /yr
Last sold
AED 1.98M · November 2018
Building
Shoreline - Khushkar

About 506, Shoreline - Khushkar

506 is a two-bedroom apartment of 2,019 sqft on the 5th floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 6 November 2018 for AED 1,975,000, or AED 978 per sqft, 4% below the AED 1,019 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, 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, July 2009: AED 2,800,000 (AED 1,387 per sqft)Sold, November 2018: AED 1,975,000 (AED 978 per sqft)

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

Rents
Unit 506, 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 162,500

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 506 sits

All 66 2-beds →

506 last sold in November 2018 at AED 978 per sqft, 4% below what two-beds in Shoreline - Khushkar were fetching at the time (AED 1,019). 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.

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
5052-bedAED 2.5M · Apr 2023
5072-bedAED 1.75M · Mar 2021
5082-bedAED 3.1M · Sep 2023
1–7 of 11

506, Shoreline - Khushkar in numbers

  • Sold twice: first on 15 July 2009 for AED 2,800,000, last on 6 November 2018 for AED 1,975,000 (AED 978 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 6 November 2018.

Questions about 506, Shoreline - Khushkar

What did unit 506 last sell for?

AED 1,975,000 on 6 November 2018: AED 978 per sqft for 2,019 sqft. The unit has 2 registered sales; the first was AED 2,800,000 in July 2009.

How big is unit 506?

2,019 sqft (187.6 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2007.

What is unit 506 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.

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Mortgage on 506, Shoreline - Khushkar

Starts from the last sale price (AED 1.98M, 6 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,975,000
Deposit, UAE resident (20%)
AED 395,000
Deposit, non-resident (40%)
AED 790,000
Monthly over 25 years at 3.7%
AED 8,080

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