2-bed · 2,000 sqftShoreline - Khushkar, Palm Jumeirah · 7th floor · completed 2007

706, Shoreline - Khushkar

Sold prices and rental history: sold 3 times, last in October 2023, and rented since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 10 October 2023
Last soldAED 3.75M10 October 2023
Current rentAED 135K /yr1 July 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Shoreline - Khushkar

What is 706 worth today?

Last sold for AED 3,750,000 in 2023

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10 Oct 2023SoldReady
AED 3,750,000AED 1,875 per sqft
10 Dec 2013SoldReady
AED 2,900,000AED 1,450 per sqft
1 Jul 2012RentedNew contract
AED 135,000/yr12 months · AED 68 per sqft
14 May 2011RentedNew contract
AED 120,000/yr12 months · AED 60 per sqft
19 Apr 2009Sold by developerReady
AED 1,050,000AED 525 per sqft

Source: Dubai Land Department. Updated 10 October 2023.

Key facts

Type
2-bed apartment
Size
2,000 sqft
Floor
7th of 11
Parking
B2-111
Developer
Nakheel
Completed
2007
Service charge
AED 31,400 /yr
Last sold
AED 3.75M · October 2023

About 706, Shoreline - Khushkar

706 is a two-bedroom apartment of 2,000 sqft on the 7th floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 10 October 2023 for AED 3,750,000, or AED 1,875 per sqft, 23% above the AED 1,520 two-beds in the building were fetching at the time.

It has been rented since 2011 on 2 Ejari contracts. The current contract, signed on 1 July 2012, is AED 135,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 31,400 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, April 2009: AED 1,050,000 (AED 525 per sqft)Sold, December 2013: AED 2,900,000 (AED 1,450 per sqft)Sold, October 2023: AED 3,750,000 (AED 1,875 per sqft)

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

Rents
Unit 706, 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, May 2011: AED 120,000 a yearNew contract, July 2012: AED 135,000 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 706 sits

All 66 2-beds →

706 last sold in October 2023 at AED 1,875 per sqft, 23% above what two-beds in Shoreline - Khushkar were fetching at the time (AED 1,520). 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. 706's AED 135,000 is at the bottom 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 7th floor

All 132 units in Shoreline - Khushkar
Value
7012-bedAED 825K · Jul 2009
7023-bedAED 4.8M · Mar 2025
7033-bedAED 5M · Aug 2025
7041-bedAED 625K · Apr 2012
7052-bedAED 1.3M · Oct 2015
7072-bedAED 1.05M · Mar 2012
7082-bedAED 3.9M · Jun 2025
1–7 of 11

706, Shoreline - Khushkar in numbers

  • Sold 3 times: first on 19 April 2009 for AED 1,050,000, last on 10 October 2023 for AED 3,750,000 (AED 1,875 per sqft).
  • Rented since May 2011 on 2 Ejari contracts, from AED 120,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2023 price is 3.6%, before a service charge of about AED 31,400 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 10 October 2023.

Questions about 706, Shoreline - Khushkar

What did unit 706 last sell for?

AED 3,750,000 on 10 October 2023: AED 1,875 per sqft for 2,000 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in April 2009.

What is the rent for unit 706?

AED 135,000 a year on the contract signed on 1 July 2012. The previous contract, from May 2011, was AED 120,000.

How big is unit 706?

2,000 sqft (185.8 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2007.

What is unit 706 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 706, Shoreline - Khushkar

Starts from the last sale price (AED 3.75M, 10 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,750,000
Deposit, UAE resident (20%)
AED 750,000
Deposit, non-resident (40%)
AED 1,500,000
Monthly over 25 years at 3.7%
AED 15,342

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