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

707, Shoreline - Khushkar

Sold prices and rental history: sold once, by the developer in March 2012, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 1 June 2018
Last soldAED 1.05M28 March 2012
Current rentAED 125K /yr1 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Shoreline - Khushkar

What is 707 worth today?

Last sold for AED 1,050,000 in 2012

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1 Jun 2018RentedNew contract
AED 125,000/yr12 months · AED 63 per sqft
10 Dec 2016RentedNew contract
AED 150,000/yr12 months · AED 75 per sqft
1 Sep 2015RentedNew contract
AED 160,000/yr12 months · AED 80 per sqft
28 Mar 2012Sold by developerReady
AED 1,050,000AED 525 per sqft

Source: Dubai Land Department. Updated 1 June 2018.

Key facts

Type
2-bed apartment
Size
2,000 sqft
Floor
7th of 11
Parking
B2-112
Developer
Nakheel
Completed
2007
Service charge
AED 31,400 /yr
Last sold
AED 1.05M · March 2012

About 707, Shoreline - Khushkar

707 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. The developer sold it on 28 March 2012 for AED 1,050,000, or AED 525 per sqft, 35% below the AED 806 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 1 June 2018, is AED 125,000 a year: a gross yield of 11.9% on the 2012 price, before the service charge of about AED 31,400 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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, March 2012: AED 1,050,000 (AED 525 per sqft)

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

Rents
Unit 707, 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, September 2015: AED 160,000 a yearNew contract, December 2016: AED 150,000 a yearNew contract, June 2018: AED 125,000 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 707 sits

All 66 2-beds →

707 last sold in March 2012 at AED 525 per sqft, 35% below what two-beds in Shoreline - Khushkar were fetching at the time (AED 806). 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. 707's AED 125,000 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
7062-bedAED 3.75M · Oct 2023
7082-bedAED 3.9M · Jun 2025
1–7 of 11

707, Shoreline - Khushkar in numbers

  • Sold once: by Nakheel on 28 March 2012 for AED 1,050,000, or AED 525 per sqft.
  • Rented since September 2015 on 3 Ejari contracts, from AED 160,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2012 price is 11.9%, 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 1 June 2018.

Questions about 707, Shoreline - Khushkar

What did unit 707 last sell for?

AED 1,050,000 on 28 March 2012, sold by the developer: AED 525 per sqft for 2,000 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 125,000 a year on the contract signed on 1 June 2018. The previous contract, from December 2016, was AED 150,000; the unit has been rented since September 2015.

How big is unit 707?

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 707 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 707, Shoreline - Khushkar

Starts from the last sale price (AED 1.05M, 28 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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