2-bed · 1,586 sqftShoreline - Sarrood, Palm Jumeirah · 2nd floor · completed 2007

212, Shoreline - Sarrood

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 212 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 800K7 April 2009
Current rentAED 184K /yr28 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Shoreline - Sarrood

What is 212 worth today?

Last sold for AED 800,000 in 2009

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28 Aug 2024RentedRenewal
AED 183,750/yr12 months · AED 116 per sqft
28 Aug 2023RentedNew contract
AED 175,000/yr12 months · AED 111 per sqft
15 Aug 2022RentedRenewal
AED 114,000/yr12 months · AED 72 per sqft
15 Aug 2021RentedRenewal
AED 95,000/yr12 months · AED 60 per sqft
15 Aug 2020RentedNew contract
AED 80,000/yr12 months · AED 51 per sqft
1 Aug 2018RentedRenewal
AED 110,000/yr17 months · AED 70 per sqft
1 Aug 2017RentedRenewal
AED 130,000/yr12 months · AED 82 per sqft
1 Aug 2016RentedRenewal
AED 144,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 28 August 2024.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
2nd of 9
Parking
B1-26
Developer
Nakheel
Completed
2007
Service charge
AED 27,100 /yr
Last sold
AED 800K · April 2009

About 212, Shoreline - Sarrood

212 is a two-bedroom apartment of 1,586 sqft on the 2nd floor of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 7 April 2009 for AED 800,000, or AED 504 per sqft, in line with the AED 506 two-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 28 August 2024, is AED 183,750 a year: a gross yield of 23.0% on the 2009 price, before the service charge of about AED 27,100 a year.

Sales and rents for 212 over time

Sales
Unit 212, each saleTypical two-bed in Shoreline - Sarrood
2M4M2009201420192024Typical sale price by year: 2009 AED 1,025,000; 2010 AED 1,575,000; 2011 AED 1,300,000; 2012 AED 1,585,000; 2013 AED 1,850,000; 2014 AED 2,350,000; 2015 AED 2,175,000; 2016 AED 2,250,000; 2017 AED 1,725,000; 2018 AED 1,700,000; 2019 AED 1,700,000; 2020 AED 1,395,000; 2021 AED 1,700,000; 2022 AED 2,200,000; 2023 AED 2,500,000; 2024 AED 3,280,000; 2025 AED 4,650,000; 2026 AED 3,725,000Sold by developer, April 2009: AED 800,000 (AED 504 per sqft)

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

Rents
Unit 212, each contractTypical two-bed in Shoreline - Sarrood
100K150K200K2012201620202024Typical rent by year: 2012 AED 122,000; 2013 AED 129,500; 2014 AED 155,000; 2015 AED 160,000; 2016 AED 155,000; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 115,000; 2020 AED 105,000; 2021 AED 101,000; 2022 AED 114,000; 2023 AED 160,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 180,000New contract, June 2013: AED 129,000 a yearNew contract, July 2014: AED 155,000 a yearNew contract, August 2015: AED 148,000 a yearRenewal, August 2016: AED 144,000 a yearRenewal, August 2017: AED 130,000 a yearRenewal, August 2018: AED 110,000 a yearNew contract, August 2020: AED 80,000 a yearRenewal, August 2021: AED 95,000 a yearRenewal, August 2022: AED 114,000 a yearNew contract, August 2023: AED 175,000 a yearRenewal, August 2024: AED 183,750 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 - Sarrood, and where 212 sits

All 54 2-beds →

212 last sold in April 2009 at AED 504 per sqft, in line with what two-beds in Shoreline - Sarrood were fetching at the time (AED 506). Over the last 12 months two-beds sold for AED 3,300,000 to 4,250,000, around AED 2,090 per sqft, and rent for AED 150,000 to 335,000 a year. 212's AED 183,750 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Oct 20264,100,000
24 Aug 20264,250,000
11 Aug 20263,350,000
3 Jul 20263,300,000
4 2-bed sales in the last 12 months

Shoreline - Sarrood

Building

108 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 12 sold in the last 12 months.

Typical price per sqft
AED 2,305
Typical sale
AED 4.6M
Typical rent
AED 180K /yr
Typical yield
4.6%
Shoreline - Sarrood, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 108 units in Shoreline - Sarrood
Value
2012-bedAED 1.25M · May 2020
2023-bedAED 2.93M · Oct 2014
2033-bedAED 4.85M · Jul 2025
2041-bedAED 1.25M · Oct 2018
2052-bedAED 2.05M · Nov 2022
2062-bedAED 3.35M · Aug 2026
2072-bedAED 1.03M · Apr 2009
1–7 of 11

212, Shoreline - Sarrood in numbers

  • Sold once: by Nakheel on 7 April 2009 for AED 800,000, or AED 504 per sqft.
  • Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 129,000 to AED 80,000 in 2020 and recovered to AED 183,750 by August 2024.
  • At AED 183,750 a year the gross yield on the 2009 price is 23.0%, before a service charge of about AED 27,100 a year (AED 17.10 per sqft).
  • Two-beds in Shoreline - Sarrood sold for AED 3,300,000–4,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,305 per sqft.

Source: Dubai Land Department. Updated 28 August 2024.

Questions about 212, Shoreline - Sarrood

What did unit 212 last sell for?

AED 800,000 on 7 April 2009, sold by the developer: AED 504 per sqft for 1,586 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 183,750 a year on the contract renewed on 28 August 2024. The previous contract, from August 2023, was AED 175,000; the unit has been rented since June 2013.

How big is unit 212?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2007.

What is unit 212 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Sarrood sold for AED 3,300,000 to 4,250,000 in the last 12 months, around AED 2,090 per sqft.

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Mortgage on 212, Shoreline - Sarrood

Starts from the last sale price (AED 800K, 7 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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