2-bed · 1,586 sqftShoreline - Sarrood, Palm Jumeirah · 4th floor · completed 2007

401, Shoreline - Sarrood

Sold prices and rental history: sold 5 times, last in April 2015, and rented once, from July 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 6 April 2015
Last soldAED 2.23M6 April 2015
Current rentAED 130K /yr15 July 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Shoreline - Sarrood

What is 401 worth today?

Last sold for AED 2,225,000 in 2015

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6 Apr 2015SoldReady
AED 2,225,000AED 1,402 per sqft
20 Oct 2014SoldReady
AED 2,400,000AED 1,513 per sqft
15 Jul 2013RentedNew contract
AED 130,000/yr12 months · AED 82 per sqft
10 Jun 2013SoldReady
AED 1,850,000AED 1,166 per sqft
7 Oct 2009SoldReady
AED 1,850,000AED 1,166 per sqft
14 May 2009Sold by developerReady
AED 800,000AED 504 per sqft

Source: Dubai Land Department. Updated 6 April 2015.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
4th of 9
Parking
B2-47
Developer
Nakheel
Completed
2007
Service charge
AED 27,100 /yr
Last sold
AED 2.23M · April 2015

About 401, Shoreline - Sarrood

401 is a two-bedroom apartment of 1,586 sqft on the 4th floor of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 6 April 2015 for AED 2,225,000, or AED 1,402 per sqft, 4% below the AED 1,453 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 July 2013. The current contract, signed on 15 July 2013, is AED 130,000 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 27,100 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, May 2009: AED 800,000 (AED 504 per sqft)Sold, October 2009: AED 1,850,000 (AED 1,166 per sqft)Sold, June 2013: AED 1,850,000 (AED 1,166 per sqft)Sold, October 2014: AED 2,400,000 (AED 1,513 per sqft)Sold, April 2015: AED 2,225,000 (AED 1,402 per sqft)

401 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, 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, July 2013: AED 130,000 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 - Sarrood, and where 401 sits

All 54 2-beds →

401 last sold in April 2015 at AED 1,402 per sqft, 4% below what two-beds in Shoreline - Sarrood were fetching at the time (AED 1,453). 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. 401's AED 130,000 is at the bottom 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 4th floor

All 108 units in Shoreline - Sarrood
Value
4023-bedAED 2.6M · Apr 2017
4033-bedAED 1.2M · Jun 2011
4041-bedAED 985K · Jun 2011
4052-bedAED 1.52M · Dec 2009
4062-bedAED 4.1M · Oct 2026
4072-bedAED 4.65M · Aug 2025
4082-bedAED 790K · Jul 2013
1–7 of 11

401, Shoreline - Sarrood in numbers

  • Sold 5 times: first on 14 May 2009 for AED 800,000, last on 6 April 2015 for AED 2,225,000 (AED 1,402 per sqft).
  • Rented since July 2013 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2015 price is 5.8%, 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 6 April 2015.

Questions about 401, Shoreline - Sarrood

What did unit 401 last sell for?

AED 2,225,000 on 6 April 2015: AED 1,402 per sqft for 1,586 sqft. The unit has 5 registered sales; the first was AED 800,000 in May 2009.

What is the rent for unit 401?

AED 130,000 a year on the contract signed on 15 July 2013.

How big is unit 401?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 401 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 401, Shoreline - Sarrood

Starts from the last sale price (AED 2.23M, 6 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,225,000
Deposit, UAE resident (20%)
AED 445,000
Deposit, non-resident (40%)
AED 890,000
Monthly over 25 years at 3.7%
AED 9,103

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