408, Shoreline - Sarrood
Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Shoreline - Sarrood
What is 408 worth today?
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Source: Dubai Land Department. Updated 1 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 4th of 9
- Parking
- B2-60
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 26,500 /yr
- Last sold
- AED 790K · July 2013
- Building
- Shoreline - Sarrood
About 408, Shoreline - Sarrood
408 is a two-bedroom apartment of 1,551 sqft on the 4th floor of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 9 July 2013 for AED 790,000, or AED 509 per sqft, 48% below the AED 977 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 135,292 a year: a gross yield of 17.1% on the 2013 price, before the service charge of about AED 26,500 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the two-bed median of each year in the building.
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 408 sits
All 54 2-beds →408 last sold in July 2013 at AED 509 per sqft, 48% below what two-beds in Shoreline - Sarrood were fetching at the time (AED 977). 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. 408's AED 135,292 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Oct 20265 October 2026 | 1,998 sqft | 4,100,000 | 2,052 | ||
| 24 Aug 202624 August 2026 | 1,583 sqft | 4,250,000 | 2,685 | ||
| 11 Aug 202611 August 2026 | 1,998 sqft | 3,350,000 | 1,676 | ||
| 3 Jul 20263 July 2026 | 1,551 sqft | 3,300,000 | 2,128 |
Shoreline - Sarrood
Building108 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%
Other units on the 4th floor
All 108 units in Shoreline - Sarrood| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,586 sqft | AED 2.23MAED 2,225,000 · Apr 2015April 2015 | 130,000 /yr | |
| 402 | 3-bed | 2,221 sqft | AED 2.6MAED 2,600,000 · Apr 2017April 2017 | 205,000 /yr | |
| 403 | 3-bed | 2,161 sqft | AED 1.2MAED 1,200,000 · Jun 2011June 2011 | 230,000 /yr | |
| 404 | 1-bed | 1,145 sqft | AED 985KAED 985,000 · Jun 2011June 2011 | 120,000 /yr | |
| 405 | 2-bed | 1,551 sqft | AED 1.52MAED 1,519,200 · Dec 2009December 2009 | 150,000 /yr | |
| 406 | 2-bed | 1,998 sqft | AED 4.1MAED 4,100,000 · Oct 2026October 2026 | 199,500 /yr | |
| 407 | 2-bed | 1,998 sqft | AED 4.65MAED 4,650,000 · Aug 2025August 2025 | ||
| 409 | 1-bed | 1,145 sqft | AED 600KAED 600,000 · Feb 2010February 2010 | 125,000 /yr | |
| 410 | 3-bed | 2,161 sqft | AED 2.45MAED 2,450,000 · Aug 2021August 2021 | 190,204 /yr | |
| 411 | 3-bed | 2,221 sqft | AED 2.2MAED 2,200,000 · May 2017May 2017 | 240,000 /yr | |
| 412 | 2-bed | 1,586 sqft | AED 2.08MAED 2,075,000 · Feb 2022February 2022 |
408, Shoreline - Sarrood in numbers
- Sold once: by Nakheel on 9 July 2013 for AED 790,000, or AED 509 per sqft.
- Rented since January 2012 on 11 Ejari contracts, from AED 52,000 to AED 135,292 a year.
- At AED 135,292 a year the gross yield on the 2013 price is 17.1%, before a service charge of about AED 26,500 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 1 June 2024.
Questions about 408, Shoreline - Sarrood
What did unit 408 last sell for?
AED 790,000 on 9 July 2013, sold by the developer: AED 509 per sqft for 1,551 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 135,292 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 117,645; the unit has been rented since January 2012.
How big is unit 408?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.
What is unit 408 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 408, Shoreline - Sarrood
Starts from the last sale price (AED 790K, 9 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 790,000
- Deposit, UAE resident (20%)
- AED 158,000
- Deposit, non-resident (40%)
- AED 316,000
- Monthly over 25 years at 3.7%
- AED 3,232
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →