2-bed · 2,014 sqftShoreline - Sarrood, Palm Jumeirah · 5th floor · completed 2007

506, Shoreline - Sarrood

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 26 November 2026
Last soldAED 1.03M12 July 2009
Current rentAED 200K /yr26 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Shoreline - Sarrood

What is 506 worth today?

Last sold for AED 1,025,000 in 2009

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26 Nov 2026RentedRenewal
AED 200,004/yr2 months · AED 99 per sqft
24 Nov 2025RentedNew contract
AED 198,895/yr12 months · AED 99 per sqft
15 Sep 2024RentedRenewal
AED 144,210/yr12 months · AED 72 per sqft
15 Sep 2023RentedRenewal
AED 120,175/yr12 months · AED 60 per sqft
15 Sep 2022RentedRenewal
AED 109,250/yr12 months · AED 54 per sqft
15 Sep 2021RentedNew contract
AED 95,000/yr12 months · AED 47 per sqft
20 Aug 2020RentedNew contract
AED 80,000/yr12 months · AED 40 per sqft
28 Aug 2019RentedNew contract
AED 105,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 26 November 2026.

Key facts

Type
2-bed apartment
Size
2,014 sqft
Floor
5th of 9
Parking
B2-75
Developer
Nakheel
Completed
2007
Service charge
AED 34,400 /yr
Last sold
AED 1.03M · July 2009

About 506, Shoreline - Sarrood

506 is a two-bedroom apartment of 2,014 sqft on the 5th floor of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 12 July 2009 for AED 1,025,000, or AED 508 per sqft, 3% below the AED 525 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, renewed on 26 November 2026, is AED 200,004 a year: a gross yield of 19.5% on the 2009 price, before the service charge of about AED 34,400 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, July 2009: AED 1,025,000 (AED 508 per sqft)

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

Rents
Unit 506, each contractTypical two-bed in Shoreline - Sarrood
100K200K2012201620202024Typical 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, April 2012: AED 122,000 a yearRenewal, April 2013: AED 122,000 a yearNew contract, April 2014: AED 140,000 a yearNew contract, May 2015: AED 150,000 a yearRenewal, May 2016: AED 155,000 a yearNew contract, August 2017: AED 125,000 a yearNew contract, August 2018: AED 125,000 a yearNew contract, August 2019: AED 105,000 a yearNew contract, August 2020: AED 80,000 a yearNew contract, September 2021: AED 95,000 a yearRenewal, September 2022: AED 109,250 a yearRenewal, September 2023: AED 120,175 a yearRenewal, September 2024: AED 144,210 a yearNew contract, November 2025: AED 198,895 a yearRenewal, November 2026: AED 200,004 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 506 sits

All 54 2-beds →

506 last sold in July 2009 at AED 508 per sqft, 3% below what two-beds in Shoreline - Sarrood were fetching at the time (AED 525). 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. 506's AED 200,004 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 5th floor

All 108 units in Shoreline - Sarrood
Value
5012-bedAED 1.8M · Feb 2022
5023-bedAED 1.7M · Sep 2010
5033-bedAED 1.5M · Nov 2016
5041-bedAED 1.7M · Dec 2013
5052-bedAED 3.28M · Jun 2024
5072-bedAED 2.25M · Jun 2022
5082-bedAED 3.1M · Feb 2024
1–7 of 11

506, Shoreline - Sarrood in numbers

  • Sold once: by Nakheel on 12 July 2009 for AED 1,025,000, or AED 508 per sqft.
  • Rented since April 2012 on 15 Ejari contracts. The rent fell from AED 122,000 to AED 80,000 in 2020 and recovered to AED 200,004 by November 2026.
  • At AED 200,004 a year the gross yield on the 2009 price is 19.5%, before a service charge of about AED 34,400 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 26 November 2026.

Questions about 506, Shoreline - Sarrood

What did unit 506 last sell for?

AED 1,025,000 on 12 July 2009, sold by the developer: AED 508 per sqft for 2,014 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 200,004 a year on the contract renewed on 26 November 2026. The previous contract, from November 2025, was AED 198,895; the unit has been rented since April 2012.

How big is unit 506?

2,014 sqft (187.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.

What is unit 506 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 506, Shoreline - Sarrood

Starts from the last sale price (AED 1.03M, 12 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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