2-bed · 1,551 sqftShoreline - Sarrood, Palm Jumeirah · 5th floor · completed 2007

508, Shoreline - Sarrood

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 25 April 2026
Last soldAED 3.1M19 February 2024
Current rentAED 170K /yr25 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Shoreline - Sarrood

What is 508 worth today?

Last sold for AED 3,100,000 in 2024

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25 Apr 2026RentedRenewal
AED 170,000/yr12 months · AED 110 per sqft
25 Apr 2025RentedRenewal
AED 170,000/yr12 months · AED 110 per sqft
25 Apr 2025RentedRenewal
AED 170,000/yr12 months · AED 110 per sqft
25 Apr 2024RentedNew contract
AED 170,000/yr12 months · AED 110 per sqft
19 Feb 2024SoldReady
AED 3,100,000AED 1,999 per sqft
5 Sep 2022RentedNew contract
AED 105,000/yr12 months · AED 68 per sqft
5 Sep 2021RentedRenewal
AED 105,000/yr12 months · AED 68 per sqft
5 Sep 2020RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 25 April 2026.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
5th of 9
Parking
B2-77
Developer
Nakheel
Completed
2007
Service charge
AED 26,500 /yr
Last sold
AED 3.1M · February 2024

About 508, Shoreline - Sarrood

508 is a two-bedroom apartment of 1,551 sqft on the 5th floor of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 19 February 2024 for AED 3,100,000, or AED 1,999 per sqft, 20% above the AED 1,660 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 25 April 2026, is AED 170,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 26,500 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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 790,000 (AED 509 per sqft)Sold, July 2010: AED 1,500,000 (AED 967 per sqft)Sold, February 2024: AED 3,100,000 (AED 1,999 per sqft)

508 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 508, 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, April 2015: AED 155,000 a yearRenewal, April 2016: AED 162,750 a yearNew contract, September 2017: AED 130,000 a yearRenewal, September 2018: AED 126,000 a yearNew contract, September 2019: AED 110,000 a yearRenewal, September 2020: AED 100,000 a yearRenewal, September 2021: AED 105,000 a yearNew contract, September 2022: AED 105,000 a yearNew contract, April 2024: AED 170,000 a yearRenewal, April 2025: AED 170,000 a yearRenewal, April 2025: AED 170,000 a yearRenewal, April 2026: AED 170,000 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 508 sits

All 54 2-beds →

508 last sold in February 2024 at AED 1,999 per sqft, 20% above what two-beds in Shoreline - Sarrood were fetching at the time (AED 1,660). 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. 508's AED 170,000 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
5062-bedAED 1.03M · Jul 2009
5072-bedAED 2.25M · Jun 2022
1–7 of 11

508, Shoreline - Sarrood in numbers

  • Sold 3 times: first on 14 May 2009 for AED 790,000, last on 19 February 2024 for AED 3,100,000 (AED 1,999 per sqft).
  • Rented since April 2015 on 12 Ejari contracts. The rent fell from AED 155,000 to AED 100,000 in 2020 and recovered to AED 170,000 by April 2026.
  • At AED 170,000 a year the gross yield on the 2024 price is 5.5%, 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 25 April 2026.

Questions about 508, Shoreline - Sarrood

What did unit 508 last sell for?

AED 3,100,000 on 19 February 2024: AED 1,999 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 790,000 in May 2009.

What is the rent for unit 508?

AED 170,000 a year on the contract renewed on 25 April 2026. The previous contract, from April 2025, was AED 170,000; the unit has been rented since April 2015.

How big is unit 508?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.

What is unit 508 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 508, Shoreline - Sarrood

Starts from the last sale price (AED 3.1M, 19 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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