2-bed · 1,583 sqftShoreline - Sarrood, Palm Jumeirah · 7th floor · completed 2007

701, Shoreline - Sarrood

Sold prices and rental history: sold once, by the developer in May 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 12 May 2009
Last soldAED 825K12 May 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Shoreline - Sarrood

What is 701 worth today?

Last sold for AED 825,000 in 2009

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12 May 2009Sold by developerReady
AED 825,000AED 521 per sqft

Source: Dubai Land Department. Updated 12 May 2009.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
7th of 9
Parking
B2-96
Developer
Nakheel
Completed
2007
Service charge
AED 27,100 /yr
Last sold
AED 825K · May 2009

About 701, Shoreline - Sarrood

701 is a two-bedroom apartment of 1,583 sqft on the 7th floor of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 12 May 2009 for AED 825,000, or AED 521 per sqft, in line with the AED 521 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 701 over time

Sales
Unit 701, 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 825,000 (AED 521 per sqft)

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

Rents
Unit 701, 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 180,000

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 701 sits

All 54 2-beds →

701 last sold in May 2009 at AED 521 per sqft, in line with what two-beds in Shoreline - Sarrood were fetching at the time (AED 521). 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.

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 7th floor

All 108 units in Shoreline - Sarrood
Value
7023-bedAED 2.62M · Mar 2017
7033-bedAED 2.76M · May 2009
7041-bedAED 1.85M · Feb 2023
7052-bedAED 2.1M · Oct 2013
7062-bedAED 1.05M · Jun 2009
7072-bedAED 2.2M · May 2022
7082-bedAED 815K · May 2009
1–7 of 11

701, Shoreline - Sarrood in numbers

  • Sold once: by Nakheel on 12 May 2009 for AED 825,000, or AED 521 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 12 May 2009.

Questions about 701, Shoreline - Sarrood

What did unit 701 last sell for?

AED 825,000 on 12 May 2009, sold by the developer: AED 521 per sqft for 1,583 sqft. It is the only registered sale of the unit.

How big is unit 701?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 701 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 701, Shoreline - Sarrood

Starts from the last sale price (AED 825K, 12 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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