1-bed · 1,145 sqftShoreline - Sarrood, Palm Jumeirah · 7th floor · completed 2007

704, Shoreline - Sarrood

Sold prices and rental history: sold 3 times, last in February 2023, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 3 May 2025
Last soldAED 1.85M8 February 2023
Current rentAED 145K /yr3 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Shoreline - Sarrood

What is 704 worth today?

Last sold for AED 1,850,000 in 2023

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3 May 2025RentedNew contract
AED 145,000/yr12 months · AED 127 per sqft
10 Jul 2024RentedRenewal
AED 145,000/yr12 months · AED 127 per sqft
10 Jul 2023RentedNew contract
AED 145,000/yr12 months · AED 127 per sqft
8 Feb 2023SoldReady
AED 1,850,000AED 1,615 per sqft
7 Jan 2022RentedNew contract
AED 73,000/yr12 months · AED 64 per sqft
15 Dec 2021SoldReady
AED 1,350,000AED 1,178 per sqft
7 Jan 2021RentedNew contract
AED 68,000/yr12 months · AED 59 per sqft
5 Sep 2020RentedRenewal
AED 75,000/yr3 months · AED 65 per sqft

Source: Dubai Land Department. Updated 3 May 2025.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
7th of 9
Parking
B2-99
Developer
Nakheel
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 1.85M · February 2023

About 704, Shoreline - Sarrood

704 is a one-bedroom apartment of 1,145 sqft on the 7th floor of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 8 February 2023 for AED 1,850,000, or AED 1,615 per sqft, 6% above the AED 1,521 one-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 15 Ejari contracts. The current contract, signed on 3 May 2025, is AED 145,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 19,600 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Shoreline - Sarrood
1M2M2009201420192024Typical sale price by year: 2009 AED 625,000; 2011 AED 930,000; 2012 AED 625,000; 2013 AED 1,675,000; 2018 AED 1,240,000; 2021 AED 1,225,000; 2022 AED 1,735,000; 2023 AED 1,850,000; 2025 AED 1,800,000Sold by developer, July 2009: AED 625,000 (AED 545 per sqft)Sold, December 2021: AED 1,350,000 (AED 1,178 per sqft)Sold, February 2023: AED 1,850,000 (AED 1,615 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Shoreline - Sarrood
100K150K20112015201920232027Typical rent by year: 2012 AED 75,000; 2013 AED 100,000; 2014 AED 116,500; 2015 AED 120,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 98,000; 2019 AED 80,000; 2020 AED 69,000; 2021 AED 75,000; 2022 AED 87,125; 2023 AED 103,950; 2024 AED 130,000; 2025 AED 132,000; 2026 AED 123,000New contract, August 2011: AED 75,000 a yearRenewal, August 2012: AED 75,000 a yearNew contract, August 2013: AED 100,000 a yearRenewal, August 2014: AED 115,000 a yearRenewal, August 2015: AED 126,500 a yearRenewal, August 2016: AED 126,500 a yearRenewal, August 2017: AED 112,000 a yearNew contract, August 2018: AED 85,000 a yearNew contract, September 2019: AED 75,000 a yearRenewal, September 2020: AED 75,000 a yearNew contract, January 2021: AED 68,000 a yearNew contract, January 2022: AED 73,000 a yearNew contract, July 2023: AED 145,000 a yearRenewal, July 2024: AED 145,000 a yearNew contract, May 2025: AED 145,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Sarrood, and where 704 sits

All 22 1-beds →

704 last sold in February 2023 at AED 1,615 per sqft, 6% above what one-beds in Shoreline - Sarrood were fetching at the time (AED 1,521). Over the last 12 months one-beds sold for AED 2,500,000 to 2,750,000, around AED 2,291 per sqft, and rent for AED 60,000 to 145,000 a year. 704's AED 145,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Aug 20262,500,000
20 Feb 20262,750,000
13 May 20251,300,000
5 May 20252,300,000
2 1-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
7012-bedAED 825K · May 2009
7023-bedAED 2.62M · Mar 2017
7033-bedAED 2.76M · May 2009
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

704, Shoreline - Sarrood in numbers

  • Sold 3 times: first on 14 July 2009 for AED 625,000, last on 8 February 2023 for AED 1,850,000 (AED 1,615 per sqft).
  • Rented since August 2011 on 15 Ejari contracts, from AED 75,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2023 price is 7.8%, before a service charge of about AED 19,600 a year (AED 17.10 per sqft).
  • One-beds in Shoreline - Sarrood sold for AED 2,500,000–2,750,000 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 3 May 2025.

Questions about 704, Shoreline - Sarrood

What did unit 704 last sell for?

AED 1,850,000 on 8 February 2023: AED 1,615 per sqft for 1,145 sqft. The unit has 3 registered sales; the first was AED 625,000 in July 2009.

What is the rent for unit 704?

AED 145,000 a year on the contract signed on 3 May 2025. The previous contract, from July 2024, was AED 145,000; the unit has been rented since August 2011.

How big is unit 704?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shoreline - Sarrood sold for AED 2,500,000 to 2,750,000 in the last 12 months, around AED 2,291 per sqft.

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Mortgage on 704, Shoreline - Sarrood

Starts from the last sale price (AED 1.85M, 8 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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