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

709, Shoreline - Sarrood

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 5 September 2023
Last soldAED 1.9M5 September 2023
Current rentAED 88K /yr29 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Shoreline - Sarrood

What is 709 worth today?

Last sold for AED 1,900,000 in 2023

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5 Sep 2023SoldReady
AED 1,900,000AED 1,658 per sqft
29 Jun 2022RentedRenewal
AED 88,000/yr12 months · AED 77 per sqft
29 Jun 2021RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
25 May 2020RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
24 Jan 2020RentedNew contract
AED 88,000/yr12 months · AED 77 per sqft
28 Jan 2018SoldReady
AED 1,378,559AED 1,203 per sqft
1 Jul 2017RentedRenewal
AED 30,000/yr24 months · AED 26 per sqft
1 Jun 2016RentedRenewal
AED 27,692/yr13 months · AED 24 per sqft

Source: Dubai Land Department. Updated 5 September 2023.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
7th of 9
Parking
B2-110
Developer
Nakheel
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 1.9M · September 2023

About 709, Shoreline - Sarrood

709 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 5 September 2023 for AED 1,900,000, or AED 1,658 per sqft, 6% above the AED 1,571 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 29 June 2022, is AED 88,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 19,600 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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, May 2009: AED 625,000 (AED 545 per sqft)Sold, January 2018: AED 1,378,559 (AED 1,203 per sqft)Sold, September 2023: AED 1,900,000 (AED 1,658 per sqft)

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

Rents
Unit 709, each contractTypical one-bed in Shoreline - Sarrood
50K100K150K2012201620202024Typical 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, September 2013: AED 100,000 a yearNew contract, June 2014: AED 30,000 a yearNew contract, June 2015: AED 30,000 a yearRenewal, June 2016: AED 27,692 a yearRenewal, July 2017: AED 30,000 a yearNew contract, January 2020: AED 88,000 a yearNew contract, May 2020: AED 80,000 a yearNew contract, June 2021: AED 80,000 a yearRenewal, June 2022: AED 88,000 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 709 sits

All 22 1-beds →

709 last sold in September 2023 at AED 1,658 per sqft, 6% above what one-beds in Shoreline - Sarrood were fetching at the time (AED 1,571). 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. 709's AED 88,000 is in the lower half 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
7041-bedAED 1.85M · Feb 2023
7052-bedAED 2.1M · Oct 2013
7062-bedAED 1.05M · Jun 2009
7072-bedAED 2.2M · May 2022
1–7 of 11

709, Shoreline - Sarrood in numbers

  • Sold 3 times: first on 12 May 2009 for AED 625,000, last on 5 September 2023 for AED 1,900,000 (AED 1,658 per sqft).
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 27,692 in 2016 and recovered to AED 88,000 by June 2022.
  • At AED 88,000 a year the gross yield on the 2023 price is 4.6%, 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 5 September 2023.

Questions about 709, Shoreline - Sarrood

What did unit 709 last sell for?

AED 1,900,000 on 5 September 2023: AED 1,658 per sqft for 1,145 sqft. The unit has 3 registered sales; the first was AED 625,000 in May 2009.

What is the rent for unit 709?

AED 88,000 a year on the contract renewed on 29 June 2022. The previous contract, from June 2021, was AED 80,000; the unit has been rented since September 2013.

How big is unit 709?

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 709 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 709, Shoreline - Sarrood

Starts from the last sale price (AED 1.9M, 5 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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