3-bed · 2,181 sqftShoreline - Sarrood, Palm Jumeirah · 7th floor · completed 2007

711, Shoreline - Sarrood

Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 27 May 2021
Last soldAED 2.25M27 May 2021
Current rentAED 125K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Shoreline - Sarrood

What is 711 worth today?

Last sold for AED 2,250,000 in 2021

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27 May 2021SoldReady
AED 2,250,000AED 1,031 per sqft
1 Jul 2020RentedRenewal
AED 125,000/yr12 months · AED 57 per sqft
1 Jul 2019RentedRenewal
AED 145,000/yr12 months · AED 66 per sqft
1 Jul 2018RentedRenewal
AED 165,000/yr12 months · AED 76 per sqft
1 Jul 2017RentedRenewal
AED 175,000/yr12 months · AED 80 per sqft
1 Jul 2016RentedRenewal
AED 175,000/yr12 months · AED 80 per sqft
1 Jul 2015RentedNew contract
AED 175,000/yr12 months · AED 80 per sqft
1 Jul 2014RentedNew contract
AED 175,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 27 May 2021.

Key facts

Type
3-bed apartment
Size
2,181 sqft
Floor
7th of 9
Parking
B2-115,B2-116
Developer
Nakheel
Completed
2007
Service charge
AED 37,300 /yr
Last sold
AED 2.25M · May 2021

About 711, Shoreline - Sarrood

711 is a three-bedroom apartment of 2,181 sqft on the 7th floor of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 27 May 2021 for AED 2,250,000, or AED 1,031 per sqft, 19% above the AED 863 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 July 2020, is AED 125,000 a year: a gross yield of 5.6% on the 2021 price, before the service charge of about AED 37,300 a year.

Sales and rents for 711 over time

Sales
Unit 711, each saleTypical three-bed in Shoreline - Sarrood
2M4M2009201420192024Typical sale price by year: 2009 AED 1,175,000; 2010 AED 1,700,000; 2011 AED 1,495,000; 2012 AED 2,100,000; 2013 AED 2,392,500; 2014 AED 2,925,000; 2015 AED 2,250,000; 2016 AED 1,750,000; 2017 AED 2,600,000; 2018 AED 2,121,546; 2021 AED 2,250,000; 2023 AED 3,020,000; 2024 AED 3,546,167; 2026 AED 4,999,999Sold by developer, May 2009: AED 1,175,000 (AED 538 per sqft)Sold, May 2021: AED 2,250,000 (AED 1,031 per sqft)

711 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 711, each contractTypical three-bed in Shoreline - Sarrood
150K200K250K2012201620202024Typical rent by year: 2012 AED 162,500; 2013 AED 165,000; 2014 AED 181,500; 2015 AED 190,000; 2016 AED 185,000; 2017 AED 175,000; 2018 AED 160,000; 2019 AED 145,000; 2020 AED 131,000; 2021 AED 132,500; 2022 AED 160,000; 2023 AED 187,500; 2024 AED 220,000; 2025 AED 235,000; 2026 AED 220,000New contract, July 2013: AED 165,000 a yearNew contract, July 2014: AED 175,000 a yearNew contract, July 2015: AED 175,000 a yearRenewal, July 2016: AED 175,000 a yearRenewal, July 2017: AED 175,000 a yearRenewal, July 2018: AED 165,000 a yearRenewal, July 2019: AED 145,000 a yearRenewal, July 2020: AED 125,000 a year

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

3-beds in Shoreline - Sarrood, and where 711 sits

All 40 3-beds →

711 last sold in May 2021 at AED 1,031 per sqft, 19% above what three-beds in Shoreline - Sarrood were fetching at the time (AED 863). Over the last 12 months three-beds sold for AED 4,950,000 to 6,400,000, around AED 2,313 per sqft, and rent for AED 130,000 to 359,035 a year. 711's AED 125,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
15 Oct 20265,300,000
22 Sep 20264,999,999
3 Sep 20264,950,000
26 Feb 20264,975,000
6 3-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

711, Shoreline - Sarrood in numbers

  • Sold twice: first on 31 May 2009 for AED 1,175,000, last on 27 May 2021 for AED 2,250,000 (AED 1,031 per sqft).
  • Rented since July 2013 on 8 Ejari contracts, from AED 165,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2021 price is 5.6%, before a service charge of about AED 37,300 a year (AED 17.10 per sqft).
  • Three-beds in Shoreline - Sarrood sold for AED 4,950,000–6,400,000 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 27 May 2021.

Questions about 711, Shoreline - Sarrood

What did unit 711 last sell for?

AED 2,250,000 on 27 May 2021: AED 1,031 per sqft for 2,181 sqft. The unit has 2 registered sales; the first was AED 1,175,000 in May 2009.

What is the rent for unit 711?

AED 125,000 a year on the contract renewed on 1 July 2020. The previous contract, from July 2019, was AED 145,000; the unit has been rented since July 2013.

How big is unit 711?

2,181 sqft (202.6 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 711 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Sarrood sold for AED 4,950,000 to 6,400,000 in the last 12 months, around AED 2,313 per sqft.

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Mortgage on 711, Shoreline - Sarrood

Starts from the last sale price (AED 2.25M, 27 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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