401, Shoreline - Shahla
Sold prices and rental history: sold twice, last in April 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Shoreline - Shahla
What is 401 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,586 sqft
- Floor
- 4th of 9
- Parking
- B2-72
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 28,800 /yr
- Last sold
- AED 1.8M · April 2013
- Building
- Shoreline - Shahla
About 401, Shoreline - Shahla
401 is a two-bedroom apartment of 1,586 sqft on the 4th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 10 April 2013 for AED 1,800,000, or AED 1,135 per sqft, 22% above the AED 931 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 144,000 a year: a gross yield of 8.0% on the 2013 price, before the service charge of about AED 28,800 a year.
Sales and rents for 401 over time
401 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Shoreline - Shahla, and where 401 sits
All 54 2-beds →401 last sold in April 2013 at AED 1,135 per sqft, 22% above what two-beds in Shoreline - Shahla were fetching at the time (AED 931). Over the last 12 months two-beds sold for AED 3,480,000 to 4,175,000, around AED 2,398 per sqft, and rent for AED 117,522 to 315,000 a year. 401's AED 144,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 1,551 sqft | 4,175,000 | 2,692 | ||
| 11 Aug 202611 August 2026 | 1,551 sqft | 3,480,000 | 2,244 | ||
| 8 Apr 20268 April 2026 | 1,589 sqft | 4,055,000 | 2,551 | ||
| 26 Feb 202626 February 2026 | 1,603 sqft | 3,550,000 | 2,214 |
Shoreline - Shahla
Building108 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 13 sold in the last 12 months.
- Typical price per sqft
- AED 2,244 Up 1.9%
- Typical sale
- AED 4.18M
- Typical rent
- AED 180K /yr
- Typical yield
- 5.2%
Other units on the 4th floor
All 108 units in Shoreline - Shahla| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 3-bed | 2,218 sqft | AED 3.2MAED 3,200,000 · Apr 2009April 2009 | ||
| 403 | 3-bed | 2,157 sqft | AED 1.75MAED 1,750,000 · Jan 2021January 2021 | 135,000 /yr | |
| 404 | 1-bed | 1,145 sqft | AED 1.42MAED 1,420,000 · Nov 2017November 2017 | 135,000 /yr | |
| 405 | 2-bed | 775 sqft | AED 900KAED 900,000 · Feb 2022February 2022 | 180,000 /yr | |
| 406 | 2-bed | 1,997 sqft | AED 4.05MAED 4,050,000 · Dec 2024December 2024 | 245,000 /yr | |
| 407 | 2-bed | 1,997 sqft | AED 3.65MAED 3,650,000 · Jun 2024June 2024 | 205,000 /yr | |
| 408 | 2-bed | 1,551 sqft | AED 3.8MAED 3,800,000 · Aug 2025August 2025 | 171,074 /yr | |
| 409 | 1-bed | 1,145 sqft | AED 600KAED 600,000 · Apr 2009April 2009 | 112,500 /yr | |
| 410 | 3-bed | 2,157 sqft | AED 4.75MAED 4,750,000 · Apr 2025April 2025 | 170,858 /yr | |
| 411 | 3-bed | 2,218 sqft | AED 1.76MAED 1,760,000 · Feb 2020February 2020 | ||
| 412 | 2-bed | 1,586 sqft | AED 3.3MAED 3,300,000 · Jan 2025January 2025 | 169,756 /yr |
401, Shoreline - Shahla in numbers
- Sold twice: first on 21 April 2009 for AED 1,800,000, last on 10 April 2013 for AED 1,800,000 (AED 1,135 per sqft).
- Rented since September 2017 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 88,000 in 2020 and recovered to AED 144,000 by November 2024.
- At AED 144,000 a year the gross yield on the 2013 price is 8.0%, before a service charge of about AED 28,800 a year (AED 18.13 per sqft).
- Two-beds in Shoreline - Shahla sold for AED 3,480,000–4,175,000 in the 12 months to November 2026; the building's median across all types is AED 2,244 per sqft.
Source: Dubai Land Department. Updated 1 November 2024.
Questions about 401, Shoreline - Shahla
What did unit 401 last sell for?
AED 1,800,000 on 10 April 2013: AED 1,135 per sqft for 1,586 sqft. The unit has 2 registered sales; the first was AED 1,800,000 in April 2009.
What is the rent for unit 401?
AED 144,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2024, was AED 144,000; the unit has been rented since September 2017.
How big is unit 401?
1,586 sqft (147.3 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.
What is unit 401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Shahla sold for AED 3,480,000 to 4,175,000 in the last 12 months, around AED 2,398 per sqft.
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Mortgage on 401, Shoreline - Shahla
Starts from the last sale price (AED 1.8M, 10 April 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →