3-bed · 2,218 sqftShoreline - Shahla, Palm Jumeirah · 4th floor · completed 2007

402, Shoreline - Shahla

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

Unit 402 · DLD and Ejari recordsUpdated 16 April 2009
Last soldAED 3.2M16 April 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Shoreline - Shahla

What is 402 worth today?

Last sold for AED 3,200,000 in 2009

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16 Apr 2009Sold by developerReady
AED 3,200,000AED 1,442 per sqft

Source: Dubai Land Department. Updated 16 April 2009.

Key facts

Type
3-bed apartment
Size
2,218 sqft
Floor
4th of 9
Parking
B2-67,B2-68
Developer
Nakheel
Completed
2007
Service charge
AED 40,200 /yr
Last sold
AED 3.2M · April 2009

About 402, Shoreline - Shahla

402 is a three-bedroom apartment of 2,218 sqft on the 4th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 16 April 2009 for AED 3,200,000, or AED 1,442 per sqft, 95% above the AED 741 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Shoreline - Shahla
2M4M2009201420192024Typical sale price by year: 2009 AED 1,175,000; 2011 AED 1,740,000; 2012 AED 1,675,000; 2015 AED 2,650,000; 2016 AED 2,847,500; 2021 AED 1,750,000; 2022 AED 2,535,000; 2023 AED 3,675,000; 2025 AED 4,875,000; 2026 AED 4,775,000Sold by developer, April 2009: AED 3,200,000 (AED 1,442 per sqft)

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

Rents
Unit 402, each contractTypical three-bed in Shoreline - Shahla
200K2012201620202024Typical rent by year: 2012 AED 145,000; 2013 AED 170,000; 2014 AED 190,000; 2015 AED 190,344; 2016 AED 185,000; 2017 AED 175,000; 2018 AED 160,000; 2019 AED 142,500; 2020 AED 137,500; 2021 AED 135,000; 2022 AED 151,250; 2023 AED 173,938; 2024 AED 215,500; 2025 AED 260,000; 2026 AED 230,000

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

3-beds in Shoreline - Shahla, and where 402 sits

All 40 3-beds →

402 last sold in April 2009 at AED 1,442 per sqft, 95% above what three-beds in Shoreline - Shahla were fetching at the time (AED 741). Over the last 12 months three-beds sold for AED 4,410,076 to 5,000,000, around AED 2,189 per sqft, and rent for AED 190,000 to 320,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Aug 20264,999,999
5 Jun 20264,800,000
5 Jun 20264,700,000
23 Apr 20264,750,000
6 3-bed sales in the last 12 months

Shoreline - Shahla

Building

108 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%
Shoreline - Shahla, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 108 units in Shoreline - Shahla
Value
4012-bedAED 1.8M · Apr 2013
4033-bedAED 1.75M · Jan 2021
4041-bedAED 1.42M · Nov 2017
4052-bedAED 900K · Feb 2022
4062-bedAED 4.05M · Dec 2024
4072-bedAED 3.65M · Jun 2024
4082-bedAED 3.8M · Aug 2025
1–7 of 11

402, Shoreline - Shahla in numbers

  • Sold once: by Nakheel on 16 April 2009 for AED 3,200,000, or AED 1,442 per sqft.
  • Three-beds in Shoreline - Shahla sold for AED 4,410,076–5,000,000 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 16 April 2009.

Questions about 402, Shoreline - Shahla

What did unit 402 last sell for?

AED 3,200,000 on 16 April 2009, sold by the developer: AED 1,442 per sqft for 2,218 sqft. It is the only registered sale of the unit.

How big is unit 402?

2,218 sqft (206.1 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Shahla sold for AED 4,410,076 to 5,000,000 in the last 12 months, around AED 2,189 per sqft.

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Mortgage on 402, Shoreline - Shahla

Starts from the last sale price (AED 3.2M, 16 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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