1-bed · 1,145 sqftShoreline - Shahla, Palm Jumeirah · 4th floor · completed 2007

404, Shoreline - Shahla

Sold prices and rental history: sold twice, last in November 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 1.42M13 November 2017
Current rentAED 135K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Shoreline - Shahla

What is 404 worth today?

Last sold for AED 1,420,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Feb 2025RentedRenewal
AED 135,000/yr12 months · AED 118 per sqft
1 Feb 2025RentedRenewal
AED 135,000/yr12 months · AED 118 per sqft
1 Feb 2024RentedRenewal
AED 130,000/yr12 months · AED 114 per sqft
1 Feb 2023RentedNew contract
AED 130,000/yr12 months · AED 114 per sqft
15 Sep 2021RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
1 Jul 2020RentedNew contract
AED 74,000/yr12 months · AED 65 per sqft
25 May 2019RentedRenewal
AED 100,000/yr12 months · AED 88 per sqft
25 May 2018RentedNew contract
AED 105,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
4th of 9
Parking
B2-71
Developer
Nakheel
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 1.42M · November 2017

About 404, Shoreline - Shahla

404 is a one-bedroom apartment of 1,145 sqft on the 4th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 13 November 2017 for AED 1,420,000, or AED 1,240 per sqft.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 135,000 a year: a gross yield of 9.5% on the 2017 price, before the service charge of about AED 20,800 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Shoreline - Shahla
1M2M3M2009201420192024Typical sale price by year: 2009 AED 625,000; 2016 AED 1,810,000; 2017 AED 1,410,000; 2022 AED 1,437,500; 2023 AED 1,910,000; 2025 AED 2,650,000; 2026 AED 2,775,000Sold by developer, April 2009: AED 600,000 (AED 524 per sqft)Sold, November 2017: AED 1,420,000 (AED 1,240 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Shoreline - Shahla
100K2013201720212025Typical rent by year: 2013 AED 95,000; 2014 AED 105,750; 2015 AED 110,000; 2016 AED 115,000; 2017 AED 108,000; 2018 AED 97,500; 2019 AED 85,000; 2020 AED 74,000; 2021 AED 75,000; 2022 AED 88,000; 2023 AED 115,000; 2024 AED 125,000; 2025 AED 135,000; 2026 AED 125,010New contract, February 2016: AED 125,000 a yearNew contract, May 2017: AED 105,000 a yearNew contract, May 2018: AED 105,000 a yearRenewal, May 2019: AED 100,000 a yearNew contract, July 2020: AED 74,000 a yearNew contract, September 2021: AED 80,000 a yearNew contract, February 2023: AED 130,000 a yearRenewal, February 2024: AED 130,000 a yearRenewal, February 2025: AED 135,000 a yearRenewal, February 2025: AED 135,000 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 - Shahla, and where 404 sits

All 22 1-beds →

Over the last 12 months one-beds sold for AED 2,480,000 to 3,100,000, around AED 2,424 per sqft, and rent for AED 96,000 to 200,000 a year. 404's AED 135,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jul 20262,775,000
19 Jun 20262,480,000
21 Apr 20263,100,000
4 Nov 20252,750,000
3 1-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
4023-bedAED 3.2M · Apr 2009
4033-bedAED 1.75M · Jan 2021
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

404, Shoreline - Shahla in numbers

  • Sold twice: first on 19 April 2009 for AED 600,000, last on 13 November 2017 for AED 1,420,000 (AED 1,240 per sqft).
  • Rented since February 2016 on 10 Ejari contracts. The rent fell from AED 125,000 to AED 74,000 in 2020 and recovered to AED 135,000 by February 2025.
  • At AED 135,000 a year the gross yield on the 2017 price is 9.5%, before a service charge of about AED 20,800 a year (AED 18.13 per sqft).
  • One-beds in Shoreline - Shahla sold for AED 2,480,000–3,100,000 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 February 2025.

Questions about 404, Shoreline - Shahla

What did unit 404 last sell for?

AED 1,420,000 on 13 November 2017: AED 1,240 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 600,000 in April 2009.

What is the rent for unit 404?

AED 135,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2025, was AED 135,000; the unit has been rented since February 2016.

How big is unit 404?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shoreline - Shahla sold for AED 2,480,000 to 3,100,000 in the last 12 months, around AED 2,424 per sqft.

Selling 404? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 404, Shoreline - Shahla

Starts from the last sale price (AED 1.42M, 13 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,420,000
Deposit, UAE resident (20%)
AED 284,000
Deposit, non-resident (40%)
AED 568,000
Monthly over 25 years at 3.7%
AED 5,810

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