406, Shoreline - Shahla
Sold prices and rental history: sold 4 times, last in December 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Shoreline - Shahla
What is 406 worth today?
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Source: Dubai Land Department. Updated 25 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,997 sqft
- Floor
- 4th of 9
- Parking
- B2-63
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 36,200 /yr
- Last sold
- AED 4.05M · December 2024
- Building
- Shoreline - Shahla
About 406, Shoreline - Shahla
406 is a two-bedroom apartment of 1,997 sqft on the 4th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 26 December 2024 for AED 4,050,000, or AED 2,028 per sqft, in line with the AED 2,028 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 25 January 2025, is AED 245,000 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 36,200 a year.
Sales and rents for 406 over time
406 has sold 4 times; 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 406 sits
All 54 2-beds →406 last sold in December 2024 at AED 2,028 per sqft, in line with what two-beds in Shoreline - Shahla were fetching at the time (AED 2,028). 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. 406's AED 245,000 is in the upper 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 | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,586 sqft | AED 1.8MAED 1,800,000 · Apr 2013April 2013 | 144,000 /yr | |
| 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 | |
| 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 |
406, Shoreline - Shahla in numbers
- Sold 4 times: first on 16 April 2009 for AED 1,025,000, last on 26 December 2024 for AED 4,050,000 (AED 2,028 per sqft).
- Rented since January 2025 on 2 Ejari contracts, at AED 245,000 a year.
- At AED 245,000 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 36,200 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 25 January 2025.
Questions about 406, Shoreline - Shahla
What did unit 406 last sell for?
AED 4,050,000 on 26 December 2024: AED 2,028 per sqft for 1,997 sqft. The unit has 4 registered sales; the first was AED 1,025,000 in April 2009.
What is the rent for unit 406?
AED 245,000 a year on the contract signed on 25 January 2025. The previous contract, from January 2025, was AED 245,000.
How big is unit 406?
1,997 sqft (185.5 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.
What is unit 406 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 406, Shoreline - Shahla
Starts from the last sale price (AED 4.05M, 26 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,050,000
- Deposit, UAE resident (20%)
- AED 810,000
- Deposit, non-resident (40%)
- AED 1,620,000
- Monthly over 25 years at 3.7%
- AED 16,570
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →