407, Shoreline - Shahla
Sold prices and rental history: sold 6 times, last in June 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Shoreline - Shahla
What is 407 worth today?
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Source: Dubai Land Department. Updated 21 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,997 sqft
- Floor
- 4th of 9
- Parking
- B2-62
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 36,200 /yr
- Last sold
- AED 3.65M · June 2024
- Building
- Shoreline - Shahla
About 407, Shoreline - Shahla
407 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 21 June 2024 for AED 3,650,000, or AED 1,828 per sqft, in line with the AED 1,777 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 25 April 2023, is AED 205,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 36,200 a year.
Sales and rents for 407 over time
407 has sold 6 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 407 sits
All 54 2-beds →407 last sold in June 2024 at AED 1,828 per sqft, in line with what two-beds in Shoreline - Shahla were fetching at the time (AED 1,777). 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. 407's AED 205,000 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 406 | 2-bed | 1,997 sqft | AED 4.05MAED 4,050,000 · Dec 2024December 2024 | 245,000 /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 |
407, Shoreline - Shahla in numbers
- Sold 6 times: first on 19 April 2009 for AED 1,025,000, last on 21 June 2024 for AED 3,650,000 (AED 1,828 per sqft).
- Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 175,000 to AED 110,000 in 2021 and recovered to AED 205,000 by April 2023.
- At AED 205,000 a year the gross yield on the 2024 price is 5.6%, 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 21 June 2024.
Questions about 407, Shoreline - Shahla
What did unit 407 last sell for?
AED 3,650,000 on 21 June 2024: AED 1,828 per sqft for 1,997 sqft. The unit has 6 registered sales; the first was AED 1,025,000 in April 2009.
What is the rent for unit 407?
AED 205,000 a year on the contract signed on 25 April 2023. The previous contract, from January 2022, was AED 140,000; the unit has been rented since March 2015.
How big is unit 407?
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 407 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 407, Shoreline - Shahla
Starts from the last sale price (AED 3.65M, 21 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,650,000
- Deposit, UAE resident (20%)
- AED 730,000
- Deposit, non-resident (40%)
- AED 1,460,000
- Monthly over 25 years at 3.7%
- AED 14,933
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →