408, Shoreline - Shahla
Sold prices and rental history: sold 3 times, last in August 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Shoreline - Shahla
What is 408 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 27 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 4th of 9
- Parking
- B2-61
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 28,100 /yr
- Last sold
- AED 3.8M · August 2025
- Building
- Shoreline - Shahla
About 408, Shoreline - Shahla
408 is a two-bedroom apartment of 1,551 sqft on the 4th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 27 August 2025 for AED 3,800,000, or AED 2,450 per sqft, 16% above the AED 2,120 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 7 August 2025, is AED 171,074 a year: a gross yield of 4.5% on the 2025 price, before the service charge of about AED 28,100 a year.
Sales and rents for 408 over time
408 has sold 3 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 408 sits
All 54 2-beds →408 last sold in August 2025 at AED 2,450 per sqft, 16% above what two-beds in Shoreline - Shahla were fetching at the time (AED 2,120). 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. 408's AED 171,074 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 | |
| 407 | 2-bed | 1,997 sqft | AED 3.65MAED 3,650,000 · Jun 2024June 2024 | 205,000 /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 |
408, Shoreline - Shahla in numbers
- Sold 3 times: first on 19 April 2009 for AED 790,000, last on 27 August 2025 for AED 3,800,000 (AED 2,450 per sqft).
- Rented since August 2021 on 5 Ejari contracts, from AED 103,000 to AED 171,074 a year.
- At AED 171,074 a year the gross yield on the 2025 price is 4.5%, before a service charge of about AED 28,100 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 27 August 2025.
Questions about 408, Shoreline - Shahla
What did unit 408 last sell for?
AED 3,800,000 on 27 August 2025: AED 2,450 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 790,000 in April 2009.
What is the rent for unit 408?
AED 171,074 a year on the contract renewed on 7 August 2025. The previous contract, from August 2024, was AED 168,000; the unit has been rented since August 2021.
How big is unit 408?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.
What is unit 408 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.
Selling 408? 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.
Mortgage on 408, Shoreline - Shahla
Starts from the last sale price (AED 3.8M, 27 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 3,800,000
- Deposit, UAE resident (20%)
- AED 760,000
- Deposit, non-resident (40%)
- AED 1,520,000
- Monthly over 25 years at 3.7%
- AED 15,547
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →