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

409, Shoreline - Shahla

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 30 August 2026
Last soldAED 600K21 April 2009
Current rentAED 113K /yr30 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Shoreline - Shahla

What is 409 worth today?

Last sold for AED 600,000 in 2009

Unlock today's estimate, updated daily, with

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

30 Aug 2026RentedNew contract
AED 112,500/yr12 months · AED 99 per sqft
2 Apr 2026RentedNew contract
AED 150,000/yr6 months · AED 131 per sqft
10 Nov 2025RentedNew contract
AED 140,000/yr12 months · AED 123 per sqft
14 Nov 2021RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft
13 Oct 2020RentedNew contract
AED 65,000/yr12 months · AED 57 per sqft
20 Sep 2019RentedRenewal
AED 85,000/yr12 months · AED 74 per sqft
20 Sep 2018RentedNew contract
AED 90,000/yr12 months · AED 79 per sqft
6 Jan 2017RentedRenewal
AED 115,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 30 August 2026.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
4th of 9
Parking
B2-60
Developer
Nakheel
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 600K · April 2009

About 409, Shoreline - Shahla

409 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. The developer sold it on 21 April 2009 for AED 600,000, or AED 524 per sqft, 4% below the AED 546 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 30 August 2026, is AED 112,500 a year: a gross yield of 18.8% on the 2009 price, before the service charge of about AED 20,800 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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)

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

Rents
Unit 409, each contractTypical one-bed in Shoreline - Shahla
50K100K150K2013201720212025Typical 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, November 2013: AED 110,000 a yearNew contract, January 2015: AED 125,000 a yearNew contract, January 2016: AED 118,000 a yearRenewal, January 2017: AED 115,000 a yearNew contract, September 2018: AED 90,000 a yearRenewal, September 2019: AED 85,000 a yearNew contract, October 2020: AED 65,000 a yearNew contract, November 2021: AED 85,000 a yearNew contract, November 2025: AED 140,000 a yearNew contract, April 2026: AED 150,000 a yearNew contract, August 2026: AED 112,500 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 409 sits

All 22 1-beds →

409 last sold in April 2009 at AED 524 per sqft, 4% below what one-beds in Shoreline - Shahla were fetching at the time (AED 546). 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. 409's AED 112,500 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
4041-bedAED 1.42M · Nov 2017
4052-bedAED 900K · Feb 2022
4062-bedAED 4.05M · Dec 2024
4072-bedAED 3.65M · Jun 2024
1–7 of 11

409, Shoreline - Shahla in numbers

  • Sold once: by Nakheel on 21 April 2009 for AED 600,000, or AED 524 per sqft.
  • Rented since November 2013 on 11 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2020 and recovered to AED 112,500 by August 2026.
  • At AED 112,500 a year the gross yield on the 2009 price is 18.8%, 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 30 August 2026.

Questions about 409, Shoreline - Shahla

What did unit 409 last sell for?

AED 600,000 on 21 April 2009, sold by the developer: AED 524 per sqft for 1,145 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 112,500 a year on the contract signed on 30 August 2026. The previous contract, from April 2026, was AED 150,000; the unit has been rented since November 2013.

How big is unit 409?

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 409 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 409? 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 409, Shoreline - Shahla

Starts from the last sale price (AED 600K, 21 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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