502, Shoreline - Shahla
Sold prices and rental history: sold twice, last in March 2019, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Shoreline - Shahla
What is 502 worth today?
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Source: Dubai Land Department. Updated 31 March 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 2,218 sqft
- Floor
- 5th of 9
- Parking
- B2-50,B2-51
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 40,200 /yr
- Last sold
- AED 1.85M · March 2019
- Building
- Shoreline - Shahla
About 502, Shoreline - Shahla
502 is a three-bedroom apartment of 2,218 sqft on the 5th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 31 March 2019 for AED 1,850,000, or AED 834 per sqft, 7% below the AED 900 three-beds in the building were fetching at the time.
It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 15 September 2017, is AED 185,000 a year: a gross yield of 10.0% on the 2019 price, before the service charge of about AED 40,200 a year.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Shoreline - Shahla, and where 502 sits
All 40 3-beds →502 last sold in March 2019 at AED 834 per sqft, 7% below what three-beds in Shoreline - Shahla were fetching at the time (AED 900). Over the last 12 months three-beds sold for AED 4,410,076 to 5,000,000, around AED 2,189 per sqft, and rent for AED 190,000 to 320,000 a year. 502's AED 185,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 2,187 sqft | 4,999,999 | 2,286 | ||
| 5 Jun 20265 June 2026 | 2,142 sqft | 4,800,000 | 2,241 | ||
| 5 Jun 20265 June 2026 | 2,241 sqft | 4,700,000 | 2,096 | ||
| 23 Apr 202623 April 2026 | 2,223 sqft | 4,750,000 | 2,137 |
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 5th floor
All 108 units in Shoreline - Shahla| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,589 sqft | AED 1.8MAED 1,800,000 · Nov 2009November 2009 | 120,000 /yr | |
| 503 | 3-bed | 2,157 sqft | AED 3.3MAED 3,300,000 · May 2023May 2023 | 159,500 /yr | |
| 504 | 1-bed | 1,145 sqft | AED 1.65MAED 1,650,000 · May 2022May 2022 | 125,000 /yr | |
| 505 | 2-bed | 1,551 sqft | AED 1.25MAED 1,250,000 · Jun 2020June 2020 | 110,000 /yr | |
| 506 | 2-bed | 2,019 sqft | AED 2.3MAED 2,300,000 · May 2022May 2022 | 121,000 /yr | |
| 507 | 2-bed | 1,994 sqft | AED 1.03MAED 1,025,000 · Apr 2009April 2009 | 120,000 /yr | |
| 508 | 2-bed | 1,551 sqft | AED 1.55MAED 1,550,000 · Feb 2021February 2021 | 88,000 /yr | |
| 509 | 1-bed | 1,145 sqft | AED 600KAED 600,000 · Apr 2009April 2009 | 105,000 /yr | |
| 510 | 3-bed | 2,157 sqft | AED 5MAED 5,000,000 · Nov 2025November 2025 | 211,000 /yr | |
| 511 | 3-bed | 2,218 sqft | AED 3.68MAED 3,675,000 · Aug 2023August 2023 | 187,040 /yr | |
| 512 | 2-bed | 1,589 sqft | AED 4.06MAED 4,055,000 · Apr 2026April 2026 | 150,631 /yr |
502, Shoreline - Shahla in numbers
- Sold twice: first on 19 June 2014 for AED 1,887,500, last on 31 March 2019 for AED 1,850,000 (AED 834 per sqft).
- Rented since September 2016 on 2 Ejari contracts, at AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2019 price is 10.0%, before a service charge of about AED 40,200 a year (AED 18.13 per sqft).
- Three-beds in Shoreline - Shahla sold for AED 4,410,076–5,000,000 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 31 March 2019.
Questions about 502, Shoreline - Shahla
What did unit 502 last sell for?
AED 1,850,000 on 31 March 2019: AED 834 per sqft for 2,218 sqft. The unit has 2 registered sales; the first was AED 1,887,500 in June 2014.
What is the rent for unit 502?
AED 185,000 a year on the contract renewed on 15 September 2017. The previous contract, from September 2016, was AED 185,000.
How big is unit 502?
2,218 sqft (206.1 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Shahla sold for AED 4,410,076 to 5,000,000 in the last 12 months, around AED 2,189 per sqft.
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Mortgage on 502, Shoreline - Shahla
Starts from the last sale price (AED 1.85M, 31 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →