507, Shoreline - Shahla
Sold prices and rental history: sold once, by the developer in April 2009, and rented once, from October 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Shoreline - Shahla
What is 507 worth today?
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Source: Dubai Land Department. Updated 1 October 2012.
Key facts
- Type
- 2-bed apartment
- Size
- 1,994 sqft
- Floor
- 5th of 9
- Parking
- B2-42
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 36,100 /yr
- Last sold
- AED 1.03M · April 2009
- Building
- Shoreline - Shahla
About 507, Shoreline - Shahla
507 is a two-bedroom apartment of 1,994 sqft on the 5th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 19 April 2009 for AED 1,025,000, or AED 514 per sqft, in line with the AED 519 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2012. The current contract, signed on 1 October 2012, is AED 120,000 a year: a gross yield of 11.7% on the 2009 price, before the service charge of about AED 36,100 a year.
Sales and rents for 507 over time
507 has sold once; 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 507 sits
All 54 2-beds →507 last sold in April 2009 at AED 514 per sqft, in line with what two-beds in Shoreline - Shahla were fetching at the time (AED 519). 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. 507's AED 120,000 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 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 | |
| 502 | 3-bed | 2,218 sqft | AED 1.85MAED 1,850,000 · Mar 2019March 2019 | 185,000 /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 | |
| 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 |
507, Shoreline - Shahla in numbers
- Sold once: by Nakheel on 19 April 2009 for AED 1,025,000, or AED 514 per sqft.
- Rented since October 2012 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2009 price is 11.7%, before a service charge of about AED 36,100 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 1 October 2012.
Questions about 507, Shoreline - Shahla
What did unit 507 last sell for?
AED 1,025,000 on 19 April 2009, sold by the developer: AED 514 per sqft for 1,994 sqft. It is the only registered sale of the unit.
What is the rent for unit 507?
AED 120,000 a year on the contract signed on 1 October 2012.
How big is unit 507?
1,994 sqft (185.2 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.
What is unit 507 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 507, Shoreline - Shahla
Starts from the last sale price (AED 1.03M, 19 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,025,000
- Deposit, UAE resident (20%)
- AED 205,000
- Deposit, non-resident (40%)
- AED 410,000
- Monthly over 25 years at 3.7%
- AED 4,194
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →