509, 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.
Property timeline for 509, Shoreline - Shahla
What is 509 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,145 sqft
- Floor
- 5th of 9
- Parking
- B2-103
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 20,800 /yr
- Last sold
- AED 600K · April 2009
- Building
- Shoreline - Shahla
About 509, Shoreline - Shahla
509 is a one-bedroom apartment of 1,145 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 20 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 12 Ejari contracts. The current contract, signed on 1 August 2026, is AED 105,000 a year: a gross yield of 17.5% on the 2009 price, before the service charge of about AED 20,800 a year.
Sales and rents for 509 over time
509 has sold once; the dashed line is the one-bed median of each year in the building.
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 509 sits
All 22 1-beds →509 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. 509's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202623 July 2026 | 1,145 sqft | 2,775,000 | 2,424 | ||
| 19 Jun 202619 June 2026 | 1,145 sqft | 2,480,000 | 2,166 | ||
| 21 Apr 202621 April 2026 | 1,145 sqft | 3,100,000 | 2,708 | ||
| 4 Nov 20254 November 2025 | 1,145 sqft | 2,750,000 | 2,402 |
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 | |
| 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 | |
| 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 |
509, Shoreline - Shahla in numbers
- Sold once: by Nakheel on 20 April 2009 for AED 600,000, or AED 524 per sqft.
- Rented since August 2013 on 12 Ejari contracts, from AED 79,500 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2009 price is 17.5%, 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 1 August 2026.
Questions about 509, Shoreline - Shahla
What did unit 509 last sell for?
AED 600,000 on 20 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 509?
AED 105,000 a year on the contract signed on 1 August 2026. The previous contract, from May 2024, was AED 80,850; the unit has been rented since August 2013.
How big is unit 509?
1,145 sqft (106.4 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2007.
What is unit 509 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.
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Mortgage on 509, Shoreline - Shahla
Starts from the last sale price (AED 600K, 20 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 →