2-bed · 1,551 sqftShoreline - Shahla, Palm Jumeirah · 6th floor · completed 2007

605, Shoreline - Shahla

Sold prices and rental history: sold 3 times, last in July 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 4 July 2019
Last soldAED 1.5M4 July 2019
Current rentAED 125K /yr27 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Shoreline - Shahla

What is 605 worth today?

Last sold for AED 1,500,000 in 2019

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4 Jul 2019SoldReady
AED 1,500,000AED 967 per sqft
27 Oct 2018RentedRenewal
AED 125,000/yr12 months · AED 81 per sqft
27 Oct 2017RentedNew contract
AED 125,000/yr12 months · AED 81 per sqft
24 Jun 2016RentedNew contract
AED 155,000/yr12 months · AED 100 per sqft
25 Feb 2014RentedRenewal
AED 180,000/yr12 months · AED 116 per sqft
25 Feb 2013RentedNew contract
AED 135,000/yr12 months · AED 87 per sqft
12 Jul 2009SoldReady
AED 1,500,000AED 967 per sqft
22 Jun 2009Sold by developerReady
AED 815,000AED 525 per sqft

Source: Dubai Land Department. Updated 4 July 2019.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
6th of 9
Parking
B2-155
Developer
Nakheel
Completed
2007
Service charge
AED 28,100 /yr
Last sold
AED 1.5M · July 2019

About 605, Shoreline - Shahla

605 is a two-bedroom apartment of 1,551 sqft on the 6th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 4 July 2019 for AED 1,500,000, or AED 967 per sqft, 13% above the AED 859 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 27 October 2018, is AED 125,000 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 28,100 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical two-bed in Shoreline - Shahla
2M4M2009201420192024Typical sale price by year: 2009 AED 1,025,000; 2010 AED 2,085,000; 2011 AED 1,268,125; 2012 AED 1,650,000; 2013 AED 2,225,000; 2014 AED 2,750,000; 2015 AED 1,971,250; 2016 AED 2,012,500; 2018 AED 1,514,153; 2019 AED 1,420,000; 2021 AED 1,900,000; 2022 AED 2,290,000; 2023 AED 2,900,000; 2024 AED 3,350,000; 2025 AED 3,800,000; 2026 AED 3,802,500Sold by developer, June 2009: AED 815,000 (AED 525 per sqft)Sold, July 2009: AED 1,500,000 (AED 967 per sqft)Sold, July 2019: AED 1,500,000 (AED 967 per sqft)

605 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 605, each contractTypical two-bed in Shoreline - Shahla
100K150K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 132,500; 2014 AED 158,200; 2015 AED 157,850; 2016 AED 155,000; 2017 AED 140,000; 2018 AED 135,000; 2019 AED 117,000; 2020 AED 100,000; 2021 AED 105,000; 2022 AED 123,000; 2023 AED 144,500; 2024 AED 168,000; 2025 AED 200,000; 2026 AED 184,000New contract, February 2013: AED 135,000 a yearRenewal, February 2014: AED 180,000 a yearNew contract, June 2016: AED 155,000 a yearNew contract, October 2017: AED 125,000 a yearRenewal, October 2018: AED 125,000 a year

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 605 sits

All 54 2-beds →

605 last sold in July 2019 at AED 967 per sqft, 13% above what two-beds in Shoreline - Shahla were fetching at the time (AED 859). 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. 605's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20264,175,000
11 Aug 20263,480,000
8 Apr 20264,055,000
26 Feb 20263,550,000
4 2-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 6th floor

All 108 units in Shoreline - Shahla
Value
6012-bedAED 2.8M · Jan 2012
6023-bedAED 1.65M · Sep 2009
6033-bedAED 1.8M · Jul 2010
6041-bedAED 1.9M · Mar 2025
6062-bedAED 1.05M · Apr 2009
6072-bedAED 1.9M · May 2021
6082-bedAED 815K · Apr 2009
1–7 of 11

605, Shoreline - Shahla in numbers

  • Sold 3 times: first on 22 June 2009 for AED 815,000, last on 4 July 2019 for AED 1,500,000 (AED 967 per sqft).
  • Rented since February 2013 on 5 Ejari contracts, from AED 135,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2019 price is 8.3%, 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 4 July 2019.

Questions about 605, Shoreline - Shahla

What did unit 605 last sell for?

AED 1,500,000 on 4 July 2019: AED 967 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 815,000 in June 2009.

What is the rent for unit 605?

AED 125,000 a year on the contract renewed on 27 October 2018. The previous contract, from October 2017, was AED 125,000; the unit has been rented since February 2013.

How big is unit 605?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2007.

What is unit 605 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 605, Shoreline - Shahla

Starts from the last sale price (AED 1.5M, 4 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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