2-bed · 1,589 sqftShoreline - Shahla, Palm Jumeirah · 7th floor · completed 2007

701, Shoreline - Shahla

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 825K20 April 2009
Current rentAED 150K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Shoreline - Shahla

What is 701 worth today?

Last sold for AED 825,000 in 2009

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1 Jul 2026RentedRenewal
AED 150,000/yr12 months · AED 95 per sqft
1 Jul 2026RentedRenewal
AED 132,000/yr12 months · AED 83 per sqft
1 Jul 2025RentedRenewal
AED 150,000/yr12 months · AED 95 per sqft
1 Jul 2025RentedRenewal
AED 150,000/yr12 months · AED 95 per sqft
1 Jul 2025RentedRenewal
AED 132,000/yr12 months · AED 83 per sqft
1 Jul 2025RentedRenewal
AED 132,000/yr12 months · AED 83 per sqft
1 Jul 2024RentedRenewal
AED 150,000/yr12 months · AED 95 per sqft
1 Jul 2023RentedRenewal
AED 132,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
1,589 sqft
Floor
7th of 9
Parking
B2-82
Developer
Nakheel
Completed
2007
Service charge
AED 28,800 /yr
Last sold
AED 825K · April 2009

About 701, Shoreline - Shahla

701 is a two-bedroom apartment of 1,589 sqft on the 7th 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 825,000, or AED 519 per sqft, in line with the AED 519 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 16 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 150,000 a year: a gross yield of 18.2% on the 2009 price, before the service charge of about AED 28,800 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, April 2009: AED 825,000 (AED 519 per sqft)

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

Rents
Unit 701, 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, June 2014: AED 150,000 a yearRenewal, June 2015: AED 145,000 a yearNew contract, July 2016: AED 138,000 a yearRenewal, July 2017: AED 138,000 a yearRenewal, July 2018: AED 138,000 a yearRenewal, July 2019: AED 138,000 a yearRenewal, July 2021: AED 100,000 a yearRenewal, July 2022: AED 120,000 a yearRenewal, July 2023: AED 132,000 a yearRenewal, July 2024: AED 150,000 a yearRenewal, July 2025: AED 150,000 a yearRenewal, July 2025: AED 150,000 a yearRenewal, July 2025: AED 132,000 a yearRenewal, July 2025: AED 132,000 a yearRenewal, July 2026: AED 150,000 a yearRenewal, July 2026: AED 132,000 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 701 sits

All 54 2-beds →

701 last sold in April 2009 at AED 519 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. 701's AED 150,000 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 7th floor

All 108 units in Shoreline - Shahla
Value
7023-bedAED 1.18M · Apr 2009
7033-bedAED 1.8M · Jul 2009
7041-bedAED 1.4M · Jun 2019
7052-bedAED 1.3M · Jun 2010
7062-bedAED 3.44M · Sep 2023
7072-bedAED 1.05M · Apr 2009
7082-bedAED 2.2M · Apr 2009
1–7 of 11

701, Shoreline - Shahla in numbers

  • Sold once: by Nakheel on 20 April 2009 for AED 825,000, or AED 519 per sqft.
  • Rented since June 2014 on 16 Ejari contracts. The rent fell from AED 150,000 to AED 100,000 in 2021 and recovered to AED 150,000 by July 2026.
  • At AED 150,000 a year the gross yield on the 2009 price is 18.2%, before a service charge of about AED 28,800 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 July 2026.

Questions about 701, Shoreline - Shahla

What did unit 701 last sell for?

AED 825,000 on 20 April 2009, sold by the developer: AED 519 per sqft for 1,589 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 150,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2026, was AED 132,000; the unit has been rented since June 2014.

How big is unit 701?

1,589 sqft (147.6 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 701 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 701, Shoreline - Shahla

Starts from the last sale price (AED 825K, 20 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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