3-bed · 2,187 sqftShoreline - Shahla, Palm Jumeirah · 7th floor · completed 2007

702, 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.

Unit 702 · DLD and Ejari recordsUpdated 25 May 2026
Last soldAED 1.18M21 April 2009
Current rentAED 230K /yr25 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Shoreline - Shahla

What is 702 worth today?

Last sold for AED 1,175,000 in 2009

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25 May 2026RentedNew contract
AED 230,000/yr12 months · AED 105 per sqft
15 Nov 2023RentedNew contract
AED 185,000/yr12 months · AED 85 per sqft
15 Nov 2021RentedNew contract
AED 175,000/yr12 months · AED 80 per sqft
21 Dec 2020RentedRenewal
AED 148,000/yr12 months · AED 68 per sqft
21 Dec 2019RentedNew contract
AED 165,000/yr12 months · AED 76 per sqft
21 May 2018RentedRenewal
AED 170,000/yr19 months · AED 78 per sqft
21 May 2017RentedRenewal
AED 175,000/yr12 months · AED 80 per sqft
21 May 2016RentedRenewal
AED 180,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 25 May 2026.

Key facts

Type
3-bed apartment
Size
2,187 sqft
Floor
7th of 9
Parking
B2-79,B2-80
Developer
Nakheel
Completed
2007
Service charge
AED 39,600 /yr
Last sold
AED 1.18M · April 2009

About 702, Shoreline - Shahla

702 is a three-bedroom apartment of 2,187 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 21 April 2009 for AED 1,175,000, or AED 537 per sqft, in line with the AED 537 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 25 May 2026, is AED 230,000 a year: a gross yield of 19.6% on the 2009 price, before the service charge of about AED 39,600 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Shoreline - Shahla
2M4M2009201420192024Typical sale price by year: 2009 AED 1,175,000; 2011 AED 1,740,000; 2012 AED 1,675,000; 2015 AED 2,650,000; 2016 AED 2,847,500; 2021 AED 1,750,000; 2022 AED 2,535,000; 2023 AED 3,675,000; 2025 AED 4,875,000; 2026 AED 4,775,000Sold by developer, April 2009: AED 1,175,000 (AED 537 per sqft)

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

Rents
Unit 702, each contractTypical three-bed in Shoreline - Shahla
200K2012201620202024Typical rent by year: 2012 AED 145,000; 2013 AED 170,000; 2014 AED 190,000; 2015 AED 190,344; 2016 AED 185,000; 2017 AED 175,000; 2018 AED 160,000; 2019 AED 142,500; 2020 AED 137,500; 2021 AED 135,000; 2022 AED 151,250; 2023 AED 173,938; 2024 AED 215,500; 2025 AED 260,000; 2026 AED 230,000New contract, April 2013: AED 155,000 a yearNew contract, April 2014: AED 220,000 a yearNew contract, May 2015: AED 185,000 a yearRenewal, May 2016: AED 180,000 a yearRenewal, May 2017: AED 175,000 a yearRenewal, May 2018: AED 170,000 a yearNew contract, December 2019: AED 165,000 a yearRenewal, December 2020: AED 148,000 a yearNew contract, November 2021: AED 175,000 a yearNew contract, November 2023: AED 185,000 a yearNew contract, May 2026: AED 230,000 a year

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 702 sits

All 40 3-beds →

702 last sold in April 2009 at AED 537 per sqft, in line with what three-beds in Shoreline - Shahla were fetching at the time (AED 537). 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. 702's AED 230,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Aug 20264,999,999
5 Jun 20264,800,000
5 Jun 20264,700,000
23 Apr 20264,750,000
6 3-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
7012-bedAED 825K · 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

702, Shoreline - Shahla in numbers

  • Sold once: by Nakheel on 21 April 2009 for AED 1,175,000, or AED 537 per sqft.
  • Rented since April 2013 on 11 Ejari contracts, from AED 155,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2009 price is 19.6%, before a service charge of about AED 39,600 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 25 May 2026.

Questions about 702, Shoreline - Shahla

What did unit 702 last sell for?

AED 1,175,000 on 21 April 2009, sold by the developer: AED 537 per sqft for 2,187 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 230,000 a year on the contract signed on 25 May 2026. The previous contract, from November 2023, was AED 185,000; the unit has been rented since April 2013.

How big is unit 702?

2,187 sqft (203.2 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 702 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 702, Shoreline - Shahla

Starts from the last sale price (AED 1.18M, 21 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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