1-bed · 1,145 sqftShoreline - Shahla, Palm Jumeirah · 7th floor · completed 2007

704, Shoreline - Shahla

Sold prices and rental history: sold twice, last in June 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 29 September 2025
Last soldAED 1.4M24 June 2019
Current rentAED 121K /yr29 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Shoreline - Shahla

What is 704 worth today?

Last sold for AED 1,400,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

29 Sep 2025RentedRenewal
AED 120,750/yr12 months · AED 105 per sqft
29 Sep 2024RentedRenewal
AED 115,000/yr12 months · AED 100 per sqft
29 Sep 2024RentedNew contract
AED 120,750/yr12 months · AED 105 per sqft
29 Sep 2023RentedRenewal
AED 115,000/yr12 months · AED 100 per sqft
29 Sep 2022RentedNew contract
AED 115,000/yr12 months · AED 100 per sqft
15 Sep 2021RentedNew contract
AED 70,000/yr12 months · AED 61 per sqft
15 Aug 2020RentedNew contract
AED 70,000/yr13 months · AED 61 per sqft
27 Jun 2019RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 29 September 2025.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
7th of 9
Parking
B2-81
Developer
Nakheel
Completed
2007
Service charge
AED 20,800 /yr
Last sold
AED 1.4M · June 2019

About 704, Shoreline - Shahla

704 is a one-bedroom apartment of 1,145 sqft on the 7th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 24 June 2019 for AED 1,400,000, or AED 1,223 per sqft.

It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, renewed on 29 September 2025, is AED 120,750 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 20,800 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Shoreline - Shahla
1M2M3M2009201420192024Typical sale price by year: 2009 AED 625,000; 2016 AED 1,810,000; 2017 AED 1,410,000; 2022 AED 1,437,500; 2023 AED 1,910,000; 2025 AED 2,650,000; 2026 AED 2,775,000Sold by developer, April 2009: AED 625,000 (AED 546 per sqft)Sold, June 2019: AED 1,400,000 (AED 1,223 per sqft)

704 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 704, each contractTypical one-bed in Shoreline - Shahla
100K2013201720212025Typical rent by year: 2013 AED 95,000; 2014 AED 105,750; 2015 AED 110,000; 2016 AED 115,000; 2017 AED 108,000; 2018 AED 97,500; 2019 AED 85,000; 2020 AED 74,000; 2021 AED 75,000; 2022 AED 88,000; 2023 AED 115,000; 2024 AED 125,000; 2025 AED 135,000; 2026 AED 125,010New contract, July 2015: AED 110,000 a yearNew contract, July 2016: AED 110,000 a yearRenewal, July 2017: AED 107,684 a yearRenewal, October 2017: AED 126,000 a yearNew contract, May 2018: AED 100,000 a yearNew contract, June 2019: AED 80,000 a yearNew contract, August 2020: AED 70,000 a yearNew contract, September 2021: AED 70,000 a yearNew contract, September 2022: AED 115,000 a yearRenewal, September 2023: AED 115,000 a yearRenewal, September 2024: AED 115,000 a yearNew contract, September 2024: AED 120,750 a yearRenewal, September 2025: AED 120,750 a year

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 704 sits

All 22 1-beds →

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. 704's AED 120,750 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jul 20262,775,000
19 Jun 20262,480,000
21 Apr 20263,100,000
4 Nov 20252,750,000
3 1-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
7023-bedAED 1.18M · Apr 2009
7033-bedAED 1.8M · Jul 2009
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

704, Shoreline - Shahla in numbers

  • Sold twice: first on 20 April 2009 for AED 625,000, last on 24 June 2019 for AED 1,400,000 (AED 1,223 per sqft).
  • Rented since July 2015 on 13 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2021 and recovered to AED 120,750 by September 2025.
  • At AED 120,750 a year the gross yield on the 2019 price is 8.6%, 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 29 September 2025.

Questions about 704, Shoreline - Shahla

What did unit 704 last sell for?

AED 1,400,000 on 24 June 2019: AED 1,223 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 625,000 in April 2009.

What is the rent for unit 704?

AED 120,750 a year on the contract renewed on 29 September 2025. The previous contract, from September 2024, was AED 115,000; the unit has been rented since July 2015.

How big is unit 704?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 704 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.

Selling 704? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 704, Shoreline - Shahla

Starts from the last sale price (AED 1.4M, 24 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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