2-bed · 1,551 sqftShoreline - Shahla, Palm Jumeirah · 7th floor · completed 2007

705, Shoreline - Shahla

Sold prices and rental history: sold twice, last in June 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 5 June 2026
Last soldAED 1.3M28 June 2010
Current rentAED 240K /yr5 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Shoreline - Shahla

What is 705 worth today?

Last sold for AED 1,300,000 in 2010

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5 Jun 2026RentedRenewal
AED 240,000/yr12 months · AED 155 per sqft
5 Jun 2025RentedNew contract
AED 220,000/yr12 months · AED 142 per sqft
27 Feb 2024RentedRenewal
AED 165,000/yr12 months · AED 106 per sqft
27 Feb 2023RentedRenewal
AED 144,000/yr12 months · AED 93 per sqft
27 Feb 2022RentedRenewal
AED 120,000/yr12 months · AED 77 per sqft
27 Feb 2021RentedRenewal
AED 117,000/yr12 months · AED 75 per sqft
27 Feb 2020RentedNew contract
AED 117,000/yr12 months · AED 75 per sqft
1 Feb 2019RentedNew contract
AED 135,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 5 June 2026.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
7th of 9
Parking
B1-73
Developer
Nakheel
Completed
2007
Service charge
AED 28,100 /yr
Last sold
AED 1.3M · June 2010

About 705, Shoreline - Shahla

705 is a two-bedroom apartment of 1,551 sqft on the 7th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 28 June 2010 for AED 1,300,000, or AED 838 per sqft, 13% below the AED 967 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 5 June 2026, is AED 240,000 a year: a gross yield of 18.5% on the 2010 price, before the service charge of about AED 28,100 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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 2,220,000 (AED 1,431 per sqft)Sold, June 2010: AED 1,300,000 (AED 838 per sqft)

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

Rents
Unit 705, each contractTypical two-bed in Shoreline - Shahla
100K200K2012201620202024Typical 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, January 2013: AED 145,000 a yearNew contract, January 2014: AED 170,000 a yearNew contract, January 2015: AED 185,000 a yearRenewal, January 2016: AED 185,000 a yearNew contract, February 2017: AED 165,000 a yearNew contract, January 2018: AED 150,000 a yearNew contract, February 2019: AED 135,000 a yearNew contract, February 2020: AED 117,000 a yearRenewal, February 2021: AED 117,000 a yearRenewal, February 2022: AED 120,000 a yearRenewal, February 2023: AED 144,000 a yearRenewal, February 2024: AED 165,000 a yearNew contract, June 2025: AED 220,000 a yearRenewal, June 2026: AED 240,000 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 705 sits

All 54 2-beds →

705 last sold in June 2010 at AED 838 per sqft, 13% below what two-beds in Shoreline - Shahla were fetching at the time (AED 967). 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. 705's AED 240,000 is in the upper 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
7012-bedAED 825K · Apr 2009
7023-bedAED 1.18M · Apr 2009
7033-bedAED 1.8M · Jul 2009
7041-bedAED 1.4M · Jun 2019
7062-bedAED 3.44M · Sep 2023
7072-bedAED 1.05M · Apr 2009
7082-bedAED 2.2M · Apr 2009
1–7 of 11

705, Shoreline - Shahla in numbers

  • Sold twice: first on 16 April 2009 for AED 2,220,000, last on 28 June 2010 for AED 1,300,000 (AED 838 per sqft).
  • Rented since January 2013 on 14 Ejari contracts. The rent fell from AED 145,000 to AED 117,000 in 2021 and recovered to AED 240,000 by June 2026.
  • At AED 240,000 a year the gross yield on the 2010 price is 18.5%, 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 5 June 2026.

Questions about 705, Shoreline - Shahla

What did unit 705 last sell for?

AED 1,300,000 on 28 June 2010: AED 838 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 2,220,000 in April 2009.

What is the rent for unit 705?

AED 240,000 a year on the contract renewed on 5 June 2026. The previous contract, from June 2025, was AED 220,000; the unit has been rented since January 2013.

How big is unit 705?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 705 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 705, Shoreline - Shahla

Starts from the last sale price (AED 1.3M, 28 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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