2-bed · 1,589 sqftShoreline - Shahla, Palm Jumeirah · 9th floor · completed 2007

912, Shoreline - Shahla

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 912 · DLD and Ejari recordsUpdated 16 November 2023
Last soldAED 2.75M16 November 2023
Current rentAED 137K /yr3 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 912, Shoreline - Shahla

What is 912 worth today?

Last sold for AED 2,750,000 in 2023

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16 Nov 2023SoldReady
AED 2,750,000AED 1,730 per sqft
3 Oct 2023RentedRenewal
AED 136,850/yr12 months · AED 86 per sqft
3 Oct 2022RentedRenewal
AED 119,001/yr12 months · AED 75 per sqft
3 Oct 2021RentedRenewal
AED 103,500/yr12 months · AED 65 per sqft
3 Oct 2020RentedNew contract
AED 90,000/yr12 months · AED 56 per sqft
15 Jul 2019RentedNew contract
AED 105,000/yr12 months · AED 66 per sqft
18 Jun 2018RentedRenewal
AED 139,000/yr12 months · AED 87 per sqft
18 Jun 2017RentedNew contract
AED 139,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 16 November 2023.

Key facts

Type
2-bed apartment
Size
1,589 sqft
Floor
9th of 9
Parking
B2-143
Developer
Nakheel
Completed
2007
Service charge
AED 28,800 /yr
Last sold
AED 2.75M · November 2023

About 912, Shoreline - Shahla

912 is a two-bedroom apartment of 1,589 sqft on the 9th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 16 November 2023 for AED 2,750,000, or AED 1,730 per sqft, in line with the AED 1,717 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 3 October 2023, is AED 136,850 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 28,800 a year.

Sales and rents for 912 over time

Sales
Unit 912, 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 2010: AED 3,350,000 (AED 2,108 per sqft)Sold, November 2023: AED 2,750,000 (AED 1,730 per sqft)

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

Rents
Unit 912, 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, March 2014: AED 145,000 a yearNew contract, March 2015: AED 155,000 a yearRenewal, March 2016: AED 155,000 a yearNew contract, June 2017: AED 139,000 a yearRenewal, June 2018: AED 139,000 a yearNew contract, July 2019: AED 105,000 a yearNew contract, October 2020: AED 90,000 a yearRenewal, October 2021: AED 103,500 a yearRenewal, October 2022: AED 119,001 a yearRenewal, October 2023: AED 136,850 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 912 sits

All 54 2-beds →

912 last sold in November 2023 at AED 1,730 per sqft, in line with what two-beds in Shoreline - Shahla were fetching at the time (AED 1,717). 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. 912's AED 136,850 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 9th floor

All 108 units in Shoreline - Shahla
Value
9012-bedAED 2.83M · Feb 2024
9023-bedAED 1.18M · Apr 2009
9033-bedAED 4.3M · Oct 2024
9041-bedAED 625K · Apr 2009
9052-bedAED 3.4M · Apr 2024
9062-bedAED 2.35M · Jul 2013
9072-bedAED 2.1M · Aug 2021
1–7 of 11

912, Shoreline - Shahla in numbers

  • Sold twice: first on 20 April 2010 for AED 3,350,000, last on 16 November 2023 for AED 2,750,000 (AED 1,730 per sqft).
  • Rented since March 2013 on 11 Ejari contracts, from AED 13,000 to AED 136,850 a year.
  • At AED 136,850 a year the gross yield on the 2023 price is 5.0%, 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 16 November 2023.

Questions about 912, Shoreline - Shahla

What did unit 912 last sell for?

AED 2,750,000 on 16 November 2023: AED 1,730 per sqft for 1,589 sqft. The unit has 2 registered sales; the first was AED 3,350,000 in April 2010.

What is the rent for unit 912?

AED 136,850 a year on the contract renewed on 3 October 2023. The previous contract, from October 2022, was AED 119,001; the unit has been rented since March 2013.

How big is unit 912?

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

What is unit 912 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 912, Shoreline - Shahla

Starts from the last sale price (AED 2.75M, 16 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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