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1-bed · 1,145 sqftShoreline - Sultana, Palm Jumeirah · 2nd floor · completed 2007

204, Shoreline - Sultana

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

Unit 204 · DLD and Ejari recordsUpdated 17 August 2020
Last soldAED 660K3 May 2009
Current rentAED 85K /yr17 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Shoreline - Sultana

What is 204 worth today?

Last sold for AED 660,000 in 2009

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17 Aug 2020RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft
20 Sep 2018RentedRenewal
AED 130,000/yr12 months · AED 114 per sqft
20 Sep 2017RentedNew contract
AED 130,000/yr12 months · AED 114 per sqft
11 Jun 2016RentedRenewal
AED 145,000/yr12 months · AED 127 per sqft
11 Jun 2015RentedNew contract
AED 143,800/yr12 months · AED 126 per sqft
11 Jan 2015RentedNew contract
AED 142,293/yr5 months · AED 125 per sqft
10 Jun 2014RentedNew contract
AED 144,363/yr7 months · AED 127 per sqft
3 May 2009Sold by developerReady
AED 660,000AED 576 per sqft

Source: Dubai Land Department. Updated 17 August 2020.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
2nd of 8
Parking
1B2-20
Developer
Nakheel
Completed
2007
Service charge
AED 16,500 /yr
Last sold
AED 660K · May 2009
Building
Shoreline - Sultana

About 204, Shoreline - Sultana

204 is a one-bedroom apartment of 1,145 sqft on the 2nd floor of Shoreline - Sultana, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 3 May 2009 for AED 660,000, or AED 576 per sqft, 4% below the AED 598 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 17 August 2020, is AED 85,000 a year: a gross yield of 12.9% on the 2009 price, before the service charge of about AED 16,500 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in Shoreline - Sultana
1M2M20092013201720212025Typical sale price by year: 2009 AED 685,000; 2016 AED 2,050,000; 2019 AED 1,725,000; 2022 AED 2,230,000; 2023 AED 1,348,800; 2024 AED 1,600,000Sold by developer, May 2009: AED 660,000 (AED 576 per sqft)

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

Rents
Unit 204, each contractTypical one-bed in Shoreline - Sultana
100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 120,000; 2014 AED 136,000; 2015 AED 130,000; 2016 AED 140,000; 2017 AED 132,500; 2018 AED 125,000; 2019 AED 115,000; 2020 AED 92,500; 2021 AED 100,000; 2022 AED 110,000; 2023 AED 140,002; 2024 AED 150,000; 2025 AED 157,500; 2026 AED 155,000New contract, June 2014: AED 144,363 a yearNew contract, January 2015: AED 142,293 a yearNew contract, June 2015: AED 143,800 a yearRenewal, June 2016: AED 145,000 a yearNew contract, September 2017: AED 130,000 a yearRenewal, September 2018: AED 130,000 a yearNew contract, August 2020: AED 85,000 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 - Sultana, and where 204 sits

All 20 1-beds →

204 last sold in May 2009 at AED 576 per sqft, 4% below what one-beds in Shoreline - Sultana were fetching at the time (AED 598). 204's AED 85,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jul 20252,655,000
15 May 20252,400,000
9 Sep 20241,600,000
9 Sep 20241,600,000
0 1-bed sales in the last 12 months

Shoreline - Sultana

Building

95 apartments, 1-bed to 4-bed over 8 floors in Palm Jumeirah, completed in 2007 by Nakheel. 8 sold in the last 12 months.

Typical price per sqft
AED 2,758
Typical sale
AED 5.88M
Typical rent
AED 220K /yr
Typical yield
4.7%
Shoreline - Sultana, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 95 units in Shoreline - Sultana
Value
2012-bedAED 800K · Mar 2009
2023-bedAED 4.82M · Jan 2025
2033-bedAED 5.24M · Jul 2015
2052-bedAED 2.2M · Apr 2009
2062-bedAED 1.05M · Mar 2009
2072-bedAED 2.9M · Feb 2017
2082-bedAED 2.8M · Mar 2009
1–7 of 11

204, Shoreline - Sultana in numbers

  • Sold once: by Nakheel on 3 May 2009 for AED 660,000, or AED 576 per sqft.
  • Rented since June 2014 on 7 Ejari contracts, from AED 144,363 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2009 price is 12.9%, before a service charge of about AED 16,500 a year (AED 14.39 per sqft).

Source: Dubai Land Department. Updated 17 August 2020.

Questions about 204, Shoreline - Sultana

What did unit 204 last sell for?

AED 660,000 on 3 May 2009, sold by the developer: AED 576 per sqft for 1,145 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 85,000 a year on the contract signed on 17 August 2020. The previous contract, from September 2018, was AED 130,000; the unit has been rented since June 2014.

How big is unit 204?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2007.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 204, Shoreline - Sultana

Starts from the last sale price (AED 660K, 3 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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