2-bed · 1,551 sqftShoreline - Sultana, Palm Jumeirah · 2nd floor · completed 2007

208, Shoreline - Sultana

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 15 January 2023
Last soldAED 2.8M2 March 2009
Current rentAED 139K /yr15 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Shoreline - Sultana

What is 208 worth today?

Last sold for AED 2,800,000 in 2009

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15 Jan 2023RentedRenewal
AED 139,125/yr12 months · AED 90 per sqft
15 Jan 2022RentedRenewal
AED 132,500/yr12 months · AED 85 per sqft
15 Jan 2021RentedRenewal
AED 132,500/yr12 months · AED 85 per sqft
15 Jan 2020RentedNew contract
AED 132,500/yr12 months · AED 85 per sqft
1 May 2014RentedNew contract
AED 220,000/yr12 months · AED 142 per sqft
1 May 2013RentedNew contract
AED 220,000/yr12 months · AED 142 per sqft
2 Mar 2009Sold by developerReady
AED 2,800,000AED 1,805 per sqft

Source: Dubai Land Department. Updated 15 January 2023.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
2nd of 8
Parking
1B1-65
Developer
Nakheel
Completed
2007
Service charge
AED 22,300 /yr
Last sold
AED 2.8M · March 2009

About 208, Shoreline - Sultana

208 is a two-bedroom apartment of 1,551 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 2 March 2009 for AED 2,800,000, or AED 1,805 per sqft, 222% above the AED 560 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 January 2023, is AED 139,125 a year: a gross yield of 5.0% on the 2009 price, before the service charge of about AED 22,300 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical two-bed in Shoreline - Sultana
5M2009201420192024Typical sale price by year: 2009 AED 1,050,000; 2011 AED 2,600,000; 2012 AED 2,560,000; 2013 AED 3,250,000; 2015 AED 3,200,000; 2017 AED 2,480,000; 2023 AED 2,500,000; 2025 AED 6,617,204Sold by developer, March 2009: AED 2,800,000 (AED 1,805 per sqft)

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

Rents
Unit 208, each contractTypical two-bed in Shoreline - Sultana
200K2012201620202024Typical rent by year: 2012 AED 170,000; 2013 AED 165,000; 2014 AED 180,000; 2015 AED 175,032; 2016 AED 176,000; 2017 AED 165,000; 2018 AED 147,500; 2019 AED 135,000; 2020 AED 125,000; 2021 AED 129,500; 2022 AED 136,500; 2023 AED 156,500; 2024 AED 210,000; 2025 AED 245,000; 2026 AED 230,250New contract, May 2013: AED 220,000 a yearNew contract, May 2014: AED 220,000 a yearNew contract, January 2020: AED 132,500 a yearRenewal, January 2021: AED 132,500 a yearRenewal, January 2022: AED 132,500 a yearRenewal, January 2023: AED 139,125 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 - Sultana, and where 208 sits

All 48 2-beds →

208 last sold in March 2009 at AED 1,805 per sqft, 222% above what two-beds in Shoreline - Sultana were fetching at the time (AED 560). Over the last 12 months two-beds sold for AED 1,500,000 to 7,750,000, around AED 2,913 per sqft, and rent for AED 170,000 to 290,000 a year. 208's AED 139,125 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Jun 20261,500,000
3 Mar 20264,100,000
29 Dec 20256,384,407
11 Dec 20257,750,000
4 2-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
2041-bedAED 660K · May 2009
2052-bedAED 2.2M · Apr 2009
2062-bedAED 1.05M · Mar 2009
2072-bedAED 2.9M · Feb 2017
1–7 of 11

208, Shoreline - Sultana in numbers

  • Sold once: by Nakheel on 2 March 2009 for AED 2,800,000, or AED 1,805 per sqft.
  • Rented since May 2013 on 6 Ejari contracts, from AED 220,000 to AED 139,125 a year.
  • At AED 139,125 a year the gross yield on the 2009 price is 5.0%, before a service charge of about AED 22,300 a year (AED 14.39 per sqft).
  • Two-beds in Shoreline - Sultana sold for AED 1,500,000–7,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,758 per sqft.

Source: Dubai Land Department. Updated 15 January 2023.

Questions about 208, Shoreline - Sultana

What did unit 208 last sell for?

AED 2,800,000 on 2 March 2009, sold by the developer: AED 1,805 per sqft for 1,551 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 139,125 a year on the contract renewed on 15 January 2023. The previous contract, from January 2022, was AED 132,500; the unit has been rented since May 2013.

How big is unit 208?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2007.

What is unit 208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Sultana sold for AED 1,500,000 to 7,750,000 in the last 12 months, around AED 2,913 per sqft.

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Mortgage on 208, Shoreline - Sultana

Starts from the last sale price (AED 2.8M, 2 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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