1-bed · 572 sqftShoreline - Sultana, Palm Jumeirah · 2nd floor · completed 2007

209, Shoreline - Sultana

Sold prices and rental history: sold 5 times, last in May 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 1.2M10 May 2024
Current rentAED 140K /yr20 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Shoreline - Sultana

What is 209 worth today?

Last sold for AED 1,200,000 in 2024

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10 May 2024SoldReady
AED 1,200,000AED 2,096 per sqft
20 Aug 2023RentedNew contract
AED 140,004/yr2 months · AED 123 per sqft
14 Mar 2023SoldReady
AED 2,800,000AED 2,446 per sqft
20 Aug 2022RentedNew contract
AED 140,000/yr12 months · AED 123 per sqft
12 Sep 2021RentedRenewal
AED 105,000/yr12 months · AED 92 per sqft
12 Sep 2020RentedRenewal
AED 100,000/yr12 months · AED 88 per sqft
12 Sep 2019RentedNew contract
AED 115,000/yr12 months · AED 101 per sqft
1 Sep 2018RentedNew contract
AED 115,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
1-bed apartment
Size
572 sqft
Floor
2nd of 8
Parking
1B2-15
Developer
Nakheel
Completed
2007
Service charge
AED 8,200 /yr
Last sold
AED 1.2M · May 2024

About 209, Shoreline - Sultana

209 is a one-bedroom apartment of 572 sqft on the 2nd floor of Shoreline - Sultana, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 10 May 2024 for AED 1,200,000, or AED 2,096 per sqft, 12% above the AED 1,872 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 20 August 2023, is AED 140,004 a year: a gross yield of 11.7% on the 2024 price, before the service charge of about AED 8,200 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical one-bed in Shoreline - Sultana
1M2M3M20092013201720212025Typical 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, March 2009: AED 1,000,000 (AED 873 per sqft)Sold, September 2013: AED 2,250,000 (AED 1,965 per sqft)Sold, November 2016: AED 2,100,000 (AED 1,834 per sqft)Sold, March 2023: AED 2,800,000 (AED 2,446 per sqft)Sold, May 2024: AED 1,200,000 (AED 2,096 per sqft)

209 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 209, 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, December 2012: AED 110,000 a yearNew contract, September 2018: AED 115,000 a yearNew contract, September 2019: AED 115,000 a yearRenewal, September 2020: AED 100,000 a yearRenewal, September 2021: AED 105,000 a yearNew contract, August 2022: AED 140,000 a yearNew contract, August 2023: AED 140,004 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 209 sits

All 20 1-beds →

209 last sold in May 2024 at AED 2,096 per sqft, 12% above what one-beds in Shoreline - Sultana were fetching at the time (AED 1,872). 209's AED 140,004 is in the lower half 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
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

209, Shoreline - Sultana in numbers

  • Sold 5 times: first on 2 March 2009 for AED 1,000,000, last on 10 May 2024 for AED 1,200,000 (AED 2,096 per sqft).
  • Rented since December 2012 on 7 Ejari contracts, from AED 110,000 to AED 140,004 a year.
  • At AED 140,004 a year the gross yield on the 2024 price is 11.7%, before a service charge of about AED 8,200 a year (AED 14.39 per sqft).

Source: Dubai Land Department. Updated 10 May 2024.

Questions about 209, Shoreline - Sultana

What did unit 209 last sell for?

AED 1,200,000 on 10 May 2024: AED 2,096 per sqft for 572 sqft. The unit has 5 registered sales; the first was AED 1,000,000 in March 2009.

What is the rent for unit 209?

AED 140,004 a year on the contract signed on 20 August 2023. The previous contract, from August 2022, was AED 140,000; the unit has been rented since December 2012.

How big is unit 209?

572 sqft (53.1 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2007.

What is unit 209 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 209, Shoreline - Sultana

Starts from the last sale price (AED 1.2M, 10 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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