2-bed · 1,551 sqftShoreline - Sultana, Palm Jumeirah · 4th floor · completed 2007

405, Shoreline - Sultana

Sold prices and rental history: sold twice, last in March 2011, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 24 December 2021
Last soldAED 2.67M21 March 2011
Current rentAED 115K /yr24 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Shoreline - Sultana

What is 405 worth today?

Last sold for AED 2,665,000 in 2011

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24 Dec 2021RentedNew contract
AED 115,000/yr12 months · AED 74 per sqft
21 Mar 2011SoldReady
AED 2,665,000AED 1,718 per sqft
2 Mar 2009Sold by developerReady
AED 2,857,600AED 1,842 per sqft

Source: Dubai Land Department. Updated 24 December 2021.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
4th of 8
Parking
1B2-60
Developer
Nakheel
Completed
2007
Service charge
AED 22,300 /yr
Last sold
AED 2.67M · March 2011

About 405, Shoreline - Sultana

405 is a two-bedroom apartment of 1,551 sqft on the 4th floor of Shoreline - Sultana, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 21 March 2011 for AED 2,665,000, or AED 1,718 per sqft, 72% above the AED 999 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 December 2021. The current contract, signed on 24 December 2021, is AED 115,000 a year: a gross yield of 4.3% on the 2011 price, before the service charge of about AED 22,300 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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 2,857,600 (AED 1,842 per sqft)Sold, March 2011: AED 2,665,000 (AED 1,718 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Shoreline - Sultana
100K200K2012201620202024Typical 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, December 2021: AED 115,000 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 - Sultana, and where 405 sits

All 48 2-beds →

405 last sold in March 2011 at AED 1,718 per sqft, 72% above what two-beds in Shoreline - Sultana were fetching at the time (AED 999). 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. 405's AED 115,000 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 4th floor

All 95 units in Shoreline - Sultana
Value
4012-bedAED 800K · Mar 2009
4023-bedAED 5M · Oct 2025
4033-bedAED 1.25M · Apr 2009
4041-bedAED 1.93M · Oct 2018
4062-bedAED 6.38M · Dec 2025
4072-bedAED 1.05M · Mar 2009
4082-bedAED 870K · Mar 2009
1–7 of 11

405, Shoreline - Sultana in numbers

  • Sold twice: first on 2 March 2009 for AED 2,857,600, last on 21 March 2011 for AED 2,665,000 (AED 1,718 per sqft).
  • Rented since December 2021 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2011 price is 4.3%, 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 24 December 2021.

Questions about 405, Shoreline - Sultana

What did unit 405 last sell for?

AED 2,665,000 on 21 March 2011: AED 1,718 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 2,857,600 in March 2009.

What is the rent for unit 405?

AED 115,000 a year on the contract signed on 24 December 2021.

How big is unit 405?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2007.

What is unit 405 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 405, Shoreline - Sultana

Starts from the last sale price (AED 2.67M, 21 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,665,000
Deposit, UAE resident (20%)
AED 533,000
Deposit, non-resident (40%)
AED 1,066,000
Monthly over 25 years at 3.7%
AED 10,903

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