2-bed · 1,993 sqftShoreline - Sultana, Palm Jumeirah · 4th floor · completed 2007

407, 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 407 · DLD and Ejari recordsUpdated 26 May 2026
Last soldAED 1.05M2 March 2009
Current rentAED 240K /yr26 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Shoreline - Sultana

What is 407 worth today?

Last sold for AED 1,050,000 in 2009

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26 May 2026RentedRenewal
AED 240,000/yr12 months · AED 121 per sqft
26 May 2025RentedRenewal
AED 240,000/yr12 months · AED 121 per sqft
26 May 2024RentedRenewal
AED 230,000/yr12 months · AED 116 per sqft
26 May 2023RentedRenewal
AED 200,000/yr12 months · AED 100 per sqft
26 May 2022RentedNew contract
AED 200,000/yr12 months · AED 100 per sqft
1 May 2021RentedNew contract
AED 170,000/yr12 months · AED 85 per sqft
19 Apr 2020RentedRenewal
AED 170,000/yr12 months · AED 85 per sqft
19 Sep 2019RentedRenewal
AED 180,000/yr7 months · AED 90 per sqft

Source: Dubai Land Department. Updated 26 May 2026.

Key facts

Type
2-bed apartment
Size
1,993 sqft
Floor
4th of 8
Parking
1B2-128
Developer
Nakheel
Completed
2007
Service charge
AED 28,700 /yr
Last sold
AED 1.05M · March 2009

About 407, Shoreline - Sultana

407 is a two-bedroom apartment of 1,993 sqft on the 4th 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 1,050,000, or AED 526 per sqft, 6% below the AED 560 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, renewed on 26 May 2026, is AED 240,000 a year: a gross yield of 22.9% on the 2009 price, before the service charge of about AED 28,700 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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 1,050,000 (AED 526 per sqft)

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

Rents
Unit 407, 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, January 2013: AED 190,000 a yearNew contract, February 2014: AED 220,000 a yearNew contract, February 2015: AED 220,000 a yearRenewal, February 2016: AED 220,000 a yearNew contract, February 2017: AED 220,000 a yearNew contract, August 2017: AED 200,000 a yearNew contract, September 2018: AED 185,000 a yearRenewal, September 2019: AED 180,000 a yearRenewal, April 2020: AED 170,000 a yearNew contract, May 2021: AED 170,000 a yearNew contract, May 2022: AED 200,000 a yearRenewal, May 2023: AED 200,000 a yearRenewal, May 2024: AED 230,000 a yearRenewal, May 2025: AED 240,000 a yearRenewal, May 2026: AED 240,000 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 407 sits

All 48 2-beds →

407 last sold in March 2009 at AED 526 per sqft, 6% below 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. 407's AED 240,000 is in the upper half 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
4052-bedAED 2.67M · Mar 2011
4062-bedAED 6.38M · Dec 2025
4082-bedAED 870K · Mar 2009
1–7 of 11

407, Shoreline - Sultana in numbers

  • Sold once: by Nakheel on 2 March 2009 for AED 1,050,000, or AED 526 per sqft.
  • Rented since January 2013 on 15 Ejari contracts. The rent fell from AED 190,000 to AED 170,000 in 2021 and recovered to AED 240,000 by May 2026.
  • At AED 240,000 a year the gross yield on the 2009 price is 22.9%, before a service charge of about AED 28,700 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 26 May 2026.

Questions about 407, Shoreline - Sultana

What did unit 407 last sell for?

AED 1,050,000 on 2 March 2009, sold by the developer: AED 526 per sqft for 1,993 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 240,000 a year on the contract renewed on 26 May 2026. The previous contract, from May 2025, was AED 240,000; the unit has been rented since January 2013.

How big is unit 407?

1,993 sqft (185.2 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2007.

What is unit 407 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 407, Shoreline - Sultana

Starts from the last sale price (AED 1.05M, 2 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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