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

408, 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 408 · DLD and Ejari recordsUpdated 12 September 2026
Last soldAED 870K2 March 2009
Current rentAED 221K /yr12 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Shoreline - Sultana

What is 408 worth today?

Last sold for AED 870,000 in 2009

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12 Sep 2026RentedRenewal
AED 220,500/yr12 months · AED 142 per sqft
12 Sep 2025RentedRenewal
AED 220,500/yr12 months · AED 142 per sqft
12 Sep 2024RentedNew contract
AED 210,000/yr12 months · AED 135 per sqft
7 Nov 2023RentedRenewal
AED 158,000/yr12 months · AED 102 per sqft
7 Nov 2022RentedRenewal
AED 148,000/yr12 months · AED 95 per sqft
7 Nov 2021RentedRenewal
AED 143,000/yr12 months · AED 92 per sqft
7 Nov 2020RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft
1 Nov 2019RentedNew contract
AED 135,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 12 September 2026.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
4th of 8
Parking
1B2-131
Developer
Nakheel
Completed
2007
Service charge
AED 22,300 /yr
Last sold
AED 870K · March 2009

About 408, Shoreline - Sultana

408 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. The developer sold it on 2 March 2009 for AED 870,000, or AED 561 per sqft, in line with the AED 560 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 12 September 2026, is AED 220,500 a year: a gross yield of 25.3% on the 2009 price, before the service charge of about AED 22,300 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical two-bed in Shoreline - Sultana
05M2009201420192024Typical 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 870,000 (AED 561 per sqft)

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

Rents
Unit 408, 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, March 2013: AED 170,000 a yearNew contract, March 2014: AED 178,500 a yearNew contract, June 2015: AED 200,000 a yearRenewal, June 2016: AED 200,000 a yearNew contract, August 2017: AED 170,000 a yearRenewal, August 2018: AED 170,000 a yearNew contract, November 2019: AED 135,000 a yearNew contract, November 2020: AED 130,000 a yearRenewal, November 2021: AED 143,000 a yearRenewal, November 2022: AED 148,000 a yearRenewal, November 2023: AED 158,000 a yearNew contract, September 2024: AED 210,000 a yearRenewal, September 2025: AED 220,500 a yearRenewal, September 2026: AED 220,500 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 408 sits

All 48 2-beds →

408 last sold in March 2009 at AED 561 per sqft, in line with 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. 408's AED 220,500 is in the lower 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
4072-bedAED 1.05M · Mar 2009
1–7 of 11

408, Shoreline - Sultana in numbers

  • Sold once: by Nakheel on 2 March 2009 for AED 870,000, or AED 561 per sqft.
  • Rented since March 2013 on 14 Ejari contracts. The rent fell from AED 170,000 to AED 130,000 in 2020 and recovered to AED 220,500 by September 2026.
  • At AED 220,500 a year the gross yield on the 2009 price is 25.3%, 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 12 September 2026.

Questions about 408, Shoreline - Sultana

What did unit 408 last sell for?

AED 870,000 on 2 March 2009, sold by the developer: AED 561 per sqft for 1,551 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 220,500 a year on the contract renewed on 12 September 2026. The previous contract, from September 2025, was AED 220,500; the unit has been rented since March 2013.

How big is unit 408?

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 408 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 408, Shoreline - Sultana

Starts from the last sale price (AED 870K, 2 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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