1-bed · 1,145 sqftShoreline - Sultana, Palm Jumeirah · 4th floor · completed 2007

409, Shoreline - Sultana

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 23 May 2026
Last soldAED 660K20 April 2009
Current rentAED 150K /yr23 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Shoreline - Sultana

What is 409 worth today?

Last sold for AED 660,000 in 2009

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23 May 2026RentedNew contract
AED 150,000/yr12 months · AED 131 per sqft
24 Oct 2025RentedRenewal
AED 150,000/yr12 months · AED 131 per sqft
24 Oct 2024RentedRenewal
AED 150,000/yr12 months · AED 131 per sqft
24 Oct 2023RentedNew contract
AED 150,000/yr12 months · AED 131 per sqft
1 Dec 2022RentedRenewal
AED 94,000/yr12 months · AED 82 per sqft
1 Dec 2021RentedRenewal
AED 85,000/yr12 months · AED 74 per sqft
1 Dec 2020RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft
1 Oct 2018RentedNew contract
AED 115,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 23 May 2026.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
4th of 8
Parking
1B2-56
Developer
Nakheel
Completed
2007
Service charge
AED 16,500 /yr
Last sold
AED 660K · April 2009

About 409, Shoreline - Sultana

409 is a one-bedroom apartment of 1,145 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 20 April 2009 for AED 660,000, or AED 576 per sqft, 4% below the AED 598 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 23 May 2026, is AED 150,000 a year: a gross yield of 22.7% on the 2009 price, before the service charge of about AED 16,500 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Shoreline - Sultana
1M2M20092013201720212025Typical 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, April 2009: AED 660,000 (AED 576 per sqft)

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

Rents
Unit 409, 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, May 2014: AED 118,000 a yearRenewal, May 2015: AED 118,000 a yearRenewal, May 2016: AED 120,000 a yearNew contract, October 2018: AED 115,000 a yearNew contract, December 2020: AED 85,000 a yearRenewal, December 2021: AED 85,000 a yearRenewal, December 2022: AED 94,000 a yearNew contract, October 2023: AED 150,000 a yearRenewal, October 2024: AED 150,000 a yearRenewal, October 2025: AED 150,000 a yearNew contract, May 2026: AED 150,000 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 409 sits

All 20 1-beds →

409 last sold in April 2009 at AED 576 per sqft, 4% below what one-beds in Shoreline - Sultana were fetching at the time (AED 598). 409's AED 150,000 is in the upper 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 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

409, Shoreline - Sultana in numbers

  • Sold once: by Nakheel on 20 April 2009 for AED 660,000, or AED 576 per sqft.
  • Rented since May 2014 on 11 Ejari contracts. The rent fell from AED 118,000 to AED 85,000 in 2021 and recovered to AED 150,000 by May 2026.
  • At AED 150,000 a year the gross yield on the 2009 price is 22.7%, before a service charge of about AED 16,500 a year (AED 14.39 per sqft).

Source: Dubai Land Department. Updated 23 May 2026.

Questions about 409, Shoreline - Sultana

What did unit 409 last sell for?

AED 660,000 on 20 April 2009, sold by the developer: AED 576 per sqft for 1,145 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 150,000 a year on the contract signed on 23 May 2026. The previous contract, from October 2025, was AED 150,000; the unit has been rented since May 2014.

How big is unit 409?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2007.

What is unit 409 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 409, Shoreline - Sultana

Starts from the last sale price (AED 660K, 20 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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