2-bed · 1,563 sqftShoreline - Sultana, Palm Jumeirah · 5th floor · completed 2007

512, 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 512 · DLD and Ejari recordsUpdated 7 April 2026
Last soldAED 800K2 March 2009
Current rentAED 182K /yr7 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Shoreline - Sultana

What is 512 worth today?

Last sold for AED 800,000 in 2009

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7 Apr 2026RentedRenewal
AED 181,913/yr12 months · AED 117 per sqft
7 Apr 2025RentedRenewal
AED 173,250/yr12 months · AED 111 per sqft
7 Apr 2025RentedRenewal
AED 173,250/yr12 months · AED 111 per sqft
7 Apr 2024RentedRenewal
AED 165,000/yr12 months · AED 106 per sqft
7 Apr 2023RentedNew contract
AED 165,000/yr12 months · AED 106 per sqft
28 Mar 2022RentedNew contract
AED 109,250/yr12 months · AED 70 per sqft
28 Mar 2021RentedNew contract
AED 95,000/yr12 months · AED 61 per sqft
1 Nov 2019RentedRenewal
AED 115,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 7 April 2026.

Key facts

Type
2-bed apartment
Size
1,563 sqft
Floor
5th of 8
Parking
1B2-101
Developer
Nakheel
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 800K · March 2009

About 512, Shoreline - Sultana

512 is a two-bedroom apartment of 1,563 sqft on the 5th 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 800,000, or AED 511 per sqft, 9% below 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 7 April 2026, is AED 181,913 a year: a gross yield of 22.7% on the 2009 price, before the service charge of about AED 22,500 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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 800,000 (AED 511 per sqft)

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

Rents
Unit 512, 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, September 2013: AED 157,000 a yearRenewal, September 2014: AED 170,000 a yearNew contract, September 2015: AED 155,000 a yearRenewal, September 2016: AED 155,000 a yearNew contract, November 2017: AED 130,000 a yearRenewal, November 2018: AED 125,000 a yearRenewal, November 2019: AED 115,000 a yearNew contract, March 2021: AED 95,000 a yearNew contract, March 2022: AED 109,250 a yearNew contract, April 2023: AED 165,000 a yearRenewal, April 2024: AED 165,000 a yearRenewal, April 2025: AED 173,250 a yearRenewal, April 2025: AED 173,250 a yearRenewal, April 2026: AED 181,913 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 512 sits

All 48 2-beds →

512 last sold in March 2009 at AED 511 per sqft, 9% 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. 512's AED 181,913 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 5th floor

All 95 units in Shoreline - Sultana
Value
5012-bedAED 4.1M · Mar 2026
5023-bedAED 5.5M · Feb 2026
5033-bedAED 3.8M · Sep 2022
5041-bedAED 1.7M · Feb 2021
5052-bedAED 2.55M · Jun 2012
5062-bedAED 6.85M · Sep 2025
5072-bedAED 6.12M · Jan 2025
1–7 of 11

512, Shoreline - Sultana in numbers

  • Sold once: by Nakheel on 2 March 2009 for AED 800,000, or AED 511 per sqft.
  • Rented since September 2013 on 14 Ejari contracts. The rent fell from AED 157,000 to AED 95,000 in 2021 and recovered to AED 181,913 by April 2026.
  • At AED 181,913 a year the gross yield on the 2009 price is 22.7%, before a service charge of about AED 22,500 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 7 April 2026.

Questions about 512, Shoreline - Sultana

What did unit 512 last sell for?

AED 800,000 on 2 March 2009, sold by the developer: AED 511 per sqft for 1,563 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 181,913 a year on the contract renewed on 7 April 2026. The previous contract, from April 2025, was AED 173,250; the unit has been rented since September 2013.

How big is unit 512?

1,563 sqft (145.2 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2007.

What is unit 512 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 512, Shoreline - Sultana

Starts from the last sale price (AED 800K, 2 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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