2-bed · 1,563 sqftShoreline - Sultana, Palm Jumeirah · 7th floor · completed 2007

701, Shoreline - Sultana

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 4 September 2026
Last soldAED 3M20 April 2009
Current rentAED 215K /yr4 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Shoreline - Sultana

What is 701 worth today?

Last sold for AED 3,000,000 in 2009

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4 Sep 2026RentedNew contract
AED 215,000/yr12 months · AED 138 per sqft
10 Jul 2023RentedNew contract
AED 125,500/yr12 months · AED 80 per sqft
10 Jul 2022RentedRenewal
AED 115,000/yr12 months · AED 74 per sqft
10 Jul 2021RentedNew contract
AED 105,000/yr12 months · AED 67 per sqft
31 Mar 2020RentedRenewal
AED 125,000/yr12 months · AED 79 per sqft
31 Mar 2019RentedRenewal
AED 135,000/yr12 months · AED 85 per sqft
31 Mar 2018RentedRenewal
AED 140,000/yr12 months · AED 88 per sqft
31 Mar 2017RentedRenewal
AED 147,500/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 4 September 2026.

Key facts

Type
2-bed apartment
Size
1,563 sqft
Floor
7th of 8
Parking
1B2-84
Developer
Nakheel
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 3M · April 2009

About 701, Shoreline - Sultana

701 is a two-bedroom apartment of 1,563 sqft on the 7th 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 3,000,000, or AED 1,918 per sqft, 242% above the AED 561 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 4 September 2026, is AED 215,000 a year: a gross yield of 7.2% on the 2009 price, before the service charge of about AED 22,500 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, April 2009: AED 3,000,000 (AED 1,918 per sqft)

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

Rents
Unit 701, 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 230,250Renewal, March 2017: AED 147,500 a yearRenewal, March 2018: AED 140,000 a yearRenewal, March 2019: AED 135,000 a yearRenewal, March 2020: AED 125,000 a yearNew contract, July 2021: AED 105,000 a yearRenewal, July 2022: AED 115,000 a yearNew contract, July 2023: AED 125,500 a yearNew contract, September 2026: AED 215,000 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 701 sits

All 48 2-beds →

701 last sold in April 2009 at AED 1,918 per sqft, 242% above what two-beds in Shoreline - Sultana were fetching at the time (AED 561). 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. 701's AED 215,000 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 7th floor

All 95 units in Shoreline - Sultana
Value
7023-bedAED 4.8M · Feb 2025
7033-bedAED 3.4M · Oct 2009
7041-bedAED 3.87M · Mar 2009
7052-bedAED 2.6M · Dec 2009
7062-bedAED 7.75M · Dec 2025
7072-bedAED 5.6M · Jun 2023
7082-bedAED 2.6M · Dec 2018
1–7 of 11

701, Shoreline - Sultana in numbers

  • Sold once: by Nakheel on 20 April 2009 for AED 3,000,000, or AED 1,918 per sqft.
  • Rented since March 2017 on 8 Ejari contracts. The rent fell from AED 147,500 to AED 105,000 in 2021 and recovered to AED 215,000 by September 2026.
  • At AED 215,000 a year the gross yield on the 2009 price is 7.2%, 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 4 September 2026.

Questions about 701, Shoreline - Sultana

What did unit 701 last sell for?

AED 3,000,000 on 20 April 2009, sold by the developer: AED 1,918 per sqft for 1,563 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 215,000 a year on the contract signed on 4 September 2026. The previous contract, from July 2023, was AED 125,500; the unit has been rented since March 2017.

How big is unit 701?

1,563 sqft (145.2 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2007.

What is unit 701 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 701, Shoreline - Sultana

Starts from the last sale price (AED 3M, 20 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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