2-bed · 1,551 sqftShoreline - Sultana, Palm Jumeirah · 7th floor · completed 2007

705, Shoreline - Sultana

Sold prices and rental history: sold twice, last in December 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 2.6M16 December 2009
Current rentAED 137K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Shoreline - Sultana

What is 705 worth today?

Last sold for AED 2,600,000 in 2009

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1 Nov 2022RentedRenewal
AED 136,500/yr12 months · AED 88 per sqft
1 Nov 2021RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
1 Nov 2020RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
1 Nov 2019RentedRenewal
AED 145,000/yr12 months · AED 94 per sqft
1 Nov 2018RentedNew contract
AED 155,000/yr12 months · AED 100 per sqft
7 Sep 2017RentedRenewal
AED 175,000/yr12 months · AED 113 per sqft
7 Sep 2016RentedNew contract
AED 180,000/yr12 months · AED 116 per sqft
27 Apr 2016RentedNew contract
AED 250,000/yr12 months · AED 161 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
7th of 8
Parking
1B2-130
Developer
Nakheel
Completed
2007
Service charge
AED 22,300 /yr
Last sold
AED 2.6M · December 2009

About 705, Shoreline - Sultana

705 is a two-bedroom apartment of 1,551 sqft on the 7th floor of Shoreline - Sultana, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 16 December 2009 for AED 2,600,000, or AED 1,676 per sqft, 190% above the AED 577 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 136,500 a year: a gross yield of 5.3% on the 2009 price, before the service charge of about AED 22,300 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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 895,000 (AED 577 per sqft)Sold, December 2009: AED 2,600,000 (AED 1,676 per sqft)

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

Rents
Unit 705, 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 2012: AED 160,000 a yearNew contract, April 2014: AED 180,000 a yearNew contract, April 2015: AED 189,000 a yearNew contract, April 2016: AED 250,000 a yearNew contract, September 2016: AED 180,000 a yearRenewal, September 2017: AED 175,000 a yearNew contract, November 2018: AED 155,000 a yearRenewal, November 2019: AED 145,000 a yearRenewal, November 2020: AED 130,000 a yearRenewal, November 2021: AED 130,000 a yearRenewal, November 2022: AED 136,500 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 705 sits

All 48 2-beds →

705 last sold in December 2009 at AED 1,676 per sqft, 190% above what two-beds in Shoreline - Sultana were fetching at the time (AED 577). 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. 705's AED 136,500 is at the bottom 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
7012-bedAED 3M · Apr 2009
7023-bedAED 4.8M · Feb 2025
7033-bedAED 3.4M · Oct 2009
7041-bedAED 3.87M · Mar 2009
7062-bedAED 7.75M · Dec 2025
7072-bedAED 5.6M · Jun 2023
7082-bedAED 2.6M · Dec 2018
1–7 of 11

705, Shoreline - Sultana in numbers

  • Sold twice: first on 2 March 2009 for AED 895,000, last on 16 December 2009 for AED 2,600,000 (AED 1,676 per sqft).
  • Rented since March 2012 on 11 Ejari contracts, from AED 160,000 to AED 136,500 a year.
  • At AED 136,500 a year the gross yield on the 2009 price is 5.3%, 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 1 November 2022.

Questions about 705, Shoreline - Sultana

What did unit 705 last sell for?

AED 2,600,000 on 16 December 2009: AED 1,676 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 895,000 in March 2009.

What is the rent for unit 705?

AED 136,500 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 130,000; the unit has been rented since March 2012.

How big is unit 705?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2007.

What is unit 705 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 705, Shoreline - Sultana

Starts from the last sale price (AED 2.6M, 16 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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