2-bed · 1,975 sqftShoreline - Sultana, Palm Jumeirah · 7th floor · completed 2007

707, Shoreline - Sultana

Sold prices and rental history: sold 5 times, last in June 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 22 June 2023
Last soldAED 5.6M22 June 2023
Current rentAED 260K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Shoreline - Sultana

What is 707 worth today?

Last sold for AED 5,600,000 in 2023

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22 Jun 2023SoldReady
AED 5,600,000AED 2,835 per sqft
1 Dec 2022RentedNew contract
AED 260,000/yr12 months · AED 132 per sqft
8 Sep 2022SoldReady
AED 4,450,000AED 2,253 per sqft
11 Apr 2021SoldReady
AED 2,705,000AED 1,369 per sqft
7 Mar 2021RentedNew contract
AED 155,000/yr12 months · AED 78 per sqft
7 Mar 2020RentedRenewal
AED 77,500/yr24 months · AED 39 per sqft
7 Mar 2019RentedNew contract
AED 170,000/yr12 months · AED 85 per sqft
1 Mar 2018RentedNew contract
AED 200,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 22 June 2023.

Key facts

Type
2-bed apartment
Size
1,975 sqft
Floor
7th of 8
Parking
1B2-133
Developer
Nakheel
Completed
2007
Service charge
AED 28,400 /yr
Last sold
AED 5.6M · June 2023

About 707, Shoreline - Sultana

707 is a two-bedroom apartment of 1,975 sqft on the 7th floor of Shoreline - Sultana, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 22 June 2023 for AED 5,600,000, or AED 2,835 per sqft, 52% above the AED 1,871 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 1 December 2022, is AED 260,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 28,400 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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, March 2009: AED 1,150,000 (AED 582 per sqft)Sold, September 2016: AED 3,150,000 (AED 1,595 per sqft)Sold, April 2021: AED 2,705,000 (AED 1,369 per sqft)Sold, September 2022: AED 4,450,000 (AED 2,253 per sqft)Sold, June 2023: AED 5,600,000 (AED 2,835 per sqft)

707 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 707, 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, July 2012: AED 170,000 a yearNew contract, July 2013: AED 170,000 a yearRenewal, July 2014: AED 180,000 a yearNew contract, April 2016: AED 180,000 a yearNew contract, April 2017: AED 180,000 a yearNew contract, March 2018: AED 200,000 a yearNew contract, March 2019: AED 170,000 a yearRenewal, March 2020: AED 77,500 a yearNew contract, March 2021: AED 155,000 a yearNew contract, December 2022: AED 260,000 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 707 sits

All 48 2-beds →

707 last sold in June 2023 at AED 2,835 per sqft, 52% above what two-beds in Shoreline - Sultana were fetching at the time (AED 1,871). 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. 707's AED 260,000 is in the upper 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
7012-bedAED 3M · Apr 2009
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
7082-bedAED 2.6M · Dec 2018
1–7 of 11

707, Shoreline - Sultana in numbers

  • Sold 5 times: first on 2 March 2009 for AED 1,150,000, last on 22 June 2023 for AED 5,600,000 (AED 2,835 per sqft).
  • Rented since July 2012 on 10 Ejari contracts. The rent fell from AED 170,000 to AED 77,500 in 2020 and recovered to AED 260,000 by December 2022.
  • At AED 260,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 28,400 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 22 June 2023.

Questions about 707, Shoreline - Sultana

What did unit 707 last sell for?

AED 5,600,000 on 22 June 2023: AED 2,835 per sqft for 1,975 sqft. The unit has 5 registered sales; the first was AED 1,150,000 in March 2009.

What is the rent for unit 707?

AED 260,000 a year on the contract signed on 1 December 2022. The previous contract, from March 2021, was AED 155,000; the unit has been rented since July 2012.

How big is unit 707?

1,975 sqft (183.5 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2007.

What is unit 707 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 707, Shoreline - Sultana

Starts from the last sale price (AED 5.6M, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,600,000
Deposit, UAE resident (20%)
AED 1,120,000
Deposit, non-resident (40%)
AED 2,240,000
Monthly over 25 years at 3.7%
AED 22,911

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