2-bed · 1,551 sqftShoreline - Tamr, Palm Jumeirah · 4th floor · completed 2007

408, Shoreline - Tamr

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 408 · DLD and Ejari recordsUpdated 18 March 2026
Last soldAED 790K2 March 2009
Current rentAED 170K /yr18 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Shoreline - Tamr

What is 408 worth today?

Last sold for AED 790,000 in 2009

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18 Mar 2026RentedRenewal
AED 170,000/yr12 months · AED 110 per sqft
18 Mar 2025RentedNew contract
AED 170,000/yr12 months · AED 110 per sqft
18 Mar 2025RentedNew contract
AED 170,000/yr12 months · AED 110 per sqft
1 Jan 2024RentedRenewal
AED 144,375/yr12 months · AED 93 per sqft
1 Jan 2023RentedRenewal
AED 131,250/yr12 months · AED 85 per sqft
1 Jan 2022RentedNew contract
AED 125,000/yr12 months · AED 81 per sqft
25 Oct 2018RentedRenewal
AED 125,000/yr12 months · AED 81 per sqft
25 Oct 2017RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 18 March 2026.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
4th of 10
Parking
B2-58
Developer
Nakheel
Completed
2007
Service charge
AED 21,300 /yr
Last sold
AED 790K · March 2009

About 408, Shoreline - Tamr

408 is a two-bedroom apartment of 1,551 sqft on the 4th floor of Shoreline - Tamr, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 2 March 2009 for AED 790,000, or AED 509 per sqft, in line with the AED 513 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 18 March 2026, is AED 170,000 a year: a gross yield of 21.5% on the 2009 price, before the service charge of about AED 21,300 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical two-bed in Shoreline - Tamr
2M4M2009201420192024Typical sale price by year: 2009 AED 815,000; 2010 AED 1,400,000; 2011 AED 1,290,000; 2012 AED 1,410,000; 2013 AED 2,100,000; 2014 AED 2,400,000; 2015 AED 2,260,000; 2016 AED 2,150,000; 2017 AED 1,975,000; 2022 AED 2,412,500; 2023 AED 2,387,500; 2024 AED 3,150,000; 2025 AED 3,700,000Sold by developer, March 2009: AED 790,000 (AED 509 per sqft)

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

Rents
Unit 408, each contractTypical two-bed in Shoreline - Tamr
100K150K2012201620202024Typical rent by year: 2012 AED 125,625; 2013 AED 125,000; 2014 AED 145,000; 2015 AED 155,000; 2016 AED 154,540; 2017 AED 145,000; 2018 AED 130,500; 2019 AED 115,000; 2020 AED 105,000; 2021 AED 100,000; 2022 AED 119,225; 2023 AED 152,500; 2024 AED 170,000; 2025 AED 175,500; 2026 AED 165,000New contract, April 2013: AED 120,000 a yearNew contract, April 2014: AED 135,000 a yearNew contract, April 2015: AED 145,000 a yearRenewal, April 2016: AED 155,000 a yearNew contract, October 2017: AED 130,000 a yearRenewal, October 2018: AED 125,000 a yearNew contract, January 2022: AED 125,000 a yearRenewal, January 2023: AED 131,250 a yearRenewal, January 2024: AED 144,375 a yearNew contract, March 2025: AED 170,000 a yearNew contract, March 2025: AED 170,000 a yearRenewal, March 2026: AED 170,000 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 - Tamr, and where 408 sits

All 49 2-beds →

408 last sold in March 2009 at AED 509 per sqft, in line with what two-beds in Shoreline - Tamr were fetching at the time (AED 513). Over the last 12 months two-beds sold for AED 3,800,000 to 4,100,000, around AED 2,056 per sqft, and rent for AED 132,000 to 300,000 a year. 408's AED 170,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Jun 20264,100,000
13 Apr 20263,850,000
4 Dec 20253,800,000
9 Sep 20253,600,000
3 2-bed sales in the last 12 months

Shoreline - Tamr

Building

90 apartments, 1-bed to 4-bed over 10 floors in Palm Jumeirah, completed in 2007 by Nakheel. 11 sold in the last 12 months.

Typical price per sqft
AED 2,292 Up 5.4%
Typical sale
AED 4.9M
Typical rent
AED 165K /yr
Typical yield
4.8%
Shoreline - Tamr, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 90 units in Shoreline - Tamr
Value
4012-bedAED 1.4M · Apr 2021
4023-bedAED 3.73M · Feb 2024
4033-bedAED 5.3M · Dec 2025
4041-bedAED 2.05M · Sep 2023
4052-bedNo registered sale
4062-bedNo registered sale
4072-bedAED 4.7M · Feb 2025
1–7 of 10

408, Shoreline - Tamr in numbers

  • Sold once: by Nakheel on 2 March 2009 for AED 790,000, or AED 509 per sqft.
  • Rented since April 2013 on 12 Ejari contracts, from AED 120,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2009 price is 21.5%, before a service charge of about AED 21,300 a year (AED 13.76 per sqft).
  • Two-beds in Shoreline - Tamr sold for AED 3,800,000–4,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,292 per sqft.

Source: Dubai Land Department. Updated 18 March 2026.

Questions about 408, Shoreline - Tamr

What did unit 408 last sell for?

AED 790,000 on 2 March 2009, sold by the developer: AED 509 per sqft for 1,551 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 170,000 a year on the contract renewed on 18 March 2026. The previous contract, from March 2025, was AED 170,000; the unit has been rented since April 2013.

How big is unit 408?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2007.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Tamr sold for AED 3,800,000 to 4,100,000 in the last 12 months, around AED 2,056 per sqft.

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Mortgage on 408, Shoreline - Tamr

Starts from the last sale price (AED 790K, 2 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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