2-bed · 1,583 sqftShoreline - Tamr, Palm Jumeirah · 5th floor · completed 2007

501, Shoreline - Tamr

Sold prices and rental history: sold 5 times, last in December 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 16 December 2024
Last soldAED 3.2M16 December 2024
Current rentAED 185K /yr7 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Shoreline - Tamr

What is 501 worth today?

Last sold for AED 3,200,000 in 2024

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16 Dec 2024SoldReady
AED 3,200,000AED 2,021 per sqft
7 Oct 2024RentedNew contract
AED 185,000/yr12 months · AED 117 per sqft
30 Sep 2023RentedRenewal
AED 180,000/yr12 months · AED 114 per sqft
30 Sep 2022RentedNew contract
AED 180,000/yr12 months · AED 114 per sqft
7 Jul 2021SoldReady
AED 1,600,000AED 1,010 per sqft
1 Jul 2020RentedRenewal
AED 95,000/yr12 months · AED 60 per sqft
1 Jul 2019RentedNew contract
AED 103,000/yr12 months · AED 65 per sqft
14 Jun 2018RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 16 December 2024.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
5th of 10
Parking
B2-67
Developer
Nakheel
Completed
2007
Service charge
AED 21,800 /yr
Last sold
AED 3.2M · December 2024

About 501, Shoreline - Tamr

501 is a two-bedroom apartment of 1,583 sqft on the 5th floor of Shoreline - Tamr, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 16 December 2024 for AED 3,200,000, or AED 2,021 per sqft, in line with the AED 2,010 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 7 October 2024, is AED 185,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 21,800 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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 800,000 (AED 505 per sqft)Sold, February 2014: AED 2,500,000 (AED 1,579 per sqft)Sold, July 2017: AED 1,825,000 (AED 1,153 per sqft)Sold, July 2021: AED 1,600,000 (AED 1,010 per sqft)Sold, December 2024: AED 3,200,000 (AED 2,021 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Shoreline - Tamr
100K150K200K2012201620202024Typical 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, October 2014: AED 150,000 a yearNew contract, May 2016: AED 145,000 a yearRenewal, May 2017: AED 135,000 a yearNew contract, June 2018: AED 120,000 a yearNew contract, July 2019: AED 103,000 a yearRenewal, July 2020: AED 95,000 a yearNew contract, September 2022: AED 180,000 a yearRenewal, September 2023: AED 180,000 a yearNew contract, October 2024: AED 185,000 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 501 sits

All 49 2-beds →

501 last sold in December 2024 at AED 2,021 per sqft, in line with what two-beds in Shoreline - Tamr were fetching at the time (AED 2,010). 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. 501's AED 185,000 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 5th floor

All 90 units in Shoreline - Tamr
Value
5023-bedAED 3.38M · Jul 2014
5033-bedAED 1.15M · Mar 2009
5041-bedAED 1.5M · Jan 2017
5062-bedAED 4.1M · Oct 2024
5072-bedNo registered sale
5082-bedAED 790K · Mar 2009
5091-bedAED 1.36M · Jan 2023
1–7 of 9

501, Shoreline - Tamr in numbers

  • Sold 5 times: first on 2 March 2009 for AED 800,000, last on 16 December 2024 for AED 3,200,000 (AED 2,021 per sqft).
  • Rented since October 2014 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 95,000 in 2020 and recovered to AED 185,000 by October 2024.
  • At AED 185,000 a year the gross yield on the 2024 price is 5.8%, before a service charge of about AED 21,800 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 16 December 2024.

Questions about 501, Shoreline - Tamr

What did unit 501 last sell for?

AED 3,200,000 on 16 December 2024: AED 2,021 per sqft for 1,583 sqft. The unit has 5 registered sales; the first was AED 800,000 in March 2009.

What is the rent for unit 501?

AED 185,000 a year on the contract signed on 7 October 2024. The previous contract, from September 2023, was AED 180,000; the unit has been rented since October 2014.

How big is unit 501?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.

What is unit 501 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 501, Shoreline - Tamr

Starts from the last sale price (AED 3.2M, 16 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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