2-bed · 2,014 sqftShoreline - Tamr, Palm Jumeirah · 5th floor · completed 2007

506, Shoreline - Tamr

Sold prices and rental history: sold once, by the developer in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 29 December 2025
Last soldAED 4.1M29 October 2024
Current rentAED 225K /yr29 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Shoreline - Tamr

What is 506 worth today?

Last sold for AED 4,100,000 in 2024

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29 Dec 2025RentedNew contract
AED 225,000/yr12 months · AED 112 per sqft
29 Oct 2024Sold by developerReady
AED 4,100,000AED 2,035 per sqft
22 Jun 2023RentedRenewal
AED 165,000/yr12 months · AED 82 per sqft
22 Jun 2022RentedNew contract
AED 160,000/yr12 months · AED 79 per sqft
15 Apr 2021RentedNew contract
AED 120,000/yr12 months · AED 60 per sqft
10 Apr 2020RentedRenewal
AED 135,000/yr12 months · AED 67 per sqft
10 Oct 2019RentedRenewal
AED 135,000/yr6 months · AED 67 per sqft
10 Oct 2018RentedNew contract
AED 135,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 29 December 2025.

Key facts

Type
2-bed apartment
Size
2,014 sqft
Floor
5th of 10
Parking
B2-75
Developer
Nakheel
Completed
2007
Service charge
AED 27,700 /yr
Last sold
AED 4.1M · October 2024

About 506, Shoreline - Tamr

506 is a two-bedroom apartment of 2,014 sqft on the 5th floor of Shoreline - Tamr, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 29 October 2024 for AED 4,100,000, or AED 2,035 per sqft, 4% above the AED 1,959 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 29 December 2025, is AED 225,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 27,700 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, October 2024: AED 4,100,000 (AED 2,035 per sqft)

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

Rents
Unit 506, each contractTypical two-bed in Shoreline - Tamr
100K200K2012201620202024Typical 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, February 2013: AED 136,500 a yearRenewal, February 2014: AED 143,325 a yearNew contract, February 2015: AED 165,000 a yearRenewal, February 2016: AED 165,000 a yearNew contract, August 2017: AED 145,000 a yearNew contract, October 2018: AED 135,000 a yearRenewal, October 2019: AED 135,000 a yearRenewal, April 2020: AED 135,000 a yearNew contract, April 2021: AED 120,000 a yearNew contract, June 2022: AED 160,000 a yearRenewal, June 2023: AED 165,000 a yearNew contract, December 2025: AED 225,000 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 506 sits

All 49 2-beds →

506 last sold in October 2024 at AED 2,035 per sqft, 4% above what two-beds in Shoreline - Tamr were fetching at the time (AED 1,959). 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. 506's AED 225,000 is in the upper 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
5012-bedAED 3.2M · Dec 2024
5023-bedAED 3.38M · Jul 2014
5033-bedAED 1.15M · Mar 2009
5041-bedAED 1.5M · Jan 2017
5072-bedNo registered sale
5082-bedAED 790K · Mar 2009
5091-bedAED 1.36M · Jan 2023
1–7 of 9

506, Shoreline - Tamr in numbers

  • Sold once: by Nakheel on 29 October 2024 for AED 4,100,000, or AED 2,035 per sqft.
  • Rented since February 2013 on 12 Ejari contracts. The rent fell from AED 136,500 to AED 120,000 in 2021 and recovered to AED 225,000 by December 2025.
  • At AED 225,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 27,700 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 29 December 2025.

Questions about 506, Shoreline - Tamr

What did unit 506 last sell for?

AED 4,100,000 on 29 October 2024, sold by the developer: AED 2,035 per sqft for 2,014 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 225,000 a year on the contract signed on 29 December 2025. The previous contract, from June 2023, was AED 165,000; the unit has been rented since February 2013.

How big is unit 506?

2,014 sqft (187.1 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.

What is unit 506 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 506, Shoreline - Tamr

Starts from the last sale price (AED 4.1M, 29 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

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