2-bed · 1,551 sqftShoreline - Tamr, Palm Jumeirah · 5th floor · completed 2007

508, 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 508 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 790K2 March 2009
Current rentAED 175K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Shoreline - Tamr

What is 508 worth today?

Last sold for AED 790,000 in 2009

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1 Mar 2026RentedRenewal
AED 175,000/yr12 months · AED 113 per sqft
29 Sep 2023RentedRenewal
AED 118,000/yr12 months · AED 76 per sqft
29 Sep 2022RentedRenewal
AED 99,000/yr12 months · AED 64 per sqft
29 Sep 2021RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
29 Sep 2020RentedNew contract
AED 75,000/yr12 months · AED 48 per sqft
15 May 2020RentedRenewal
AED 81,429/yr14 months · AED 53 per sqft
15 May 2019RentedNew contract
AED 110,000/yr12 months · AED 71 per sqft
20 Oct 2017RentedNew contract
AED 125,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
5th of 10
Parking
B2-77
Developer
Nakheel
Completed
2007
Service charge
AED 21,300 /yr
Last sold
AED 790K · March 2009

About 508, Shoreline - Tamr

508 is a two-bedroom apartment of 1,551 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 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 1 March 2026, is AED 175,000 a year: a gross yield of 22.1% on the 2009 price, before the service charge of about AED 21,300 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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)

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

Rents
Unit 508, 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, May 2013: AED 140,000 a yearNew contract, May 2014: AED 140,000 a yearNew contract, September 2015: AED 140,000 a yearRenewal, September 2016: AED 140,000 a yearNew contract, October 2017: AED 125,000 a yearNew contract, May 2019: AED 110,000 a yearRenewal, May 2020: AED 81,429 a yearNew contract, September 2020: AED 75,000 a yearRenewal, September 2021: AED 90,000 a yearRenewal, September 2022: AED 99,000 a yearRenewal, September 2023: AED 118,000 a yearRenewal, March 2026: AED 175,000 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 508 sits

All 49 2-beds →

508 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. 508's AED 175,000 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
5012-bedAED 3.2M · Dec 2024
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
5091-bedAED 1.36M · Jan 2023
1–7 of 9

508, Shoreline - Tamr in numbers

  • Sold once: by Nakheel on 2 March 2009 for AED 790,000, or AED 509 per sqft.
  • Rented since May 2013 on 12 Ejari contracts. The rent fell from AED 140,000 to AED 75,000 in 2020 and recovered to AED 175,000 by March 2026.
  • At AED 175,000 a year the gross yield on the 2009 price is 22.1%, 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 1 March 2026.

Questions about 508, Shoreline - Tamr

What did unit 508 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 508?

AED 175,000 a year on the contract renewed on 1 March 2026. The previous contract, from September 2023, was AED 118,000; the unit has been rented since May 2013.

How big is unit 508?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.

What is unit 508 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 508, 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 →