2-bed · 1,993 sqftShoreline - Jash Falqa, Palm Jumeirah · 4th floor · completed 2007

407, Shoreline - Jash Falqa

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 407 · DLD and Ejari recordsUpdated 6 April 2025
Last soldAED 1.05M3 March 2009
Current rentAED 200K /yr6 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Shoreline - Jash Falqa

What is 407 worth today?

Last sold for AED 1,050,000 in 2009

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6 Apr 2025RentedRenewal
AED 200,000/yr12 months · AED 100 per sqft
6 Apr 2024RentedRenewal
AED 200,000/yr12 months · AED 100 per sqft
6 Apr 2022RentedRenewal
AED 165,000/yr12 months · AED 83 per sqft
6 Apr 2021RentedRenewal
AED 160,000/yr12 months · AED 80 per sqft
6 Apr 2020RentedRenewal
AED 160,000/yr12 months · AED 80 per sqft
6 Apr 2019RentedNew contract
AED 185,000/yr12 months · AED 93 per sqft
6 Apr 2019RentedRenewal
AED 185,000/yr12 months · AED 93 per sqft
6 Apr 2018RentedRenewal
AED 185,000/yr12 months · AED 93 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 April 2025.

Key facts

Type
2-bed apartment
Size
1,993 sqft
Floor
4th of 8
Parking
2B2-64
Developer
Nakheel
Completed
2007
Service charge
AED 24,000 /yr
Last sold
AED 1.05M · March 2009

About 407, Shoreline - Jash Falqa

407 is a two-bedroom apartment of 1,993 sqft on the 4th floor of Shoreline - Jash Falqa, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 3 March 2009 for AED 1,050,000, or AED 526 per sqft, 6% below the AED 561 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 6 April 2025, is AED 200,000 a year: a gross yield of 19.1% on the 2009 price, before the service charge of about AED 24,000 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Shoreline - Jash Falqa
2M4M2009201320172021Typical sale price by year: 2009 AED 895,000; 2011 AED 1,550,000; 2013 AED 2,800,000; 2016 AED 3,300,000; 2017 AED 3,300,000; 2018 AED 2,575,000; 2021 AED 2,837,500; 2022 AED 3,625,000; 2023 AED 4,850,000Sold by developer, March 2009: AED 1,050,000 (AED 526 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Shoreline - Jash Falqa
150K200K2012201620202024Typical rent by year: 2012 AED 184,590; 2013 AED 170,000; 2014 AED 177,250; 2015 AED 177,022; 2016 AED 180,000; 2017 AED 174,999; 2018 AED 165,000; 2019 AED 145,000; 2020 AED 125,000; 2021 AED 122,500; 2022 AED 139,339; 2023 AED 160,000; 2024 AED 200,000; 2025 AED 202,500New contract, January 2013: AED 195,000 a yearRenewal, January 2014: AED 195,526 a yearRenewal, January 2015: AED 195,000 a yearRenewal, January 2016: AED 195,000 a yearNew contract, April 2017: AED 185,000 a yearRenewal, April 2018: AED 185,000 a yearNew contract, April 2019: AED 185,000 a yearRenewal, April 2019: AED 185,000 a yearRenewal, April 2020: AED 160,000 a yearRenewal, April 2021: AED 160,000 a yearRenewal, April 2022: AED 165,000 a yearRenewal, April 2024: AED 200,000 a yearRenewal, April 2025: AED 200,000 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 - Jash Falqa, and where 407 sits

All 47 2-beds →

407 last sold in March 2009 at AED 526 per sqft, 6% below what two-beds in Shoreline - Jash Falqa were fetching at the time (AED 561).

Recent 2-bed salesUnit no.Price (AED)Summary
26 Jun 20255,600,000
22 Jan 20256,000,000
12 Dec 20246,425,000
7 Feb 20246,900,000
0 2-bed sales in the last 12 months

Shoreline - Jash Falqa

Building

95 apartments, 1-bed to 4-bed over 8 floors in Palm Jumeirah, completed in 2007 by Nakheel. 2 sold in the last 12 months.

Typical price per sqft
AED 2,995
Typical sale
AED 6.5M
Typical rent
AED 170K /yr
Typical yield
4.8%
Shoreline - Jash Falqa, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 95 units in Shoreline - Jash Falqa
Value
4012-bedAED 1.55M · May 2011
4023-bedAED 2.84M · Jan 2017
4033-bedAED 3.23M · Sep 2016
4041-bedAED 2.75M · Dec 2022
4052-bedAED 2.1M · Oct 2019
4062-bedAED 4.85M · Mar 2023
4082-bedAED 3.5M · Nov 2022
1–7 of 11

407, Shoreline - Jash Falqa in numbers

  • Sold once: by Nakheel on 3 March 2009 for AED 1,050,000, or AED 526 per sqft.
  • Rented since January 2013 on 13 Ejari contracts. The rent fell from AED 195,000 to AED 160,000 in 2021 and recovered to AED 200,000 by April 2025.
  • At AED 200,000 a year the gross yield on the 2009 price is 19.1%, before a service charge of about AED 24,000 a year (AED 12.05 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 6 April 2025.

Questions about 407, Shoreline - Jash Falqa

What did unit 407 last sell for?

AED 1,050,000 on 3 March 2009, sold by the developer: AED 526 per sqft for 1,993 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 200,000 a year on the contract renewed on 6 April 2025. The previous contract, from April 2024, was AED 200,000; the unit has been rented since January 2013.

How big is unit 407?

1,993 sqft (185.2 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2007.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 407, Shoreline - Jash Falqa

Starts from the last sale price (AED 1.05M, 3 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →