408, Shoreline - Khushkar
Sold prices and rental history: sold twice, last in November 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Shoreline - Khushkar
What is 408 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 24 November 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 4th of 11
- Parking
- B2-68
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 24,300 /yr
- Last sold
- AED 2.1M · November 2022
- Building
- Shoreline - Khushkar
About 408, Shoreline - Khushkar
408 is a two-bedroom apartment of 1,551 sqft on the 4th floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 24 November 2022 for AED 2,100,000, or AED 1,354 per sqft, 13% above the AED 1,198 two-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 26 August 2021, is AED 85,000 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 24,300 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Shoreline - Khushkar, and where 408 sits
All 62 2-beds →408 last sold in November 2022 at AED 1,354 per sqft, 13% above what two-beds in Shoreline - Khushkar were fetching at the time (AED 1,198). Over the last 12 months two-beds sold for AED 3,900,000 to 5,300,000, around AED 2,584 per sqft, and rent for AED 149,040 to 260,000 a year. 408's AED 85,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jan 20266 January 2026 | 1,997 sqft | 5,300,000 | 2,654 | ||
| 23 Dec 202523 December 2025 | 1,551 sqft | 3,900,000 | 2,514 | ||
| 25 Jun 202525 June 2025 | 1,551 sqft | 3,900,000 | 2,514 | ||
| 7 Apr 20257 April 2025 | 1,589 sqft | 3,200,000 | 2,013 |
Shoreline - Khushkar
Building132 apartments, 1-bed to 4-bed over 11 floors in Palm Jumeirah, completed in 2007 by Nakheel. 2 sold in the last 12 months.
- Typical price per sqft
- AED 2,584
- Typical sale
- AED 4.6M
- Typical rent
- AED 175K /yr
- Typical yield
- 4.5%
Other units on the 4th floor
All 132 units in Shoreline - Khushkar| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,586 sqft | AED 1.85MAED 1,850,000 · Mar 2017March 2017 | ||
| 402 | 3-bed | 2,218 sqft | AED 3MAED 3,000,000 · Jul 2022July 2022 | 134,000 /yr | |
| 403 | 3-bed | 2,157 sqft | AED 1.8MAED 1,800,000 · Jan 2011January 2011 | 190,000 /yr | |
| 404 | 1-bed | 1,145 sqft | AED 600KAED 600,000 · Apr 2009April 2009 | ||
| 405 | 2-bed | 1,551 sqft | AED 1.35MAED 1,345,500 · Nov 2010November 2010 | 180,000 /yr | |
| 406 | 2-bed | 1,997 sqft | AED 2.1MAED 2,100,000 · Sep 2017September 2017 | 265,000 /yr | |
| 407 | 2-bed | 1,997 sqft | AED 5.1MAED 5,100,000 · Jun 2024June 2024 | 121,000 /yr | |
| 409 | 1-bed | 1,145 sqft | AED 1.15MAED 1,150,000 · Aug 2012August 2012 | 170,000 /yr | |
| 410 | 3-bed | 2,157 sqft | AED 1.9MAED 1,900,000 · May 2019May 2019 | 260,000 /yr | |
| 411 | 3-bed | 2,218 sqft | AED 2.2MAED 2,200,000 · Dec 2012December 2012 | ||
| 412 | 2-bed | 1,586 sqft | AED 3.35MAED 3,350,000 · Dec 2023December 2023 | 260,000 /yr |
408, Shoreline - Khushkar in numbers
- Sold twice: first on 14 February 2011 for AED 1,435,000, last on 24 November 2022 for AED 2,100,000 (AED 1,354 per sqft).
- Rented since April 2019 on 3 Ejari contracts, from AED 100,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2022 price is 4.0%, before a service charge of about AED 24,300 a year (AED 15.70 per sqft).
- Two-beds in Shoreline - Khushkar sold for AED 3,900,000–5,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,584 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 24 November 2022.
Questions about 408, Shoreline - Khushkar
What did unit 408 last sell for?
AED 2,100,000 on 24 November 2022: AED 1,354 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 1,435,000 in February 2011.
What is the rent for unit 408?
AED 85,000 a year on the contract signed on 26 August 2021. The previous contract, from April 2020, was AED 100,000; the unit has been rented since April 2019.
How big is unit 408?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 4th floor of a 11-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 - Khushkar sold for AED 3,900,000 to 5,300,000 in the last 12 months, around AED 2,584 per sqft.
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Mortgage on 408, Shoreline - Khushkar
Starts from the last sale price (AED 2.1M, 24 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →