1-bed · 1,145 sqftShoreline - Khushkar, Palm Jumeirah · 4th floor · completed 2007

409, Shoreline - Khushkar

Sold prices and rental history: sold 3 times, last in August 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.15M29 August 2012
Current rentAED 119K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Shoreline - Khushkar

What is 409 worth today?

Last sold for AED 1,150,000 in 2012

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1 Sep 2025RentedRenewal
AED 119,000/yr12 months · AED 104 per sqft
1 Sep 2025RentedRenewal
AED 170,000/yr12 months · AED 149 per sqft
1 Sep 2024RentedRenewal
AED 119,000/yr12 months · AED 104 per sqft
1 Sep 2023RentedRenewal
AED 115,000/yr12 months · AED 101 per sqft
1 Sep 2022RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
18 Nov 2020RentedNew contract
AED 62,000/yr12 months · AED 54 per sqft
4 Oct 2020RentedRenewal
AED 105,000/yr1 months · AED 92 per sqft
4 Jan 2020RentedRenewal
AED 105,000/yr9 months · AED 92 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
4th of 11
Parking
B2-71
Developer
Nakheel
Completed
2007
Service charge
AED 18,000 /yr
Last sold
AED 1.15M · August 2012

About 409, Shoreline - Khushkar

409 is a one-bedroom apartment of 1,145 sqft on the 4th floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 29 August 2012 for AED 1,150,000, or AED 1,004 per sqft, 30% above the AED 775 one-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 1 September 2025, is AED 119,000 a year: a gross yield of 10.3% on the 2012 price, before the service charge of about AED 18,000 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Shoreline - Khushkar
1M2M2009201320172021Typical sale price by year: 2009 AED 600,000; 2010 AED 1,500,000; 2012 AED 887,500; 2013 AED 1,900,000; 2014 AED 892,800; 2022 AED 1,555,092Sold by developer, February 2009: AED 600,000 (AED 524 per sqft)Sold, September 2010: AED 1,230,000 (AED 1,074 per sqft)Sold, August 2012: AED 1,150,000 (AED 1,004 per sqft)

409 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 409, each contractTypical one-bed in Shoreline - Khushkar
50K100K150K2012201620202024Typical rent by year: 2012 AED 79,558; 2013 AED 92,000; 2014 AED 105,000; 2015 AED 112,500; 2016 AED 111,320; 2017 AED 101,500; 2018 AED 100,000; 2019 AED 82,500; 2020 AED 72,500; 2021 AED 74,000; 2022 AED 86,000; 2023 AED 115,250; 2024 AED 126,000; 2025 AED 130,000New contract, October 2013: AED 104,718 a yearRenewal, October 2014: AED 120,334 a yearRenewal, October 2016: AED 120,000 a yearRenewal, October 2018: AED 120,000 a yearRenewal, October 2019: AED 120,000 a yearRenewal, January 2020: AED 105,000 a yearRenewal, October 2020: AED 105,000 a yearNew contract, November 2020: AED 62,000 a yearNew contract, September 2022: AED 100,000 a yearRenewal, September 2023: AED 115,000 a yearRenewal, September 2024: AED 119,000 a yearRenewal, September 2025: AED 119,000 a yearRenewal, September 2025: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Khushkar, and where 409 sits

All 24 1-beds →

409 last sold in August 2012 at AED 1,004 per sqft, 30% above what one-beds in Shoreline - Khushkar were fetching at the time (AED 775). 409's AED 119,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Dec 20242,200,000
13 Oct 20221,650,000
8 Aug 20221,555,092
14 Jan 2022166,635
0 1-bed sales in the last 12 months

Shoreline - Khushkar

Building

132 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%
Shoreline - Khushkar, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 132 units in Shoreline - Khushkar
Value
4012-bedAED 1.85M · Mar 2017
4023-bedAED 3M · Jul 2022
4033-bedAED 1.8M · Jan 2011
4041-bedAED 600K · Apr 2009
4052-bedAED 1.35M · Nov 2010
4062-bedAED 2.1M · Sep 2017
4072-bedAED 5.1M · Jun 2024
1–7 of 11

409, Shoreline - Khushkar in numbers

  • Sold 3 times: first on 26 February 2009 for AED 600,000, last on 29 August 2012 for AED 1,150,000 (AED 1,004 per sqft).
  • Rented since October 2013 on 13 Ejari contracts. The rent fell from AED 104,718 to AED 62,000 in 2020 and recovered to AED 119,000 by September 2025.
  • At AED 119,000 a year the gross yield on the 2012 price is 10.3%, before a service charge of about AED 18,000 a year (AED 15.70 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.

Questions about 409, Shoreline - Khushkar

What did unit 409 last sell for?

AED 1,150,000 on 29 August 2012: AED 1,004 per sqft for 1,145 sqft. The unit has 3 registered sales; the first was AED 600,000 in February 2009.

What is the rent for unit 409?

AED 119,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2025, was AED 170,000; the unit has been rented since October 2013.

How big is unit 409?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 4th floor of a 11-storey tower completed in 2007.

What is unit 409 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 409, Shoreline - Khushkar

Starts from the last sale price (AED 1.15M, 29 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →