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

505, Shoreline - Khushkar

Sold prices and rental history: sold 3 times, last in April 2023, and rented once, from January 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 7 April 2023
Last soldAED 2.5M7 April 2023
Current rentAED 150K /yr20 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Shoreline - Khushkar

What is 505 worth today?

Last sold for AED 2,500,000 in 2023

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7 Apr 2023SoldReady
AED 2,500,000AED 1,612 per sqft
22 Oct 2018SoldReady
AED 1,450,000AED 935 per sqft
20 Jan 2016RentedNew contract
AED 150,000/yr12 months · AED 97 per sqft
26 Feb 2009Sold by developerReady
AED 790,000AED 509 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 April 2023.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
5th of 11
Parking
B1-69
Developer
Nakheel
Completed
2007
Service charge
AED 24,300 /yr
Last sold
AED 2.5M · April 2023

About 505, Shoreline - Khushkar

505 is a two-bedroom apartment of 1,551 sqft on the 5th floor of Shoreline - Khushkar, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 7 April 2023 for AED 2,500,000, or AED 1,612 per sqft, 26% above the AED 1,278 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 January 2016. The current contract, signed on 20 January 2016, is AED 150,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 24,300 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Shoreline - Khushkar
2M4M2009201420192024Typical sale price by year: 2009 AED 825,000; 2010 AED 1,550,000; 2011 AED 1,555,000; 2012 AED 1,300,000; 2013 AED 1,575,000; 2014 AED 2,550,000; 2015 AED 1,300,000; 2017 AED 2,000,000; 2018 AED 1,650,000; 2020 AED 1,600,000; 2021 AED 1,662,500; 2022 AED 2,000,000; 2023 AED 2,500,000; 2024 AED 3,375,000; 2025 AED 3,637,500Sold by developer, February 2009: AED 790,000 (AED 509 per sqft)Sold, October 2018: AED 1,450,000 (AED 935 per sqft)Sold, April 2023: AED 2,500,000 (AED 1,612 per sqft)

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

Rents
Unit 505, each contractTypical two-bed in Shoreline - Khushkar
100K150K2011201520192023Typical rent by year: 2011 AED 120,000; 2012 AED 124,847; 2013 AED 135,000; 2014 AED 145,343; 2015 AED 158,763; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 125,000; 2019 AED 115,500; 2020 AED 99,000; 2021 AED 95,000; 2022 AED 120,000; 2023 AED 152,000; 2024 AED 170,000; 2025 AED 173,250New contract, January 2016: AED 150,000 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 - Khushkar, and where 505 sits

All 62 2-beds →

505 last sold in April 2023 at AED 1,612 per sqft, 26% above what two-beds in Shoreline - Khushkar were fetching at the time (AED 1,278). 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. 505's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Jan 20265,300,000
23 Dec 20253,900,000
25 Jun 20253,900,000
7 Apr 20253,200,000
2 2-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 5th floor

All 132 units in Shoreline - Khushkar
Value
5012-bedAED 3.2M · Apr 2025
5023-bedAED 2.85M · Aug 2013
5033-bedAED 1.15M · Dec 2009
5041-bedAED 600K · Apr 2009
5062-bedAED 1.98M · Nov 2018
5072-bedAED 1.75M · Mar 2021
5082-bedAED 3.1M · Sep 2023
1–7 of 11

505, Shoreline - Khushkar in numbers

  • Sold 3 times: first on 26 February 2009 for AED 790,000, last on 7 April 2023 for AED 2,500,000 (AED 1,612 per sqft).
  • Rented since January 2016 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 6.0%, 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 7 April 2023.

Questions about 505, Shoreline - Khushkar

What did unit 505 last sell for?

AED 2,500,000 on 7 April 2023: AED 1,612 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 790,000 in February 2009.

What is the rent for unit 505?

AED 150,000 a year on the contract signed on 20 January 2016.

How big is unit 505?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2007.

What is unit 505 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 505, Shoreline - Khushkar

Starts from the last sale price (AED 2.5M, 7 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →