2-bed · 1,550 sqftShoreline - Nabat, Palm Jumeirah · 4th floor

405, Shoreline - Nabat

Sold prices and rental history: sold once, by the developer in June 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 28 February 2025
Last soldAED 4.25M22 June 2011
Current rentAED 250K /yr28 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Shoreline - Nabat

What is 405 worth today?

Last sold for AED 4,250,000 in 2011

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Feb 2025RentedNew contract
AED 250,000/yr12 months · AED 161 per sqft
13 May 2015RentedNew contract
AED 190,000/yr12 months · AED 123 per sqft
7 Jul 2014RentedNew contract
AED 173,250/yr12 months · AED 112 per sqft
7 Jul 2013RentedNew contract
AED 165,000/yr12 months · AED 106 per sqft
22 Jun 2011Sold by developerReady
AED 4,250,000AED 2,741 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 February 2025.

Key facts

Type
2-bed apartment
Size
1,550 sqft
Floor
4th of 9
Parking
EUB8B02C104
Service charge
AED 17,800 /yr
Last sold
AED 4.25M · June 2011

About 405, Shoreline - Nabat

405 is a two-bedroom apartment of 1,550 sqft on the 4th floor of Shoreline - Nabat, a 9-storey tower in Palm Jumeirah. The developer sold it on 22 June 2011 for AED 4,250,000, or AED 2,741 per sqft, 75% above the AED 1,567 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 28 February 2025, is AED 250,000 a year: a gross yield of 5.9% on the 2011 price, before the service charge of about AED 17,800 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Shoreline - Nabat
2M4M20092013201720212025Typical sale price by year: 2009 AED 1,281,500; 2010 AED 1,310,000; 2011 AED 1,830,000; 2012 AED 3,000,000; 2013 AED 2,360,000; 2014 AED 2,700,000; 2016 AED 3,050,000; 2019 AED 2,306,000; 2021 AED 2,050,000; 2023 AED 3,825,000; 2024 AED 3,330,000Sold by developer, June 2011: AED 4,250,000 (AED 2,741 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Shoreline - Nabat
100K200K2012201620202024Typical rent by year: 2012 AED 175,000; 2013 AED 162,150; 2014 AED 182,500; 2015 AED 187,213; 2016 AED 185,000; 2017 AED 160,000; 2018 AED 153,000; 2019 AED 140,000; 2020 AED 127,500; 2021 AED 120,000; 2022 AED 150,000; 2023 AED 165,000; 2024 AED 195,000; 2025 AED 215,000New contract, July 2013: AED 165,000 a yearNew contract, July 2014: AED 173,250 a yearNew contract, May 2015: AED 190,000 a yearNew contract, February 2025: AED 250,000 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 - Nabat, and where 405 sits

All 51 2-beds →

405 last sold in June 2011 at AED 2,741 per sqft, 75% above what two-beds in Shoreline - Nabat were fetching at the time (AED 1,567). Over the last 12 months two-beds sold for AED 7,500,000, around AED 3,761 per sqft, and rent for AED 213,000 to 295,000 a year. 405's AED 250,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Dec 20257,500,000
20 Dec 20243,330,000
8 Oct 20246,225,000
26 Mar 20242,825,000
1 2-bed sale in the last 12 months

Shoreline - Nabat

Building

119 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah. 2 sold in the last 12 months.

Typical price per sqft
AED 3,095
Typical sale
AED 6.45M
Typical rent
AED 221K /yr
Typical yield
4.2%
Shoreline - Nabat, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 119 units in Shoreline - Nabat
Value
4012-bedAED 910K · Mar 2010
4023-bedAED 1.22M · Dec 2009
4033-bedAED 4.1M · Sep 2013
404AED 3.5M · Oct 2025
4062-bedAED 3M · May 2011
4072-bedAED 1.48M · Jan 2010
4082-bedAED 4.85M · Nov 2023
1–7 of 11

405, Shoreline - Nabat in numbers

  • Sold once: by the developer on 22 June 2011 for AED 4,250,000, or AED 2,741 per sqft.
  • Rented since July 2013 on 4 Ejari contracts, from AED 165,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2011 price is 5.9%, before a service charge of about AED 17,800 a year (AED 11.50 per sqft).
  • Two-beds in Shoreline - Nabat sold for AED 7,500,000–7,500,000 in the 12 months to November 2026; the building's median across all types is AED 3,095 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 28 February 2025.

Questions about 405, Shoreline - Nabat

What did unit 405 last sell for?

AED 4,250,000 on 22 June 2011, sold by the developer: AED 2,741 per sqft for 1,550 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 250,000 a year on the contract signed on 28 February 2025. The previous contract, from May 2015, was AED 190,000; the unit has been rented since July 2013.

How big is unit 405?

1,550 sqft (144.0 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Nabat sold for AED 7,500,000 to 7,500,000 in the last 12 months, around AED 3,761 per sqft.

Selling 405? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 405, Shoreline - Nabat

Starts from the last sale price (AED 4.25M, 22 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 4,250,000
Deposit, UAE resident (20%)
AED 850,000
Deposit, non-resident (40%)
AED 1,700,000
Monthly over 25 years at 3.7%
AED 17,388

Plus AED 183,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →