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

404, Shoreline - Sarrood

Sold prices and rental history: sold 3 times, last 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 404 · DLD and Ejari recordsUpdated 20 March 2024
Last soldAED 985K22 June 2011
Current rentAED 135K /yr20 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Shoreline - Sarrood

What is 404 worth today?

Last sold for AED 985,000 in 2011

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20 Mar 2024RentedNew contract
AED 135,000/yr12 months · AED 118 per sqft
15 Nov 2020RentedNew contract
AED 64,000/yr12 months · AED 56 per sqft
5 Aug 2019RentedNew contract
AED 84,000/yr12 months · AED 74 per sqft
11 Apr 2018RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
6 Oct 2017RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
15 Dec 2015RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
27 May 2014RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
18 Mar 2013RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2024.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
4th of 9
Parking
B2-48
Developer
Nakheel
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 985K · June 2011

About 404, Shoreline - Sarrood

404 is a one-bedroom apartment of 1,145 sqft on the 4th floor of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 22 June 2011 for AED 985,000, or AED 859 per sqft, in line with the AED 859 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 20 March 2024, is AED 135,000 a year: a gross yield of 13.7% on the 2011 price, before the service charge of about AED 19,600 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Shoreline - Sarrood
1M2M2009201420192024Typical sale price by year: 2009 AED 625,000; 2011 AED 930,000; 2012 AED 625,000; 2013 AED 1,675,000; 2018 AED 1,240,000; 2021 AED 1,225,000; 2022 AED 1,735,000; 2023 AED 1,850,000; 2025 AED 1,800,000Sold by developer, August 2009: AED 600,000 (AED 523 per sqft)Sold, January 2011: AED 1,000,000 (AED 873 per sqft)Sold, June 2011: AED 985,000 (AED 859 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Shoreline - Sarrood
100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 100,000; 2014 AED 118,000; 2015 AED 120,000; 2016 AED 115,000; 2017 AED 100,000; 2018 AED 98,000; 2019 AED 84,000; 2020 AED 68,250; 2021 AED 75,000; 2022 AED 88,000; 2023 AED 93,500; 2024 AED 130,000; 2025 AED 133,500New contract, March 2013: AED 110,000 a yearNew contract, May 2014: AED 125,000 a yearNew contract, December 2015: AED 125,000 a yearNew contract, October 2017: AED 100,000 a yearNew contract, April 2018: AED 100,000 a yearNew contract, August 2019: AED 84,000 a yearNew contract, November 2020: AED 64,000 a yearNew contract, March 2024: AED 135,000 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 - Sarrood, and where 404 sits

All 21 1-beds →

404 last sold in June 2011 at AED 859 per sqft, in line with what one-beds in Shoreline - Sarrood were fetching at the time (AED 859).

Recent 1-bed salesUnit no.Price (AED)Summary
13 May 20251,300,000
5 May 20252,300,000
22 Apr 20252,960,000
10 Apr 20251,300,000
0 1-bed sales in the last 12 months

Shoreline - Sarrood

Building

108 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2007 by Nakheel. 2 sold in the last 12 months.

Typical price per sqft
AED 2,624
Typical sale
AED 5.7M
Typical rent
AED 185K /yr
Typical yield
4.3%
Shoreline - Sarrood, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 108 units in Shoreline - Sarrood
Value
4012-bedAED 2.23M · Apr 2015
4023-bedAED 2.6M · Apr 2017
4033-bedAED 1.2M · Jun 2011
4052-bedAED 1.52M · Dec 2009
4062-bedAED 1.44M · Nov 2020
407AED 4.65M · Aug 2025
4082-bedAED 790K · Jul 2013
1–7 of 11

404, Shoreline - Sarrood in numbers

  • Sold 3 times: first on 5 August 2009 for AED 600,000, last on 22 June 2011 for AED 985,000 (AED 859 per sqft).
  • Rented since March 2013 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 64,000 in 2020 and recovered to AED 135,000 by March 2024.
  • At AED 135,000 a year the gross yield on the 2011 price is 13.7%, before a service charge of about AED 19,600 a year (AED 17.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2024.

Questions about 404, Shoreline - Sarrood

What did unit 404 last sell for?

AED 985,000 on 22 June 2011: AED 859 per sqft for 1,145 sqft. The unit has 3 registered sales; the first was AED 600,000 in August 2009.

What is the rent for unit 404?

AED 135,000 a year on the contract signed on 20 March 2024. The previous contract, from November 2020, was AED 64,000; the unit has been rented since March 2013.

How big is unit 404?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 404 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 404, Shoreline - Sarrood

Starts from the last sale price (AED 985K, 22 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 985,000
Deposit, UAE resident (20%)
AED 197,000
Deposit, non-resident (40%)
AED 394,000
Monthly over 25 years at 3.7%
AED 4,030

Plus AED 46,380 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →