2-bed · 1,551 sqftShoreline - Sarrood, Palm Jumeirah · 4th floor · completed 2007

405, Shoreline - Sarrood

Sold prices and rental history: sold twice, last in December 2009, 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 9 March 2025
Last soldAED 1.52M17 December 2009
Current rentAED 185K /yr9 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Shoreline - Sarrood

What is 405 worth today?

Last sold for AED 1,519,200 in 2009

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9 Mar 2025RentedRenewal
AED 185,000/yr12 months · AED 119 per sqft
9 Mar 2024RentedRenewal
AED 185,000/yr12 months · AED 119 per sqft
9 Mar 2023RentedNew contract
AED 185,000/yr12 months · AED 119 per sqft
22 Dec 2021RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
22 Dec 2020RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
1 Nov 2019RentedRenewal
AED 110,000/yr12 months · AED 71 per sqft
1 Nov 2018RentedRenewal
AED 125,000/yr12 months · AED 81 per sqft
1 Nov 2017RentedRenewal
AED 140,000/yr12 months · AED 90 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 March 2025.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
4th of 9
Parking
B2-49
Developer
Nakheel
Completed
2007
Service charge
AED 26,500 /yr
Last sold
AED 1.52M · December 2009

About 405, Shoreline - Sarrood

405 is a two-bedroom apartment of 1,551 sqft on the 4th floor of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 17 December 2009 for AED 1,519,200, or AED 979 per sqft, 86% above the AED 525 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 9 March 2025, is AED 185,000 a year: a gross yield of 12.2% on the 2009 price, before the service charge of about AED 26,500 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Shoreline - Sarrood
2M20092013201720212025Typical sale price by year: 2009 AED 1,025,000; 2010 AED 1,575,000; 2011 AED 1,300,000; 2012 AED 1,585,000; 2013 AED 1,850,000; 2014 AED 2,350,000; 2016 AED 2,250,000; 2017 AED 1,725,000; 2020 AED 1,395,000; 2021 AED 1,700,000; 2022 AED 2,200,000; 2023 AED 2,500,000; 2024 AED 3,190,000Sold, December 2009: AED 1,519,200 (AED 979 per sqft)Sold by developer, December 2009: AED 790,000 (AED 509 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Shoreline - Sarrood
100K150K200K2012201620202024Typical rent by year: 2012 AED 122,000; 2013 AED 129,000; 2014 AED 155,000; 2015 AED 155,000; 2016 AED 155,000; 2017 AED 144,000; 2018 AED 128,000; 2019 AED 115,000; 2020 AED 105,000; 2021 AED 102,000; 2022 AED 109,549; 2023 AED 160,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 185,000New contract, September 2013: AED 145,000 a yearRenewal, September 2014: AED 154,435 a yearNew contract, July 2015: AED 160,000 a yearRenewal, November 2017: AED 140,000 a yearRenewal, November 2018: AED 125,000 a yearRenewal, November 2019: AED 110,000 a yearNew contract, December 2020: AED 85,000 a yearRenewal, December 2021: AED 85,000 a yearNew contract, March 2023: AED 185,000 a yearRenewal, March 2024: AED 185,000 a yearRenewal, March 2025: AED 185,000 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 - Sarrood, and where 405 sits

All 52 2-beds →

405 last sold in December 2009 at AED 979 per sqft, 86% above what two-beds in Shoreline - Sarrood were fetching at the time (AED 525). 405's AED 185,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Nov 20243,000,000
25 Oct 20244,000,000
24 Jun 20243,280,000
19 Feb 20243,100,000
0 2-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
4041-bedAED 985K · Jun 2011
4062-bedAED 1.44M · Nov 2020
407AED 4.65M · Aug 2025
4082-bedAED 790K · Jul 2013
1–7 of 11

405, Shoreline - Sarrood in numbers

  • Sold twice: first on 8 December 2009 for AED 790,000, last on 17 December 2009 for AED 1,519,200 (AED 979 per sqft).
  • Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 145,000 to AED 85,000 in 2021 and recovered to AED 185,000 by March 2025.
  • At AED 185,000 a year the gross yield on the 2009 price is 12.2%, before a service charge of about AED 26,500 a year (AED 17.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 9 March 2025.

Questions about 405, Shoreline - Sarrood

What did unit 405 last sell for?

AED 1,519,200 on 17 December 2009: AED 979 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 790,000 in December 2009.

What is the rent for unit 405?

AED 185,000 a year on the contract renewed on 9 March 2025. The previous contract, from March 2024, was AED 185,000; the unit has been rented since September 2013.

How big is unit 405?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 405 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 405, Shoreline - Sarrood

Starts from the last sale price (AED 1.52M, 17 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,519,200
Deposit, UAE resident (20%)
AED 303,840
Deposit, non-resident (40%)
AED 607,680
Monthly over 25 years at 3.7%
AED 6,216

Plus AED 68,816 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →