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

409, Shoreline - Sarrood

Sold prices and rental history: sold once, by the developer in February 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 29 March 2025
Last soldAED 600K10 February 2010
Current rentAED 107K /yr29 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Shoreline - Sarrood

What is 409 worth today?

Last sold for AED 600,000 in 2010

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29 Mar 2025RentedRenewal
AED 107,146/yr12 months · AED 94 per sqft
29 Mar 2024RentedRenewal
AED 97,405/yr12 months · AED 85 per sqft
29 Mar 2023RentedRenewal
AED 88,550/yr12 months · AED 77 per sqft
29 Mar 2021RentedNew contract
AED 70,000/yr12 months · AED 61 per sqft
22 Mar 2020RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft
17 Nov 2013RentedNew contract
AED 105,000/yr12 months · AED 92 per sqft
1 Nov 2012RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft
10 Feb 2010Sold by developerReady
AED 600,000AED 523 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 March 2025.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
4th of 9
Parking
B2-61
Developer
Nakheel
Completed
2007
Service charge
AED 19,600 /yr
Last sold
AED 600K · February 2010

About 409, Shoreline - Sarrood

409 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. The developer sold it on 10 February 2010 for AED 600,000, or AED 523 per sqft, 4% below the AED 545 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 29 March 2025, is AED 107,146 a year: a gross yield of 17.9% on the 2010 price, before the service charge of about AED 19,600 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, February 2010: AED 600,000 (AED 523 per sqft)

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

Rents
Unit 409, 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, November 2012: AED 85,000 a yearNew contract, November 2013: AED 105,000 a yearNew contract, March 2020: AED 75,000 a yearNew contract, March 2021: AED 70,000 a yearRenewal, March 2023: AED 88,550 a yearRenewal, March 2024: AED 97,405 a yearRenewal, March 2025: AED 107,146 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 409 sits

All 21 1-beds →

409 last sold in February 2010 at AED 523 per sqft, 4% below what one-beds in Shoreline - Sarrood were fetching at the time (AED 545).

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
4041-bedAED 985K · Jun 2011
4052-bedAED 1.52M · Dec 2009
4062-bedAED 1.44M · Nov 2020
407AED 4.65M · Aug 2025
1–7 of 11

409, Shoreline - Sarrood in numbers

  • Sold once: by Nakheel on 10 February 2010 for AED 600,000, or AED 523 per sqft.
  • Rented since November 2012 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 70,000 in 2021 and recovered to AED 107,146 by March 2025.
  • At AED 107,146 a year the gross yield on the 2010 price is 17.9%, 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 29 March 2025.

Questions about 409, Shoreline - Sarrood

What did unit 409 last sell for?

AED 600,000 on 10 February 2010, sold by the developer: AED 523 per sqft for 1,145 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 107,146 a year on the contract renewed on 29 March 2025. The previous contract, from March 2024, was AED 97,405; the unit has been rented since November 2012.

How big is unit 409?

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 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 - Sarrood

Starts from the last sale price (AED 600K, 10 February 2010). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →