705, Shoreline - Sarrood
Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Shoreline - Sarrood
What is 705 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 7th of 9
- Parking
- B2-102
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 26,500 /yr
- Last sold
- AED 2.1M · October 2013
- Building
- Shoreline - Sarrood
About 705, Shoreline - Sarrood
705 is a two-bedroom apartment of 1,551 sqft on the 7th floor of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 29 October 2013 for AED 2,100,000, or AED 1,354 per sqft, 28% above the AED 1,054 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 8 April 2024, is AED 220,000 a year: a gross yield of 10.5% on the 2013 price, before the service charge of about AED 26,500 a year.
Sales and rents for 705 over time
705 has sold twice; the dashed line is the two-bed median of each year in the building.
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 705 sits
All 52 2-beds →705 last sold in October 2013 at AED 1,354 per sqft, 28% above what two-beds in Shoreline - Sarrood were fetching at the time (AED 1,054). 705's AED 220,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Nov 202427 November 2024 | 1,583 sqft | 3,000,000 | 1,895 | ||
| 25 Oct 202425 October 2024 | 1,994 sqft | 4,000,000 | 2,006 | ||
| 24 Jun 202424 June 2024 | 1,551 sqft | 3,280,000 | 2,115 | ||
| 19 Feb 202419 February 2024 | 1,551 sqft | 3,100,000 | 1,999 |
Shoreline - Sarrood
Building108 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%
Other units on the 7th floor
All 108 units in Shoreline - Sarrood| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,583 sqft | AED 825KAED 825,000 · May 2009May 2009 | ||
| 702 | 3-bed | 2,181 sqft | AED 2.62MAED 2,624,281 · Mar 2017March 2017 | 250,000 /yr | |
| 703 | 3-bed | 2,160 sqft | AED 2.76MAED 2,760,000 · May 2009May 2009 | 183,750 /yr | |
| 704 | 1-bed | 1,145 sqft | AED 1.85MAED 1,850,000 · Feb 2023February 2023 | 145,000 /yr | |
| 706 | 2-bed | 1,994 sqft | AED 1.05MAED 1,050,000 · Jun 2009June 2009 | 176,000 /yr | |
| 707 | 2-bed | 1,994 sqft | AED 2.2MAED 2,200,000 · May 2022May 2022 | 189,000 /yr | |
| 708 | 2-bed | 1,551 sqft | AED 815KAED 815,000 · May 2009May 2009 | 185,000 /yr | |
| 709 | 1-bed | 1,145 sqft | AED 1.9MAED 1,900,000 · Sep 2023September 2023 | 88,000 /yr | |
| 710 | 3-bed | 2,161 sqft | AED 3.1MAED 3,100,000 · May 2022May 2022 | 270,000 /yr | |
| 711 | 3-bed | 2,181 sqft | AED 2.25MAED 2,250,000 · May 2021May 2021 | 125,000 /yr | |
| 712 | 2-bed | 1,583 sqft | AED 825KAED 825,000 · May 2009May 2009 |
705, Shoreline - Sarrood in numbers
- Sold twice: first on 17 May 2009 for AED 815,000, last on 29 October 2013 for AED 2,100,000 (AED 1,354 per sqft).
- Rented since January 2013 on 11 Ejari contracts, from AED 125,000 to AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2013 price is 10.5%, 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 8 April 2024.
Questions about 705, Shoreline - Sarrood
What did unit 705 last sell for?
AED 2,100,000 on 29 October 2013: AED 1,354 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 815,000 in May 2009.
What is the rent for unit 705?
AED 220,000 a year on the contract signed on 8 April 2024. The previous contract, from March 2023, was AED 175,000; the unit has been rented since January 2013.
How big is unit 705?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.
What is unit 705 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 705, Shoreline - Sarrood
Starts from the last sale price (AED 2.1M, 29 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →