2-bed · 1,994 sqftShoreline - Sarrood, Palm Jumeirah · 7th floor · completed 2007

706, Shoreline - Sarrood

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 4 August 2025
Last soldAED 1.05M14 June 2009
Current rentAED 176K /yr4 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Shoreline - Sarrood

What is 706 worth today?

Last sold for AED 1,050,000 in 2009

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4 Aug 2025RentedRenewal
AED 176,000/yr12 months · AED 88 per sqft
4 Aug 2024RentedRenewal
AED 176,000/yr12 months · AED 88 per sqft
4 Aug 2023RentedRenewal
AED 160,000/yr12 months · AED 80 per sqft
4 Aug 2022RentedNew contract
AED 160,000/yr12 months · AED 80 per sqft
21 Jun 2022RentedRenewal
AED 109,848/yr1 months · AED 55 per sqft
20 May 2021RentedNew contract
AED 109,565/yr13 months · AED 55 per sqft
23 Dec 2020RentedRenewal
AED 112,000/yr12 months · AED 56 per sqft
23 Oct 2020RentedRenewal
AED 135,000/yr2 months · AED 68 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 August 2025.

Key facts

Type
2-bed apartment
Size
1,994 sqft
Floor
7th of 9
Parking
B2-107
Developer
Nakheel
Completed
2007
Service charge
AED 34,100 /yr
Last sold
AED 1.05M · June 2009

About 706, Shoreline - Sarrood

706 is a two-bedroom apartment of 1,994 sqft on the 7th floor of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 14 June 2009 for AED 1,050,000, or AED 526 per sqft, in line with the AED 525 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 14 Ejari contracts. The current contract, renewed on 4 August 2025, is AED 176,000 a year: a gross yield of 16.8% on the 2009 price, before the service charge of about AED 34,100 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical two-bed in Shoreline - Sarrood
1M2M3M20092013201720212025Typical 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 by developer, June 2009: AED 1,050,000 (AED 526 per sqft)

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

Rents
Unit 706, each contractTypical two-bed in Shoreline - Sarrood
100K150K20112015201920232027Typical 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, May 2011: AED 125,000 a yearNew contract, June 2012: AED 125,000 a yearRenewal, June 2013: AED 125,000 a yearNew contract, June 2014: AED 143,750 a yearRenewal, October 2018: AED 135,000 a yearRenewal, October 2019: AED 135,000 a yearRenewal, October 2020: AED 135,000 a yearRenewal, December 2020: AED 112,000 a yearNew contract, May 2021: AED 109,565 a yearRenewal, June 2022: AED 109,848 a yearNew contract, August 2022: AED 160,000 a yearRenewal, August 2023: AED 160,000 a yearRenewal, August 2024: AED 176,000 a yearRenewal, August 2025: AED 176,000 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 706 sits

All 52 2-beds →

706 last sold in June 2009 at AED 526 per sqft, in line with what two-beds in Shoreline - Sarrood were fetching at the time (AED 525). 706's AED 176,000 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 7th floor

All 108 units in Shoreline - Sarrood
Value
7012-bedAED 825K · May 2009
7023-bedAED 2.62M · Mar 2017
7033-bedAED 2.76M · May 2009
7041-bedAED 1.85M · Feb 2023
7052-bedAED 2.1M · Oct 2013
7072-bedAED 2.2M · May 2022
7082-bedAED 815K · May 2009
1–7 of 11

706, Shoreline - Sarrood in numbers

  • Sold once: by Nakheel on 14 June 2009 for AED 1,050,000, or AED 526 per sqft.
  • Rented since May 2011 on 14 Ejari contracts. The rent fell from AED 125,000 to AED 109,565 in 2021 and recovered to AED 176,000 by August 2025.
  • At AED 176,000 a year the gross yield on the 2009 price is 16.8%, before a service charge of about AED 34,100 a year (AED 17.10 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 4 August 2025.

Questions about 706, Shoreline - Sarrood

What did unit 706 last sell for?

AED 1,050,000 on 14 June 2009, sold by the developer: AED 526 per sqft for 1,994 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 176,000 a year on the contract renewed on 4 August 2025. The previous contract, from August 2024, was AED 176,000; the unit has been rented since May 2011.

How big is unit 706?

1,994 sqft (185.2 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 706 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 706, Shoreline - Sarrood

Starts from the last sale price (AED 1.05M, 14 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →