2-bed · 1,551 sqftShoreline - Sarrood, Palm Jumeirah · 7th floor · completed 2007

708, Shoreline - Sarrood

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 10 June 2025
Last soldAED 815K13 May 2009
Current rentAED 185K /yr10 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Shoreline - Sarrood

What is 708 worth today?

Last sold for AED 815,000 in 2009

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10 Jun 2025RentedNew contract
AED 185,000/yr12 months · AED 119 per sqft
7 Jun 2024RentedRenewal
AED 190,000/yr12 months · AED 123 per sqft
7 Jun 2023RentedNew contract
AED 190,000/yr12 months · AED 123 per sqft
20 Dec 2019RentedRenewal
AED 110,000/yr12 months · AED 71 per sqft
20 Dec 2018RentedNew contract
AED 115,000/yr12 months · AED 74 per sqft
23 Oct 2017RentedRenewal
AED 139,625/yr12 months · AED 90 per sqft
23 Oct 2016RentedRenewal
AED 155,000/yr12 months · AED 100 per sqft
23 Oct 2015RentedRenewal
AED 155,000/yr12 months · AED 100 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2025.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
7th of 9
Parking
B2-109
Developer
Nakheel
Completed
2007
Service charge
AED 26,500 /yr
Last sold
AED 815K · May 2009

About 708, Shoreline - Sarrood

708 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. The developer sold it on 13 May 2009 for AED 815,000, or AED 525 per sqft, in line with the AED 521 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 10 June 2025, is AED 185,000 a year: a gross yield of 22.7% on the 2009 price, before the service charge of about AED 26,500 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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 by developer, May 2009: AED 815,000 (AED 525 per sqft)

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

Rents
Unit 708, 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, June 2013: AED 130,000 a yearNew contract, October 2014: AED 155,000 a yearRenewal, October 2015: AED 155,000 a yearRenewal, October 2016: AED 155,000 a yearRenewal, October 2017: AED 139,625 a yearNew contract, December 2018: AED 115,000 a yearRenewal, December 2019: AED 110,000 a yearNew contract, June 2023: AED 190,000 a yearRenewal, June 2024: AED 190,000 a yearNew contract, June 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 708 sits

All 52 2-beds →

708 last sold in May 2009 at AED 525 per sqft, in line with what two-beds in Shoreline - Sarrood were fetching at the time (AED 521). 708'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 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
7062-bedAED 1.05M · Jun 2009
7072-bedAED 2.2M · May 2022
1–7 of 11

708, Shoreline - Sarrood in numbers

  • Sold once: by Nakheel on 13 May 2009 for AED 815,000, or AED 525 per sqft.
  • Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 110,000 in 2019 and recovered to AED 185,000 by June 2025.
  • At AED 185,000 a year the gross yield on the 2009 price is 22.7%, 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 10 June 2025.

Questions about 708, Shoreline - Sarrood

What did unit 708 last sell for?

AED 815,000 on 13 May 2009, sold by the developer: AED 525 per sqft for 1,551 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 185,000 a year on the contract signed on 10 June 2025. The previous contract, from June 2024, was AED 190,000; the unit has been rented since June 2013.

How big is unit 708?

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 708 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 708, Shoreline - Sarrood

Starts from the last sale price (AED 815K, 13 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 815,000
Deposit, UAE resident (20%)
AED 163,000
Deposit, non-resident (40%)
AED 326,000
Monthly over 25 years at 3.7%
AED 3,334

Plus AED 39,240 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →