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2-bed · 1,551 sqftShoreline - Sarrood, Palm Jumeirah · 9th floor · completed 2007

908, Shoreline - Sarrood

Sold prices and rental history: sold twice, last in February 2017, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 22 February 2017
Last soldAED 2.26M22 February 2017
Current rentAED 155K /yr4 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Shoreline - Sarrood

What is 908 worth today?

Last sold for AED 2,260,000 in 2017

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22 Feb 2017SoldReady
AED 2,260,000AED 1,457 per sqft
4 Jan 2015RentedNew contract
AED 155,000/yr24 months · AED 100 per sqft
24 Oct 2013RentedNew contract
AED 148,000/yr12 months · AED 95 per sqft
13 Oct 2012RentedNew contract
AED 125,000/yr12 months · AED 81 per sqft
13 May 2009Sold by developerReady
AED 815,000AED 525 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 February 2017.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
9th of 9
Parking
B2-147
Developer
Nakheel
Completed
2007
Service charge
AED 26,500 /yr
Last sold
AED 2.26M · February 2017
Building
Shoreline - Sarrood

About 908, Shoreline - Sarrood

908 is a two-bedroom apartment of 1,551 sqft on the 9th floor of Shoreline - Sarrood, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 22 February 2017 for AED 2,260,000, or AED 1,457 per sqft, in line with the AED 1,421 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 4 January 2015, is AED 155,000 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 26,500 a year.

Sales and rents for 908 over time

Sales
Unit 908, 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)Sold, February 2017: AED 2,260,000 (AED 1,457 per sqft)

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

Rents
Unit 908, each contractTypical two-bed in Shoreline - Sarrood
100K150K2012201620202024Typical 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, October 2012: AED 125,000 a yearNew contract, October 2013: AED 148,000 a yearNew contract, January 2015: AED 155,000 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 908 sits

All 52 2-beds →

908 last sold in February 2017 at AED 1,457 per sqft, in line with what two-beds in Shoreline - Sarrood were fetching at the time (AED 1,421). 908's AED 155,000 is at the bottom 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 9th floor

All 108 units in Shoreline - Sarrood
Value
9012-bedAED 1.55M · Oct 2018
9023-bedAED 2.2M · Jul 2012
9033-bedAED 4.3M · Apr 2024
9041-bedAED 625K · Apr 2009
9052-bedAED 2.5M · Apr 2023
9062-bedAED 1.9M · Nov 2012
9072-bedAED 1.05M · May 2009
1–7 of 11

908, Shoreline - Sarrood in numbers

  • Sold twice: first on 13 May 2009 for AED 815,000, last on 22 February 2017 for AED 2,260,000 (AED 1,457 per sqft).
  • Rented since October 2012 on 3 Ejari contracts, from AED 125,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2017 price is 6.9%, 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 22 February 2017.

Questions about 908, Shoreline - Sarrood

What did unit 908 last sell for?

AED 2,260,000 on 22 February 2017: AED 1,457 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 908?

AED 155,000 a year on the contract signed on 4 January 2015. The previous contract, from October 2013, was AED 148,000; the unit has been rented since October 2012.

How big is unit 908?

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

What is unit 908 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 908, Shoreline - Sarrood

Starts from the last sale price (AED 2.26M, 22 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,260,000
Deposit, UAE resident (20%)
AED 452,000
Deposit, non-resident (40%)
AED 904,000
Monthly over 25 years at 3.7%
AED 9,246

Plus AED 99,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →