2-bed · 1,586 sqftShoreline - Shahla, Palm Jumeirah · 2nd floor · completed 2007

201, Shoreline - Shahla

Sold prices and rental history: sold twice, last in June 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.38M24 June 2019
Current rentAED 170K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Shoreline - Shahla

What is 201 worth today?

Last sold for AED 1,375,000 in 2019

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15 Aug 2024RentedRenewal
AED 170,000/yr12 months · AED 107 per sqft
15 Aug 2023RentedNew contract
AED 170,000/yr12 months · AED 107 per sqft
24 Jun 2019SoldReady
AED 1,375,000AED 867 per sqft
15 Nov 2017RentedRenewal
AED 140,000/yr12 months · AED 88 per sqft
15 Nov 2016RentedRenewal
AED 150,000/yr12 months · AED 95 per sqft
15 Nov 2013RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft
19 Apr 2009Sold by developerReady
AED 800,000AED 504 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
2nd of 9
Parking
B2-27
Developer
Nakheel
Completed
2007
Service charge
AED 28,800 /yr
Last sold
AED 1.38M · June 2019

About 201, Shoreline - Shahla

201 is a two-bedroom apartment of 1,586 sqft on the 2nd floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 24 June 2019 for AED 1,375,000, or AED 867 per sqft, in line with the AED 859 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 170,000 a year: a gross yield of 12.4% on the 2019 price, before the service charge of about AED 28,800 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical two-bed in Shoreline - Shahla
2M20092013201720212025Typical sale price by year: 2009 AED 1,025,000; 2010 AED 2,085,000; 2012 AED 1,650,000; 2013 AED 2,300,000; 2014 AED 2,750,000; 2015 AED 2,300,000; 2016 AED 2,012,500; 2018 AED 1,707,077; 2019 AED 1,460,000; 2021 AED 1,900,000; 2022 AED 2,290,000; 2023 AED 2,900,000; 2024 AED 3,275,000Sold by developer, April 2009: AED 800,000 (AED 504 per sqft)Sold, June 2019: AED 1,375,000 (AED 867 per sqft)

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

Rents
Unit 201, each contractTypical two-bed in Shoreline - Shahla
100K150K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 130,000; 2014 AED 159,100; 2015 AED 157,500; 2016 AED 155,000; 2017 AED 140,000; 2018 AED 136,500; 2019 AED 112,500; 2020 AED 100,000; 2021 AED 105,000; 2022 AED 135,000; 2023 AED 147,000; 2024 AED 167,500; 2025 AED 184,800New contract, November 2013: AED 140,000 a yearRenewal, November 2016: AED 150,000 a yearRenewal, November 2017: AED 140,000 a yearNew contract, August 2023: AED 170,000 a yearRenewal, August 2024: AED 170,000 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 - Shahla, and where 201 sits

All 50 2-beds →

201 last sold in June 2019 at AED 867 per sqft, in line with what two-beds in Shoreline - Shahla were fetching at the time (AED 859). 201's AED 170,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jan 20253,300,000
26 Dec 20244,050,000
23 Aug 20243,150,000
21 Jun 20243,650,000
0 2-bed sales in the last 12 months

Shoreline - Shahla

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 2,143
Typical sale
AED 4.71M
Typical rent
AED 180K /yr
Typical yield
5.6%
Shoreline - Shahla, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 108 units in Shoreline - Shahla
Value
2023-bedAED 2.8M · Dec 2014
2033-bedAED 2.97M · Nov 2016
2041-bedAED 600K · Apr 2009
2052-bedAED 2.15M · Oct 2013
2062-bedAED 1.42M · Oct 2019
207AED 1.5M · Dec 2018
2082-bedAED 2M · Sep 2016
1–7 of 11

201, Shoreline - Shahla in numbers

  • Sold twice: first on 19 April 2009 for AED 800,000, last on 24 June 2019 for AED 1,375,000 (AED 867 per sqft).
  • Rented since November 2013 on 5 Ejari contracts, from AED 140,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2019 price is 12.4%, before a service charge of about AED 28,800 a year (AED 18.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Questions about 201, Shoreline - Shahla

What did unit 201 last sell for?

AED 1,375,000 on 24 June 2019: AED 867 per sqft for 1,586 sqft. The unit has 2 registered sales; the first was AED 800,000 in April 2009.

What is the rent for unit 201?

AED 170,000 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 170,000; the unit has been rented since November 2013.

How big is unit 201?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2007.

What is unit 201 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 201, Shoreline - Shahla

Starts from the last sale price (AED 1.38M, 24 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

Plus AED 62,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →