2-bed · 775 sqftShoreline - Shahla, Palm Jumeirah · 4th floor · completed 2007

405, Shoreline - Shahla

Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 3 December 2025
Last soldAED 900K24 February 2022
Current rentAED 180K /yr3 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Shoreline - Shahla

What is 405 worth today?

Last sold for AED 900,000 in 2022

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3 Dec 2025RentedNew contract
AED 180,000/yr12 months · AED 116 per sqft
1 Nov 2025RentedRenewal
AED 160,388/yr12 months · AED 103 per sqft
1 Nov 2024RentedRenewal
AED 147,600/yr12 months · AED 95 per sqft
1 Nov 2024RentedRenewal
AED 147,600/yr12 months · AED 95 per sqft
1 Nov 2022RentedRenewal
AED 98,175/yr12 months · AED 63 per sqft
24 Feb 2022SoldReady
AED 900,000AED 1,160 per sqft
1 Nov 2021RentedRenewal
AED 89,250/yr12 months · AED 58 per sqft
30 Mar 2019RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 December 2025.

Key facts

Type
2-bed apartment
Size
775 sqft
Floor
4th of 9
Parking
B2-64
Developer
Nakheel
Completed
2007
Service charge
AED 14,100 /yr
Last sold
AED 900K · February 2022

About 405, Shoreline - Shahla

405 is a two-bedroom apartment of 775 sqft on the 4th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 24 February 2022 for AED 900,000, or AED 1,160 per sqft, 13% above the AED 1,025 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 3 December 2025, is AED 180,000 a year: a gross yield of 20.0% on the 2022 price, before the service charge of about AED 14,100 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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 790,000 (AED 509 per sqft)Sold, February 2022: AED 900,000 (AED 1,160 per sqft)

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

Rents
Unit 405, 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, February 2017: AED 140,000 a yearRenewal, March 2019: AED 130,000 a yearRenewal, November 2021: AED 89,250 a yearRenewal, November 2022: AED 98,175 a yearRenewal, November 2024: AED 147,600 a yearRenewal, November 2024: AED 147,600 a yearRenewal, November 2025: AED 160,388 a yearNew contract, December 2025: AED 180,000 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 405 sits

All 50 2-beds →

405 last sold in February 2022 at AED 1,160 per sqft, 13% above what two-beds in Shoreline - Shahla were fetching at the time (AED 1,025). 405's AED 180,000 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 4th floor

All 108 units in Shoreline - Shahla
Value
4012-bedAED 1.8M · Apr 2013
4023-bedAED 3.2M · Apr 2009
4033-bedAED 1.75M · Jan 2021
4041-bedAED 1.42M · Nov 2017
4062-bedAED 4.05M · Dec 2024
4072-bedAED 3.65M · Jun 2024
408AED 3.8M · Aug 2025
1–7 of 11

405, Shoreline - Shahla in numbers

  • Sold twice: first on 19 April 2009 for AED 790,000, last on 24 February 2022 for AED 900,000 (AED 1,160 per sqft).
  • Rented since February 2017 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 89,250 in 2021 and recovered to AED 180,000 by December 2025.
  • At AED 180,000 a year the gross yield on the 2022 price is 20.0%, before a service charge of about AED 14,100 a year (AED 18.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 3 December 2025.

Questions about 405, Shoreline - Shahla

What did unit 405 last sell for?

AED 900,000 on 24 February 2022: AED 1,160 per sqft for 775 sqft. The unit has 2 registered sales; the first was AED 790,000 in April 2009.

What is the rent for unit 405?

AED 180,000 a year on the contract signed on 3 December 2025. The previous contract, from November 2025, was AED 160,388; the unit has been rented since February 2017.

How big is unit 405?

775 sqft (72.0 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 405 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 405, Shoreline - Shahla

Starts from the last sale price (AED 900K, 24 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →