409, Shoreline - Shahla
Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Shoreline - Shahla
What is 409 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 14 November 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 1,145 sqft
- Floor
- 4th of 9
- Parking
- B2-60
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 20,800 /yr
- Last sold
- AED 600K · April 2009
- Building
- Shoreline - Shahla
About 409, Shoreline - Shahla
409 is a one-bedroom apartment of 1,145 sqft on the 4th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 21 April 2009 for AED 600,000, or AED 524 per sqft, 4% below the AED 546 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 14 November 2021, is AED 85,000 a year: a gross yield of 14.2% on the 2009 price, before the service charge of about AED 20,800 a year.
Sales and rents for 409 over time
409 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Shoreline - Shahla, and where 409 sits
All 20 1-beds →409 last sold in April 2009 at AED 524 per sqft, 4% below what one-beds in Shoreline - Shahla were fetching at the time (AED 546).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Mar 20251 March 2025 | 1,145 sqft | 1,900,000 | 1,659 | ||
| 15 Nov 202415 November 2024 | 1,145 sqft | 2,250,000 | 1,965 | ||
| 22 Jul 202422 July 2024 | 1,145 sqft | 2,900,000 | 2,533 | ||
| 22 Nov 202322 November 2023 | 1,145 sqft | 2,160,000 | 1,887 |
Shoreline - Shahla
Building108 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%
Other units on the 4th floor
All 108 units in Shoreline - Shahla| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,586 sqft | AED 1.8MAED 1,800,000 · Apr 2013April 2013 | 144,000 /yr | |
| 402 | 3-bed | 2,218 sqft | AED 3.2MAED 3,200,000 · Apr 2009April 2009 | ||
| 403 | 3-bed | 2,157 sqft | AED 1.75MAED 1,750,000 · Jan 2021January 2021 | 135,000 /yr | |
| 404 | 1-bed | 1,145 sqft | AED 1.42MAED 1,420,000 · Nov 2017November 2017 | 135,000 /yr | |
| 405 | 2-bed | 775 sqft | AED 900KAED 900,000 · Feb 2022February 2022 | 180,000 /yr | |
| 406 | 2-bed | 1,997 sqft | AED 4.05MAED 4,050,000 · Dec 2024December 2024 | 245,000 /yr | |
| 407 | 2-bed | 1,997 sqft | AED 3.65MAED 3,650,000 · Jun 2024June 2024 | 205,000 /yr | |
| 408 | 1,551 sqft | AED 3.8MAED 3,800,000 · Aug 2025August 2025 | 171,074 /yr | ||
| 410 | 3-bed | 2,157 sqft | AED 4.75MAED 4,750,000 · Apr 2025April 2025 | 170,858 /yr | |
| 411 | 3-bed | 2,218 sqft | AED 1.76MAED 1,760,000 · Feb 2020February 2020 | ||
| 412 | 2-bed | 1,586 sqft | AED 3.3MAED 3,300,000 · Jan 2025January 2025 | 137,500 /yr |
409, Shoreline - Shahla in numbers
- Sold once: by Nakheel on 21 April 2009 for AED 600,000, or AED 524 per sqft.
- Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2020 and recovered to AED 85,000 by November 2021.
- At AED 85,000 a year the gross yield on the 2009 price is 14.2%, before a service charge of about AED 20,800 a year (AED 18.13 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 14 November 2021.
Questions about 409, Shoreline - Shahla
What did unit 409 last sell for?
AED 600,000 on 21 April 2009, sold by the developer: AED 524 per sqft for 1,145 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 85,000 a year on the contract signed on 14 November 2021. The previous contract, from October 2020, was AED 65,000; the unit has been rented since November 2013.
How big is unit 409?
1,145 sqft (106.4 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.
What is unit 409 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 409, Shoreline - Shahla
Starts from the last sale price (AED 600K, 21 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →