2-bed · 1,586 sqftShoreline - Shahla, Palm Jumeirah · 4th floor · completed 2007

412, Shoreline - Shahla

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 28 January 2025
Last soldAED 3.3M28 January 2025
Current rentAED 138K /yr11 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Shoreline - Shahla

What is 412 worth today?

Last sold for AED 3,300,000 in 2025

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28 Jan 2025SoldReady
AED 3,300,000AED 2,080 per sqft
11 Feb 2024RentedRenewal
AED 137,500/yr12 months · AED 87 per sqft
11 Feb 2023RentedRenewal
AED 125,000/yr12 months · AED 79 per sqft
11 Feb 2022RentedRenewal
AED 105,000/yr12 months · AED 66 per sqft
1 Feb 2020RentedNew contract
AED 108,000/yr12 months · AED 68 per sqft
11 Jan 2019RentedRenewal
AED 135,000/yr12 months · AED 85 per sqft
10 Jan 2018RentedRenewal
AED 144,212/yr12 months · AED 91 per sqft
10 Jan 2017RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 January 2025.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
4th of 9
Parking
B2-58
Developer
Nakheel
Completed
2007
Service charge
AED 28,800 /yr
Last sold
AED 3.3M · January 2025

About 412, Shoreline - Shahla

412 is a two-bedroom apartment of 1,586 sqft on the 4th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 28 January 2025 for AED 3,300,000, or AED 2,080 per sqft, in line with the AED 2,028 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 11 February 2024, is AED 137,500 a year: a gross yield of 4.2% on the 2025 price, before the service charge of about AED 28,800 a year.

Sales and rents for 412 over time

Sales
Unit 412, each saleTypical two-bed in Shoreline - Shahla
2M2009201420192024Typical 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 3,068,500 (AED 1,934 per sqft)Sold, January 2025: AED 3,300,000 (AED 2,080 per sqft)

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

Rents
Unit 412, 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, April 2013: AED 135,000 a yearNew contract, April 2014: AED 155,250 a yearNew contract, April 2015: AED 155,250 a yearNew contract, June 2016: AED 150,000 a yearNew contract, January 2017: AED 140,000 a yearRenewal, January 2018: AED 144,212 a yearRenewal, January 2019: AED 135,000 a yearNew contract, February 2020: AED 108,000 a yearRenewal, February 2022: AED 105,000 a yearRenewal, February 2023: AED 125,000 a yearRenewal, February 2024: AED 137,500 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 412 sits

All 50 2-beds →

412 last sold in January 2025 at AED 2,080 per sqft, in line with what two-beds in Shoreline - Shahla were fetching at the time (AED 2,028). 412's AED 137,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Dec 20244,050,000
23 Aug 20243,150,000
21 Jun 20243,650,000
7 Jun 20242,725,000
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
4052-bedAED 900K · Feb 2022
4062-bedAED 4.05M · Dec 2024
4072-bedAED 3.65M · Jun 2024
1–7 of 11

412, Shoreline - Shahla in numbers

  • Sold twice: first on 20 April 2009 for AED 3,068,500, last on 28 January 2025 for AED 3,300,000 (AED 2,080 per sqft).
  • Rented since April 2013 on 11 Ejari contracts. The rent fell from AED 135,000 to AED 105,000 in 2022 and recovered to AED 137,500 by February 2024.
  • At AED 137,500 a year the gross yield on the 2025 price is 4.2%, 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 28 January 2025.

Questions about 412, Shoreline - Shahla

What did unit 412 last sell for?

AED 3,300,000 on 28 January 2025: AED 2,080 per sqft for 1,586 sqft. The unit has 2 registered sales; the first was AED 3,068,500 in April 2009.

What is the rent for unit 412?

AED 137,500 a year on the contract renewed on 11 February 2024. The previous contract, from February 2023, was AED 125,000; the unit has been rented since April 2013.

How big is unit 412?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2007.

What is unit 412 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 412, Shoreline - Shahla

Starts from the last sale price (AED 3.3M, 28 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →