2-bed · 1,589 sqftShoreline - Shahla, Palm Jumeirah · 6th floor · completed 2007

601, Shoreline - Shahla

Sold prices and rental history: sold once, by the developer in January 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 2 February 2025
Last soldAED 2.8M25 January 2012
Current rentAED 190K /yr2 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Shoreline - Shahla

What is 601 worth today?

Last sold for AED 2,799,000 in 2012

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2 Feb 2025RentedRenewal
AED 190,000/yr12 months · AED 119 per sqft
30 Dec 2022RentedRenewal
AED 130,000/yr12 months · AED 82 per sqft
30 Dec 2021RentedRenewal
AED 105,000/yr12 months · AED 66 per sqft
30 Dec 2018RentedRenewal
AED 122,000/yr12 months · AED 77 per sqft
15 May 2017RentedNew contract
AED 143,500/yr12 months · AED 91 per sqft
23 Apr 2016RentedRenewal
AED 170,000/yr12 months · AED 107 per sqft
23 Apr 2015RentedNew contract
AED 170,000/yr12 months · AED 107 per sqft
23 Oct 2014RentedNew contract
AED 171,000/yr6 months · AED 108 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 February 2025.

Key facts

Type
2-bed apartment
Size
1,589 sqft
Floor
6th of 9
Parking
B2-101
Developer
Nakheel
Completed
2007
Service charge
AED 28,800 /yr
Last sold
AED 2.8M · January 2012

About 601, Shoreline - Shahla

601 is a two-bedroom apartment of 1,589 sqft on the 6th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 25 January 2012 for AED 2,799,000, or AED 1,761 per sqft, 98% above the AED 889 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 2 February 2025, is AED 190,000 a year: a gross yield of 6.8% on the 2012 price, before the service charge of about AED 28,800 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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, January 2012: AED 2,799,000 (AED 1,761 per sqft)

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

Rents
Unit 601, each contractTypical two-bed in Shoreline - Shahla
100K200K2012201620202024Typical 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 2012: AED 63,000 a yearNew contract, April 2014: AED 165,000 a yearNew contract, October 2014: AED 171,000 a yearNew contract, April 2015: AED 170,000 a yearRenewal, April 2016: AED 170,000 a yearNew contract, May 2017: AED 143,500 a yearRenewal, December 2018: AED 122,000 a yearRenewal, December 2021: AED 105,000 a yearRenewal, December 2022: AED 130,000 a yearRenewal, February 2025: AED 190,000 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 601 sits

All 50 2-beds →

601 last sold in January 2012 at AED 1,761 per sqft, 98% above what two-beds in Shoreline - Shahla were fetching at the time (AED 889). 601's AED 190,000 is at the top 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 6th floor

All 108 units in Shoreline - Shahla
Value
6023-bedAED 1.65M · Sep 2009
6033-bedAED 1.8M · Jul 2010
6041-bedAED 1.9M · Mar 2025
6052-bedAED 1.5M · Jul 2019
6062-bedAED 1.05M · Apr 2009
6072-bedAED 1.9M · May 2021
6082-bedAED 815K · Apr 2009
1–7 of 11

601, Shoreline - Shahla in numbers

  • Sold once: by Nakheel on 25 January 2012 for AED 2,799,000, or AED 1,761 per sqft.
  • Rented since November 2012 on 10 Ejari contracts, from AED 63,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2012 price is 6.8%, 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 2 February 2025.

Questions about 601, Shoreline - Shahla

What did unit 601 last sell for?

AED 2,799,000 on 25 January 2012, sold by the developer: AED 1,761 per sqft for 1,589 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 190,000 a year on the contract renewed on 2 February 2025. The previous contract, from December 2022, was AED 130,000; the unit has been rented since November 2012.

How big is unit 601?

1,589 sqft (147.6 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2007.

What is unit 601 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 601, Shoreline - Shahla

Starts from the last sale price (AED 2.8M, 25 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,799,000
Deposit, UAE resident (20%)
AED 559,800
Deposit, non-resident (40%)
AED 1,119,600
Monthly over 25 years at 3.7%
AED 11,452

Plus AED 122,568 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →