701, Shoreline - Shahla
Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Shoreline - Shahla
What is 701 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,589 sqft
- Floor
- 7th of 9
- Parking
- B2-82
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 28,800 /yr
- Last sold
- AED 825K · April 2009
- Building
- Shoreline - Shahla
About 701, Shoreline - Shahla
701 is a two-bedroom apartment of 1,589 sqft on the 7th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 20 April 2009 for AED 825,000, or AED 519 per sqft, in line with the AED 525 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 132,000 a year: a gross yield of 16.0% on the 2009 price, before the service charge of about AED 28,800 a year.
Sales and rents for 701 over time
701 has sold once; the dashed line is the two-bed median of each year in the building.
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 701 sits
All 50 2-beds →701 last sold in April 2009 at AED 519 per sqft, in line with what two-beds in Shoreline - Shahla were fetching at the time (AED 525). 701's AED 132,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jan 202528 January 2025 | 1,586 sqft | 3,300,000 | 2,080 | ||
| 26 Dec 202426 December 2024 | 1,997 sqft | 4,050,000 | 2,028 | ||
| 23 Aug 202423 August 2024 | 1,551 sqft | 3,150,000 | 2,031 | ||
| 21 Jun 202421 June 2024 | 1,997 sqft | 3,650,000 | 1,828 |
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 7th floor
All 108 units in Shoreline - Shahla| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 2,187 sqft | AED 1.18MAED 1,175,000 · Apr 2009April 2009 | 185,000 /yr | |
| 703 | 3-bed | 2,157 sqft | AED 1.8MAED 1,800,000 · Jul 2009July 2009 | ||
| 704 | 1-bed | 1,145 sqft | AED 1.4MAED 1,400,000 · Jun 2019June 2019 | 120,750 /yr | |
| 705 | 2-bed | 1,551 sqft | AED 1.3MAED 1,300,000 · Jun 2010June 2010 | 165,000 /yr | |
| 706 | 2-bed | 2,000 sqft | AED 3.44MAED 3,435,000 · Sep 2023September 2023 | 205,000 /yr | |
| 707 | 2-bed | 2,000 sqft | AED 1.05MAED 1,050,000 · Apr 2009April 2009 | 200,000 /yr | |
| 708 | 2-bed | 1,551 sqft | AED 2.2MAED 2,200,000 · Apr 2009April 2009 | 50,000 /yr | |
| 709 | 1,145 sqft | AED 2.65MAED 2,650,000 · Oct 2025October 2025 | 140,000 /yr | ||
| 710 | 3-bed | 2,157 sqft | AED 3.2MAED 3,200,000 · Apr 2009April 2009 | 193,250 /yr | |
| 711 | 3-bed | 2,187 sqft | AED 3.3MAED 3,300,000 · Apr 2023April 2023 | 175,000 /yr | |
| 712 | 2-bed | 1,589 sqft | AED 2.03MAED 2,025,000 · Nov 2016November 2016 | 164,450 /yr |
701, Shoreline - Shahla in numbers
- Sold once: by Nakheel on 20 April 2009 for AED 825,000, or AED 519 per sqft.
- Rented since June 2014 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 100,000 in 2021 and recovered to AED 132,000 by July 2025.
- At AED 132,000 a year the gross yield on the 2009 price is 16.0%, 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 1 July 2025.
Questions about 701, Shoreline - Shahla
What did unit 701 last sell for?
AED 825,000 on 20 April 2009, sold by the developer: AED 519 per sqft for 1,589 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 132,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2025, was AED 150,000; the unit has been rented since June 2014.
How big is unit 701?
1,589 sqft (147.6 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.
What is unit 701 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 701, Shoreline - Shahla
Starts from the last sale price (AED 825K, 20 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 825,000
- Deposit, UAE resident (20%)
- AED 165,000
- Deposit, non-resident (40%)
- AED 330,000
- Monthly over 25 years at 3.7%
- AED 3,375
Plus AED 39,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →