705, Shoreline - Shahla
Sold prices and rental history: sold twice, last in June 2010, 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 705, Shoreline - Shahla
What is 705 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 27 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 7th of 9
- Parking
- B1-73
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 28,100 /yr
- Last sold
- AED 1.3M · June 2010
- Building
- Shoreline - Shahla
About 705, Shoreline - Shahla
705 is a two-bedroom apartment of 1,551 sqft on the 7th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 28 June 2010 for AED 1,300,000, or AED 838 per sqft, 7% below the AED 903 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 27 February 2024, is AED 165,000 a year: a gross yield of 12.7% on the 2010 price, before the service charge of about AED 28,100 a year.
Sales and rents for 705 over time
705 has sold twice; 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 705 sits
All 50 2-beds →705 last sold in June 2010 at AED 838 per sqft, 7% below what two-beds in Shoreline - Shahla were fetching at the time (AED 903). 705's AED 165,000 is in the upper 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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,589 sqft | AED 825KAED 825,000 · Apr 2009April 2009 | 150,000 /yr | |
| 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 | |
| 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 |
705, Shoreline - Shahla in numbers
- Sold twice: first on 16 April 2009 for AED 2,220,000, last on 28 June 2010 for AED 1,300,000 (AED 838 per sqft).
- Rented since January 2013 on 11 Ejari contracts. The rent fell from AED 145,000 to AED 120,000 in 2022 and recovered to AED 165,000 by February 2024.
- At AED 165,000 a year the gross yield on the 2010 price is 12.7%, before a service charge of about AED 28,100 a year (AED 18.13 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 27 February 2024.
Questions about 705, Shoreline - Shahla
What did unit 705 last sell for?
AED 1,300,000 on 28 June 2010: AED 838 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 2,220,000 in April 2009.
What is the rent for unit 705?
AED 165,000 a year on the contract renewed on 27 February 2024. The previous contract, from February 2024, was AED 165,000; the unit has been rented since January 2013.
How big is unit 705?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.
What is unit 705 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 705, Shoreline - Shahla
Starts from the last sale price (AED 1.3M, 28 June 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →