2-bed · 2,000 sqftShoreline - Shahla, Palm Jumeirah · 7th floor · completed 2007

706, Shoreline - Shahla

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 4 November 2025
Last soldAED 3.44M21 September 2023
Current rentAED 205K /yr4 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Shoreline - Shahla

What is 706 worth today?

Last sold for AED 3,435,000 in 2023

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4 Nov 2025RentedRenewal
AED 205,000/yr12 months · AED 103 per sqft
4 Nov 2024RentedRenewal
AED 205,000/yr12 months · AED 103 per sqft
4 Nov 2024RentedRenewal
AED 205,000/yr12 months · AED 103 per sqft
21 Sep 2023SoldReady
AED 3,435,000AED 1,717 per sqft
3 Aug 2022RentedNew contract
AED 160,000/yr12 months · AED 80 per sqft
22 Jul 2021RentedRenewal
AED 120,000/yr12 months · AED 60 per sqft
22 Jul 2020RentedRenewal
AED 112,500/yr12 months · AED 56 per sqft
22 Jul 2018RentedRenewal
AED 150,000/yr12 months · AED 75 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 November 2025.

Key facts

Type
2-bed apartment
Size
2,000 sqft
Floor
7th of 9
Parking
B2-134
Developer
Nakheel
Completed
2007
Service charge
AED 36,300 /yr
Last sold
AED 3.44M · September 2023

About 706, Shoreline - Shahla

706 is a two-bedroom apartment of 2,000 sqft on the 7th floor of Shoreline - Shahla, a 9-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 21 September 2023 for AED 3,435,000, or AED 1,717 per sqft, 18% above the AED 1,460 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 4 November 2025, is AED 205,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 36,300 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, April 2009: AED 1,050,000 (AED 525 per sqft)Sold, October 2012: AED 1,650,000 (AED 825 per sqft)Sold, September 2023: AED 3,435,000 (AED 1,717 per sqft)

706 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 706, 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, June 2013: AED 167,910 a yearNew contract, July 2014: AED 165,000 a yearNew contract, July 2015: AED 170,000 a yearNew contract, July 2017: AED 150,000 a yearRenewal, July 2018: AED 150,000 a yearRenewal, July 2020: AED 112,500 a yearRenewal, July 2021: AED 120,000 a yearNew contract, August 2022: AED 160,000 a yearRenewal, November 2024: AED 205,000 a yearRenewal, November 2024: AED 205,000 a yearRenewal, November 2025: AED 205,000 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 706 sits

All 50 2-beds →

706 last sold in September 2023 at AED 1,717 per sqft, 18% above what two-beds in Shoreline - Shahla were fetching at the time (AED 1,460). 706's AED 205,000 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 7th floor

All 108 units in Shoreline - Shahla
Value
7012-bedAED 825K · Apr 2009
7023-bedAED 1.18M · Apr 2009
7033-bedAED 1.8M · Jul 2009
7041-bedAED 1.4M · Jun 2019
7052-bedAED 1.3M · Jun 2010
7072-bedAED 1.05M · Apr 2009
7082-bedAED 2.2M · Apr 2009
1–7 of 11

706, Shoreline - Shahla in numbers

  • Sold 3 times: first on 20 April 2009 for AED 1,050,000, last on 21 September 2023 for AED 3,435,000 (AED 1,717 per sqft).
  • Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 167,910 to AED 112,500 in 2020 and recovered to AED 205,000 by November 2025.
  • At AED 205,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 36,300 a year (AED 18.13 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 4 November 2025.

Questions about 706, Shoreline - Shahla

What did unit 706 last sell for?

AED 3,435,000 on 21 September 2023: AED 1,717 per sqft for 2,000 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in April 2009.

What is the rent for unit 706?

AED 205,000 a year on the contract renewed on 4 November 2025. The previous contract, from November 2024, was AED 205,000; the unit has been rented since June 2013.

How big is unit 706?

2,000 sqft (185.8 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2007.

What is unit 706 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 706, Shoreline - Shahla

Starts from the last sale price (AED 3.44M, 21 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,435,000
Deposit, UAE resident (20%)
AED 687,000
Deposit, non-resident (40%)
AED 1,374,000
Monthly over 25 years at 3.7%
AED 14,054

Plus AED 149,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →