707, Shoreline - Shahla
Sold prices and rental history: sold once, by the developer in April 2009, 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 707, Shoreline - Shahla
What is 707 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,000 sqft
- Floor
- 7th of 9
- Parking
- B2-59
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 36,300 /yr
- Last sold
- AED 1.05M · April 2009
- Building
- Shoreline - Shahla
About 707, Shoreline - Shahla
707 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. The developer sold it on 19 April 2009 for AED 1,050,000, or AED 525 per sqft, in line with the AED 522 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 15 June 2024, is AED 200,000 a year: a gross yield of 19.1% on the 2009 price, before the service charge of about AED 36,300 a year.
Sales and rents for 707 over time
707 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 707 sits
All 50 2-beds →707 last sold in April 2009 at AED 525 per sqft, in line with what two-beds in Shoreline - Shahla were fetching at the time (AED 522). 707's AED 200,000 is at the top 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 | |
| 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 | |
| 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 |
707, Shoreline - Shahla in numbers
- Sold once: by Nakheel on 19 April 2009 for AED 1,050,000, or AED 525 per sqft.
- Rented since October 2013 on 9 Ejari contracts, from AED 138,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2009 price is 19.1%, 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 15 June 2024.
Questions about 707, Shoreline - Shahla
What did unit 707 last sell for?
AED 1,050,000 on 19 April 2009, sold by the developer: AED 525 per sqft for 2,000 sqft. It is the only registered sale of the unit.
What is the rent for unit 707?
AED 200,000 a year on the contract signed on 15 June 2024. The previous contract, from June 2023, was AED 136,500; the unit has been rented since October 2013.
How big is unit 707?
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 707 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 707, Shoreline - Shahla
Starts from the last sale price (AED 1.05M, 19 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →