3-bed · 2,213 sqftShoreline - Sultana, Palm Jumeirah · 5th floor · completed 2007

511, Shoreline - Sultana

Sold prices and rental history: sold twice, last 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.

Unit 511 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 2M29 April 2009
Current rentAED 220K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Shoreline - Sultana

What is 511 worth today?

Last sold for AED 2,000,000 in 2009

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1 Apr 2025RentedRenewal
AED 220,000/yr12 months · AED 99 per sqft
1 Apr 2024RentedNew contract
AED 220,000/yr12 months · AED 99 per sqft
9 Mar 2023RentedRenewal
AED 160,136/yr8 months · AED 72 per sqft
9 Mar 2022RentedRenewal
AED 146,000/yr12 months · AED 66 per sqft
9 Mar 2021RentedRenewal
AED 127,000/yr12 months · AED 57 per sqft
2 Dec 2017RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft
21 May 2015RentedNew contract
AED 220,000/yr12 months · AED 99 per sqft
21 May 2014RentedNew contract
AED 220,000/yr12 months · AED 99 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.

Key facts

Type
3-bed apartment
Size
2,213 sqft
Floor
5th of 8
Parking
1B2-103,1B2-104
Developer
Nakheel
Completed
2007
Service charge
AED 31,800 /yr
Last sold
AED 2M · April 2009

About 511, Shoreline - Sultana

511 is a three-bedroom apartment of 2,213 sqft on the 5th floor of Shoreline - Sultana, a 8-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 29 April 2009 for AED 2,000,000, or AED 903 per sqft, 52% above the AED 594 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 220,000 a year: a gross yield of 11.0% on the 2009 price, before the service charge of about AED 31,800 a year.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical three-bed in Shoreline - Sultana
2.5M5M2009201420192024Typical sale price by year: 2009 AED 1,275,000; 2011 AED 2,541,250; 2019 AED 2,045,000; 2022 AED 3,500,000; 2023 AED 3,850,000; 2025 AED 5,800,000Sold by developer, March 2009: AED 2,630,000 (AED 1,188 per sqft)Sold, April 2009: AED 2,000,000 (AED 903 per sqft)

511 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 511, each contractTypical three-bed in Shoreline - Sultana
100K200K300K2013201720212025Typical rent by year: 2013 AED 190,000; 2014 AED 220,000; 2015 AED 215,000; 2016 AED 200,000; 2017 AED 187,000; 2018 AED 167,500; 2019 AED 155,000; 2020 AED 150,000; 2021 AED 153,000; 2022 AED 171,950; 2023 AED 232,500; 2024 AED 248,750; 2025 AED 285,000; 2026 AED 260,000New contract, May 2013: AED 219,000 a yearNew contract, May 2014: AED 220,000 a yearNew contract, May 2015: AED 220,000 a yearNew contract, December 2017: AED 160,000 a yearRenewal, March 2021: AED 127,000 a yearRenewal, March 2022: AED 146,000 a yearRenewal, March 2023: AED 160,136 a yearNew contract, April 2024: AED 220,000 a yearRenewal, April 2025: AED 220,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shoreline - Sultana, and where 511 sits

All 32 3-beds →

511 last sold in April 2009 at AED 903 per sqft, 52% above what three-beds in Shoreline - Sultana were fetching at the time (AED 594). Over the last 12 months three-beds sold for AED 5,500,000 to 6,600,000, around AED 2,690 per sqft, and rent for AED 200,000 to 285,000 a year. 511's AED 220,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Feb 20265,500,000
6 Feb 20266,600,000
29 Dec 20255,500,000
12 Dec 20256,250,000
4 3-bed sales in the last 12 months

Shoreline - Sultana

Building

95 apartments, 1-bed to 4-bed over 8 floors in Palm Jumeirah, completed in 2007 by Nakheel. 6 sold in the last 12 months.

Typical price per sqft
AED 2,987
Typical sale
AED 6.32M
Typical rent
AED 260K /yr
Typical yield
4.2%
Shoreline - Sultana, Palm Jumeirah: prices, sales and rents →

Other units on the 5th floor

All 95 units in Shoreline - Sultana
Value
5012-bedAED 1.9M · May 2017
5023-bedAED 5.5M · Feb 2026
5033-bedAED 3.8M · Sep 2022
5041-bedAED 1.7M · Feb 2021
5052-bedAED 2.55M · Jun 2012
506AED 6.85M · Sep 2025
5072-bedAED 6.12M · Jan 2025
1–7 of 11

511, Shoreline - Sultana in numbers

  • Sold twice: first on 2 March 2009 for AED 2,630,000, last on 29 April 2009 for AED 2,000,000 (AED 903 per sqft).
  • Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 219,000 to AED 127,000 in 2021 and recovered to AED 220,000 by April 2025.
  • At AED 220,000 a year the gross yield on the 2009 price is 11.0%, before a service charge of about AED 31,800 a year (AED 14.39 per sqft).
  • Three-beds in Shoreline - Sultana sold for AED 5,500,000–6,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,987 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.

Questions about 511, Shoreline - Sultana

What did unit 511 last sell for?

AED 2,000,000 on 29 April 2009: AED 903 per sqft for 2,213 sqft. The unit has 2 registered sales; the first was AED 2,630,000 in March 2009.

What is the rent for unit 511?

AED 220,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 220,000; the unit has been rented since May 2013.

How big is unit 511?

2,213 sqft (205.6 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2007.

What is unit 511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Sultana sold for AED 5,500,000 to 6,600,000 in the last 12 months, around AED 2,690 per sqft.

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Mortgage on 511, Shoreline - Sultana

Starts from the last sale price (AED 2M, 29 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →