408, Shoreline - Tamr
Sold prices and rental history: sold once, by the developer in March 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 408, Shoreline - Tamr
What is 408 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 4th of 10
- Parking
- B2-58
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 21,300 /yr
- Last sold
- AED 790K · March 2009
- Building
- Shoreline - Tamr
About 408, Shoreline - Tamr
408 is a two-bedroom apartment of 1,551 sqft on the 4th floor of Shoreline - Tamr, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 2 March 2009 for AED 790,000, or AED 509 per sqft, in line with the AED 513 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 18 March 2025, is AED 170,000 a year: a gross yield of 21.5% on the 2009 price, before the service charge of about AED 21,300 a year.
Sales and rents for 408 over time
408 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 - Tamr, and where 408 sits
All 39 2-beds →408 last sold in March 2009 at AED 509 per sqft, in line with what two-beds in Shoreline - Tamr were fetching at the time (AED 513). Over the last 12 months two-beds sold for AED 3,800,000, around AED 2,450 per sqft, and rent for AED 175,000 to 225,000 a year. 408's AED 170,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Apr 202517 April 2025 | 1,551 sqft | 3,560,000 | 2,295 | ||
| 17 Feb 202517 February 2025 | 1,998 sqft | 4,700,000 | 2,352 | ||
| 16 Dec 202416 December 2024 | 1,583 sqft | 3,200,000 | 2,021 | ||
| 26 Nov 202426 November 2024 | 1,546 sqft | 3,500,000 | 2,263 |
Shoreline - Tamr
Building84 apartments, 1-bed to 4-bed over 10 floors in Palm Jumeirah, completed in 2007 by Nakheel. 4 sold in the last 12 months.
- Typical price per sqft
- AED 2,447
- Typical sale
- AED 4.4M
- Typical rent
- AED 175K /yr
- Typical yield
- 5.1%
Other units on the 4th floor
All 84 units in Shoreline - Tamr| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,586 sqft | AED 1.4MAED 1,400,000 · Apr 2021April 2021 | 250,000 /yr | |
| 402 | 3-bed | 2,221 sqft | AED 3.73MAED 3,725,000 · Feb 2024February 2024 | 165,000 /yr | |
| 403 | 3-bed | 2,161 sqft | AED 5.3MAED 5,300,000 · Dec 2025December 2025 | 179,313 /yr | |
| 404 | 1-bed | 1,145 sqft | AED 2.05MAED 2,050,000 · Sep 2023September 2023 | ||
| 405 | 1,551 sqft | No registered sale | 97,500 /yr | ||
| 407 | 2-bed | 1,998 sqft | AED 4.7MAED 4,700,000 · Feb 2025February 2025 | 102,500 /yr | |
| 409 | 1-bed | 1,145 sqft | AED 600KAED 600,000 · Mar 2009March 2009 | 145,000 /yr | |
| 411 | 3-bed | 1,111 sqft | AED 1.9MAED 1,900,000 · Oct 2023October 2023 | 169,998 /yr | |
| 412 | 2-bed | 1,586 sqft | AED 2MAED 2,000,000 · Jun 2022June 2022 | 125,000 /yr |
408, Shoreline - Tamr in numbers
- Sold once: by Nakheel on 2 March 2009 for AED 790,000, or AED 509 per sqft.
- Rented since April 2013 on 10 Ejari contracts, from AED 120,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2009 price is 21.5%, before a service charge of about AED 21,300 a year (AED 13.76 per sqft).
- Two-beds in Shoreline - Tamr sold for AED 3,800,000–3,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,447 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 18 March 2025.
Questions about 408, Shoreline - Tamr
What did unit 408 last sell for?
AED 790,000 on 2 March 2009, sold by the developer: AED 509 per sqft for 1,551 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 170,000 a year on the contract signed on 18 March 2025. The previous contract, from January 2024, was AED 144,375; the unit has been rented since April 2013.
How big is unit 408?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2007.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Tamr sold for AED 3,800,000 to 3,800,000 in the last 12 months, around AED 2,450 per sqft.
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Mortgage on 408, Shoreline - Tamr
Starts from the last sale price (AED 790K, 2 March 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 790,000
- Deposit, UAE resident (20%)
- AED 158,000
- Deposit, non-resident (40%)
- AED 316,000
- Monthly over 25 years at 3.7%
- AED 3,232
Plus AED 38,190 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →