1-bed · 1,145 sqftShoreline - Tamr, Palm Jumeirah · 4th floor · completed 2007

409, Shoreline - Tamr

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 600K2 March 2009
Current rentAED 145K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Shoreline - Tamr

What is 409 worth today?

Last sold for AED 600,000 in 2009

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1 Apr 2024RentedNew contract
AED 145,000/yr12 months · AED 127 per sqft
5 Dec 2023RentedNew contract
AED 135,000/yr12 months · AED 118 per sqft
6 Oct 2022RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
27 Feb 2021RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft
15 Aug 2018RentedRenewal
AED 105,000/yr12 months · AED 92 per sqft
15 Aug 2017RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
25 Nov 2014RentedRenewal
AED 109,250/yr12 months · AED 96 per sqft
25 Nov 2013RentedRenewal
AED 95,000/yr12 months · AED 83 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2024.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
4th of 10
Parking
B2-59
Developer
Nakheel
Completed
2007
Service charge
AED 15,800 /yr
Last sold
AED 600K · March 2009

About 409, Shoreline - Tamr

409 is a one-bedroom apartment of 1,145 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 600,000, or AED 523 per sqft, 4% below the AED 545 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 1 April 2024, is AED 145,000 a year: a gross yield of 24.2% on the 2009 price, before the service charge of about AED 15,800 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Shoreline - Tamr
1M2M20092013201720212025Typical sale price by year: 2009 AED 625,000; 2011 AED 1,000,000; 2013 AED 1,150,000; 2021 AED 1,150,000; 2023 AED 1,360,000; 2024 AED 2,350,000Sold by developer, March 2009: AED 600,000 (AED 523 per sqft)

409 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 409, each contractTypical one-bed in Shoreline - Tamr
100K150K2012201620202024Typical rent by year: 2012 AED 92,500; 2013 AED 92,500; 2014 AED 109,250; 2015 AED 115,000; 2016 AED 115,000; 2017 AED 112,625; 2018 AED 97,500; 2019 AED 80,000; 2020 AED 75,000; 2021 AED 72,500; 2022 AED 97,375; 2023 AED 105,000; 2024 AED 140,000; 2025 AED 151,500New contract, November 2012: AED 90,000 a yearRenewal, November 2013: AED 95,000 a yearRenewal, November 2014: AED 109,250 a yearNew contract, August 2017: AED 110,000 a yearRenewal, August 2018: AED 105,000 a yearNew contract, February 2021: AED 75,000 a yearNew contract, October 2022: AED 120,000 a yearNew contract, December 2023: AED 135,000 a yearNew contract, April 2024: AED 145,000 a year

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

1-beds in Shoreline - Tamr, and where 409 sits

All 17 1-beds →

409 last sold in March 2009 at AED 523 per sqft, 4% below what one-beds in Shoreline - Tamr were fetching at the time (AED 545). Over the last 12 months one-beds sold for AED 2,800,000, around AED 2,444 per sqft, and rent for AED 117,860 to 175,000 a year. 409's AED 145,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Apr 20252,900,000
10 Oct 20242,450,000
23 Sep 20242,350,000
1 Apr 20242,325,000
1 1-bed sale in the last 12 months

Shoreline - Tamr

Building

84 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%
Shoreline - Tamr, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 84 units in Shoreline - Tamr
Value
4012-bedAED 1.4M · Apr 2021
4023-bedAED 3.73M · Feb 2024
4033-bedAED 5.3M · Dec 2025
4041-bedAED 2.05M · Sep 2023
405No registered sale
4072-bedAED 4.7M · Feb 2025
4082-bedAED 790K · Mar 2009
1–7 of 9

409, Shoreline - Tamr in numbers

  • Sold once: by Nakheel on 2 March 2009 for AED 600,000, or AED 523 per sqft.
  • Rented since November 2012 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2021 and recovered to AED 145,000 by April 2024.
  • At AED 145,000 a year the gross yield on the 2009 price is 24.2%, before a service charge of about AED 15,800 a year (AED 13.76 per sqft).
  • One-beds in Shoreline - Tamr sold for AED 2,800,000–2,800,000 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 1 April 2024.

Questions about 409, Shoreline - Tamr

What did unit 409 last sell for?

AED 600,000 on 2 March 2009, sold by the developer: AED 523 per sqft for 1,145 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 145,000 a year on the contract signed on 1 April 2024. The previous contract, from December 2023, was AED 135,000; the unit has been rented since November 2012.

How big is unit 409?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2007.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shoreline - Tamr sold for AED 2,800,000 to 2,800,000 in the last 12 months, around AED 2,444 per sqft.

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Mortgage on 409, Shoreline - Tamr

Starts from the last sale price (AED 600K, 2 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →