2-bed · 1,551 sqftShoreline - Tamr, Palm Jumeirah · 7th floor · completed 2007

705, Shoreline - Tamr

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 5 August 2022
Last soldAED 2.17M5 August 2022
Current rentAED 105K /yr7 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Shoreline - Tamr

What is 705 worth today?

Last sold for AED 2,165,000 in 2022

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5 Aug 2022SoldReady
AED 2,165,000AED 1,395 per sqft
7 Nov 2021RentedRenewal
AED 105,000/yr12 months · AED 68 per sqft
7 Nov 2019RentedNew contract
AED 105,000/yr12 months · AED 68 per sqft
24 Oct 2018RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
4 Nov 2013RentedNew contract
AED 135,000/yr12 months · AED 87 per sqft
4 Nov 2012RentedNew contract
AED 135,000/yr12 months · AED 87 per sqft
13 Sep 2009Sold by developerReady
AED 2,950,000AED 1,902 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2022.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
7th of 10
Parking
B2-101
Developer
Nakheel
Completed
2007
Service charge
AED 21,300 /yr
Last sold
AED 2.17M · August 2022

About 705, Shoreline - Tamr

705 is a two-bedroom apartment of 1,551 sqft on the 7th floor of Shoreline - Tamr, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 5 August 2022 for AED 2,165,000, or AED 1,395 per sqft, 12% above the AED 1,244 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 7 November 2021, is AED 105,000 a year: a gross yield of 4.9% on the 2022 price, before the service charge of about AED 21,300 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical two-bed in Shoreline - Tamr
2M20092013201720212025Typical sale price by year: 2009 AED 815,000; 2010 AED 1,400,000; 2011 AED 1,290,000; 2012 AED 1,410,000; 2014 AED 2,400,000; 2015 AED 2,260,000; 2016 AED 2,000,000; 2017 AED 1,975,000; 2022 AED 2,425,000; 2023 AED 2,387,500; 2024 AED 3,150,000Sold by developer, September 2009: AED 2,950,000 (AED 1,902 per sqft)Sold, August 2022: AED 2,165,000 (AED 1,395 per sqft)

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

Rents
Unit 705, each contractTypical two-bed in Shoreline - Tamr
100K150K2012201620202024Typical rent by year: 2012 AED 133,125; 2013 AED 125,000; 2014 AED 145,000; 2015 AED 155,000; 2016 AED 152,270; 2017 AED 143,000; 2018 AED 132,500; 2019 AED 117,500; 2020 AED 100,000; 2021 AED 98,000; 2022 AED 116,975; 2023 AED 152,500; 2024 AED 170,000; 2025 AED 176,000New contract, November 2012: AED 135,000 a yearNew contract, November 2013: AED 135,000 a yearRenewal, October 2018: AED 130,000 a yearNew contract, November 2019: AED 105,000 a yearRenewal, November 2021: AED 105,000 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 - Tamr, and where 705 sits

All 39 2-beds →

705 last sold in August 2022 at AED 1,395 per sqft, 12% above what two-beds in Shoreline - Tamr were fetching at the time (AED 1,244). 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. 705's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Apr 20253,560,000
17 Feb 20254,700,000
16 Dec 20243,200,000
26 Nov 20243,500,000
1 2-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 7th floor

All 84 units in Shoreline - Tamr
Value
7033-bedAED 1.18M · Apr 2009
7062-bedNo registered sale
7072-bedAED 2.45M · Dec 2022
7091-bedAED 1.05M · Jul 2019
7103-bedAED 1.93M · Nov 2020
7113-bedAED 1.18M · Mar 2009
7122-bedAED 825K · Mar 2009

705, Shoreline - Tamr in numbers

  • Sold twice: first on 13 September 2009 for AED 2,950,000, last on 5 August 2022 for AED 2,165,000 (AED 1,395 per sqft).
  • Rented since November 2012 on 5 Ejari contracts, from AED 135,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 4.9%, 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 5 August 2022.

Questions about 705, Shoreline - Tamr

What did unit 705 last sell for?

AED 2,165,000 on 5 August 2022: AED 1,395 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 2,950,000 in September 2009.

What is the rent for unit 705?

AED 105,000 a year on the contract renewed on 7 November 2021. The previous contract, from November 2019, was AED 105,000; the unit has been rented since November 2012.

How big is unit 705?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2007.

What is unit 705 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 705, Shoreline - Tamr

Starts from the last sale price (AED 2.17M, 5 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,165,000
Deposit, UAE resident (20%)
AED 433,000
Deposit, non-resident (40%)
AED 866,000
Monthly over 25 years at 3.7%
AED 8,858

Plus AED 95,940 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →