Shoreline Apartments - Sold Prices - Market Trends
Market Trends and Sold Prices at Shoreline
Author: Gareth Davies - Award Winning Broker and Property Consultant
The Shoreline community has become a predominantly owner-occupier / end-user market rather than an investor-buyer market. This is a positive because it creates stability in the community and the property market.
There has been a significant decrease in the volume of sales. H1 of 2025 (78 apartments) was 50% of the the sales in H1 of 2023 (155 apartments).
From my experience of property sales and trends during the past 36 years, I can comment that the more gradual, sustainable growth of 2024 causes less risk of “the property bubble bursting” than the erratic growth or 2023.
Sold prices have increased by 18.6% during the past 12 months. However, an increasing proportion of those apartments have been upgraded - refurbished and therefore the average price per square foot in the community increases.
The Number of Apartments Sold each Month.
Data Source: Property Monitor
The volume of sales at Shoreline has decreased significantly since the high-points at the end of 2022. The number of sales in 2024 was 171 compared to 259 in 2023.
The number of sales has continued to decrease in 2025. However, this is not because of a lack of demand from buyers. Because most of the potential buyers want apartments that are vacant on transfer of ownership it is the shortage of vacant apartments, rather than apartments occupied by tenants, that is contributing to the decrease in the number of sales.
The average Asking Price / Listing Price compared to the average Sold Price
Earlier this year, the gap between owner’s expectations and what buyers were prepared to offer (AED/sq.ft) was getting closer. However, in the past four months the difference between the average sold price compared to the average listing / asking prices is now 86%.
Data Source: Property Monitor
Sold Price Growth.
The average sold price (AED/sq.ft) increased by 18.6% during the past 12 months.
Most of that growth has occurred during the past six months - particularly since the end of April (7.18%).
Data source: Property Monitor
Sold Prices at Transfer
J Type. 1-Bedroom.
Source: PropertyMonitor.ae
B Type. 1-Bedroom. Park Side.
Source: PropertyMonitor.ae
B Type. 1-Bedroom. Beach Side.
Source: Property Monitor
D Type. 2-Bedrooms. Park Side.
Source: Property Monitor
D Type. 2-Bedrooms. Beach Side.
Source: Property Monitor
E-Type. 2-Bedrooms. Park Side.
Source: Property Monitor
E-Type. 2-Bedrooms. Beach Side.
Source: Property Monitor
F-Type. 2-Bedrooms. Park Side.
Source: Property Monitor
F-Type. 2-Bedrooms. Beach Side.
Source: Property Monitor
A-Type. 3 Bedrooms. Park Side.
Source: Property Monitor
A-Type. 3-Bedrooms. Beach Side.
Source: Property Monitor
C-Type. 3-Bedrooms. Park Side.
Source: Property Monitor
C-Type. 3-Bedrooms. Beach Side.
Data Source: Property Monitor
Penthouses
The only Penthouse sale on the Beach Side of Shoreline is at Al Nabat
Data Source: Property Monitor
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