In 2003, Nakheel announced the start of work on a new residential project and presented it to the world in 2007. Shoreline Apartments is a complex consisting of 20 medium-height buildings. The project is located in the central part of the island Palm Jumeirah. The successful location allows residents to enjoy picturesque views of the beach line and observe the architectural structures of the city, such as the Burj Al Arab, Jumeirah Beach Residence (JBR) and Ain Dubai.
The complex offers a variety of 1, 2, 3 and 4 bedroom apartments, as well as 4 bedroom penthouses for rent and purchase.
Apartments range in size from 66.8 to 516.8 sq. m (720-5563 sq. ft). Prices range from AED 1,200,000 to 8,000,000 (USD 327,000-2,178,000).
Penthouses with 4 bedrooms, and 456.9 sq. m (4,919 sq. ft), have a starting price of AED 4,900,000 (USD 1,334,059).
Palm Jumeirah is one of the top ten areas for real estate investment.
Tourist attractions, comfortable apartments, luxurious restaurants and successful commercial ventures are the area’s infrastructure which attracts investors. This is reflected in the current real estate ROI of 4.25%.