1-bed · 1,145 sqftShoreline - Hallawi, Palm Jumeirah · 3rd floor · completed 2007

304, Shoreline - Hallawi

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 1.98M19 February 2024
Current rentAED 160K /yr18 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Shoreline - Hallawi

What is 304 worth today?

Last sold for AED 1,975,000 in 2024

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18 Nov 2024RentedNew contract
AED 160,000/yr12 months · AED 140 per sqft
1 Jun 2024RentedNew contract
AED 125,000/yr6 months · AED 110 per sqft
19 Feb 2024SoldReady
AED 1,975,000AED 1,724 per sqft
1 Jun 2023RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
3 Mar 2021SoldReady
AED 1,200,000AED 1,047 per sqft
1 Mar 2021RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft
27 Dec 2016RentedRenewal
AED 125,000/yr12 months · AED 110 per sqft
27 Dec 2015RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2024.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
3rd of 10
Parking
B2-9
Developer
Nakheel
Completed
2007
Service charge
AED 16,300 /yr
Last sold
AED 1.98M · February 2024

About 304, Shoreline - Hallawi

304 is a one-bedroom apartment of 1,145 sqft on the 3rd floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 19 February 2024 for AED 1,975,000, or AED 1,724 per sqft, 4% below the AED 1,805 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 18 November 2024, is AED 160,000 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 16,300 a year.

Sales and rents for 304 over time

Rents
Unit 304, each contractTypical one-bed in Shoreline - Hallawi
100K150K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 82,000; 2014 AED 100,000; 2015 AED 115,000; 2016 AED 110,055; 2017 AED 105,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 86,500; 2023 AED 101,200; 2024 AED 120,000; 2025 AED 118,696; 2026 AED 135,000New contract, December 2015: AED 125,000 a yearRenewal, December 2016: AED 125,000 a yearNew contract, March 2021: AED 85,000 a yearNew contract, June 2023: AED 125,000 a yearNew contract, June 2024: AED 125,000 a yearNew contract, November 2024: AED 160,000 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 - Hallawi, and where 304 sits

All 24 1-beds →

304 last sold in February 2024 at AED 1,724 per sqft, 4% below what one-beds in Shoreline - Hallawi were fetching at the time (AED 1,805). Over the last 12 months one-beds sold for AED 2,815,000, around AED 2,457 per sqft, and rent for AED 130,000 to 135,000 a year. 304's AED 160,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jan 20262,815,000
8 Nov 20231,550,000
12 Apr 20231,300,000
13 Oct 20221,720,000
1 1-bed sale in the last 12 months

Shoreline - Hallawi

Building

120 apartments, 1-bed to 4-bed over 10 floors in Palm Jumeirah, completed in 2007 by Nakheel. 5 sold in the last 12 months.

Typical price per sqft
AED 2,545
Typical sale
AED 4.13M
Typical rent
AED 180K /yr
Typical yield
4.7%
Shoreline - Hallawi, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 120 units in Shoreline - Hallawi
Value
3012-bedAED 2.54M · Jul 2009
3023-bedAED 3.2M · Jan 2014
3033-bedAED 3.1M · Apr 2023
3052-bedAED 1.74M · Nov 2017
3062-bedAED 2.95M · Apr 2023
3072-bedAED 1.03M · Apr 2009
3082-bedAED 790K · Apr 2009
1–7 of 11

304, Shoreline - Hallawi in numbers

  • Sold 3 times: first on 5 April 2009 for AED 790,000, last on 19 February 2024 for AED 1,975,000 (AED 1,724 per sqft).
  • Rented since December 2015 on 6 Ejari contracts. The rent fell from AED 125,000 to AED 85,000 in 2021 and recovered to AED 160,000 by November 2024.
  • At AED 160,000 a year the gross yield on the 2024 price is 8.1%, before a service charge of about AED 16,300 a year (AED 14.21 per sqft).
  • One-beds in Shoreline - Hallawi sold for AED 2,815,000–2,815,000 in the 12 months to November 2026; the building's median across all types is AED 2,545 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2024.

Questions about 304, Shoreline - Hallawi

What did unit 304 last sell for?

AED 1,975,000 on 19 February 2024: AED 1,724 per sqft for 1,145 sqft. The unit has 3 registered sales; the first was AED 790,000 in April 2009.

What is the rent for unit 304?

AED 160,000 a year on the contract signed on 18 November 2024. The previous contract, from June 2024, was AED 125,000; the unit has been rented since December 2015.

How big is unit 304?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2007.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shoreline - Hallawi sold for AED 2,815,000 to 2,815,000 in the last 12 months, around AED 2,457 per sqft.

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Mortgage on 304, Shoreline - Hallawi

Starts from the last sale price (AED 1.98M, 19 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,975,000
Deposit, UAE resident (20%)
AED 395,000
Deposit, non-resident (40%)
AED 790,000
Monthly over 25 years at 3.7%
AED 8,080

Plus AED 87,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →