2-bed · 1,998 sqftShoreline - Hallawi, Palm Jumeirah · 3rd floor · completed 2007

306, Shoreline - Hallawi

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 25 April 2023
Last soldAED 2.95M25 April 2023
Current rentAED 170K /yr1 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Shoreline - Hallawi

What is 306 worth today?

Last sold for AED 2,950,000 in 2023

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25 Apr 2023SoldReady
AED 2,950,000AED 1,476 per sqft
1 Feb 2017RentedRenewal
AED 170,000/yr12 months · AED 85 per sqft
1 Feb 2016RentedRenewal
AED 180,000/yr12 months · AED 90 per sqft
1 Feb 2015RentedNew contract
AED 180,000/yr12 months · AED 90 per sqft
6 Feb 2014RentedNew contract
AED 168,000/yr12 months · AED 84 per sqft
6 Feb 2013RentedNew contract
AED 158,000/yr12 months · AED 79 per sqft
5 Apr 2009Sold by developerReady
AED 1,025,000AED 513 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 April 2023.

Key facts

Type
2-bed apartment
Size
1,998 sqft
Floor
3rd of 10
Parking
B1-37
Developer
Nakheel
Completed
2007
Service charge
AED 28,400 /yr
Last sold
AED 2.95M · April 2023

About 306, Shoreline - Hallawi

306 is a two-bedroom apartment of 1,998 sqft on the 3rd floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 25 April 2023 for AED 2,950,000, or AED 1,476 per sqft, 7% above the AED 1,379 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 February 2017, is AED 170,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 28,400 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical two-bed in Shoreline - Hallawi
2M20092013201720212025Typical sale price by year: 2009 AED 825,000; 2010 AED 1,182,500; 2011 AED 1,400,000; 2012 AED 1,532,000; 2013 AED 1,650,000; 2014 AED 2,455,000; 2015 AED 2,163,000; 2016 AED 2,200,000; 2017 AED 2,025,000; 2018 AED 1,917,500; 2019 AED 1,450,000; 2020 AED 1,307,500; 2021 AED 1,805,000; 2022 AED 2,237,500; 2023 AED 2,600,000; 2024 AED 3,287,500Sold by developer, April 2009: AED 1,025,000 (AED 513 per sqft)Sold, April 2023: AED 2,950,000 (AED 1,476 per sqft)

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

Rents
Unit 306, each contractTypical two-bed in Shoreline - Hallawi
100K150K200K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 130,000; 2014 AED 150,000; 2015 AED 150,000; 2016 AED 155,000; 2017 AED 140,000; 2018 AED 127,000; 2019 AED 113,500; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 127,500; 2023 AED 140,000; 2024 AED 154,000; 2025 AED 181,875; 2026 AED 194,250New contract, February 2013: AED 158,000 a yearNew contract, February 2014: AED 168,000 a yearNew contract, February 2015: AED 180,000 a yearRenewal, February 2016: AED 180,000 a yearRenewal, February 2017: AED 170,000 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 - Hallawi, and where 306 sits

All 58 2-beds →

306 last sold in April 2023 at AED 1,476 per sqft, 7% above what two-beds in Shoreline - Hallawi were fetching at the time (AED 1,379). Over the last 12 months two-beds sold for AED 4,100,000 to 4,125,000, around AED 2,651 per sqft, and rent for AED 150,000 to 195,000 a year. 306's AED 170,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jan 20264,100,000
10 Dec 20254,125,000
30 Jan 20253,200,000
7 Oct 20243,600,000
2 2-bed sales 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
3041-bedAED 1.98M · Feb 2024
3052-bedAED 1.74M · Nov 2017
3072-bedAED 1.03M · Apr 2009
3082-bedAED 790K · Apr 2009
1–7 of 11

306, Shoreline - Hallawi in numbers

  • Sold twice: first on 5 April 2009 for AED 1,025,000, last on 25 April 2023 for AED 2,950,000 (AED 1,476 per sqft).
  • Rented since February 2013 on 5 Ejari contracts, from AED 158,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 28,400 a year (AED 14.21 per sqft).
  • Two-beds in Shoreline - Hallawi sold for AED 4,100,000–4,125,000 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 25 April 2023.

Questions about 306, Shoreline - Hallawi

What did unit 306 last sell for?

AED 2,950,000 on 25 April 2023: AED 1,476 per sqft for 1,998 sqft. The unit has 2 registered sales; the first was AED 1,025,000 in April 2009.

What is the rent for unit 306?

AED 170,000 a year on the contract renewed on 1 February 2017. The previous contract, from February 2016, was AED 180,000; the unit has been rented since February 2013.

How big is unit 306?

1,998 sqft (185.6 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2007.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Hallawi sold for AED 4,100,000 to 4,125,000 in the last 12 months, around AED 2,651 per sqft.

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Mortgage on 306, Shoreline - Hallawi

Starts from the last sale price (AED 2.95M, 25 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

Plus AED 128,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →