3-bed · 2,221 sqftShoreline - Hallawi, Palm Jumeirah · 5th floor · completed 2007

502, Shoreline - Hallawi

Sold prices and rental history: sold 4 times, last in May 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 8 March 2025
Last soldAED 2.2M16 May 2021
Current rentAED 212K /yr8 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Shoreline - Hallawi

What is 502 worth today?

Last sold for AED 2,200,000 in 2021

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8 Mar 2025RentedRenewal
AED 211,750/yr12 months · AED 95 per sqft
8 Mar 2023RentedRenewal
AED 175,000/yr12 months · AED 79 per sqft
8 Mar 2022RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft
8 Mar 2022RentedRenewal
AED 160,000/yr12 months · AED 72 per sqft
16 May 2021SoldReady
AED 2,200,000AED 990 per sqft
8 Mar 2021RentedRenewal
AED 159,000/yr12 months · AED 72 per sqft
8 Mar 2020RentedRenewal
AED 159,000/yr12 months · AED 72 per sqft
8 Mar 2019RentedRenewal
AED 159,000/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 March 2025.

Key facts

Type
3-bed apartment
Size
2,221 sqft
Floor
5th of 10
Parking
B2-50,B2-51
Developer
Nakheel
Completed
2007
Service charge
AED 31,600 /yr
Last sold
AED 2.2M · May 2021

About 502, Shoreline - Hallawi

502 is a three-bedroom apartment of 2,221 sqft on the 5th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 16 May 2021 for AED 2,200,000, or AED 990 per sqft, 27% above the AED 779 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 8 March 2025, is AED 211,750 a year: a gross yield of 9.6% on the 2021 price, before the service charge of about AED 31,600 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical three-bed in Shoreline - Hallawi
2M4M20092013201720212025Typical sale price by year: 2009 AED 1,175,000; 2010 AED 1,700,000; 2011 AED 1,757,500; 2013 AED 1,175,000; 2014 AED 3,250,000; 2016 AED 2,990,000; 2017 AED 2,644,000; 2020 AED 1,625,000; 2021 AED 2,200,000; 2022 AED 2,800,000; 2024 AED 4,700,000Sold by developer, April 2009: AED 2,600,000 (AED 1,170 per sqft)Sold, May 2009: AED 2,400,000 (AED 1,080 per sqft)Sold, December 2012: AED 2,340,000 (AED 1,053 per sqft)Sold, May 2021: AED 2,200,000 (AED 990 per sqft)

502 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 502, each contractTypical three-bed in Shoreline - Hallawi
150K200K2012201620202024Typical rent by year: 2012 AED 165,000; 2013 AED 171,625; 2014 AED 199,237; 2015 AED 190,000; 2016 AED 185,000; 2017 AED 180,000; 2018 AED 160,000; 2019 AED 140,000; 2020 AED 130,000; 2021 AED 135,000; 2022 AED 159,750; 2023 AED 180,593; 2024 AED 220,000; 2025 AED 230,000New contract, March 2017: AED 180,000 a yearRenewal, March 2018: AED 180,000 a yearRenewal, March 2019: AED 159,000 a yearRenewal, March 2020: AED 159,000 a yearRenewal, March 2021: AED 159,000 a yearNew contract, March 2022: AED 160,000 a yearRenewal, March 2022: AED 160,000 a yearRenewal, March 2023: AED 175,000 a yearRenewal, March 2025: AED 211,750 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shoreline - Hallawi, and where 502 sits

All 42 3-beds →

502 last sold in May 2021 at AED 990 per sqft, 27% above what three-beds in Shoreline - Hallawi were fetching at the time (AED 779). Over the last 12 months three-beds sold for AED 5,500,000, around AED 2,545 per sqft, and rent for AED 240,000 to 310,000 a year. 502's AED 211,750 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Jan 20265,500,000
13 Mar 20254,600,000
30 Dec 20244,700,000
18 Dec 20244,800,000
1 3-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 5th floor

All 120 units in Shoreline - Hallawi
Value
5012-bedAED 1.29M · Nov 2020
5033-bedAED 1.15M · Apr 2009
5041-bedAED 600K · Apr 2009
5052-bedAED 2.15M · Mar 2017
5062-bedAED 3.5M · Jun 2024
507AED 4.4M · Oct 2025
5082-bedAED 1.98M · Jul 2022
1–7 of 11

502, Shoreline - Hallawi in numbers

  • Sold 4 times: first on 5 April 2009 for AED 2,600,000, last on 16 May 2021 for AED 2,200,000 (AED 990 per sqft).
  • Rented since March 2017 on 9 Ejari contracts. The rent fell from AED 180,000 to AED 159,000 in 2021 and recovered to AED 211,750 by March 2025.
  • At AED 211,750 a year the gross yield on the 2021 price is 9.6%, before a service charge of about AED 31,600 a year (AED 14.21 per sqft).
  • Three-beds in Shoreline - Hallawi sold for AED 5,500,000–5,500,000 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 8 March 2025.

Questions about 502, Shoreline - Hallawi

What did unit 502 last sell for?

AED 2,200,000 on 16 May 2021: AED 990 per sqft for 2,221 sqft. The unit has 4 registered sales; the first was AED 2,600,000 in April 2009.

What is the rent for unit 502?

AED 211,750 a year on the contract renewed on 8 March 2025. The previous contract, from March 2023, was AED 175,000; the unit has been rented since March 2017.

How big is unit 502?

2,221 sqft (206.3 sqm): a three-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Hallawi sold for AED 5,500,000 to 5,500,000 in the last 12 months, around AED 2,545 per sqft.

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Mortgage on 502, Shoreline - Hallawi

Starts from the last sale price (AED 2.2M, 16 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →