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2-bed · 1,994 sqftShoreline - Hallawi, Palm Jumeirah · 7th floor · completed 2007

707, Shoreline - Hallawi

Sold prices and rental history: sold twice, last in May 2016, and rented once, from September 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 23 May 2016
Last soldAED 2.4M23 May 2016
Current rentAED 150K /yr6 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Shoreline - Hallawi

What is 707 worth today?

Last sold for AED 2,400,000 in 2016

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23 May 2016SoldReady
AED 2,400,000AED 1,203 per sqft
6 Sep 2015RentedNew contract
AED 150,000/yr12 months · AED 75 per sqft
5 Apr 2009Sold by developerReady
AED 1,050,000AED 526 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 May 2016.

Key facts

Type
2-bed apartment
Size
1,994 sqft
Floor
7th of 10
Parking
B2-124
Developer
Nakheel
Completed
2007
Service charge
AED 28,300 /yr
Last sold
AED 2.4M · May 2016
Building
Shoreline - Hallawi

About 707, Shoreline - Hallawi

707 is a two-bedroom apartment of 1,994 sqft on the 7th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 23 May 2016 for AED 2,400,000, or AED 1,203 per sqft, 9% below the AED 1,326 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 September 2015. The current contract, signed on 6 September 2015, is AED 150,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 28,300 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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 1,050,000 (AED 526 per sqft)Sold, May 2016: AED 2,400,000 (AED 1,203 per sqft)

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

Rents
Unit 707, 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, September 2015: AED 150,000 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 707 sits

All 58 2-beds →

707 last sold in May 2016 at AED 1,203 per sqft, 9% below what two-beds in Shoreline - Hallawi were fetching at the time (AED 1,326). 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. 707's AED 150,000 is at the bottom 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 7th floor

All 120 units in Shoreline - Hallawi
Value
7012-bedAED 1.39M · Apr 2020
7023-bedAED 3.51M · Dec 2014
7033-bedAED 3.45M · Mar 2024
7041-bedAED 625K · Apr 2009
7052-bedAED 4.1M · Jan 2026
7062-bedAED 2.75M · Mar 2023
7082-bedAED 2.6M · Feb 2023
1–7 of 11

707, Shoreline - Hallawi in numbers

  • Sold twice: first on 5 April 2009 for AED 1,050,000, last on 23 May 2016 for AED 2,400,000 (AED 1,203 per sqft).
  • Rented since September 2015 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2016 price is 6.3%, before a service charge of about AED 28,300 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 23 May 2016.

Questions about 707, Shoreline - Hallawi

What did unit 707 last sell for?

AED 2,400,000 on 23 May 2016: AED 1,203 per sqft for 1,994 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in April 2009.

What is the rent for unit 707?

AED 150,000 a year on the contract signed on 6 September 2015.

How big is unit 707?

1,994 sqft (185.2 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2007.

What is unit 707 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 707, Shoreline - Hallawi

Starts from the last sale price (AED 2.4M, 23 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →