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3-bed · 2,181 sqftShoreline - Msalli, Palm Jumeirah

1002, Shoreline - Msalli

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

Unit 1002 · DLD and Ejari recordsUpdated 20 January 2023
Last soldAED 3.4M20 January 2023
Current rentAED 202K /yr14 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Shoreline - Msalli

What is 1002 worth today?

Last sold for AED 3,400,000 in 2023

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20 Jan 2023SoldReady
AED 3,400,000AED 1,558 per sqft
15 Sep 2022Sold by developerReady
AED 1,175,000AED 538 per sqft
14 Sep 2014RentedRenewal
AED 202,125/yr12 months · AED 93 per sqft
14 Sep 2013RentedNew contract
AED 183,750/yr12 months · AED 84 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2023.

Key facts

Type
3-bed apartment
Size
2,181 sqft
Parking
1B2-132,1B2-133
Service charge
AED 32,200 /yr
Last sold
AED 3.4M · January 2023
Building
Shoreline - Msalli

About 1002, Shoreline - Msalli

1002 is a three-bedroom apartment of 2,181 sqft of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 20 January 2023 for AED 3,400,000, or AED 1,558 per sqft, 35% above the AED 1,156 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 14 September 2014, is AED 202,125 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 32,200 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical three-bed in Shoreline - Msalli
2M4M20092013201720212025Typical sale price by year: 2009 AED 1,275,000; 2013 AED 2,850,000; 2014 AED 2,850,000; 2018 AED 2,495,004; 2019 AED 2,000,000; 2020 AED 2,500,000; 2022 AED 2,487,500; 2023 AED 4,000,000; 2024 AED 4,185,000Sold by developer, September 2022: AED 1,175,000 (AED 538 per sqft)Sold, January 2023: AED 3,400,000 (AED 1,558 per sqft)

1002 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1002, each contractTypical three-bed in Shoreline - Msalli
200K300K2012201620202024Typical rent by year: 2012 AED 167,500; 2013 AED 187,237; 2014 AED 210,000; 2015 AED 210,000; 2016 AED 205,000; 2017 AED 195,000; 2018 AED 180,000; 2019 AED 154,000; 2020 AED 137,500; 2021 AED 145,000; 2022 AED 164,175; 2023 AED 187,427; 2024 AED 200,000; 2025 AED 240,000; 2026 AED 285,000New contract, September 2013: AED 183,750 a yearRenewal, September 2014: AED 202,125 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 - Msalli, and where 1002 sits

All 34 3-beds →

1002 last sold in January 2023 at AED 1,558 per sqft, 35% above what three-beds in Shoreline - Msalli were fetching at the time (AED 1,156). Over the last 12 months three-beds sold for AED 4,900,000 to 5,200,000, around AED 2,305 per sqft, and rent for AED 270,000 to 300,000 a year. 1002's AED 202,125 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Jul 20254,999,000
11 Oct 20244,185,000
4 Jun 20244,500,000
26 Apr 20244,025,000
2 3-bed sales in the last 12 months

Shoreline - Msalli

Building

107 apartments, 1-bed to 5-bed over 9 floors in Palm Jumeirah. 5 sold in the last 12 months.

Typical price per sqft
AED 2,432
Typical sale
AED 5.2M
Typical rent
AED 270K /yr
Typical yield
5.1%
Shoreline - Msalli, Palm Jumeirah: prices, sales and rents →

1002, Shoreline - Msalli in numbers

  • Sold twice: first on 15 September 2022 for AED 1,175,000, last on 20 January 2023 for AED 3,400,000 (AED 1,558 per sqft).
  • Rented since September 2013 on 2 Ejari contracts, from AED 183,750 to AED 202,125 a year.
  • At AED 202,125 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 32,200 a year (AED 14.75 per sqft).
  • Three-beds in Shoreline - Msalli sold for AED 4,900,000–5,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,432 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2023.

Questions about 1002, Shoreline - Msalli

What did unit 1002 last sell for?

AED 3,400,000 on 20 January 2023: AED 1,558 per sqft for 2,181 sqft. The unit has 2 registered sales; the first was AED 1,175,000 in September 2022.

What is the rent for unit 1002?

AED 202,125 a year on the contract renewed on 14 September 2014. The previous contract, from September 2013, was AED 183,750.

How big is unit 1002?

2,181 sqft (202.6 sqm): a three-bedroom apartment of a 9-storey tower.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Msalli sold for AED 4,900,000 to 5,200,000 in the last 12 months, around AED 2,305 per sqft.

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Mortgage on 1002, Shoreline - Msalli

Starts from the last sale price (AED 3.4M, 20 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →