1-bed · 1,145 sqftShoreline - Msalli, Palm Jumeirah

1004, Shoreline - Msalli

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 20 July 2024
Last soldAED 685K8 July 2009
Current rentAED 160K /yr20 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Shoreline - Msalli

What is 1004 worth today?

Last sold for AED 685,000 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Jul 2024RentedNew contract
AED 160,000/yr12 months · AED 140 per sqft
18 Aug 2023RentedNew contract
AED 140,000/yr12 months · AED 122 per sqft
16 Aug 2021RentedNew contract
AED 90,121/yr24 months · AED 79 per sqft
13 Dec 2020RentedRenewal
AED 100,000/yr6 months · AED 88 per sqft
13 Jun 2020RentedRenewal
AED 100,000/yr6 months · AED 88 per sqft
13 Jun 2019RentedNew contract
AED 108,000/yr12 months · AED 95 per sqft
9 Oct 2017RentedRenewal
AED 125,000/yr12 months · AED 110 per sqft
9 Oct 2016RentedRenewal
AED 125,000/yr12 months · AED 110 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 July 2024.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Parking
B2-152
Service charge
AED 16,900 /yr
Last sold
AED 685K · July 2009

About 1004, Shoreline - Msalli

1004 is a one-bedroom apartment of 1,145 sqft of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. The developer sold it on 8 July 2009 for AED 685,000, or AED 598 per sqft, in line with the AED 598 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 20 July 2024, is AED 160,000 a year: a gross yield of 23.4% on the 2009 price, before the service charge of about AED 16,900 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical one-bed in Shoreline - Msalli
1M2M2009201320172021Typical sale price by year: 2009 AED 685,000; 2012 AED 1,362,500; 2013 AED 1,350,000; 2014 AED 2,100,000; 2023 AED 2,067,500Sold by developer, July 2009: AED 685,000 (AED 598 per sqft)

1004 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in Shoreline - Msalli
100K150K2013201720212025Typical rent by year: 2013 AED 110,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 130,000; 2018 AED 116,500; 2019 AED 106,500; 2020 AED 89,000; 2021 AED 95,000; 2022 AED 105,000; 2023 AED 127,500; 2024 AED 133,000; 2025 AED 150,000New contract, March 2013: AED 110,000 a yearRenewal, March 2014: AED 120,000 a yearNew contract, October 2014: AED 130,000 a yearRenewal, October 2015: AED 122,368 a yearRenewal, October 2016: AED 125,000 a yearRenewal, October 2017: AED 125,000 a yearNew contract, June 2019: AED 108,000 a yearRenewal, June 2020: AED 100,000 a yearRenewal, December 2020: AED 100,000 a yearNew contract, August 2021: AED 90,121 a yearNew contract, August 2023: AED 140,000 a yearNew contract, July 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 - Msalli, and where 1004 sits

All 23 1-beds →

1004 last sold in July 2009 at AED 598 per sqft, in line with what one-beds in Shoreline - Msalli were fetching at the time (AED 598).

Recent 1-bed salesUnit no.Price (AED)Summary
20 Feb 20252,871,000
30 Dec 20243,472,000
8 Mar 20243,100,000
13 Nov 20232,760,000
0 1-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 →

1004, Shoreline - Msalli in numbers

  • Sold once: by the developer on 8 July 2009 for AED 685,000, or AED 598 per sqft.
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 110,000 to AED 90,121 in 2021 and recovered to AED 160,000 by July 2024.
  • At AED 160,000 a year the gross yield on the 2009 price is 23.4%, before a service charge of about AED 16,900 a year (AED 14.75 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 July 2024.

Questions about 1004, Shoreline - Msalli

What did unit 1004 last sell for?

AED 685,000 on 8 July 2009, sold by the developer: AED 598 per sqft for 1,145 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 160,000 a year on the contract signed on 20 July 2024. The previous contract, from August 2023, was AED 140,000; the unit has been rented since March 2013.

How big is unit 1004?

1,145 sqft (106.4 sqm): a one-bedroom apartment of a 9-storey tower.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 1004? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1004, Shoreline - Msalli

Starts from the last sale price (AED 685K, 8 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

Plus AED 33,780 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →