1,551 sqftShoreline - Msalli, Palm Jumeirah

1005, Shoreline - Msalli

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 20 October 2023
Last soldAED 3.83M8 July 2009
Current rentAED 110K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Shoreline - Msalli

What is 1005 worth today?

Last sold for AED 3,829,000 in 2009

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20 Oct 2023RentedRenewal
AED 110,000/yr24 months · AED 71 per sqft
20 Oct 2021RentedRenewal
AED 110,000/yr24 months · AED 71 per sqft
20 Oct 2019RentedRenewal
AED 110,000/yr24 months · AED 71 per sqft
20 Oct 2018RentedRenewal
AED 120,000/yr12 months · AED 77 per sqft
20 Oct 2016RentedRenewal
AED 120,000/yr12 months · AED 77 per sqft
20 Oct 2015RentedRenewal
AED 120,000/yr12 months · AED 77 per sqft
20 Oct 2014RentedNew contract
AED 180,000/yr12 months · AED 116 per sqft
20 Oct 2013RentedNew contract
AED 165,000/yr12 months · AED 106 per sqft

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

Key facts

Type
Apartment
Size
1,551 sqft
Parking
1B2-143
Service charge
AED 22,900 /yr
Last sold
AED 3.83M · July 2009

About 1005, Shoreline - Msalli

1005 is an apartment of 1,551 sqft of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. The developer sold it on 8 July 2009 for AED 3,829,000, or AED 2,468 per sqft.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 20 October 2023, is AED 110,000 a year: a gross yield of 2.9% on the 2009 price, before the service charge of about AED 22,900 a year.

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 →

1005, Shoreline - Msalli in numbers

  • Sold once: by the developer on 8 July 2009 for AED 3,829,000, or AED 2,468 per sqft.
  • Rented since October 2012 on 9 Ejari contracts, from AED 150,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2009 price is 2.9%, before a service charge of about AED 22,900 a year (AED 14.75 per sqft).

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

Questions about 1005, Shoreline - Msalli

What did unit 1005 last sell for?

AED 3,829,000 on 8 July 2009, sold by the developer: AED 2,468 per sqft for 1,551 sqft. It is the only registered sale of the unit.

What is the rent for unit 1005?

AED 110,000 a year on the contract renewed on 20 October 2023. The previous contract, from October 2021, was AED 110,000; the unit has been rented since October 2012.

How big is unit 1005?

1,551 sqft (144.1 sqm): an apartment of a 9-storey tower.

What is unit 1005 worth today?

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

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Mortgage on 1005, Shoreline - Msalli

Starts from the last sale price (AED 3.83M, 8 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,829,000
Deposit, UAE resident (20%)
AED 765,800
Deposit, non-resident (40%)
AED 1,531,600
Monthly over 25 years at 3.7%
AED 15,666

Plus AED 165,828 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →