3-bed · 2,224 sqftShoreline - Msalli, Palm Jumeirah · 1st floor

102, Shoreline - Msalli

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

Unit 102 · DLD and Ejari recordsUpdated 3 September 2023
Last soldAED 1.15M29 April 2009
Current rentAED 185K /yr3 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Shoreline - Msalli

What is 102 worth today?

Last sold for AED 1,150,000 in 2009

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3 Sep 2023RentedRenewal
AED 185,000/yr12 months · AED 83 per sqft
3 Sep 2022RentedNew contract
AED 185,000/yr12 months · AED 83 per sqft
27 Aug 2021RentedRenewal
AED 125,000/yr12 months · AED 56 per sqft
27 Aug 2020RentedRenewal
AED 122,000/yr12 months · AED 55 per sqft
27 Aug 2018RentedNew contract
AED 145,000/yr12 months · AED 65 per sqft
7 Sep 2017RentedNew contract
AED 165,000/yr12 months · AED 74 per sqft
25 Jul 2016RentedRenewal
AED 180,000/yr12 months · AED 81 per sqft
25 Jul 2015RentedNew contract
AED 180,000/yr12 months · AED 81 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 September 2023.

Key facts

Type
3-bed apartment
Size
2,224 sqft
Floor
1st of 9
Parking
B2-37,B2-38
Service charge
AED 32,800 /yr
Last sold
AED 1.15M · April 2009

About 102, Shoreline - Msalli

102 is a three-bedroom apartment of 2,224 sqft on the 1st floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. The developer sold it on 29 April 2009 for AED 1,150,000, or AED 517 per sqft, 12% below the AED 586 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 3 September 2023, is AED 185,000 a year: a gross yield of 16.1% on the 2009 price, before the service charge of about AED 32,800 a year.

Sales and rents for 102 over time

Sales
Unit 102, 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, April 2009: AED 1,150,000 (AED 517 per sqft)

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

Rents
Unit 102, each contractTypical three-bed in Shoreline - Msalli
100K200K300K2012201620202024Typical 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, April 2013: AED 160,000 a yearNew contract, April 2014: AED 160,000 a yearNew contract, July 2015: AED 180,000 a yearRenewal, July 2016: AED 180,000 a yearNew contract, September 2017: AED 165,000 a yearNew contract, August 2018: AED 145,000 a yearRenewal, August 2020: AED 122,000 a yearRenewal, August 2021: AED 125,000 a yearNew contract, September 2022: AED 185,000 a yearRenewal, September 2023: AED 185,000 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 102 sits

All 34 3-beds →

102 last sold in April 2009 at AED 517 per sqft, 12% below what three-beds in Shoreline - Msalli were fetching at the time (AED 586). 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. 102's AED 185,000 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 →

Other units on the 1st floor

All 107 units in Shoreline - Msalli
Value
1012-bedAED 1.8M · Aug 2022
1041-bedAED 1.75M · Sep 2013
1052-bedAED 3.85M · May 2023
1062-bedAED 870K · Jul 2010
1071-bedAED 2.87M · Feb 2025
108AED 6.4M · Aug 2025
1093-bedAED 3.2M · Aug 2014
1–7 of 10

102, Shoreline - Msalli in numbers

  • Sold once: by the developer on 29 April 2009 for AED 1,150,000, or AED 517 per sqft.
  • Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 160,000 to AED 122,000 in 2020 and recovered to AED 185,000 by September 2023.
  • At AED 185,000 a year the gross yield on the 2009 price is 16.1%, before a service charge of about AED 32,800 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 3 September 2023.

Questions about 102, Shoreline - Msalli

What did unit 102 last sell for?

AED 1,150,000 on 29 April 2009, sold by the developer: AED 517 per sqft for 2,224 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 185,000 a year on the contract renewed on 3 September 2023. The previous contract, from September 2022, was AED 185,000; the unit has been rented since April 2013.

How big is unit 102?

2,224 sqft (206.6 sqm): a three-bedroom apartment on the 1st floor of a 9-storey tower.

What is unit 102 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 102, Shoreline - Msalli

Starts from the last sale price (AED 1.15M, 29 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →