2-bed · 1,998 sqftShoreline - Msalli, Palm Jumeirah · 3rd floor

306, Shoreline - Msalli

Sold prices and rental history: sold 4 times, last in September 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 3 September 2024
Last soldAED 5.8M3 September 2024
Current rentAED 250K /yr11 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Shoreline - Msalli

What is 306 worth today?

Last sold for AED 5,800,000 in 2024

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3 Sep 2024SoldReady
AED 5,800,000AED 2,903 per sqft
29 Mar 2024SoldReady
AED 4,850,000AED 2,427 per sqft
11 Jul 2023RentedRenewal
AED 250,000/yr12 months · AED 126 per sqft
15 Jul 2022RentedNew contract
AED 240,000/yr12 months · AED 120 per sqft
31 Jan 2017SoldReady
AED 3,100,000AED 1,551 per sqft
27 Apr 2009Sold by developerReady
AED 1,050,000AED 525 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 September 2024.

Key facts

Type
2-bed apartment
Size
1,998 sqft
Floor
3rd of 9
Parking
1B2-3
Service charge
AED 29,500 /yr
Last sold
AED 5.8M · September 2024

About 306, Shoreline - Msalli

306 is a two-bedroom apartment of 1,998 sqft on the 3rd floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 3 September 2024 for AED 5,800,000, or AED 2,903 per sqft, 14% above the AED 2,547 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 11 July 2023, is AED 250,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 29,500 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical two-bed in Shoreline - Msalli
2.5M5M2009201420192024Typical sale price by year: 2009 AED 895,000; 2010 AED 1,435,000; 2011 AED 2,150,000; 2012 AED 1,150,000; 2013 AED 3,005,000; 2017 AED 2,900,000; 2019 AED 1,875,000; 2021 AED 1,840,000; 2022 AED 3,375,000; 2023 AED 3,575,000; 2024 AED 4,475,000; 2025 AED 3,650,000Sold by developer, April 2009: AED 1,050,000 (AED 525 per sqft)Sold, January 2017: AED 3,100,000 (AED 1,551 per sqft)Sold, March 2024: AED 4,850,000 (AED 2,427 per sqft)Sold, September 2024: AED 5,800,000 (AED 2,903 per sqft)

306 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 306, each contractTypical two-bed in Shoreline - Msalli
100K200K2012201620202024Typical rent by year: 2012 AED 147,500; 2013 AED 161,500; 2014 AED 179,375; 2015 AED 177,500; 2016 AED 170,000; 2017 AED 162,500; 2018 AED 160,000; 2019 AED 145,000; 2020 AED 117,500; 2021 AED 130,000; 2022 AED 145,000; 2023 AED 175,000; 2024 AED 180,000; 2025 AED 217,500; 2026 AED 202,500New contract, July 2022: AED 240,000 a yearRenewal, July 2023: AED 250,000 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 - Msalli, and where 306 sits

All 50 2-beds →

306 last sold in September 2024 at AED 2,903 per sqft, 14% above what two-beds in Shoreline - Msalli were fetching at the time (AED 2,547). Over the last 12 months two-beds sold for AED 3,850,000 to 7,150,000, around AED 3,586 per sqft, and rent for AED 183,678 to 380,000 a year. 306's AED 250,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Feb 20263,850,000
30 Jan 20267,150,000
19 Dec 20256,450,000
30 Apr 20253,650,000
3 2-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 3rd floor

All 107 units in Shoreline - Msalli
Value
3012-bedAED 1.3M · Sep 2024
3023-bedAED 2.15M · Aug 2011
3033-bedAED 1.25M · Apr 2009
3041-bedAED 660K · Jul 2009
3052-bedAED 4M · Mar 2024
3072-bedAED 5.65M · Sep 2024
308AED 6.88M · Aug 2025
1–7 of 11

306, Shoreline - Msalli in numbers

  • Sold 4 times: first on 27 April 2009 for AED 1,050,000, last on 3 September 2024 for AED 5,800,000 (AED 2,903 per sqft).
  • Rented since July 2022 on 2 Ejari contracts, from AED 240,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 29,500 a year (AED 14.75 per sqft).
  • Two-beds in Shoreline - Msalli sold for AED 3,850,000–7,150,000 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 2024.

Questions about 306, Shoreline - Msalli

What did unit 306 last sell for?

AED 5,800,000 on 3 September 2024: AED 2,903 per sqft for 1,998 sqft. The unit has 4 registered sales; the first was AED 1,050,000 in April 2009.

What is the rent for unit 306?

AED 250,000 a year on the contract renewed on 11 July 2023. The previous contract, from July 2022, was AED 240,000.

How big is unit 306?

1,998 sqft (185.6 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Msalli sold for AED 3,850,000 to 7,150,000 in the last 12 months, around AED 3,586 per sqft.

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Mortgage on 306, Shoreline - Msalli

Starts from the last sale price (AED 5.8M, 3 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,800,000
Deposit, UAE resident (20%)
AED 1,160,000
Deposit, non-resident (40%)
AED 2,320,000
Monthly over 25 years at 3.7%
AED 23,730

Plus AED 248,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →