3-bed · 2,221 sqftShoreline - Msalli, Palm Jumeirah · 3rd floor

311, Shoreline - Msalli

Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 29 June 2022
Last soldAED 2.15M19 January 2022
Current rentAED 95K /yr29 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Shoreline - Msalli

What is 311 worth today?

Last sold for AED 2,150,000 in 2022

Unlock today's estimate, updated daily, with

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

29 Jun 2022RentedNew contract
AED 95,000/yr12 months · AED 43 per sqft
19 Jan 2022SoldReady
AED 2,150,000AED 967 per sqft
1 Feb 2021RentedNew contract
AED 110,000/yr12 months · AED 50 per sqft
14 Mar 2016RentedNew contract
AED 195,000/yr24 months · AED 88 per sqft
23 Jan 2015RentedNew contract
AED 225,000/yr12 months · AED 101 per sqft
23 Jan 2014RentedNew contract
AED 225,000/yr12 months · AED 101 per sqft
28 Apr 2009Sold by developerReady
AED 1,150,000AED 517 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 June 2022.

Key facts

Type
3-bed apartment
Size
2,221 sqft
Floor
3rd of 9
Parking
B2-74,B2-75
Service charge
AED 32,800 /yr
Last sold
AED 2.15M · January 2022

About 311, Shoreline - Msalli

311 is a three-bedroom apartment of 2,221 sqft on the 3rd floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 19 January 2022 for AED 2,150,000, or AED 967 per sqft, in line with the AED 967 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 29 June 2022, is AED 95,000 a year: a gross yield of 4.4% on the 2022 price, before the service charge of about AED 32,800 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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)Sold, January 2022: AED 2,150,000 (AED 967 per sqft)

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

Rents
Unit 311, 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, January 2014: AED 225,000 a yearNew contract, January 2015: AED 225,000 a yearNew contract, March 2016: AED 195,000 a yearNew contract, February 2021: AED 110,000 a yearNew contract, June 2022: AED 95,000 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 311 sits

All 34 3-beds →

311 last sold in January 2022 at AED 967 per sqft, in line with what three-beds in Shoreline - Msalli were fetching at the time (AED 967). 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. 311's AED 95,000 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 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
3062-bedAED 5.8M · Sep 2024
3072-bedAED 5.65M · Sep 2024
1–7 of 11

311, Shoreline - Msalli in numbers

  • Sold twice: first on 28 April 2009 for AED 1,150,000, last on 19 January 2022 for AED 2,150,000 (AED 967 per sqft).
  • Rented since January 2014 on 5 Ejari contracts, from AED 225,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2022 price is 4.4%, 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 29 June 2022.

Questions about 311, Shoreline - Msalli

What did unit 311 last sell for?

AED 2,150,000 on 19 January 2022: AED 967 per sqft for 2,221 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in April 2009.

What is the rent for unit 311?

AED 95,000 a year on the contract signed on 29 June 2022. The previous contract, from February 2021, was AED 110,000; the unit has been rented since January 2014.

How big is unit 311?

2,221 sqft (206.3 sqm): a three-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 311 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.

Selling 311? 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 311, Shoreline - Msalli

Starts from the last sale price (AED 2.15M, 19 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →