402, Shoreline - Msalli
Sold prices and rental history: sold twice, last in March 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Shoreline - Msalli
What is 402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 April 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,221 sqft
- Floor
- 4th of 9
- Parking
- 1B2-69,1B2-70
- Service charge
- AED 32,800 /yr
- Last sold
- AED 2.45M · March 2013
- Building
- Shoreline - Msalli
About 402, Shoreline - Msalli
402 is a three-bedroom apartment of 2,221 sqft on the 4th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 24 March 2013 for AED 2,450,000, or AED 1,103 per sqft.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 18 April 2025, is AED 280,000 a year: a gross yield of 11.4% on the 2013 price, before the service charge of about AED 32,800 a year.
Sales and rents for 402 over time
402 has sold twice; the dashed line is the three-bed median of each year in the building.
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 402 sits
All 34 3-beds →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. 402's AED 280,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jul 202529 July 2025 | 2,200 sqft | 4,999,000 | 2,271 | ||
| 11 Oct 202411 October 2024 | 2,181 sqft | 4,185,000 | 1,918 | ||
| 4 Jun 20244 June 2024 | 2,221 sqft | 4,500,000 | 2,025 | ||
| 26 Apr 202426 April 2024 | 2,200 sqft | 4,025,000 | 1,829 |
Shoreline - Msalli
Building107 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%
Other units on the 4th floor
All 107 units in Shoreline - Msalli| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,586 sqft | AED 3.05MAED 3,050,000 · Jan 2024January 2024 | 175,000 /yr | |
| 403 | 3-bed | 2,161 sqft | AED 2.5MAED 2,500,000 · Aug 2022August 2022 | 270,000 /yr | |
| 404 | 1-bed | 1,143 sqft | AED 2.97MAED 2,970,000 · Aug 2023August 2023 | ||
| 405 | 2-bed | 1,551 sqft | AED 3.3MAED 3,300,000 · Feb 2014February 2014 | 215,000 /yr | |
| 406 | 2-bed | 1,998 sqft | AED 6.2MAED 6,200,000 · Sep 2024September 2024 | 300,000 /yr | |
| 407 | 2-bed | 1,998 sqft | AED 1.05MAED 1,050,000 · Apr 2009April 2009 | 380,000 /yr | |
| 408 | 2-bed | 1,551 sqft | AED 870KAED 870,000 · Dec 2010December 2010 | 180,000 /yr | |
| 409 | 1-bed | 1,145 sqft | AED 2.4MAED 2,400,000 · Nov 2022November 2022 | 109,890 /yr | |
| 410 | 3-bed | 1,083 sqft | AED 800KAED 800,000 · Feb 2021February 2021 | 270,000 /yr | |
| 411 | 3-bed | 2,200 sqft | AED 5MAED 4,999,000 · Jul 2025July 2025 | 300,000 /yr | |
| 412 | 2-bed | 1,586 sqft | AED 3.25MAED 3,250,000 · Mar 2025March 2025 | 260,000 /yr |
402, Shoreline - Msalli in numbers
- Sold twice: first on 23 April 2009 for AED 3,060,000, last on 24 March 2013 for AED 2,450,000 (AED 1,103 per sqft).
- Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 180,000 to AED 140,000 in 2020 and recovered to AED 280,000 by April 2025.
- At AED 280,000 a year the gross yield on the 2013 price is 11.4%, 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 18 April 2025.
Questions about 402, Shoreline - Msalli
What did unit 402 last sell for?
AED 2,450,000 on 24 March 2013: AED 1,103 per sqft for 2,221 sqft. The unit has 2 registered sales; the first was AED 3,060,000 in April 2009.
What is the rent for unit 402?
AED 280,000 a year on the contract signed on 18 April 2025. The previous contract, from August 2023, was AED 173,700; the unit has been rented since May 2013.
How big is unit 402?
2,221 sqft (206.3 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower.
What is unit 402 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 402, Shoreline - Msalli
Starts from the last sale price (AED 2.45M, 24 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,450,000
- Deposit, UAE resident (20%)
- AED 490,000
- Deposit, non-resident (40%)
- AED 980,000
- Monthly over 25 years at 3.7%
- AED 10,024
Plus AED 107,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →