508, Shoreline - Msalli
Sold prices and rental history: sold once, by the developer in April 2009, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Shoreline - Msalli
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 December 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 5th of 9
- Parking
- B2-45
- Service charge
- AED 22,900 /yr
- Last sold
- AED 870K · April 2009
- Building
- Shoreline - Msalli
About 508, Shoreline - Msalli
508 is a two-bedroom apartment of 1,551 sqft on the 5th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. The developer sold it on 29 April 2009 for AED 870,000, or AED 560 per sqft, 6% above the AED 526 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 December 2019, is AED 80,000 a year: a gross yield of 9.2% on the 2009 price, before the service charge of about AED 22,900 a year.
Sales and rents for 508 over time
508 has sold once; the dashed line is the two-bed median of each year in the building.
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 508 sits
All 50 2-beds →508 last sold in April 2009 at AED 560 per sqft, 6% above what two-beds in Shoreline - Msalli were fetching at the time (AED 526). 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. 508's AED 80,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 1,583 sqft | 3,850,000 | 2,432 | ||
| 30 Jan 202630 January 2026 | 1,994 sqft | 7,150,000 | 3,586 | ||
| 19 Dec 202519 December 2025 | 1,551 sqft | 6,450,000 | 4,158 | ||
| 30 Apr 202530 April 2025 | 1,583 sqft | 3,650,000 | 2,306 |
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 5th floor
All 107 units in Shoreline - Msalli| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,563 sqft | AED 800KAED 800,000 · Feb 2012February 2012 | 190,000 /yr | |
| 502 | 3-bed | 2,221 sqft | AED 4.5MAED 4,500,000 · Jun 2024June 2024 | 230,000 /yr | |
| 503 | 3-bed | 2,160 sqft | AED 2.5MAED 2,500,000 · Oct 2018October 2018 | 180,000 /yr | |
| 504 | 1-bed | 1,145 sqft | AED 2.8MAED 2,800,000 · Sep 2022September 2022 | 140,000 /yr | |
| 505 | 2-bed | 1,551 sqft | AED 4.1MAED 4,100,000 · Aug 2024August 2024 | 120,000 /yr | |
| 506 | 2-bed | 2,021 sqft | AED 1.05MAED 1,050,000 · Apr 2009April 2009 | 310,000 /yr | |
| 507 | 2-bed | 2,014 sqft | AED 1.05MAED 1,050,000 · Apr 2009April 2009 | ||
| 509 | 1-bed | 1,145 sqft | AED 1.75MAED 1,750,000 · Aug 2021August 2021 | 195,000 /yr | |
| 510 | 3-bed | 2,161 sqft | AED 4MAED 4,000,000 · May 2023May 2023 | 155,000 /yr | |
| 511 | 3-bed | 2,200 sqft | AED 2.72MAED 2,715,000 · Feb 2017February 2017 | 225,000 /yr | |
| 512 | 2-bed | 1,583 sqft | AED 800KAED 800,000 · Apr 2009April 2009 | 180,000 /yr |
508, Shoreline - Msalli in numbers
- Sold once: by the developer on 29 April 2009 for AED 870,000, or AED 560 per sqft.
- Rented since September 2018 on 3 Ejari contracts, from AED 150,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2009 price is 9.2%, before a service charge of about AED 22,900 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: Dubai Land Department. Updated 1 December 2019.
Questions about 508, Shoreline - Msalli
What did unit 508 last sell for?
AED 870,000 on 29 April 2009, sold by the developer: AED 560 per sqft for 1,551 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 80,000 a year on the contract signed on 1 December 2019. The previous contract, from November 2018, was AED 155,000; the unit has been rented since September 2018.
How big is unit 508?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.
What is unit 508 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 508, Shoreline - Msalli
Starts from the last sale price (AED 870K, 29 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus AED 41,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →