3-bed · 2,200 sqftShoreline - Msalli, Palm Jumeirah · 5th floor

511, Shoreline - Msalli

Sold prices and rental history: sold twice, last in February 2017, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 8 April 2025
Last soldAED 2.72M14 February 2017
Current rentAED 225K /yr8 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Shoreline - Msalli

What is 511 worth today?

Last sold for AED 2,715,000 in 2017

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8 Apr 2025RentedRenewal
AED 225,000/yr12 months · AED 102 per sqft
8 Apr 2024RentedRenewal
AED 200,000/yr12 months · AED 91 per sqft
8 Apr 2023RentedRenewal
AED 177,000/yr12 months · AED 81 per sqft
8 Apr 2022RentedNew contract
AED 170,000/yr12 months · AED 77 per sqft
15 Feb 2021RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
15 Feb 2020RentedNew contract
AED 135,000/yr12 months · AED 61 per sqft
14 Feb 2017SoldReady
AED 2,715,000AED 1,233 per sqft
31 Oct 2015RentedRenewal
AED 187,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 8 April 2025.

Key facts

Type
3-bed apartment
Size
2,200 sqft
Floor
5th of 9
Parking
B2-34,B2-35
Service charge
AED 32,500 /yr
Last sold
AED 2.72M · February 2017

About 511, Shoreline - Msalli

511 is a three-bedroom apartment of 2,200 sqft on the 5th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 14 February 2017 for AED 2,715,000, or AED 1,233 per sqft.

It has been rented continuously since 2011 on 11 Ejari contracts. The current contract, renewed on 8 April 2025, is AED 225,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 32,500 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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 522 per sqft)Sold, February 2017: AED 2,715,000 (AED 1,233 per sqft)

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

Rents
Unit 511, each contractTypical three-bed in Shoreline - Msalli
200K300K20112015201920232027Typical 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, October 2011: AED 155,000 a yearRenewal, October 2012: AED 160,000 a yearRenewal, October 2013: AED 170,000 a yearRenewal, October 2014: AED 187,000 a yearRenewal, October 2015: AED 187,000 a yearNew contract, February 2020: AED 135,000 a yearRenewal, February 2021: AED 130,000 a yearNew contract, April 2022: AED 170,000 a yearRenewal, April 2023: AED 177,000 a yearRenewal, April 2024: AED 200,000 a yearRenewal, April 2025: AED 225,000 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 511 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. 511's AED 225,000 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 5th floor

All 107 units in Shoreline - Msalli
Value
5012-bedAED 800K · Feb 2012
5023-bedAED 4.5M · Jun 2024
5033-bedAED 2.5M · Oct 2018
5041-bedAED 2.8M · Sep 2022
5052-bedAED 4.1M · Aug 2024
5062-bedAED 1.05M · Apr 2009
5072-bedAED 1.05M · Apr 2009
1–7 of 11

511, Shoreline - Msalli in numbers

  • Sold twice: first on 29 April 2009 for AED 1,150,000, last on 14 February 2017 for AED 2,715,000 (AED 1,233 per sqft).
  • Rented since October 2011 on 11 Ejari contracts. The rent fell from AED 155,000 to AED 130,000 in 2021 and recovered to AED 225,000 by April 2025.
  • At AED 225,000 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 32,500 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: Dubai Land Department. Updated 8 April 2025.

Questions about 511, Shoreline - Msalli

What did unit 511 last sell for?

AED 2,715,000 on 14 February 2017: AED 1,233 per sqft for 2,200 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in April 2009.

What is the rent for unit 511?

AED 225,000 a year on the contract renewed on 8 April 2025. The previous contract, from April 2024, was AED 200,000; the unit has been rented since October 2011.

How big is unit 511?

2,200 sqft (204.4 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower.

What is unit 511 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 511, Shoreline - Msalli

Starts from the last sale price (AED 2.72M, 14 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,715,000
Deposit, UAE resident (20%)
AED 543,000
Deposit, non-resident (40%)
AED 1,086,000
Monthly over 25 years at 3.7%
AED 11,108

Plus AED 119,040 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →