3-bed · 2,187 sqftShoreline - Msalli, Palm Jumeirah · 6th floor

602, Shoreline - Msalli

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 17 January 2025
Last soldAED 4.44M12 May 2009
Current rentAED 260K /yr17 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Shoreline - Msalli

What is 602 worth today?

Last sold for AED 4,444,000 in 2009

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17 Jan 2025RentedRenewal
AED 260,000/yr12 months · AED 117 per sqft
1 Jan 2023RentedRenewal
AED 149,500/yr12 months · AED 67 per sqft
1 Jan 2022RentedRenewal
AED 149,500/yr12 months · AED 67 per sqft
1 Jan 2021RentedNew contract
AED 130,000/yr12 months · AED 59 per sqft
15 Oct 2019RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft
28 Feb 2017RentedRenewal
AED 147,619/yr6 months · AED 68 per sqft
29 Feb 2016RentedRenewal
AED 190,000/yr12 months · AED 87 per sqft
1 Mar 2015RentedNew contract
AED 190,000/yr12 months · AED 87 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 January 2025.

Key facts

Type
3-bed apartment
Size
2,187 sqft
Floor
6th of 9
Parking
B2-101,B2-102
Service charge
AED 32,300 /yr
Last sold
AED 4.44M · May 2009

About 602, Shoreline - Msalli

602 is a three-bedroom apartment of 2,187 sqft on the 6th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. The developer sold it on 12 May 2009 for AED 4,444,000, or AED 2,032 per sqft, 244% above the AED 591 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 17 January 2025, is AED 260,000 a year: a gross yield of 5.9% on the 2009 price, before the service charge of about AED 32,300 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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, May 2009: AED 4,444,000 (AED 2,032 per sqft)

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

Rents
Unit 602, each contractTypical three-bed in Shoreline - Msalli
200K300K2012201620202024Typical 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, November 2013: AED 210,000 a yearNew contract, March 2015: AED 190,000 a yearRenewal, February 2016: AED 190,000 a yearRenewal, February 2017: AED 147,619 a yearNew contract, October 2019: AED 150,000 a yearNew contract, January 2021: AED 130,000 a yearRenewal, January 2022: AED 149,500 a yearRenewal, January 2023: AED 149,500 a yearRenewal, January 2025: AED 260,000 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 602 sits

All 34 3-beds →

602 last sold in May 2009 at AED 2,032 per sqft, 244% above what three-beds in Shoreline - Msalli were fetching at the time (AED 591). 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. 602's AED 260,000 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 6th floor

All 107 units in Shoreline - Msalli
Value
6012-bedAED 3.65M · Apr 2025
603AED 3M · Jan 2017
6041-bedAED 685K · Jul 2009
6052-bedAED 895K · Apr 2009
606AED 1.15M · Apr 2009
6072-bedAED 7.15M · Jan 2026
6082-bedAED 895K · Apr 2009
1–7 of 11

602, Shoreline - Msalli in numbers

  • Sold once: by the developer on 12 May 2009 for AED 4,444,000, or AED 2,032 per sqft.
  • Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 210,000 to AED 130,000 in 2021 and recovered to AED 260,000 by January 2025.
  • At AED 260,000 a year the gross yield on the 2009 price is 5.9%, before a service charge of about AED 32,300 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 17 January 2025.

Questions about 602, Shoreline - Msalli

What did unit 602 last sell for?

AED 4,444,000 on 12 May 2009, sold by the developer: AED 2,032 per sqft for 2,187 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 260,000 a year on the contract renewed on 17 January 2025. The previous contract, from January 2023, was AED 149,500; the unit has been rented since November 2013.

How big is unit 602?

2,187 sqft (203.2 sqm): a three-bedroom apartment on the 6th floor of a 9-storey tower.

What is unit 602 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 602, Shoreline - Msalli

Starts from the last sale price (AED 4.44M, 12 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 4,444,000
Deposit, UAE resident (20%)
AED 888,800
Deposit, non-resident (40%)
AED 1,777,600
Monthly over 25 years at 3.7%
AED 18,182

Plus AED 191,658 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →