3-bed · 2,181 sqftShoreline - Msalli, Palm Jumeirah · 7th floor

702, Shoreline - Msalli

Sold prices and rental history: sold once, by the developer in April 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 28 April 2009
Last soldAED 2M28 April 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Shoreline - Msalli

What is 702 worth today?

Last sold for AED 2,000,000 in 2009

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28 Apr 2009Sold by developerReady
AED 2,000,000AED 916 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 April 2009.

Key facts

Type
3-bed apartment
Size
2,181 sqft
Floor
7th of 9
Parking
B2-84,B2-85
Service charge
AED 32,200 /yr
Last sold
AED 2M · April 2009

About 702, Shoreline - Msalli

702 is a three-bedroom apartment of 2,181 sqft on the 7th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. The developer sold it on 28 April 2009 for AED 2,000,000, or AED 916 per sqft, 54% above the AED 593 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, 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 2,000,000 (AED 916 per sqft)

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

Rents
Unit 702, 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 285,000

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 702 sits

All 34 3-beds →

702 last sold in April 2009 at AED 916 per sqft, 54% above what three-beds in Shoreline - Msalli were fetching at the time (AED 593). 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.

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 7th floor

All 107 units in Shoreline - Msalli
Value
7012-bedAED 1.94M · May 2017
7033-bedAED 1.28M · Apr 2009
7041-bedAED 685K · Apr 2009
7052-bedAED 895K · Apr 2009
7062-bedAED 1.15M · Apr 2009
7072-bedAED 4.2M · Feb 2023
7082-bedAED 3.38M · Dec 2022
1–7 of 11

702, Shoreline - Msalli in numbers

  • Sold once: by the developer on 28 April 2009 for AED 2,000,000, or AED 916 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 28 April 2009.

Questions about 702, Shoreline - Msalli

What did unit 702 last sell for?

AED 2,000,000 on 28 April 2009, sold by the developer: AED 916 per sqft for 2,181 sqft. It is the only registered sale of the unit.

How big is unit 702?

2,181 sqft (202.6 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower.

What is unit 702 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 702, Shoreline - Msalli

Starts from the last sale price (AED 2M, 28 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →