3-bed · 2,181 sqftShoreline - Msalli, Palm Jumeirah · 8th floor

802, Shoreline - Msalli

Sold prices and rental history: sold 5 times, last in April 2023, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 27 April 2023
Last soldAED 4.05M27 April 2023
Current rentAED 50K /yr30 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Shoreline - Msalli

What is 802 worth today?

Last sold for AED 4,050,000 in 2023

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27 Apr 2023SoldReady
AED 4,050,000AED 1,856 per sqft
30 Sep 2021RentedRenewal
AED 50,000/yr12 months · AED 23 per sqft
30 Aug 2020RentedNew contract
AED 50,000/yr13 months · AED 23 per sqft
18 Aug 2020SoldReady
AED 1,800,000AED 825 per sqft
10 Oct 2019SoldReady
AED 2,000,000AED 916 per sqft
31 Jul 2013SoldReady
AED 2,700,000AED 1,237 per sqft
25 Nov 2012RentedNew contract
AED 165,000/yr12 months · AED 75 per sqft
30 Apr 2009Sold by developerReady
AED 1,175,000AED 538 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 April 2023.

Key facts

Type
3-bed apartment
Size
2,181 sqft
Floor
8th of 9
Parking
1B2-120,1B2-121
Service charge
AED 32,200 /yr
Last sold
AED 4.05M · April 2023

About 802, Shoreline - Msalli

802 is a three-bedroom apartment of 2,181 sqft on the 8th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 27 April 2023 for AED 4,050,000, or AED 1,856 per sqft, 61% above the AED 1,156 three-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 30 September 2021, is AED 50,000 a year: a gross yield of 1.2% on the 2023 price, before the service charge of about AED 32,200 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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 1,175,000 (AED 538 per sqft)Sold, July 2013: AED 2,700,000 (AED 1,237 per sqft)Sold, October 2019: AED 2,000,000 (AED 916 per sqft)Sold, August 2020: AED 1,800,000 (AED 825 per sqft)Sold, April 2023: AED 4,050,000 (AED 1,856 per sqft)

802 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 802, each contractTypical three-bed in Shoreline - Msalli
200K2012201620202024Typical 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 2012: AED 165,000 a yearNew contract, August 2020: AED 50,000 a yearRenewal, September 2021: AED 50,000 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 802 sits

All 34 3-beds →

802 last sold in April 2023 at AED 1,856 per sqft, 61% above what three-beds in Shoreline - Msalli were fetching at the time (AED 1,156). 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. 802's AED 50,000 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 8th floor

All 107 units in Shoreline - Msalli
Value
8012-bedAED 1.81M · Dec 2009
8033-bedAED 1.28M · Apr 2009
8041-bedAED 965K · Aug 2015
8052-bedAED 4.1M · Jun 2023
8062-bedAED 1.15M · Apr 2009
8072-bedAED 1.15M · May 2009
8082-bedAED 2M · Oct 2010
1–7 of 11

802, Shoreline - Msalli in numbers

  • Sold 5 times: first on 30 April 2009 for AED 1,175,000, last on 27 April 2023 for AED 4,050,000 (AED 1,856 per sqft).
  • Rented since November 2012 on 3 Ejari contracts, from AED 165,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 1.2%, before a service charge of about AED 32,200 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 27 April 2023.

Questions about 802, Shoreline - Msalli

What did unit 802 last sell for?

AED 4,050,000 on 27 April 2023: AED 1,856 per sqft for 2,181 sqft. The unit has 5 registered sales; the first was AED 1,175,000 in April 2009.

What is the rent for unit 802?

AED 50,000 a year on the contract renewed on 30 September 2021. The previous contract, from August 2020, was AED 50,000; the unit has been rented since November 2012.

How big is unit 802?

2,181 sqft (202.6 sqm): a three-bedroom apartment on the 8th floor of a 9-storey tower.

What is unit 802 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 802, Shoreline - Msalli

Starts from the last sale price (AED 4.05M, 27 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,050,000
Deposit, UAE resident (20%)
AED 810,000
Deposit, non-resident (40%)
AED 1,620,000
Monthly over 25 years at 3.7%
AED 16,570

Plus AED 175,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →