2-bed · 1,583 sqftShoreline - Hallawi, Palm Jumeirah · 10th floor · completed 2007

1001, Shoreline - Hallawi

Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 19 July 2017
Last soldAED 975K19 July 2017
Current rentAED 155K /yr12 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Shoreline - Hallawi

What is 1001 worth today?

Last sold for AED 975,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Jul 2017SoldReady
AED 975,000AED 616 per sqft
12 Apr 2016RentedRenewal
AED 155,000/yr12 months · AED 98 per sqft
12 Apr 2015RentedNew contract
AED 155,000/yr12 months · AED 98 per sqft
12 Apr 2014RentedNew contract
AED 155,000/yr12 months · AED 98 per sqft
30 Sep 2012RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft
26 Mar 2009Sold by developerReady
AED 1,225,000AED 773 per sqft

Source: Dubai Land Department. Updated 19 July 2017.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
10th of 10
Parking
B1-32
Developer
Nakheel
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 975K · July 2017

About 1001, Shoreline - Hallawi

1001 is a two-bedroom apartment of 1,583 sqft on the 10th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 19 July 2017 for AED 975,000, or AED 616 per sqft, 53% below the AED 1,323 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 12 April 2016, is AED 155,000 a year: a gross yield of 15.9% on the 2017 price, before the service charge of about AED 22,500 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Shoreline - Hallawi
2M4M2009201420192024Typical sale price by year: 2009 AED 825,000; 2010 AED 1,182,500; 2011 AED 1,400,000; 2012 AED 1,532,000; 2013 AED 1,750,000; 2014 AED 2,455,000; 2015 AED 2,163,000; 2016 AED 2,200,000; 2017 AED 2,025,000; 2018 AED 1,917,500; 2019 AED 1,425,000; 2020 AED 1,307,500; 2021 AED 1,820,000; 2022 AED 2,237,500; 2023 AED 2,600,000; 2024 AED 3,287,500; 2025 AED 4,125,000; 2026 AED 4,100,000Sold by developer, March 2009: AED 1,225,000 (AED 773 per sqft)Sold, July 2017: AED 975,000 (AED 616 per sqft)

1001 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Shoreline - Hallawi
100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 130,000; 2014 AED 150,000; 2015 AED 152,500; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 128,500; 2019 AED 111,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 125,500; 2023 AED 140,000; 2024 AED 152,000; 2025 AED 183,750; 2026 AED 183,016New contract, September 2012: AED 110,000 a yearNew contract, April 2014: AED 155,000 a yearNew contract, April 2015: AED 155,000 a yearRenewal, April 2016: AED 155,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Shoreline - Hallawi, and where 1001 sits

All 60 2-beds →

1001 last sold in July 2017 at AED 616 per sqft, 53% below what two-beds in Shoreline - Hallawi were fetching at the time (AED 1,323). Over the last 12 months two-beds sold for AED 3,850,000 to 4,500,000, around AED 2,535 per sqft, and rent for AED 75,000 to 240,000 a year. 1001's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jun 20263,850,000
26 Feb 20264,500,000
21 Jan 20264,100,000
10 Dec 20254,125,000
4 2-bed sales in the last 12 months

Shoreline - Hallawi

Building

120 apartments, 1-bed to 4-bed over 10 floors in Palm Jumeirah, completed in 2007 by Nakheel. 10 sold in the last 12 months.

Typical price per sqft
AED 2,340
Typical sale
AED 4.11M
Typical rent
AED 182K /yr
Typical yield
4.5%
Shoreline - Hallawi, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 120 units in Shoreline - Hallawi
Value
10023-bedAED 2.8M · Jun 2022
10033-bedAED 1.18M · Apr 2009
10041-bedAED 625K · Apr 2009
10052-bedAED 815K · Apr 2009
10062-bedAED 2.35M · Jan 2018
10072-bedAED 1.05M · Apr 2009
10082-bedAED 2.2M · Jul 2016
1–7 of 11

1001, Shoreline - Hallawi in numbers

  • Sold twice: first on 26 March 2009 for AED 1,225,000, last on 19 July 2017 for AED 975,000 (AED 616 per sqft).
  • Rented since September 2012 on 4 Ejari contracts, from AED 110,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2017 price is 15.9%, before a service charge of about AED 22,500 a year (AED 14.21 per sqft).
  • Two-beds in Shoreline - Hallawi sold for AED 3,850,000–4,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,340 per sqft.

Source: Dubai Land Department. Updated 19 July 2017.

Questions about 1001, Shoreline - Hallawi

What did unit 1001 last sell for?

AED 975,000 on 19 July 2017: AED 616 per sqft for 1,583 sqft. The unit has 2 registered sales; the first was AED 1,225,000 in March 2009.

What is the rent for unit 1001?

AED 155,000 a year on the contract renewed on 12 April 2016. The previous contract, from April 2015, was AED 155,000; the unit has been rented since September 2012.

How big is unit 1001?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 10th floor of a 10-storey tower completed in 2007.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Hallawi sold for AED 3,850,000 to 4,500,000 in the last 12 months, around AED 2,535 per sqft.

Selling 1001? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1001, Shoreline - Hallawi

Starts from the last sale price (AED 975K, 19 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →