3-bed · 2,181 sqftShoreline - Hallawi, Palm Jumeirah · 10th floor · completed 2007

1002, Shoreline - Hallawi

Sold prices and rental history: sold 4 times, last in June 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 27 June 2022
Last soldAED 2.8M27 June 2022
Current rentAED 154K /yr27 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Shoreline - Hallawi

What is 1002 worth today?

Last sold for AED 2,800,000 in 2022

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27 Jun 2022SoldReady
AED 2,800,000AED 1,283 per sqft
27 Jan 2022RentedRenewal
AED 154,000/yr12 months · AED 71 per sqft
27 Dec 2020RentedNew contract
AED 140,000/yr13 months · AED 64 per sqft
28 Nov 2019RentedRenewal
AED 150,000/yr12 months · AED 69 per sqft
28 Nov 2018RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft
12 Oct 2017RentedRenewal
AED 185,000/yr12 months · AED 85 per sqft
12 Sep 2016RentedNew contract
AED 195,000/yr13 months · AED 89 per sqft
11 May 2016SoldReady
AED 2,990,000AED 1,370 per sqft

Source: Dubai Land Department. Updated 27 June 2022.

Key facts

Type
3-bed apartment
Size
2,181 sqft
Floor
10th of 10
Parking
B2-135,B2-136
Developer
Nakheel
Completed
2007
Service charge
AED 31,000 /yr
Last sold
AED 2.8M · June 2022

About 1002, Shoreline - Hallawi

1002 is a three-bedroom apartment of 2,181 sqft on the 10th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 27 June 2022 for AED 2,800,000, or AED 1,283 per sqft, 12% above the AED 1,145 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 27 January 2022, is AED 154,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 31,000 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical three-bed in Shoreline - Hallawi
2M4M20092013201720212025Typical sale price by year: 2009 AED 1,175,000; 2010 AED 1,700,000; 2011 AED 1,757,500; 2013 AED 1,181,700; 2014 AED 3,250,000; 2016 AED 2,990,000; 2017 AED 2,644,000; 2020 AED 1,625,000; 2021 AED 2,275,000; 2022 AED 2,812,500; 2023 AED 3,450,000; 2024 AED 4,700,000Sold by developer, April 2009: AED 1,175,000 (AED 538 per sqft)Sold, December 2011: AED 2,050,000 (AED 939 per sqft)Sold, May 2016: AED 2,990,000 (AED 1,370 per sqft)Sold, June 2022: AED 2,800,000 (AED 1,283 per sqft)

1002 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1002, each contractTypical three-bed in Shoreline - Hallawi
150K200K250K2012201620202024Typical rent by year: 2012 AED 155,000; 2013 AED 170,000; 2014 AED 199,237; 2015 AED 190,000; 2016 AED 185,000; 2017 AED 180,000; 2018 AED 160,000; 2019 AED 140,000; 2020 AED 130,000; 2021 AED 135,000; 2022 AED 159,750; 2023 AED 181,500; 2024 AED 224,915; 2025 AED 221,000; 2026 AED 233,000New contract, January 2014: AED 200,000 a yearNew contract, September 2016: AED 195,000 a yearRenewal, October 2017: AED 185,000 a yearNew contract, November 2018: AED 150,000 a yearRenewal, November 2019: AED 150,000 a yearNew contract, December 2020: AED 140,000 a yearRenewal, January 2022: AED 154,000 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 - Hallawi, and where 1002 sits

All 44 3-beds →

1002 last sold in June 2022 at AED 1,283 per sqft, 12% above what three-beds in Shoreline - Hallawi were fetching at the time (AED 1,145). Over the last 12 months three-beds sold for AED 5,500,000, around AED 2,545 per sqft, and rent for AED 180,000 to 340,000 a year. 1002's AED 154,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Jan 20265,500,000
13 Mar 20254,600,000
30 Dec 20244,700,000
18 Dec 20244,800,000
1 3-bed sale 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
10012-bedAED 975K · Jul 2017
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

1002, Shoreline - Hallawi in numbers

  • Sold 4 times: first on 26 April 2009 for AED 1,175,000, last on 27 June 2022 for AED 2,800,000 (AED 1,283 per sqft).
  • Rented since January 2014 on 7 Ejari contracts, from AED 200,000 to AED 154,000 a year.
  • At AED 154,000 a year the gross yield on the 2022 price is 5.5%, before a service charge of about AED 31,000 a year (AED 14.21 per sqft).
  • Three-beds in Shoreline - Hallawi sold for AED 5,500,000–5,500,000 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 27 June 2022.

Questions about 1002, Shoreline - Hallawi

What did unit 1002 last sell for?

AED 2,800,000 on 27 June 2022: AED 1,283 per sqft for 2,181 sqft. The unit has 4 registered sales; the first was AED 1,175,000 in April 2009.

What is the rent for unit 1002?

AED 154,000 a year on the contract renewed on 27 January 2022. The previous contract, from December 2020, was AED 140,000; the unit has been rented since January 2014.

How big is unit 1002?

2,181 sqft (202.6 sqm): a three-bedroom apartment on the 10th floor of a 10-storey tower completed in 2007.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Hallawi sold for AED 5,500,000 to 5,500,000 in the last 12 months, around AED 2,545 per sqft.

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Mortgage on 1002, Shoreline - Hallawi

Starts from the last sale price (AED 2.8M, 27 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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