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2-bed · 1,551 sqftShoreline - Hallawi, Palm Jumeirah · 10th floor · completed 2007

1008, Shoreline - Hallawi

Sold prices and rental history: sold twice, last in July 2016, and rented once, from September 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 21 July 2016
Last soldAED 2.2M21 July 2016
Current rentAED 158K /yr1 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1008, Shoreline - Hallawi

What is 1008 worth today?

Last sold for AED 2,200,000 in 2016

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21 Jul 2016SoldReady
AED 2,200,000AED 1,418 per sqft
1 Sep 2015RentedNew contract
AED 158,000/yr12 months · AED 102 per sqft
5 Apr 2009Sold by developerReady
AED 815,000AED 525 per sqft

Source: Dubai Land Department. Updated 21 July 2016.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
10th of 10
Parking
B1-7
Developer
Nakheel
Completed
2007
Service charge
AED 22,000 /yr
Last sold
AED 2.2M · July 2016
Building
Shoreline - Hallawi

About 1008, Shoreline - Hallawi

1008 is a two-bedroom apartment of 1,551 sqft on the 10th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 21 July 2016 for AED 2,200,000, or AED 1,418 per sqft, in line with the AED 1,427 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2015. The current contract, signed on 1 September 2015, is AED 158,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 22,000 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, 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, April 2009: AED 815,000 (AED 525 per sqft)Sold, July 2016: AED 2,200,000 (AED 1,418 per sqft)

1008 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1008, 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 2015: AED 158,000 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 1008 sits

All 60 2-beds →

1008 last sold in July 2016 at AED 1,418 per sqft, in line with what two-beds in Shoreline - Hallawi were fetching at the time (AED 1,427). 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. 1008's AED 158,000 is in the upper 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
10012-bedAED 975K · Jul 2017
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
1–7 of 11

1008, Shoreline - Hallawi in numbers

  • Sold twice: first on 5 April 2009 for AED 815,000, last on 21 July 2016 for AED 2,200,000 (AED 1,418 per sqft).
  • Rented since September 2015 on one Ejari contract, at AED 158,000 a year.
  • At AED 158,000 a year the gross yield on the 2016 price is 7.2%, before a service charge of about AED 22,000 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 21 July 2016.

Questions about 1008, Shoreline - Hallawi

What did unit 1008 last sell for?

AED 2,200,000 on 21 July 2016: AED 1,418 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 815,000 in April 2009.

What is the rent for unit 1008?

AED 158,000 a year on the contract signed on 1 September 2015.

How big is unit 1008?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 10th floor of a 10-storey tower completed in 2007.

What is unit 1008 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.

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Mortgage on 1008, Shoreline - Hallawi

Starts from the last sale price (AED 2.2M, 21 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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