3-bed · 2,224 sqftShoreline - Hallawi, Palm Jumeirah · 1st floor · completed 2007

109, Shoreline - Hallawi

Sold prices and rental history: sold 3 times, last in May 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 21 May 2019
Last soldAED 875K21 May 2019
Current rentAED 162K /yr7 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Shoreline - Hallawi

What is 109 worth today?

Last sold for AED 875,000 in 2019

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21 May 2019SoldReady
AED 875,000AED 393 per sqft
7 Feb 2018RentedNew contract
AED 161,500/yr12 months · AED 73 per sqft
13 Dec 2016RentedRenewal
AED 160,000/yr12 months · AED 72 per sqft
13 Dec 2015RentedRenewal
AED 180,000/yr12 months · AED 81 per sqft
13 Dec 2014RentedNew contract
AED 180,000/yr12 months · AED 81 per sqft
21 Jul 2013RentedNew contract
AED 175,000/yr12 months · AED 79 per sqft
12 Oct 2011SoldReady
AED 1,680,000AED 755 per sqft
13 Apr 2009Sold by developerReady
AED 575,000AED 258 per sqft

Source: Dubai Land Department. Updated 21 May 2019.

Key facts

Type
3-bed apartment
Size
2,224 sqft
Floor
1st of 10
Parking
B2-140,B2-141
Developer
Nakheel
Completed
2007
Service charge
AED 31,600 /yr
Last sold
AED 875K · May 2019

About 109, Shoreline - Hallawi

109 is a three-bedroom apartment of 2,224 sqft on the 1st floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 21 May 2019 for AED 875,000, or AED 393 per sqft, 61% below the AED 1,009 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 7 February 2018, is AED 161,500 a year: a gross yield of 18.5% on the 2019 price, before the service charge of about AED 31,600 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical three-bed in Shoreline - Hallawi
02M4M20092013201720212025Typical 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 575,000 (AED 258 per sqft)Sold, October 2011: AED 1,680,000 (AED 755 per sqft)Sold, May 2019: AED 875,000 (AED 393 per sqft)

109 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 109, 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, July 2013: AED 175,000 a yearNew contract, December 2014: AED 180,000 a yearRenewal, December 2015: AED 180,000 a yearRenewal, December 2016: AED 160,000 a yearNew contract, February 2018: AED 161,500 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 109 sits

All 44 3-beds →

109 last sold in May 2019 at AED 393 per sqft, 61% below what three-beds in Shoreline - Hallawi were fetching at the time (AED 1,009). 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. 109's AED 161,500 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 1st floor

All 120 units in Shoreline - Hallawi
Value
1012-bedAED 1.5M · Jul 2021
1023-bedAED 2.25M · Jan 2019
1033-bedAED 1.15M · Oct 2015
1041-bedAED 600K · Apr 2009
1052-bedAED 1.3M · Oct 2012
1062-bedAED 2.13M · Jun 2022
1071-bedAED 600K · Apr 2009
1–7 of 11

109, Shoreline - Hallawi in numbers

  • Sold 3 times: first on 13 April 2009 for AED 575,000, last on 21 May 2019 for AED 875,000 (AED 393 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 175,000 to AED 161,500 a year.
  • At AED 161,500 a year the gross yield on the 2019 price is 18.5%, before a service charge of about AED 31,600 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 21 May 2019.

Questions about 109, Shoreline - Hallawi

What did unit 109 last sell for?

AED 875,000 on 21 May 2019: AED 393 per sqft for 2,224 sqft. The unit has 3 registered sales; the first was AED 575,000 in April 2009.

What is the rent for unit 109?

AED 161,500 a year on the contract signed on 7 February 2018. The previous contract, from December 2016, was AED 160,000; the unit has been rented since July 2013.

How big is unit 109?

2,224 sqft (206.6 sqm): a three-bedroom apartment on the 1st floor of a 10-storey tower completed in 2007.

What is unit 109 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 109, Shoreline - Hallawi

Starts from the last sale price (AED 875K, 21 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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