3-bed · 2,161 sqftShoreline - Hallawi, Palm Jumeirah · 2nd floor · completed 2007

203, Shoreline - Hallawi

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 16 September 2021
Last soldAED 2.48M16 September 2021
Current rentAED 200K /yr1 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Shoreline - Hallawi

What is 203 worth today?

Last sold for AED 2,475,000 in 2021

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16 Sep 2021SoldReady
AED 2,475,000AED 1,145 per sqft
1 Aug 2018RentedRenewal
AED 200,000/yr12 months · AED 92 per sqft
1 Aug 2017RentedRenewal
AED 200,000/yr12 months · AED 92 per sqft
1 Aug 2016RentedRenewal
AED 200,000/yr12 months · AED 92 per sqft
1 Aug 2015RentedNew contract
AED 200,000/yr12 months · AED 92 per sqft
1 Feb 2015RentedNew contract
AED 200,000/yr6 months · AED 92 per sqft
1 Aug 2013RentedNew contract
AED 170,000/yr12 months · AED 79 per sqft
3 Mar 2010SoldReady
AED 1,950,000AED 902 per sqft

Source: Dubai Land Department. Updated 16 September 2021.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
2nd of 10
Parking
B2-16,B2-17
Developer
Nakheel
Completed
2007
Service charge
AED 30,700 /yr
Last sold
AED 2.48M · September 2021

About 203, Shoreline - Hallawi

203 is a three-bedroom apartment of 2,161 sqft on the 2nd floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 16 September 2021 for AED 2,475,000, or AED 1,145 per sqft, 19% above the AED 964 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 August 2018, is AED 200,000 a year: a gross yield of 8.1% on the 2021 price, before the service charge of about AED 30,700 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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 1,150,000 (AED 532 per sqft)Sold, March 2010: AED 1,950,000 (AED 902 per sqft)Sold, September 2021: AED 2,475,000 (AED 1,145 per sqft)

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

Rents
Unit 203, 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, August 2013: AED 170,000 a yearNew contract, February 2015: AED 200,000 a yearNew contract, August 2015: AED 200,000 a yearRenewal, August 2016: AED 200,000 a yearRenewal, August 2017: AED 200,000 a yearRenewal, August 2018: AED 200,000 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 203 sits

All 44 3-beds →

203 last sold in September 2021 at AED 1,145 per sqft, 19% above what three-beds in Shoreline - Hallawi were fetching at the time (AED 964). 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. 203's AED 200,000 is in the lower half 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 2nd floor

All 120 units in Shoreline - Hallawi
Value
2012-bedAED 1.85M · May 2013
2023-bedAED 3.6M · Aug 2023
2041-bedAED 2.82M · Jan 2026
2052-bedAED 790K · Apr 2009
2062-bedAED 2.1M · Mar 2018
2072-bedAED 3.6M · Oct 2024
2082-bedAED 1.82M · Aug 2021
1–7 of 11

203, Shoreline - Hallawi in numbers

  • Sold 3 times: first on 5 April 2009 for AED 1,150,000, last on 16 September 2021 for AED 2,475,000 (AED 1,145 per sqft).
  • Rented since August 2013 on 6 Ejari contracts, from AED 170,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2021 price is 8.1%, before a service charge of about AED 30,700 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 16 September 2021.

Questions about 203, Shoreline - Hallawi

What did unit 203 last sell for?

AED 2,475,000 on 16 September 2021: AED 1,145 per sqft for 2,161 sqft. The unit has 3 registered sales; the first was AED 1,150,000 in April 2009.

What is the rent for unit 203?

AED 200,000 a year on the contract renewed on 1 August 2018. The previous contract, from August 2017, was AED 200,000; the unit has been rented since August 2013.

How big is unit 203?

2,161 sqft (200.8 sqm): a three-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2007.

What is unit 203 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 203, Shoreline - Hallawi

Starts from the last sale price (AED 2.48M, 16 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,475,000
Deposit, UAE resident (20%)
AED 495,000
Deposit, non-resident (40%)
AED 990,000
Monthly over 25 years at 3.7%
AED 10,126

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