2-bed · 1,998 sqftShoreline - Hallawi, Palm Jumeirah · 2nd floor · completed 2007

206, Shoreline - Hallawi

Sold prices and rental history: sold 3 times, last in March 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 1 March 2018
Last soldAED 2.1M1 March 2018
Current rentAED 150K /yr1 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Shoreline - Hallawi

What is 206 worth today?

Last sold for AED 2,100,000 in 2018

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1 Mar 2018SoldReady
AED 2,100,000AED 1,051 per sqft
1 Dec 2016RentedNew contract
AED 150,000/yr12 months · AED 75 per sqft
1 Oct 2015RentedRenewal
AED 160,000/yr12 months · AED 80 per sqft
1 Oct 2014RentedNew contract · flagged as an outlier
AED 16,000/yr12 months · AED 8 per sqft
1 Oct 2013RentedNew contract
AED 160,000/yr12 months · AED 80 per sqft
25 Jul 2012RentedNew contract
AED 125,000/yr12 months · AED 62 per sqft
30 Apr 2012SoldReady
AED 1,675,000AED 838 per sqft
5 Apr 2009Sold by developerReady
AED 1,400,000AED 700 per sqft

Source: Dubai Land Department. Updated 1 March 2018.

Key facts

Type
2-bed apartment
Size
1,998 sqft
Floor
2nd of 10
Parking
B2-18
Developer
Nakheel
Completed
2007
Service charge
AED 28,400 /yr
Last sold
AED 2.1M · March 2018

About 206, Shoreline - Hallawi

206 is a two-bedroom apartment of 1,998 sqft on the 2nd floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 1 March 2018 for AED 2,100,000, or AED 1,051 per sqft, 9% below the AED 1,160 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 1 December 2016, is AED 150,000 a year: a gross yield of 7.1% on the 2018 price, before the service charge of about AED 28,400 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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 1,400,000 (AED 700 per sqft)Sold, April 2012: AED 1,675,000 (AED 838 per sqft)Sold, March 2018: AED 2,100,000 (AED 1,051 per sqft)

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

Rents
Unit 206, 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, July 2012: AED 125,000 a yearNew contract, October 2013: AED 160,000 a yearRenewal, October 2015: AED 160,000 a yearNew contract, December 2016: AED 150,000 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 206 sits

All 60 2-beds →

206 last sold in March 2018 at AED 1,051 per sqft, 9% below what two-beds in Shoreline - Hallawi were fetching at the time (AED 1,160). 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. 206's AED 150,000 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 2nd floor

All 120 units in Shoreline - Hallawi
Value
2012-bedAED 1.85M · May 2013
2023-bedAED 3.6M · Aug 2023
2033-bedAED 2.48M · Sep 2021
2041-bedAED 2.82M · Jan 2026
2052-bedAED 790K · Apr 2009
2072-bedAED 3.6M · Oct 2024
2082-bedAED 1.82M · Aug 2021
1–7 of 11

206, Shoreline - Hallawi in numbers

  • Sold 3 times: first on 5 April 2009 for AED 1,400,000, last on 1 March 2018 for AED 2,100,000 (AED 1,051 per sqft).
  • Rented since July 2012 on 5 Ejari contracts. The rent fell from AED 125,000 to AED 16,000 in 2014 and recovered to AED 150,000 by December 2016.
  • At AED 150,000 a year the gross yield on the 2018 price is 7.1%, before a service charge of about AED 28,400 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 1 March 2018.

Questions about 206, Shoreline - Hallawi

What did unit 206 last sell for?

AED 2,100,000 on 1 March 2018: AED 1,051 per sqft for 1,998 sqft. The unit has 3 registered sales; the first was AED 1,400,000 in April 2009.

What is the rent for unit 206?

AED 150,000 a year on the contract signed on 1 December 2016. The previous contract, from October 2015, was AED 160,000; the unit has been rented since July 2012.

How big is unit 206?

1,998 sqft (185.6 sqm): a two-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2007.

What is unit 206 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 206, Shoreline - Hallawi

Starts from the last sale price (AED 2.1M, 1 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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