1-bed · 1,145 sqftShoreline - Hallawi, Palm Jumeirah · 3rd floor · completed 2007

309, Shoreline - Hallawi

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 2 August 2022
Last soldAED 1.7M8 June 2022
Current rentAED 90K /yr2 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Shoreline - Hallawi

What is 309 worth today?

Last sold for AED 1,700,000 in 2022

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2 Aug 2022RentedNew contract
AED 90,000/yr12 months · AED 79 per sqft
8 Jun 2022SoldReady
AED 1,700,000AED 1,484 per sqft
2 Aug 2021RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
7 Jul 2021RentedNew contract
AED 75,000/yr12 months · AED 66 per sqft
8 Jun 2020RentedRenewal
AED 85,000/yr12 months · AED 74 per sqft
8 Jun 2019RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft
1 Jun 2018RentedRenewal
AED 100,000/yr12 months · AED 88 per sqft
1 Jun 2017RentedRenewal
AED 105,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 2 August 2022.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
3rd of 10
Parking
B2-75
Developer
Nakheel
Completed
2007
Service charge
AED 16,300 /yr
Last sold
AED 1.7M · June 2022

About 309, Shoreline - Hallawi

309 is a one-bedroom apartment of 1,145 sqft on the 3rd floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 8 June 2022 for AED 1,700,000, or AED 1,484 per sqft.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 2 August 2022, is AED 90,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 16,300 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Shoreline - Hallawi
1M2M2009201420192024Typical sale price by year: 2009 AED 625,000; 2026 AED 2,400,000Sold by developer, April 2009: AED 1,510,000 (AED 1,318 per sqft)Sold, June 2022: AED 1,700,000 (AED 1,484 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Shoreline - Hallawi
75K100K125K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 82,000; 2014 AED 95,500; 2015 AED 115,000; 2016 AED 110,055; 2017 AED 105,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 89,000; 2023 AED 98,175; 2024 AED 120,000; 2025 AED 118,696; 2026 AED 120,000New contract, June 2013: AED 92,500 a yearRenewal, June 2014: AED 105,000 a yearRenewal, June 2015: AED 106,710 a yearRenewal, June 2016: AED 105,000 a yearRenewal, June 2017: AED 105,000 a yearRenewal, June 2018: AED 100,000 a yearNew contract, June 2019: AED 85,000 a yearRenewal, June 2020: AED 85,000 a yearNew contract, July 2021: AED 75,000 a yearNew contract, August 2021: AED 80,000 a yearNew contract, August 2022: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Hallawi, and where 309 sits

All 24 1-beds →

Over the last 12 months one-beds sold for AED 2,000,000 to 2,815,000, around AED 2,095 per sqft, and rent for AED 100,000 to 135,712 a year. 309's AED 90,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Oct 20262,400,000
7 Aug 20262,000,000
21 Jan 20262,815,000
19 Feb 20241,975,000
3 1-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 3rd floor

All 120 units in Shoreline - Hallawi
Value
3012-bedAED 2.54M · Jul 2009
3023-bedAED 3.2M · Jan 2014
3033-bedAED 3.1M · Apr 2023
3041-bedAED 1.98M · Feb 2024
3052-bedAED 1.74M · Nov 2017
3062-bedAED 4.5M · Feb 2026
3072-bedAED 1.03M · Apr 2009
1–7 of 11

309, Shoreline - Hallawi in numbers

  • Sold twice: first on 26 April 2009 for AED 1,510,000, last on 8 June 2022 for AED 1,700,000 (AED 1,484 per sqft).
  • Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 92,500 to AED 75,000 in 2021 and recovered to AED 90,000 by August 2022.
  • At AED 90,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 16,300 a year (AED 14.21 per sqft).
  • One-beds in Shoreline - Hallawi sold for AED 2,000,000–2,815,000 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 2 August 2022.

Questions about 309, Shoreline - Hallawi

What did unit 309 last sell for?

AED 1,700,000 on 8 June 2022: AED 1,484 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 1,510,000 in April 2009.

What is the rent for unit 309?

AED 90,000 a year on the contract signed on 2 August 2022. The previous contract, from August 2021, was AED 80,000; the unit has been rented since June 2013.

How big is unit 309?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2007.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shoreline - Hallawi sold for AED 2,000,000 to 2,815,000 in the last 12 months, around AED 2,095 per sqft.

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Mortgage on 309, Shoreline - Hallawi

Starts from the last sale price (AED 1.7M, 8 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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