3-bed · 2,221 sqftShoreline - Hallawi, Palm Jumeirah · 3rd floor · completed 2007

311, Shoreline - Hallawi

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 9 January 2023
Last soldAED 3.45M9 January 2023
Current rentAED 120K /yr20 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Shoreline - Hallawi

What is 311 worth today?

Last sold for AED 3,450,000 in 2023

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9 Jan 2023SoldReady
AED 3,450,000AED 1,553 per sqft
28 Dec 2021SoldReady
AED 2,350,000AED 1,058 per sqft
20 Sep 2020RentedRenewal
AED 120,000/yr12 months · AED 54 per sqft
20 Sep 2019RentedNew contract
AED 128,000/yr12 months · AED 58 per sqft
15 Jun 2018RentedRenewal
AED 162,450/yr12 months · AED 73 per sqft
15 Jun 2017RentedRenewal
AED 171,000/yr12 months · AED 77 per sqft
15 Jun 2016RentedNew contract
AED 180,000/yr12 months · AED 81 per sqft
15 Jun 2015RentedNew contract
AED 180,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 9 January 2023.

Key facts

Type
3-bed apartment
Size
2,221 sqft
Floor
3rd of 10
Parking
B2-72,B2-73
Developer
Nakheel
Completed
2007
Service charge
AED 31,600 /yr
Last sold
AED 3.45M · January 2023

About 311, Shoreline - Hallawi

311 is a three-bedroom apartment of 2,221 sqft on the 3rd floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 9 January 2023 for AED 3,450,000, or AED 1,553 per sqft, 21% above the AED 1,283 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 20 September 2020, is AED 120,000 a year: a gross yield of 3.5% on the 2023 price, before the service charge of about AED 31,600 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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 517 per sqft)Sold, December 2021: AED 2,350,000 (AED 1,058 per sqft)Sold, January 2023: AED 3,450,000 (AED 1,553 per sqft)

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

Rents
Unit 311, each contractTypical three-bed in Shoreline - Hallawi
100K200K2012201620202024Typical 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, June 2012: AED 135,000 a yearNew contract, June 2013: AED 147,000 a yearNew contract, June 2014: AED 169,050 a yearNew contract, June 2015: AED 180,000 a yearNew contract, June 2016: AED 180,000 a yearRenewal, June 2017: AED 171,000 a yearRenewal, June 2018: AED 162,450 a yearNew contract, September 2019: AED 128,000 a yearRenewal, September 2020: AED 120,000 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 311 sits

All 44 3-beds →

311 last sold in January 2023 at AED 1,553 per sqft, 21% above what three-beds in Shoreline - Hallawi were fetching at the time (AED 1,283). 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. 311's AED 120,000 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 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

311, Shoreline - Hallawi in numbers

  • Sold 3 times: first on 5 April 2009 for AED 1,150,000, last on 9 January 2023 for AED 3,450,000 (AED 1,553 per sqft).
  • Rented since June 2012 on 9 Ejari contracts, from AED 135,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 3.5%, 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 9 January 2023.

Questions about 311, Shoreline - Hallawi

What did unit 311 last sell for?

AED 3,450,000 on 9 January 2023: AED 1,553 per sqft for 2,221 sqft. The unit has 3 registered sales; the first was AED 1,150,000 in April 2009.

What is the rent for unit 311?

AED 120,000 a year on the contract renewed on 20 September 2020. The previous contract, from September 2019, was AED 128,000; the unit has been rented since June 2012.

How big is unit 311?

2,221 sqft (206.3 sqm): a three-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2007.

What is unit 311 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 311, Shoreline - Hallawi

Starts from the last sale price (AED 3.45M, 9 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

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