2-bed · 1,586 sqftShoreline - Hallawi, Palm Jumeirah · 4th floor · completed 2007

401, Shoreline - Hallawi

Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 25 November 2022
Last soldAED 2.65M25 November 2022
Current rentAED 100K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Shoreline - Hallawi

What is 401 worth today?

Last sold for AED 2,650,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Nov 2022SoldReady
AED 2,650,000AED 1,670 per sqft
1 Jun 2022RentedRenewal
AED 100,000/yr12 months · AED 63 per sqft
1 Jun 2021RentedRenewal
AED 100,000/yr12 months · AED 63 per sqft
1 Jun 2020RentedRenewal
AED 100,000/yr12 months · AED 63 per sqft
1 Jun 2019RentedNew contract
AED 100,000/yr12 months · AED 63 per sqft
2 Jun 2018RentedRenewal
AED 120,000/yr12 months · AED 76 per sqft
1 Jun 2017RentedRenewal
AED 119,668/yr12 months · AED 76 per sqft
1 Jun 2016RentedRenewal
AED 120,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 25 November 2022.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
4th of 10
Parking
B2-69
Developer
Nakheel
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 2.65M · November 2022

About 401, Shoreline - Hallawi

401 is a two-bedroom apartment of 1,586 sqft on the 4th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 25 November 2022 for AED 2,650,000, or AED 1,670 per sqft, 26% above the AED 1,322 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 11 Ejari contracts. The current contract, renewed on 1 June 2022, is AED 100,000 a year: a gross yield of 3.8% on the 2022 price, before the service charge of about AED 22,500 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, December 2010: AED 800,000 (AED 504 per sqft)Sold, April 2013: AED 1,550,000 (AED 977 per sqft)Sold, June 2014: AED 2,550,000 (AED 1,607 per sqft)Sold, November 2022: AED 2,650,000 (AED 1,670 per sqft)

401 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, each contractTypical two-bed in Shoreline - Hallawi
100K150K20112015201920232027Typical 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, November 2011: AED 102,000 a yearRenewal, November 2012: AED 102,000 a yearNew contract, June 2014: AED 120,976 a yearRenewal, June 2015: AED 120,000 a yearRenewal, June 2016: AED 120,000 a yearRenewal, June 2017: AED 119,668 a yearRenewal, June 2018: AED 120,000 a yearNew contract, June 2019: AED 100,000 a yearRenewal, June 2020: AED 100,000 a yearRenewal, June 2021: AED 100,000 a yearRenewal, June 2022: AED 100,000 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 401 sits

All 60 2-beds →

401 last sold in November 2022 at AED 1,670 per sqft, 26% above what two-beds in Shoreline - Hallawi were fetching at the time (AED 1,322). 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. 401's AED 100,000 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 4th floor

All 120 units in Shoreline - Hallawi
Value
4023-bedAED 3.05M · Mar 2016
4033-bedAED 850K · Oct 2010
4041-bedAED 600K · Apr 2009
4052-bedAED 2.95M · Mar 2024
4062-bedAED 2.3M · Oct 2017
4072-bedAED 2.09M · Sep 2021
4082-bedAED 2.51M · Oct 2014
1–7 of 11

401, Shoreline - Hallawi in numbers

  • Sold 4 times: first on 28 December 2010 for AED 800,000, last on 25 November 2022 for AED 2,650,000 (AED 1,670 per sqft).
  • Rented since November 2011 on 11 Ejari contracts, from AED 102,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 3.8%, before a service charge of about AED 22,500 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 25 November 2022.

Questions about 401, Shoreline - Hallawi

What did unit 401 last sell for?

AED 2,650,000 on 25 November 2022: AED 1,670 per sqft for 1,586 sqft. The unit has 4 registered sales; the first was AED 800,000 in December 2010.

What is the rent for unit 401?

AED 100,000 a year on the contract renewed on 1 June 2022. The previous contract, from June 2021, was AED 100,000; the unit has been rented since November 2011.

How big is unit 401?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2007.

What is unit 401 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.

Selling 401? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 401, Shoreline - Hallawi

Starts from the last sale price (AED 2.65M, 25 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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