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3-bed · 2,221 sqftShoreline - Hallawi, Palm Jumeirah · 4th floor · completed 2007

402, Shoreline - Hallawi

Sold prices and rental history: sold twice, last in March 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 16 March 2016
Last soldAED 3.05M16 March 2016
Current rentAED 220K /yr1 February 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Shoreline - Hallawi

What is 402 worth today?

Last sold for AED 3,050,000 in 2016

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16 Mar 2016SoldReady
AED 3,050,000AED 1,373 per sqft
1 Feb 2015RentedNew contract
AED 220,000/yr12 months · AED 99 per sqft
1 Feb 2014RentedNew contract
AED 210,000/yr12 months · AED 95 per sqft
26 Apr 2009Sold by developerReady
AED 1,150,000AED 517 per sqft

Source: Dubai Land Department. Updated 16 March 2016.

Key facts

Type
3-bed apartment
Size
2,221 sqft
Floor
4th of 10
Parking
B2-67,B2-68
Developer
Nakheel
Completed
2007
Service charge
AED 31,600 /yr
Last sold
AED 3.05M · March 2016
Building
Shoreline - Hallawi

About 402, Shoreline - Hallawi

402 is a three-bedroom apartment of 2,221 sqft on the 4th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 16 March 2016 for AED 3,050,000, or AED 1,373 per sqft.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 1 February 2015, is AED 220,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 31,600 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, March 2016: AED 3,050,000 (AED 1,373 per sqft)

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

Rents
Unit 402, 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, February 2014: AED 210,000 a yearNew contract, February 2015: AED 220,000 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 402 sits

All 44 3-beds →

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. 402's AED 220,000 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 4th floor

All 120 units in Shoreline - Hallawi
Value
4012-bedAED 2.65M · Nov 2022
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

402, Shoreline - Hallawi in numbers

  • Sold twice: first on 26 April 2009 for AED 1,150,000, last on 16 March 2016 for AED 3,050,000 (AED 1,373 per sqft).
  • Rented since February 2014 on 2 Ejari contracts, from AED 210,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2016 price is 7.2%, 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 16 March 2016.

Questions about 402, Shoreline - Hallawi

What did unit 402 last sell for?

AED 3,050,000 on 16 March 2016: AED 1,373 per sqft for 2,221 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in April 2009.

What is the rent for unit 402?

AED 220,000 a year on the contract signed on 1 February 2015. The previous contract, from February 2014, was AED 210,000.

How big is unit 402?

2,221 sqft (206.3 sqm): a three-bedroom apartment on the 4th floor of a 10-storey tower completed in 2007.

What is unit 402 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 402, Shoreline - Hallawi

Starts from the last sale price (AED 3.05M, 16 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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