1-bed · 1,145 sqftShoreline - Hallawi, Palm Jumeirah · 4th floor · completed 2007

409, Shoreline - Hallawi

Sold prices and rental history: sold twice, last in August 2018, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 12 August 2018
Last soldAED 1.28M12 August 2018
Current rentAED 125K /yr20 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Shoreline - Hallawi

What is 409 worth today?

Last sold for AED 1,275,000 in 2018

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12 Aug 2018SoldReady
AED 1,275,000AED 1,113 per sqft
20 Nov 2015RentedRenewal
AED 125,000/yr6 months · AED 110 per sqft
20 Nov 2014RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
22 Apr 2009Sold by developerReady
AED 1,750,000AED 1,527 per sqft

Source: Dubai Land Department. Updated 12 August 2018.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
4th of 10
Parking
B2-59
Developer
Nakheel
Completed
2007
Service charge
AED 16,300 /yr
Last sold
AED 1.28M · August 2018

About 409, Shoreline - Hallawi

409 is a one-bedroom apartment of 1,145 sqft on the 4th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 12 August 2018 for AED 1,275,000, or AED 1,113 per sqft.

It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 20 November 2015, is AED 125,000 a year: a gross yield of 9.8% on the 2018 price, before the service charge of about AED 16,300 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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 1,750,000 (AED 1,527 per sqft)Sold, August 2018: AED 1,275,000 (AED 1,113 per sqft)

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

Rents
Unit 409, 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, November 2014: AED 125,000 a yearRenewal, November 2015: AED 125,000 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 409 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. 409's AED 125,000 is in the upper half 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 4th floor

All 120 units in Shoreline - Hallawi
Value
4012-bedAED 2.65M · Nov 2022
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
1–7 of 11

409, Shoreline - Hallawi in numbers

  • Sold twice: first on 22 April 2009 for AED 1,750,000, last on 12 August 2018 for AED 1,275,000 (AED 1,113 per sqft).
  • Rented since November 2014 on 2 Ejari contracts, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2018 price is 9.8%, 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 12 August 2018.

Questions about 409, Shoreline - Hallawi

What did unit 409 last sell for?

AED 1,275,000 on 12 August 2018: AED 1,113 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 1,750,000 in April 2009.

What is the rent for unit 409?

AED 125,000 a year on the contract renewed on 20 November 2015. The previous contract, from November 2014, was AED 125,000.

How big is unit 409?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2007.

What is unit 409 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 409, Shoreline - Hallawi

Starts from the last sale price (AED 1.28M, 12 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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