3-bed · 2,161 sqftShoreline - Hallawi, Palm Jumeirah · 5th floor · completed 2007

503, Shoreline - Hallawi

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 22 May 2025
Last soldAED 1.15M5 April 2009
Current rentAED 220K /yr22 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Shoreline - Hallawi

What is 503 worth today?

Last sold for AED 1,150,000 in 2009

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22 May 2025RentedNew contract
AED 220,000/yr12 months · AED 102 per sqft
22 May 2024RentedRenewal
AED 220,000/yr12 months · AED 102 per sqft
22 May 2023RentedNew contract
AED 220,000/yr12 months · AED 102 per sqft
25 Sep 2022RentedRenewal
AED 180,000/yr6 months · AED 83 per sqft
25 Sep 2021RentedRenewal
AED 153,000/yr12 months · AED 71 per sqft
25 Sep 2020RentedRenewal
AED 145,000/yr12 months · AED 67 per sqft
25 Sep 2019RentedRenewal
AED 165,000/yr12 months · AED 76 per sqft
25 Sep 2018RentedRenewal
AED 185,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 22 May 2025.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
5th of 10
Parking
B2-48,B2-49
Developer
Nakheel
Completed
2007
Service charge
AED 30,700 /yr
Last sold
AED 1.15M · April 2009

About 503, Shoreline - Hallawi

503 is a three-bedroom apartment of 2,161 sqft on the 5th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 5 April 2009 for AED 1,150,000, or AED 532 per sqft, in line with the AED 541 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 22 May 2025, is AED 220,000 a year: a gross yield of 19.1% on the 2009 price, before the service charge of about AED 30,700 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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 532 per sqft)

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

Rents
Unit 503, 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, September 2013: AED 190,000 a yearRenewal, September 2014: AED 190,000 a yearRenewal, September 2015: AED 200,000 a yearNew contract, September 2016: AED 185,000 a yearRenewal, September 2017: AED 185,000 a yearRenewal, September 2018: AED 185,000 a yearRenewal, September 2019: AED 165,000 a yearRenewal, September 2020: AED 145,000 a yearRenewal, September 2021: AED 153,000 a yearRenewal, September 2022: AED 180,000 a yearNew contract, May 2023: AED 220,000 a yearRenewal, May 2024: AED 220,000 a yearNew contract, May 2025: 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 503 sits

All 44 3-beds →

503 last sold in April 2009 at AED 532 per sqft, in line with what three-beds in Shoreline - Hallawi were fetching at the time (AED 541). 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. 503'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 5th floor

All 120 units in Shoreline - Hallawi
Value
5012-bedAED 1.29M · Nov 2020
5023-bedAED 2.2M · May 2021
5041-bedAED 600K · Apr 2009
5052-bedAED 2.15M · Mar 2017
5062-bedAED 3.5M · Jun 2024
5072-bedAED 4.4M · Oct 2025
5082-bedAED 1.98M · Jul 2022
1–7 of 11

503, Shoreline - Hallawi in numbers

  • Sold once: by Nakheel on 5 April 2009 for AED 1,150,000, or AED 532 per sqft.
  • Rented since September 2013 on 13 Ejari contracts. The rent fell from AED 190,000 to AED 145,000 in 2020 and recovered to AED 220,000 by May 2025.
  • At AED 220,000 a year the gross yield on the 2009 price is 19.1%, before a service charge of about AED 30,700 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 22 May 2025.

Questions about 503, Shoreline - Hallawi

What did unit 503 last sell for?

AED 1,150,000 on 5 April 2009, sold by the developer: AED 532 per sqft for 2,161 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 220,000 a year on the contract signed on 22 May 2025. The previous contract, from May 2024, was AED 220,000; the unit has been rented since September 2013.

How big is unit 503?

2,161 sqft (200.8 sqm): a three-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.

What is unit 503 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 503, Shoreline - Hallawi

Starts from the last sale price (AED 1.15M, 5 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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