506, Shoreline - Hallawi
Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Shoreline - Hallawi
What is 506 worth today?
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Source: Dubai Land Department. Updated 26 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,014 sqft
- Floor
- 5th of 10
- Parking
- B2-46
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 28,600 /yr
- Last sold
- AED 3.5M · June 2024
- Building
- Shoreline - Hallawi
About 506, Shoreline - Hallawi
506 is a two-bedroom apartment of 2,014 sqft on the 5th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 3 June 2024 for AED 3,500,000, or AED 1,737 per sqft, in line with the AED 1,737 two-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 26 July 2024, is AED 20,000 a year: a gross yield of 0.6% on the 2024 price, before the service charge of about AED 28,600 a year.
Sales and rents for 506 over time
506 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 506 sits
All 60 2-beds →506 last sold in June 2024 at AED 1,737 per sqft, in line with what two-beds in Shoreline - Hallawi were fetching at the time (AED 1,737). 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. 506's AED 20,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jun 202624 June 2026 | 1,586 sqft | 3,850,000 | 2,427 | ||
| 26 Feb 202626 February 2026 | 1,998 sqft | 4,500,000 | 2,252 | ||
| 21 Jan 202621 January 2026 | 1,551 sqft | 4,100,000 | 2,643 | ||
| 10 Dec 202510 December 2025 | 1,551 sqft | 4,125,000 | 2,659 |
Shoreline - Hallawi
Building120 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%
Other units on the 5th floor
All 120 units in Shoreline - Hallawi| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,583 sqft | AED 1.29MAED 1,290,000 · Nov 2020November 2020 | 145,000 /yr | |
| 502 | 3-bed | 2,221 sqft | AED 2.2MAED 2,200,000 · May 2021May 2021 | 222,338 /yr | |
| 503 | 3-bed | 2,161 sqft | AED 1.15MAED 1,150,000 · Apr 2009April 2009 | 220,000 /yr | |
| 504 | 1-bed | 1,145 sqft | AED 600KAED 600,000 · Apr 2009April 2009 | ||
| 505 | 2-bed | 1,551 sqft | AED 2.15MAED 2,150,000 · Mar 2017March 2017 | 200,000 /yr | |
| 507 | 2-bed | 2,014 sqft | AED 4.4MAED 4,400,000 · Oct 2025October 2025 | 185,000 /yr | |
| 508 | 2-bed | 1,551 sqft | AED 1.98MAED 1,975,500 · Jul 2022July 2022 | 90,000 /yr | |
| 509 | 1-bed | 1,145 sqft | AED 2MAED 2,000,000 · Aug 2026August 2026 | 110,250 /yr | |
| 510 | 3-bed | 2,161 sqft | AED 1.15MAED 1,150,000 · Apr 2009April 2009 | 235,000 /yr | |
| 511 | 3-bed | 2,221 sqft | AED 1.6MAED 1,600,000 · Oct 2020October 2020 | 125,000 /yr | |
| 512 | 2-bed | 1,583 sqft | AED 1.53MAED 1,532,000 · Jun 2012June 2012 | 147,000 /yr |
506, Shoreline - Hallawi in numbers
- Sold 3 times: first on 5 April 2009 for AED 1,025,000, last on 3 June 2024 for AED 3,500,000 (AED 1,737 per sqft).
- Rented since April 2013 on 13 Ejari contracts, from AED 130,000 to AED 20,000 a year.
- At AED 20,000 a year the gross yield on the 2024 price is 0.6%, before a service charge of about AED 28,600 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 26 July 2024.
Questions about 506, Shoreline - Hallawi
What did unit 506 last sell for?
AED 3,500,000 on 3 June 2024: AED 1,737 per sqft for 2,014 sqft. The unit has 3 registered sales; the first was AED 1,025,000 in April 2009.
What is the rent for unit 506?
AED 20,000 a year on the contract signed on 26 July 2024. The previous contract, from March 2024, was AED 240,000; the unit has been rented since April 2013.
How big is unit 506?
2,014 sqft (187.1 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.
What is unit 506 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.
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Mortgage on 506, Shoreline - Hallawi
Starts from the last sale price (AED 3.5M, 3 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,500,000
- Deposit, UAE resident (20%)
- AED 700,000
- Deposit, non-resident (40%)
- AED 1,400,000
- Monthly over 25 years at 3.7%
- AED 14,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →