508, Shoreline - Hallawi
Sold prices and rental history: sold 3 times, last in July 2022, 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 508, Shoreline - Hallawi
What is 508 worth today?
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Source: Dubai Land Department. Updated 6 July 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 5th of 10
- Parking
- B2-41
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 22,000 /yr
- Last sold
- AED 1.98M · July 2022
- Building
- Shoreline - Hallawi
About 508, Shoreline - Hallawi
508 is a two-bedroom apartment of 1,551 sqft on the 5th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 6 July 2022 for AED 1,975,500, or AED 1,273 per sqft, 11% above the AED 1,146 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 22 November 2021, is AED 90,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 22,000 a year.
Sales and rents for 508 over time
508 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 508 sits
All 60 2-beds →508 last sold in July 2022 at AED 1,273 per sqft, 11% above what two-beds in Shoreline - Hallawi were fetching at the time (AED 1,146). 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. 508's AED 90,000 is in the lower half 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 | |
| 506 | 2-bed | 2,014 sqft | AED 3.5MAED 3,500,000 · Jun 2024June 2024 | 20,000 /yr | |
| 507 | 2-bed | 2,014 sqft | AED 4.4MAED 4,400,000 · Oct 2025October 2025 | 185,000 /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 |
508, Shoreline - Hallawi in numbers
- Sold 3 times: first on 5 April 2009 for AED 790,000, last on 6 July 2022 for AED 1,975,500 (AED 1,273 per sqft).
- Rented since May 2013 on 7 Ejari contracts, from AED 115,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 22,000 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 6 July 2022.
Questions about 508, Shoreline - Hallawi
What did unit 508 last sell for?
AED 1,975,500 on 6 July 2022: AED 1,273 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 790,000 in April 2009.
What is the rent for unit 508?
AED 90,000 a year on the contract renewed on 22 November 2021. The previous contract, from November 2020, was AED 85,000; the unit has been rented since May 2013.
How big is unit 508?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.
What is unit 508 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 508, Shoreline - Hallawi
Starts from the last sale price (AED 1.98M, 6 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,975,500
- Deposit, UAE resident (20%)
- AED 395,100
- Deposit, non-resident (40%)
- AED 790,200
- Monthly over 25 years at 3.7%
- AED 8,082
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →