3-bed · 2,221 sqftShoreline - Hallawi, Palm Jumeirah · 5th floor · completed 2007

511, Shoreline - Hallawi

Sold prices and rental history: sold 3 times, last in October 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 1 October 2020
Last soldAED 1.6M1 October 2020
Current rentAED 125K /yr1 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Shoreline - Hallawi

What is 511 worth today?

Last sold for AED 1,600,000 in 2020

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1 Oct 2020SoldReady
AED 1,600,000AED 720 per sqft
1 Apr 2020RentedRenewal
AED 125,000/yr12 months · AED 56 per sqft
1 Apr 2019RentedNew contract
AED 130,000/yr12 months · AED 59 per sqft
10 Feb 2018RentedRenewal
AED 171,000/yr12 months · AED 77 per sqft
10 Feb 2017RentedRenewal
AED 171,000/yr12 months · AED 77 per sqft
10 Feb 2016RentedNew contract
AED 171,000/yr12 months · AED 77 per sqft
25 Oct 2014RentedRenewal
AED 200,000/yr12 months · AED 90 per sqft
25 Oct 2013RentedNew contract
AED 185,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 1 October 2020.

Key facts

Type
3-bed apartment
Size
2,221 sqft
Floor
5th of 10
Parking
B2-100,B2-99
Developer
Nakheel
Completed
2007
Service charge
AED 31,600 /yr
Last sold
AED 1.6M · October 2020

About 511, Shoreline - Hallawi

511 is a three-bedroom apartment of 2,221 sqft on the 5th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 1 October 2020 for AED 1,600,000, or AED 720 per sqft, in line with the AED 720 three-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 1 April 2020, is AED 125,000 a year: a gross yield of 7.8% on the 2020 price, before the service charge of about AED 31,600 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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, May 2009: AED 3,850,000 (AED 1,733 per sqft)Sold, February 2011: AED 1,730,000 (AED 778 per sqft)Sold, October 2020: AED 1,600,000 (AED 720 per sqft)

511 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 511, 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, October 2013: AED 185,000 a yearRenewal, October 2014: AED 200,000 a yearNew contract, February 2016: AED 171,000 a yearRenewal, February 2017: AED 171,000 a yearRenewal, February 2018: AED 171,000 a yearNew contract, April 2019: AED 130,000 a yearRenewal, April 2020: AED 125,000 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 511 sits

All 44 3-beds →

511 last sold in October 2020 at AED 720 per sqft, in line with what three-beds in Shoreline - Hallawi were fetching at the time (AED 720). 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. 511's AED 125,000 is at the bottom 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
5033-bedAED 1.15M · Apr 2009
5041-bedAED 600K · Apr 2009
5052-bedAED 2.15M · Mar 2017
5062-bedAED 3.5M · Jun 2024
5072-bedAED 4.4M · Oct 2025
1–7 of 11

511, Shoreline - Hallawi in numbers

  • Sold 3 times: first on 20 May 2009 for AED 3,850,000, last on 1 October 2020 for AED 1,600,000 (AED 720 per sqft).
  • Rented since October 2013 on 7 Ejari contracts, from AED 185,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2020 price is 7.8%, 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 1 October 2020.

Questions about 511, Shoreline - Hallawi

What did unit 511 last sell for?

AED 1,600,000 on 1 October 2020: AED 720 per sqft for 2,221 sqft. The unit has 3 registered sales; the first was AED 3,850,000 in May 2009.

What is the rent for unit 511?

AED 125,000 a year on the contract renewed on 1 April 2020. The previous contract, from April 2019, was AED 130,000; the unit has been rented since October 2013.

How big is unit 511?

2,221 sqft (206.3 sqm): a three-bedroom apartment on the 5th floor of a 10-storey tower completed in 2007.

What is unit 511 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 511, Shoreline - Hallawi

Starts from the last sale price (AED 1.6M, 1 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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