3-bed · 2,161 sqftShoreline - Hallawi, Palm Jumeirah · 6th floor · completed 2007

603, Shoreline - Hallawi

Sold prices and rental history: sold twice, last in May 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 13 September 2023
Last soldAED 2.1M5 May 2010
Current rentAED 180K /yr13 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Shoreline - Hallawi

What is 603 worth today?

Last sold for AED 2,098,625 in 2010

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13 Sep 2023RentedRenewal
AED 179,685/yr12 months · AED 83 per sqft
13 Sep 2022RentedRenewal
AED 163,350/yr12 months · AED 76 per sqft
13 Sep 2021RentedRenewal
AED 148,500/yr12 months · AED 69 per sqft
13 Sep 2020RentedRenewal
AED 135,000/yr12 months · AED 62 per sqft
13 Sep 2019RentedRenewal
AED 145,000/yr12 months · AED 67 per sqft
13 Sep 2018RentedNew contract
AED 155,000/yr12 months · AED 72 per sqft
20 Aug 2017RentedRenewal
AED 200,000/yr12 months · AED 92 per sqft
20 Aug 2016RentedRenewal
AED 215,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 13 September 2023.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
6th of 10
Parking
B2-91,B2-92
Developer
Nakheel
Completed
2007
Service charge
AED 30,700 /yr
Last sold
AED 2.1M · May 2010

About 603, Shoreline - Hallawi

603 is a three-bedroom apartment of 2,161 sqft on the 6th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 5 May 2010 for AED 2,098,625, or AED 971 per sqft, 28% above the AED 761 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 13 September 2023, is AED 179,685 a year: a gross yield of 8.6% on the 2010 price, before the service charge of about AED 30,700 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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 2010: AED 1,175,000 (AED 543 per sqft)Sold, May 2010: AED 2,098,625 (AED 971 per sqft)

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

Rents
Unit 603, 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, August 2013: AED 195,000 a yearNew contract, August 2014: AED 209,750 a yearNew contract, August 2015: AED 205,000 a yearRenewal, August 2016: AED 215,000 a yearRenewal, August 2017: AED 200,000 a yearNew contract, September 2018: AED 155,000 a yearRenewal, September 2019: AED 145,000 a yearRenewal, September 2020: AED 135,000 a yearRenewal, September 2021: AED 148,500 a yearRenewal, September 2022: AED 163,350 a yearRenewal, September 2023: AED 179,685 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 603 sits

All 44 3-beds →

603 last sold in May 2010 at AED 971 per sqft, 28% above what three-beds in Shoreline - Hallawi were fetching at the time (AED 761). 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. 603's AED 179,685 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 6th floor

All 120 units in Shoreline - Hallawi
Value
6012-bedAED 825K · Apr 2009
6023-bedAED 1.5M · Apr 2009
6041-bedAED 625K · Apr 2009
6052-bedAED 815K · May 2009
6062-bedAED 1.18M · Feb 2011
6072-bedAED 2.5M · Aug 2022
6082-bedAED 1.95M · Mar 2021
1–7 of 11

603, Shoreline - Hallawi in numbers

  • Sold twice: first on 18 April 2010 for AED 1,175,000, last on 5 May 2010 for AED 2,098,625 (AED 971 per sqft).
  • Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 195,000 to AED 135,000 in 2020 and recovered to AED 179,685 by September 2023.
  • At AED 179,685 a year the gross yield on the 2010 price is 8.6%, 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 13 September 2023.

Questions about 603, Shoreline - Hallawi

What did unit 603 last sell for?

AED 2,098,625 on 5 May 2010: AED 971 per sqft for 2,161 sqft. The unit has 2 registered sales; the first was AED 1,175,000 in April 2010.

What is the rent for unit 603?

AED 179,685 a year on the contract renewed on 13 September 2023. The previous contract, from September 2022, was AED 163,350; the unit has been rented since August 2013.

How big is unit 603?

2,161 sqft (200.8 sqm): a three-bedroom apartment on the 6th floor of a 10-storey tower completed in 2007.

What is unit 603 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 603, Shoreline - Hallawi

Starts from the last sale price (AED 2.1M, 5 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,098,625
Deposit, UAE resident (20%)
AED 419,725
Deposit, non-resident (40%)
AED 839,450
Monthly over 25 years at 3.7%
AED 8,586

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