1-bed · 1,145 sqftShoreline - Hallawi, Palm Jumeirah · 6th floor · completed 2007

604, Shoreline - Hallawi

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 1 April 2020
Last soldAED 625K26 April 2009
Current rentAED 80K /yr1 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Shoreline - Hallawi

What is 604 worth today?

Last sold for AED 625,000 in 2009

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1 Apr 2020RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
26 Nov 2019RentedRenewal
AED 80,000/yr12 months · AED 70 per sqft
26 Nov 2018RentedRenewal
AED 80,000/yr12 months · AED 70 per sqft
26 Nov 2017RentedRenewal
AED 80,000/yr12 months · AED 70 per sqft
26 Nov 2016RentedRenewal
AED 80,000/yr12 months · AED 70 per sqft
26 Nov 2015RentedRenewal
AED 80,000/yr12 months · AED 70 per sqft
26 Nov 2014RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
26 Nov 2013RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 1 April 2020.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
6th of 10
Parking
B2-60
Developer
Nakheel
Completed
2007
Service charge
AED 16,300 /yr
Last sold
AED 625K · April 2009

About 604, Shoreline - Hallawi

604 is a one-bedroom apartment of 1,145 sqft on the 6th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 26 April 2009 for AED 625,000, or AED 545 per sqft, in line with the AED 545 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 1 April 2020, is AED 80,000 a year: a gross yield of 12.8% on the 2009 price, before the service charge of about AED 16,300 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical one-bed in Shoreline - Hallawi
1M2M2009201420192024Typical sale price by year: 2009 AED 625,000; 2026 AED 2,400,000Sold by developer, April 2009: AED 625,000 (AED 545 per sqft)

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

Rents
Unit 604, each contractTypical one-bed in Shoreline - Hallawi
75K100K125K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 82,000; 2014 AED 95,500; 2015 AED 115,000; 2016 AED 110,055; 2017 AED 105,000; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 75,000; 2021 AED 75,000; 2022 AED 89,000; 2023 AED 98,175; 2024 AED 120,000; 2025 AED 118,696; 2026 AED 120,000New contract, November 2012: AED 80,000 a yearNew contract, November 2013: AED 80,000 a yearNew contract, November 2014: AED 80,000 a yearRenewal, November 2015: AED 80,000 a yearRenewal, November 2016: AED 80,000 a yearRenewal, November 2017: AED 80,000 a yearRenewal, November 2018: AED 80,000 a yearRenewal, November 2019: AED 80,000 a yearNew contract, April 2020: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Hallawi, and where 604 sits

All 24 1-beds →

604 last sold in April 2009 at AED 545 per sqft, in line with what one-beds in Shoreline - Hallawi were fetching at the time (AED 545). Over the last 12 months one-beds sold for AED 2,000,000 to 2,815,000, around AED 2,095 per sqft, and rent for AED 100,000 to 135,712 a year. 604's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Oct 20262,400,000
7 Aug 20262,000,000
21 Jan 20262,815,000
19 Feb 20241,975,000
3 1-bed sales 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
6033-bedAED 2.1M · May 2010
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

604, Shoreline - Hallawi in numbers

  • Sold once: by Nakheel on 26 April 2009 for AED 625,000, or AED 545 per sqft.
  • Rented since November 2012 on 9 Ejari contracts, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2009 price is 12.8%, before a service charge of about AED 16,300 a year (AED 14.21 per sqft).
  • One-beds in Shoreline - Hallawi sold for AED 2,000,000–2,815,000 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 April 2020.

Questions about 604, Shoreline - Hallawi

What did unit 604 last sell for?

AED 625,000 on 26 April 2009, sold by the developer: AED 545 per sqft for 1,145 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 80,000 a year on the contract signed on 1 April 2020. The previous contract, from November 2019, was AED 80,000; the unit has been rented since November 2012.

How big is unit 604?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 6th floor of a 10-storey tower completed in 2007.

What is unit 604 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shoreline - Hallawi sold for AED 2,000,000 to 2,815,000 in the last 12 months, around AED 2,095 per sqft.

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Mortgage on 604, Shoreline - Hallawi

Starts from the last sale price (AED 625K, 26 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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