2-bed · 1,583 sqftShoreline - Hallawi, Palm Jumeirah · 7th floor · completed 2007

712, Shoreline - Hallawi

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 825K22 April 2009
Current rentAED 185K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Shoreline - Hallawi

What is 712 worth today?

Last sold for AED 825,000 in 2009

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20 Oct 2024RentedRenewal
AED 185,000/yr12 months · AED 117 per sqft
20 Oct 2023RentedNew contract
AED 170,000/yr12 months · AED 107 per sqft
1 Jul 2020RentedNew contract
AED 90,000/yr14 months · AED 57 per sqft
6 Apr 2019RentedRenewal
AED 130,000/yr12 months · AED 82 per sqft
6 Apr 2018RentedRenewal
AED 140,000/yr12 months · AED 88 per sqft
6 Apr 2017RentedNew contract
AED 160,000/yr12 months · AED 101 per sqft
6 Apr 2016RentedNew contract
AED 160,000/yr12 months · AED 101 per sqft
6 Apr 2015RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
7th of 10
Parking
B2-119
Developer
Nakheel
Completed
2007
Service charge
AED 22,500 /yr
Last sold
AED 825K · April 2009

About 712, Shoreline - Hallawi

712 is a two-bedroom apartment of 1,583 sqft on the 7th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 22 April 2009 for AED 825,000, or AED 521 per sqft, in line with the AED 521 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 20 October 2024, is AED 185,000 a year: a gross yield of 22.4% on the 2009 price, before the service charge of about AED 22,500 a year.

Sales and rents for 712 over time

Sales
Unit 712, each saleTypical two-bed in Shoreline - Hallawi
2M4M2009201420192024Typical sale price by year: 2009 AED 825,000; 2010 AED 1,182,500; 2011 AED 1,400,000; 2012 AED 1,532,000; 2013 AED 1,750,000; 2014 AED 2,455,000; 2015 AED 2,163,000; 2016 AED 2,200,000; 2017 AED 2,025,000; 2018 AED 1,917,500; 2019 AED 1,425,000; 2020 AED 1,307,500; 2021 AED 1,820,000; 2022 AED 2,237,500; 2023 AED 2,600,000; 2024 AED 3,287,500; 2025 AED 4,125,000; 2026 AED 4,100,000Sold by developer, April 2009: AED 825,000 (AED 521 per sqft)

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

Rents
Unit 712, each contractTypical two-bed in Shoreline - Hallawi
100K150K200K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 130,000; 2014 AED 150,000; 2015 AED 152,500; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 128,500; 2019 AED 111,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 125,500; 2023 AED 140,000; 2024 AED 152,000; 2025 AED 183,750; 2026 AED 183,016New contract, November 2013: AED 145,000 a yearNew contract, April 2015: AED 150,000 a yearNew contract, April 2016: AED 160,000 a yearNew contract, April 2017: AED 160,000 a yearRenewal, April 2018: AED 140,000 a yearRenewal, April 2019: AED 130,000 a yearNew contract, July 2020: AED 90,000 a yearNew contract, October 2023: AED 170,000 a yearRenewal, October 2024: AED 185,000 a year

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 712 sits

All 60 2-beds →

712 last sold in April 2009 at AED 521 per sqft, in line with what two-beds in Shoreline - Hallawi were fetching at the time (AED 521). 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. 712's AED 185,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jun 20263,850,000
26 Feb 20264,500,000
21 Jan 20264,100,000
10 Dec 20254,125,000
4 2-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 7th floor

All 120 units in Shoreline - Hallawi
Value
7012-bedAED 1.39M · Apr 2020
7023-bedAED 3.51M · Dec 2014
7033-bedAED 3.45M · Mar 2024
7041-bedAED 625K · Apr 2009
7052-bedAED 4.1M · Jan 2026
7062-bedAED 2.75M · Mar 2023
7072-bedAED 2.4M · May 2016
1–7 of 11

712, Shoreline - Hallawi in numbers

  • Sold once: by Nakheel on 22 April 2009 for AED 825,000, or AED 521 per sqft.
  • Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 145,000 to AED 90,000 in 2020 and recovered to AED 185,000 by October 2024.
  • At AED 185,000 a year the gross yield on the 2009 price is 22.4%, before a service charge of about AED 22,500 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 20 October 2024.

Questions about 712, Shoreline - Hallawi

What did unit 712 last sell for?

AED 825,000 on 22 April 2009, sold by the developer: AED 521 per sqft for 1,583 sqft. It is the only registered sale of the unit.

What is the rent for unit 712?

AED 185,000 a year on the contract renewed on 20 October 2024. The previous contract, from October 2023, was AED 170,000; the unit has been rented since November 2013.

How big is unit 712?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2007.

What is unit 712 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 712, Shoreline - Hallawi

Starts from the last sale price (AED 825K, 22 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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