2-bed · 1,551 sqftShoreline - Hallawi, Palm Jumeirah · 9th floor · completed 2007

905, Shoreline - Hallawi

Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 905 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 2.2M12 July 2017
Current rentAED 137K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 905, Shoreline - Hallawi

What is 905 worth today?

Last sold for AED 2,200,000 in 2017

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1 Mar 2023RentedNew contract
AED 136,500/yr12 months · AED 88 per sqft
1 Mar 2022RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft
12 Jul 2017SoldReady
AED 2,200,000AED 1,418 per sqft
22 Feb 2016RentedRenewal
AED 140,000/yr12 months · AED 90 per sqft
20 Feb 2015RentedNew contract
AED 138,614/yr12 months · AED 89 per sqft
20 Feb 2014RentedNew contract
AED 139,172/yr12 months · AED 90 per sqft
22 Feb 2013RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
20 Feb 2012RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 1 March 2023.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
9th of 10
Parking
B2-151
Developer
Nakheel
Completed
2007
Service charge
AED 22,000 /yr
Last sold
AED 2.2M · July 2017

About 905, Shoreline - Hallawi

905 is a two-bedroom apartment of 1,551 sqft on the 9th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 12 July 2017 for AED 2,200,000, or AED 1,418 per sqft, in line with the AED 1,386 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 1 March 2023, is AED 136,500 a year: a gross yield of 6.2% on the 2017 price, before the service charge of about AED 22,000 a year.

Sales and rents for 905 over time

Sales
Unit 905, 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 815,000 (AED 525 per sqft)Sold, July 2017: AED 2,200,000 (AED 1,418 per sqft)

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

Rents
Unit 905, each contractTypical two-bed in Shoreline - Hallawi
100K150K2012201620202024Typical 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, February 2012: AED 130,000 a yearRenewal, February 2013: AED 130,000 a yearNew contract, February 2014: AED 139,172 a yearNew contract, February 2015: AED 138,614 a yearRenewal, February 2016: AED 140,000 a yearNew contract, March 2022: AED 130,000 a yearNew contract, March 2023: AED 136,500 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 905 sits

All 60 2-beds →

905 last sold in July 2017 at AED 1,418 per sqft, in line with what two-beds in Shoreline - Hallawi were fetching at the time (AED 1,386). 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. 905's AED 136,500 is in the lower 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 9th floor

All 120 units in Shoreline - Hallawi
Value
9012-bedAED 2.58M · Oct 2022
9023-bedAED 3.5M · Feb 2014
9033-bedAED 1.18M · Apr 2009
9041-bedAED 1.72M · Oct 2022
9062-bedAED 700K · Nov 2014
9072-bedAED 1.05M · Nov 2010
9082-bedAED 815K · Apr 2009
1–7 of 11

905, Shoreline - Hallawi in numbers

  • Sold twice: first on 26 April 2009 for AED 815,000, last on 12 July 2017 for AED 2,200,000 (AED 1,418 per sqft).
  • Rented since February 2012 on 7 Ejari contracts, from AED 130,000 to AED 136,500 a year.
  • At AED 136,500 a year the gross yield on the 2017 price is 6.2%, 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 1 March 2023.

Questions about 905, Shoreline - Hallawi

What did unit 905 last sell for?

AED 2,200,000 on 12 July 2017: AED 1,418 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 815,000 in April 2009.

What is the rent for unit 905?

AED 136,500 a year on the contract signed on 1 March 2023. The previous contract, from March 2022, was AED 130,000; the unit has been rented since February 2012.

How big is unit 905?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 9th floor of a 10-storey tower completed in 2007.

What is unit 905 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 905, Shoreline - Hallawi

Starts from the last sale price (AED 2.2M, 12 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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