2-bed · 1,994 sqftShoreline - Hallawi, Palm Jumeirah · 9th floor · completed 2007

906, Shoreline - Hallawi

Sold prices and rental history: sold 3 times, last in November 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 15 July 2020
Last soldAED 700K3 November 2014
Current rentAED 100K /yr15 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Shoreline - Hallawi

What is 906 worth today?

Last sold for AED 700,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Jul 2020RentedNew contract
AED 100,000/yr24 months · AED 50 per sqft
1 Feb 2020RentedRenewal
AED 144,000/yr12 months · AED 72 per sqft
1 Jan 2019RentedNew contract
AED 145,000/yr13 months · AED 73 per sqft
1 Jan 2018RentedNew contract
AED 145,000/yr12 months · AED 73 per sqft
20 Nov 2017RentedRenewal
AED 160,047/yr1 months · AED 80 per sqft
20 Nov 2016RentedRenewal
AED 160,000/yr12 months · AED 80 per sqft
20 Nov 2015RentedRenewal
AED 170,000/yr12 months · AED 85 per sqft
20 Nov 2014RentedNew contract
AED 170,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 15 July 2020.

Key facts

Type
2-bed apartment
Size
1,994 sqft
Floor
9th of 10
Parking
B1-71
Developer
Nakheel
Completed
2007
Service charge
AED 28,300 /yr
Last sold
AED 700K · November 2014

About 906, Shoreline - Hallawi

906 is a two-bedroom apartment of 1,994 sqft on the 9th floor of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 3 November 2014 for AED 700,000, or AED 351 per sqft, 78% below the AED 1,577 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 15 July 2020, is AED 100,000 a year: a gross yield of 14.3% on the 2014 price, before the service charge of about AED 28,300 a year.

Sales and rents for 906 over time

Sales
Unit 906, 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 2,100,000 (AED 1,053 per sqft)Sold, April 2012: AED 1,250,000 (AED 626 per sqft)Sold, November 2014: AED 700,000 (AED 351 per sqft)

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

Rents
Unit 906, 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, November 2012: AED 130,000 a yearNew contract, November 2013: AED 140,000 a yearNew contract, November 2014: AED 170,000 a yearRenewal, November 2015: AED 170,000 a yearRenewal, November 2016: AED 160,000 a yearRenewal, November 2017: AED 160,047 a yearNew contract, January 2018: AED 145,000 a yearNew contract, January 2019: AED 145,000 a yearRenewal, February 2020: AED 144,000 a yearNew contract, July 2020: AED 100,000 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 906 sits

All 60 2-beds →

906 last sold in November 2014 at AED 351 per sqft, 78% below what two-beds in Shoreline - Hallawi were fetching at the time (AED 1,577). 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. 906's AED 100,000 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
9052-bedAED 2.2M · Jul 2017
9072-bedAED 1.05M · Nov 2010
9082-bedAED 815K · Apr 2009
1–7 of 11

906, Shoreline - Hallawi in numbers

  • Sold 3 times: first on 26 April 2009 for AED 2,100,000, last on 3 November 2014 for AED 700,000 (AED 351 per sqft).
  • Rented since November 2012 on 10 Ejari contracts, from AED 130,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2014 price is 14.3%, before a service charge of about AED 28,300 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 15 July 2020.

Questions about 906, Shoreline - Hallawi

What did unit 906 last sell for?

AED 700,000 on 3 November 2014: AED 351 per sqft for 1,994 sqft. The unit has 3 registered sales; the first was AED 2,100,000 in April 2009.

What is the rent for unit 906?

AED 100,000 a year on the contract signed on 15 July 2020. The previous contract, from February 2020, was AED 144,000; the unit has been rented since November 2012.

How big is unit 906?

1,994 sqft (185.2 sqm): a two-bedroom apartment on the 9th floor of a 10-storey tower completed in 2007.

What is unit 906 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.

Selling 906? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 906, Shoreline - Hallawi

Starts from the last sale price (AED 700K, 3 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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