4-bed · 4,840 sqftShoreline - Hallawi, Palm Jumeirah · completed 2007

PH01, Shoreline - Hallawi

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PH01 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 6M27 September 2023
Current rentAED 629K /yr22 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PH01, Shoreline - Hallawi

What is PH01 worth today?

Last sold for AED 6,000,000 in 2023

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22 Jul 2024RentedRenewal
AED 629,000/yr12 months · AED 130 per sqft
27 Sep 2023SoldReady
AED 6,000,000AED 1,239 per sqft
22 Sep 2023RentedNew contract
AED 504,000/yr10 months · AED 104 per sqft
22 Sep 2022RentedRenewal
AED 384,000/yr12 months · AED 79 per sqft
22 Sep 2021RentedNew contract
AED 320,000/yr12 months · AED 66 per sqft
1 Apr 2021RentedNew contract
AED 225,000/yr12 months · AED 46 per sqft
5 Sep 2020RentedNew contract
AED 200,000/yr24 months · AED 41 per sqft
5 Sep 2019RentedNew contract
AED 195,000/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
4-bed apartment
Size
4,840 sqft
Parking
B1-56,B1-57,B1-58
Developer
Nakheel
Completed
2007
Service charge
AED 68,800 /yr
Last sold
AED 6M · September 2023

About PH01, Shoreline - Hallawi

PH01 is a four-bedroom apartment of 4,840 sqft of Shoreline - Hallawi, a 10-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 27 September 2023 for AED 6,000,000, or AED 1,239 per sqft, 5% above the AED 1,183 four-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 22 July 2024, is AED 629,000 a year: a gross yield of 10.5% on the 2023 price, before the service charge of about AED 68,800 a year.

4-beds in Shoreline - Hallawi, and where PH01 sits

All 4 4-beds →

PH01 last sold in September 2023 at AED 1,239 per sqft, 5% above what four-beds in Shoreline - Hallawi were fetching at the time (AED 1,183). Over the last 12 months four-beds sold for AED 10,000,000 to 10,600,000, around AED 1,966 per sqft, and rent for AED 50,000 to 50,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
5 May 202610,600,000
17 Nov 202510,000,000
10 Jun 20247,440,000
18 May 20236,200,000
2 4-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 →

PH01, Shoreline - Hallawi in numbers

  • Sold 3 times: first on 27 April 2009 for AED 2,500,000, last on 27 September 2023 for AED 6,000,000 (AED 1,239 per sqft).
  • Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 220,000 to AED 190,000 in 2019 and recovered to AED 629,000 by July 2024.
  • At AED 629,000 a year the gross yield on the 2023 price is 10.5%, before a service charge of about AED 68,800 a year (AED 14.21 per sqft).
  • Four-beds in Shoreline - Hallawi sold for AED 10,000,000–10,600,000 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 22 July 2024.

Questions about PH01, Shoreline - Hallawi

What did unit PH01 last sell for?

AED 6,000,000 on 27 September 2023: AED 1,239 per sqft for 4,840 sqft. The unit has 3 registered sales; the first was AED 2,500,000 in April 2009.

What is the rent for unit PH01?

AED 629,000 a year on the contract renewed on 22 July 2024. The previous contract, from September 2023, was AED 504,000; the unit has been rented since August 2013.

How big is unit PH01?

4,840 sqft (449.7 sqm): a four-bedroom apartment of a 10-storey tower completed in 2007.

What is unit PH01 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Shoreline - Hallawi sold for AED 10,000,000 to 10,600,000 in the last 12 months, around AED 1,966 per sqft.

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Mortgage on PH01, Shoreline - Hallawi

Starts from the last sale price (AED 6M, 27 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,000,000
Deposit, UAE resident (20%)
AED 1,200,000
Deposit, non-resident (40%)
AED 2,400,000
Monthly over 25 years at 3.7%
AED 24,548

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