1-bed · 1,145 sqftShoreline - Msalli, Palm Jumeirah

1009, Shoreline - Msalli

Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 2.5M9 November 2021
Current rentAED 40K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, Shoreline - Msalli

What is 1009 worth today?

Last sold for AED 2,500,000 in 2021

Unlock today's estimate, updated daily, with

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

1 Aug 2024RentedRenewal
AED 40,000/yr12 months · AED 35 per sqft
1 Aug 2023RentedNew contract
AED 40,000/yr12 months · AED 35 per sqft
9 Nov 2021SoldReady
AED 2,500,000AED 2,182 per sqft
28 Dec 2016SoldReady
AED 2,000,000AED 1,746 per sqft
3 Mar 2015RentedNew contract
AED 105,000/yr12 months · AED 92 per sqft
3 Mar 2014RentedNew contract
AED 105,000/yr12 months · AED 92 per sqft
18 Apr 2012Sold by developerReady
AED 685,000AED 598 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Parking
B1-13
Service charge
AED 16,900 /yr
Last sold
AED 2.5M · November 2021

About 1009, Shoreline - Msalli

1009 is a one-bedroom apartment of 1,145 sqft of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 9 November 2021 for AED 2,500,000, or AED 2,182 per sqft, 43% above the AED 1,527 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 40,000 a year: a gross yield of 1.6% on the 2021 price, before the service charge of about AED 16,900 a year.

Sales and rents for 1009 over time

Sales
Unit 1009, each saleTypical one-bed in Shoreline - Msalli
1M2M3M2009201320172021Typical sale price by year: 2009 AED 685,000; 2012 AED 1,362,500; 2013 AED 1,350,000; 2014 AED 2,100,000; 2023 AED 2,760,000Sold by developer, April 2012: AED 685,000 (AED 598 per sqft)Sold, December 2016: AED 2,000,000 (AED 1,746 per sqft)Sold, November 2021: AED 2,500,000 (AED 2,182 per sqft)

1009 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1009, each contractTypical one-bed in Shoreline - Msalli
50K100K150K2013201720212025Typical rent by year: 2013 AED 110,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 130,000; 2018 AED 123,000; 2019 AED 106,500; 2020 AED 93,000; 2021 AED 93,500; 2022 AED 104,860; 2023 AED 118,529; 2024 AED 138,000; 2025 AED 150,000; 2026 AED 145,000New contract, March 2014: AED 105,000 a yearNew contract, March 2015: AED 105,000 a yearNew contract, August 2023: AED 40,000 a yearRenewal, August 2024: AED 40,000 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 - Msalli, and where 1009 sits

All 23 1-beds →

1009 last sold in November 2021 at AED 2,182 per sqft, 43% above what one-beds in Shoreline - Msalli were fetching at the time (AED 1,527). 1009's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Feb 20252,871,000
30 Dec 20243,472,000
8 Mar 20243,100,000
13 Nov 20232,760,000
0 1-bed sales in the last 12 months

Shoreline - Msalli

Building

107 apartments, 1-bed to 5-bed over 9 floors in Palm Jumeirah. 11 sold in the last 12 months.

Typical price per sqft
AED 3,030 Up 9.3%
Typical sale
AED 5.2M
Typical rent
AED 223K /yr
Typical yield
4.1%
Shoreline - Msalli, Palm Jumeirah: prices, sales and rents →

1009, Shoreline - Msalli in numbers

  • Sold 3 times: first on 18 April 2012 for AED 685,000, last on 9 November 2021 for AED 2,500,000 (AED 2,182 per sqft).
  • Rented since March 2014 on 4 Ejari contracts, from AED 105,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2021 price is 1.6%, before a service charge of about AED 16,900 a year (AED 14.75 per sqft).

Source: Dubai Land Department. Updated 1 August 2024.

Questions about 1009, Shoreline - Msalli

What did unit 1009 last sell for?

AED 2,500,000 on 9 November 2021: AED 2,182 per sqft for 1,145 sqft. The unit has 3 registered sales; the first was AED 685,000 in April 2012.

What is the rent for unit 1009?

AED 40,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 40,000; the unit has been rented since March 2014.

How big is unit 1009?

1,145 sqft (106.4 sqm): a one-bedroom apartment of a 9-storey tower.

What is unit 1009 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 1009? 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 1009, Shoreline - Msalli

Starts from the last sale price (AED 2.5M, 9 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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