3-bed · 2,174 sqftShoreline - Msalli, Palm Jumeirah · 2nd floor

203, Shoreline - Msalli

Sold prices and rental history: sold twice, last in October 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 April 2022
Last soldAED 1.6M7 October 2010
Current rentAED 150K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Shoreline - Msalli

What is 203 worth today?

Last sold for AED 1,600,000 in 2010

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1 Apr 2022RentedRenewal
AED 149,500/yr6 months · AED 69 per sqft
1 Apr 2021RentedRenewal
AED 130,000/yr12 months · AED 60 per sqft
1 Apr 2020RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
1 Aug 2019RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
16 Oct 2016RentedNew contract
AED 180,000/yr12 months · AED 84 per sqft
15 Sep 2015RentedRenewal
AED 190,000/yr12 months · AED 88 per sqft
15 Sep 2014RentedNew contract
AED 190,000/yr12 months · AED 88 per sqft
15 Sep 2013RentedNew contract
AED 189,474/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 1 April 2022.

Key facts

Type
3-bed apartment
Size
2,174 sqft
Floor
2nd of 9
Parking
B2-19,B2-20
Service charge
AED 32,100 /yr
Last sold
AED 1.6M · October 2010

About 203, Shoreline - Msalli

203 is a three-bedroom apartment of 2,174 sqft on the 2nd floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 7 October 2010 for AED 1,600,000, or AED 735 per sqft, 17% below the AED 883 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 April 2022, is AED 149,500 a year: a gross yield of 9.3% on the 2010 price, before the service charge of about AED 32,100 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical three-bed in Shoreline - Msalli
2M4M2009201420192024Typical sale price by year: 2009 AED 1,275,000; 2010 AED 1,935,000; 2011 AED 1,275,000; 2013 AED 2,850,000; 2014 AED 3,025,000; 2018 AED 2,495,004; 2019 AED 2,000,000; 2020 AED 2,500,000; 2022 AED 2,625,000; 2023 AED 4,000,000; 2024 AED 4,105,000; 2025 AED 5,200,000; 2026 AED 4,780,000Sold by developer, April 2009: AED 3,970,000 (AED 1,826 per sqft)Sold, October 2010: AED 1,600,000 (AED 735 per sqft)

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

Rents
Unit 203, each contractTypical three-bed in Shoreline - Msalli
200K2012201620202024Typical rent by year: 2012 AED 168,750; 2013 AED 187,237; 2014 AED 210,472; 2015 AED 210,000; 2016 AED 200,000; 2017 AED 195,000; 2018 AED 180,000; 2019 AED 162,500; 2020 AED 135,000; 2021 AED 146,000; 2022 AED 162,525; 2023 AED 187,427; 2024 AED 207,181; 2025 AED 240,000; 2026 AED 255,000New contract, September 2013: AED 189,474 a yearNew contract, September 2014: AED 190,000 a yearRenewal, September 2015: AED 190,000 a yearNew contract, October 2016: AED 180,000 a yearNew contract, August 2019: AED 130,000 a yearNew contract, April 2020: AED 130,000 a yearRenewal, April 2021: AED 130,000 a yearRenewal, April 2022: AED 149,500 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shoreline - Msalli, and where 203 sits

All 39 3-beds →

203 last sold in October 2010 at AED 735 per sqft, 17% below what three-beds in Shoreline - Msalli were fetching at the time (AED 883). Over the last 12 months three-beds sold for AED 4,600,000 to 5,200,000, around AED 2,199 per sqft, and rent for AED 199,690 to 300,000 a year. 203's AED 149,500 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Oct 20264,780,000
1 May 20264,600,000
17 Feb 20265,200,000
27 Nov 20254,900,000
4 3-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 →

Other units on the 2nd floor

All 107 units in Shoreline - Msalli
Value
2012-bedAED 4.4M · Oct 2025
2023-bedAED 4.78M · Oct 2026
2041-bedAED 2.63M · Apr 2009
2052-bedAED 4.7M · Jun 2026
2062-bedAED 1.53M · Sep 2011
2072-bedAED 6.25M · Nov 2024
2082-bedAED 2.7M · May 2017
1–7 of 11

203, Shoreline - Msalli in numbers

  • Sold twice: first on 29 April 2009 for AED 3,970,000, last on 7 October 2010 for AED 1,600,000 (AED 735 per sqft).
  • Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 189,474 to AED 130,000 in 2021 and recovered to AED 149,500 by April 2022.
  • At AED 149,500 a year the gross yield on the 2010 price is 9.3%, before a service charge of about AED 32,100 a year (AED 14.75 per sqft).
  • Three-beds in Shoreline - Msalli sold for AED 4,600,000–5,200,000 in the 12 months to November 2026; the building's median across all types is AED 3,030 per sqft.

Source: Dubai Land Department. Updated 1 April 2022.

Questions about 203, Shoreline - Msalli

What did unit 203 last sell for?

AED 1,600,000 on 7 October 2010: AED 735 per sqft for 2,174 sqft. The unit has 2 registered sales; the first was AED 3,970,000 in April 2009.

What is the rent for unit 203?

AED 149,500 a year on the contract renewed on 1 April 2022. The previous contract, from April 2021, was AED 130,000; the unit has been rented since September 2013.

How big is unit 203?

2,174 sqft (202.0 sqm): a three-bedroom apartment on the 2nd floor of a 9-storey tower.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Msalli sold for AED 4,600,000 to 5,200,000 in the last 12 months, around AED 2,199 per sqft.

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Mortgage on 203, Shoreline - Msalli

Starts from the last sale price (AED 1.6M, 7 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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