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2-bed · 1,998 sqftShoreline - Msalli, Palm Jumeirah · 2nd floor

206, Shoreline - Msalli

Sold prices and rental history: sold twice, last in September 2011, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 15 August 2016
Last soldAED 1.53M18 September 2011
Current rentAED 240K /yr15 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, Shoreline - Msalli

What is 206 worth today?

Last sold for AED 1,525,000 in 2011

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15 Aug 2016RentedRenewal
AED 240,000/yr12 months · AED 120 per sqft
15 Aug 2015RentedNew contract
AED 240,000/yr12 months · AED 120 per sqft
18 Sep 2011SoldReady
AED 1,525,000AED 763 per sqft
27 Apr 2009Sold by developerReady
AED 1,050,000AED 525 per sqft

Source: Dubai Land Department. Updated 15 August 2016.

Key facts

Type
2-bed apartment
Size
1,998 sqft
Floor
2nd of 9
Parking
B2-154
Service charge
AED 29,500 /yr
Last sold
AED 1.53M · September 2011
Building
Shoreline - Msalli

About 206, Shoreline - Msalli

206 is a two-bedroom apartment of 1,998 sqft on the 2nd floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 18 September 2011 for AED 1,525,000, or AED 763 per sqft, 38% below the AED 1,225 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 15 August 2016, is AED 240,000 a year: a gross yield of 15.7% on the 2011 price, before the service charge of about AED 29,500 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in Shoreline - Msalli
05M2009201420192024Typical sale price by year: 2009 AED 895,000; 2010 AED 1,435,000; 2011 AED 2,150,000; 2012 AED 1,437,500; 2013 AED 3,005,000; 2017 AED 2,900,000; 2019 AED 1,875,000; 2021 AED 1,840,000; 2022 AED 3,375,000; 2023 AED 3,300,000; 2024 AED 4,500,000; 2025 AED 4,400,000; 2026 AED 6,650,000Sold by developer, April 2009: AED 1,050,000 (AED 525 per sqft)Sold, September 2011: AED 1,525,000 (AED 763 per sqft)

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

Rents
Unit 206, each contractTypical two-bed in Shoreline - Msalli
100K200K2012201620202024Typical rent by year: 2012 AED 148,750; 2013 AED 163,000; 2014 AED 177,500; 2015 AED 177,500; 2016 AED 170,000; 2017 AED 162,500; 2018 AED 155,000; 2019 AED 142,500; 2020 AED 117,500; 2021 AED 127,500; 2022 AED 140,000; 2023 AED 172,500; 2024 AED 182,500; 2025 AED 220,000; 2026 AED 225,000New contract, August 2015: AED 240,000 a yearRenewal, August 2016: AED 240,000 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 - Msalli, and where 206 sits

All 54 2-beds →

206 last sold in September 2011 at AED 763 per sqft, 38% below what two-beds in Shoreline - Msalli were fetching at the time (AED 1,225). Over the last 12 months two-beds sold for AED 3,850,000 to 7,650,500, around AED 3,435 per sqft, and rent for AED 160,000 to 380,000 a year. 206's AED 240,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20266,850,000
9 Sep 20266,450,000
1 Jun 20264,700,000
23 Feb 20267,650,500
7 2-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
2033-bedAED 1.6M · Oct 2010
2041-bedAED 2.63M · Apr 2009
2052-bedAED 4.7M · Jun 2026
2072-bedAED 6.25M · Nov 2024
2082-bedAED 2.7M · May 2017
1–7 of 11

206, Shoreline - Msalli in numbers

  • Sold twice: first on 27 April 2009 for AED 1,050,000, last on 18 September 2011 for AED 1,525,000 (AED 763 per sqft).
  • Rented since August 2015 on 2 Ejari contracts, at AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2011 price is 15.7%, before a service charge of about AED 29,500 a year (AED 14.75 per sqft).
  • Two-beds in Shoreline - Msalli sold for AED 3,850,000–7,650,500 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 15 August 2016.

Questions about 206, Shoreline - Msalli

What did unit 206 last sell for?

AED 1,525,000 on 18 September 2011: AED 763 per sqft for 1,998 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in April 2009.

What is the rent for unit 206?

AED 240,000 a year on the contract renewed on 15 August 2016. The previous contract, from August 2015, was AED 240,000.

How big is unit 206?

1,998 sqft (185.6 sqm): a two-bedroom apartment on the 2nd floor of a 9-storey tower.

What is unit 206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Msalli sold for AED 3,850,000 to 7,650,500 in the last 12 months, around AED 3,435 per sqft.

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Mortgage on 206, Shoreline - Msalli

Starts from the last sale price (AED 1.53M, 18 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,525,000
Deposit, UAE resident (20%)
AED 305,000
Deposit, non-resident (40%)
AED 610,000
Monthly over 25 years at 3.7%
AED 6,239

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