2-bed · 1,551 sqftShoreline - Msalli, Palm Jumeirah · 3rd floor

305, Shoreline - Msalli

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 16 March 2024
Last soldAED 4M1 March 2024
Current rentAED 250K /yr16 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Shoreline - Msalli

What is 305 worth today?

Last sold for AED 4,000,000 in 2024

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16 Mar 2024RentedNew contract
AED 250,000/yr12 months · AED 161 per sqft
1 Mar 2024SoldReady
AED 4,000,000AED 2,579 per sqft
8 Jul 2019RentedRenewal
AED 150,000/yr12 months · AED 97 per sqft
8 Jul 2018RentedNew contract
AED 160,000/yr12 months · AED 103 per sqft
17 Feb 2018RentedRenewal
AED 160,000/yr12 months · AED 103 per sqft
17 Feb 2017RentedNew contract
AED 165,000/yr12 months · AED 106 per sqft
19 Sep 2016RentedRenewal
AED 174,363/yr3 months · AED 112 per sqft
19 Sep 2015RentedRenewal
AED 175,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 16 March 2024.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
3rd of 9
Parking
1B1-60
Service charge
AED 22,900 /yr
Last sold
AED 4M · March 2024

About 305, Shoreline - Msalli

305 is a two-bedroom apartment of 1,551 sqft on the 3rd floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 1 March 2024 for AED 4,000,000, or AED 2,579 per sqft, 21% above the AED 2,127 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 16 March 2024, is AED 250,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 22,900 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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 870,000 (AED 560 per sqft)Sold, March 2024: AED 4,000,000 (AED 2,579 per sqft)

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

Rents
Unit 305, 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, May 2012: AED 163,000 a yearNew contract, May 2013: AED 163,000 a yearNew contract, September 2013: AED 175,000 a yearRenewal, September 2014: AED 183,750 a yearRenewal, September 2015: AED 175,000 a yearRenewal, September 2016: AED 174,363 a yearNew contract, February 2017: AED 165,000 a yearRenewal, February 2018: AED 160,000 a yearNew contract, July 2018: AED 160,000 a yearRenewal, July 2019: AED 150,000 a yearNew contract, March 2024: AED 250,000 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 305 sits

All 54 2-beds →

305 last sold in March 2024 at AED 2,579 per sqft, 21% above what two-beds in Shoreline - Msalli were fetching at the time (AED 2,127). 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. 305's AED 250,000 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 3rd floor

All 107 units in Shoreline - Msalli
Value
3012-bedAED 1.3M · Sep 2024
3023-bedAED 2.15M · Aug 2011
3033-bedAED 1.25M · Apr 2009
3041-bedAED 660K · Jul 2009
3062-bedAED 7.65M · Feb 2026
3072-bedAED 5.65M · Sep 2024
3082-bedAED 6.88M · Aug 2025
1–7 of 11

305, Shoreline - Msalli in numbers

  • Sold twice: first on 29 April 2009 for AED 870,000, last on 1 March 2024 for AED 4,000,000 (AED 2,579 per sqft).
  • Rented since May 2012 on 11 Ejari contracts, from AED 163,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 22,900 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 16 March 2024.

Questions about 305, Shoreline - Msalli

What did unit 305 last sell for?

AED 4,000,000 on 1 March 2024: AED 2,579 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 870,000 in April 2009.

What is the rent for unit 305?

AED 250,000 a year on the contract signed on 16 March 2024. The previous contract, from July 2019, was AED 150,000; the unit has been rented since May 2012.

How big is unit 305?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 305 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 305, Shoreline - Msalli

Starts from the last sale price (AED 4M, 1 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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