1-bed · 1,145 sqftShoreline - Msalli, Palm Jumeirah · 3rd floor

309, Shoreline - Msalli

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

Unit 309 · DLD and Ejari recordsUpdated 13 November 2023
Last soldAED 2.76M13 November 2023
Current rentAED 111K /yr10 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Shoreline - Msalli

What is 309 worth today?

Last sold for AED 2,760,000 in 2023

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13 Nov 2023SoldReady
AED 2,760,000AED 2,409 per sqft
10 May 2023RentedRenewal
AED 110,557/yr12 months · AED 97 per sqft
9 May 2022RentedNew contract
AED 104,719/yr12 months · AED 92 per sqft
25 Jan 2021RentedRenewal
AED 85,000/yr12 months · AED 74 per sqft
25 Jan 2020RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft
25 Jan 2020RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft
10 Dec 2018RentedNew contract
AED 105,000/yr12 months · AED 92 per sqft
31 Dec 2013RentedNew contract
AED 90,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 13 November 2023.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
3rd of 9
Parking
1B2-78
Service charge
AED 16,900 /yr
Last sold
AED 2.76M · November 2023

About 309, Shoreline - Msalli

309 is a one-bedroom apartment of 1,145 sqft on the 3rd floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 13 November 2023 for AED 2,760,000, or AED 2,409 per sqft, 7% above the AED 2,252 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 10 May 2023, is AED 110,557 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 16,900 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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 2009: AED 2,722,500 (AED 2,377 per sqft)Sold, November 2023: AED 2,760,000 (AED 2,409 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in Shoreline - Msalli
100K150K2013201720212025Typical 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, December 2013: AED 90,000 a yearNew contract, December 2018: AED 105,000 a yearNew contract, January 2020: AED 85,000 a yearNew contract, January 2020: AED 100,000 a yearRenewal, January 2021: AED 85,000 a yearNew contract, May 2022: AED 104,719 a yearRenewal, May 2023: AED 110,557 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 309 sits

All 23 1-beds →

309 last sold in November 2023 at AED 2,409 per sqft, 7% above what one-beds in Shoreline - Msalli were fetching at the time (AED 2,252). 309's AED 110,557 is in the lower half 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
21 Aug 20232,970,000
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 →

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
3052-bedAED 4M · Mar 2024
3062-bedAED 7.65M · Feb 2026
3072-bedAED 5.65M · Sep 2024
1–7 of 11

309, Shoreline - Msalli in numbers

  • Sold twice: first on 27 April 2009 for AED 2,722,500, last on 13 November 2023 for AED 2,760,000 (AED 2,409 per sqft).
  • Rented since December 2013 on 7 Ejari contracts, from AED 90,000 to AED 110,557 a year.
  • At AED 110,557 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 16,900 a year (AED 14.75 per sqft).

Source: Dubai Land Department. Updated 13 November 2023.

Questions about 309, Shoreline - Msalli

What did unit 309 last sell for?

AED 2,760,000 on 13 November 2023: AED 2,409 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 2,722,500 in April 2009.

What is the rent for unit 309?

AED 110,557 a year on the contract renewed on 10 May 2023. The previous contract, from May 2022, was AED 104,719; the unit has been rented since December 2013.

How big is unit 309?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower.

What is unit 309 worth today?

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

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Mortgage on 309, Shoreline - Msalli

Starts from the last sale price (AED 2.76M, 13 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,760,000
Deposit, UAE resident (20%)
AED 552,000
Deposit, non-resident (40%)
AED 1,104,000
Monthly over 25 years at 3.7%
AED 11,292

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