401, Shoreline - Msalli
Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Shoreline - Msalli
What is 401 worth today?
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Source: Dubai Land Department. Updated 19 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,586 sqft
- Floor
- 4th of 9
- Parking
- 1B2-72
- Service charge
- AED 23,400 /yr
- Last sold
- AED 3.05M · January 2024
- Building
- Shoreline - Msalli
About 401, Shoreline - Msalli
401 is a two-bedroom apartment of 1,586 sqft on the 4th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 19 January 2024 for AED 3,050,000, or AED 1,922 per sqft, 9% below the AED 2,106 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 15 July 2023, is AED 175,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 23,400 a year.
Sales and rents for 401 over time
401 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 401 sits
All 54 2-beds →401 last sold in January 2024 at AED 1,922 per sqft, 9% below what two-beds in Shoreline - Msalli were fetching at the time (AED 2,106). 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. 401's AED 175,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 1,994 sqft | 6,850,000 | 3,435 | ||
| 9 Sep 20269 September 2026 | 1,994 sqft | 6,450,000 | 3,235 | ||
| 1 Jun 20261 June 2026 | 1,551 sqft | 4,700,000 | 3,030 | ||
| 23 Feb 202623 February 2026 | 1,998 sqft | 7,650,500 | 3,829 |
Shoreline - Msalli
Building107 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%
Other units on the 4th floor
All 107 units in Shoreline - Msalli| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 3-bed | 2,221 sqft | AED 2.45MAED 2,450,000 · Mar 2013March 2013 | 280,000 /yr | |
| 403 | 3-bed | 2,161 sqft | AED 2.5MAED 2,500,000 · Aug 2022August 2022 | 270,000 /yr | |
| 404 | 1-bed | 1,143 sqft | AED 2.97MAED 2,970,000 · Aug 2023August 2023 | ||
| 405 | 2-bed | 1,551 sqft | AED 3.3MAED 3,300,000 · Feb 2014February 2014 | 215,000 /yr | |
| 406 | 2-bed | 1,998 sqft | AED 6.2MAED 6,200,000 · Sep 2024September 2024 | 300,000 /yr | |
| 407 | 2-bed | 1,998 sqft | AED 1.05MAED 1,050,000 · Apr 2009April 2009 | 380,000 /yr | |
| 408 | 2-bed | 1,551 sqft | AED 870KAED 870,000 · Dec 2010December 2010 | 180,000 /yr | |
| 409 | 1-bed | 1,145 sqft | AED 2.4MAED 2,400,000 · Nov 2022November 2022 | 109,890 /yr | |
| 410 | 3-bed | 1,083 sqft | AED 800KAED 800,000 · Feb 2021February 2021 | 270,000 /yr | |
| 411 | 3-bed | 2,200 sqft | AED 5MAED 4,999,000 · Jul 2025July 2025 | 280,000 /yr | |
| 412 | 2-bed | 1,586 sqft | AED 3.25MAED 3,250,000 · Mar 2025March 2025 | 240,000 /yr |
401, Shoreline - Msalli in numbers
- Sold 3 times: first on 27 April 2009 for AED 800,000, last on 19 January 2024 for AED 3,050,000 (AED 1,922 per sqft).
- Rented since November 2013 on 11 Ejari contracts. The rent fell from AED 160,000 to AED 100,000 in 2021 and recovered to AED 175,000 by July 2023.
- At AED 175,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 23,400 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 19 January 2024.
Questions about 401, Shoreline - Msalli
What did unit 401 last sell for?
AED 3,050,000 on 19 January 2024: AED 1,922 per sqft for 1,586 sqft. The unit has 3 registered sales; the first was AED 800,000 in April 2009.
What is the rent for unit 401?
AED 175,000 a year on the contract signed on 15 July 2023. The previous contract, from March 2023, was AED 183,051; the unit has been rented since November 2013.
How big is unit 401?
1,586 sqft (147.3 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower.
What is unit 401 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 401, Shoreline - Msalli
Starts from the last sale price (AED 3.05M, 19 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,050,000
- Deposit, UAE resident (20%)
- AED 610,000
- Deposit, non-resident (40%)
- AED 1,220,000
- Monthly over 25 years at 3.7%
- AED 12,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →