2-bed · 1,551 sqftShoreline - Msalli, Palm Jumeirah · 4th floor

405, Shoreline - Msalli

Sold prices and rental history: sold 3 times, last in February 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 27 January 2026
Last soldAED 3.3M27 February 2014
Current rentAED 215K /yr27 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Shoreline - Msalli

What is 405 worth today?

Last sold for AED 3,300,000 in 2014

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27 Jan 2026RentedRenewal
AED 215,000/yr12 months · AED 139 per sqft
27 Jan 2025RentedNew contract
AED 215,000/yr12 months · AED 139 per sqft
27 Jan 2025RentedNew contract
AED 215,000/yr12 months · AED 139 per sqft
9 Dec 2023RentedNew contract
AED 210,000/yr12 months · AED 135 per sqft
15 Sep 2022RentedNew contract
AED 219,000/yr12 months · AED 141 per sqft
18 Sep 2021RentedRenewal
AED 110,000/yr3 months · AED 71 per sqft
18 Sep 2020RentedNew contract
AED 110,000/yr12 months · AED 71 per sqft
1 Aug 2019RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 27 January 2026.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
4th of 9
Parking
B2-65
Service charge
AED 22,900 /yr
Last sold
AED 3.3M · February 2014

About 405, Shoreline - Msalli

405 is a two-bedroom apartment of 1,551 sqft on the 4th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 27 February 2014 for AED 3,300,000, or AED 2,127 per sqft, 21% above the AED 1,764 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 27 January 2026, is AED 215,000 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 22,900 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, August 2010: AED 2,100,000 (AED 1,354 per sqft)Sold, February 2014: AED 3,300,000 (AED 2,127 per sqft)

405 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, 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, November 2012: AED 140,000 a yearNew contract, March 2015: AED 175,000 a yearRenewal, March 2016: AED 175,000 a yearNew contract, May 2017: AED 170,000 a yearRenewal, May 2018: AED 160,000 a yearNew contract, August 2019: AED 130,000 a yearNew contract, September 2020: AED 110,000 a yearRenewal, September 2021: AED 110,000 a yearNew contract, September 2022: AED 219,000 a yearNew contract, December 2023: AED 210,000 a yearNew contract, January 2025: AED 215,000 a yearNew contract, January 2025: AED 215,000 a yearRenewal, January 2026: AED 215,000 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 405 sits

All 54 2-beds →

405 last sold in February 2014 at AED 2,127 per sqft, 21% above what two-beds in Shoreline - Msalli were fetching at the time (AED 1,764). 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. 405's AED 215,000 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 4th floor

All 107 units in Shoreline - Msalli
Value
4012-bedAED 3.05M · Jan 2024
4023-bedAED 2.45M · Mar 2013
4033-bedAED 2.5M · Aug 2022
4041-bedAED 2.97M · Aug 2023
4062-bedAED 6.2M · Sep 2024
4072-bedAED 1.05M · Apr 2009
4082-bedAED 870K · Dec 2010
1–7 of 11

405, Shoreline - Msalli in numbers

  • Sold 3 times: first on 23 April 2009 for AED 870,000, last on 27 February 2014 for AED 3,300,000 (AED 2,127 per sqft).
  • Rented since November 2012 on 13 Ejari contracts. The rent fell from AED 140,000 to AED 110,000 in 2021 and recovered to AED 215,000 by January 2026.
  • At AED 215,000 a year the gross yield on the 2014 price is 6.5%, 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 27 January 2026.

Questions about 405, Shoreline - Msalli

What did unit 405 last sell for?

AED 3,300,000 on 27 February 2014: AED 2,127 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 870,000 in April 2009.

What is the rent for unit 405?

AED 215,000 a year on the contract renewed on 27 January 2026. The previous contract, from January 2025, was AED 215,000; the unit has been rented since November 2012.

How big is unit 405?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower.

What is unit 405 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 405, Shoreline - Msalli

Starts from the last sale price (AED 3.3M, 27 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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