406, Shoreline - Msalli
Sold prices and rental history: sold 3 times, last in September 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Shoreline - Msalli
What is 406 worth today?
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Source: Dubai Land Department. Updated 16 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,998 sqft
- Floor
- 4th of 9
- Parking
- 1B2-64
- Service charge
- AED 29,500 /yr
- Last sold
- AED 6.2M · September 2024
- Building
- Shoreline - Msalli
About 406, Shoreline - Msalli
406 is a two-bedroom apartment of 1,998 sqft on the 4th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 16 September 2024 for AED 6,200,000, or AED 3,103 per sqft, 20% above the AED 2,579 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 15 May 2023, is AED 300,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 29,500 a year.
Sales and rents for 406 over time
406 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 406 sits
All 54 2-beds →406 last sold in September 2024 at AED 3,103 per sqft, 20% above what two-beds in Shoreline - Msalli were fetching at the time (AED 2,579). 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. 406's AED 300,000 is in the upper 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 | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,586 sqft | AED 3.05MAED 3,050,000 · Jan 2024January 2024 | 175,000 /yr | |
| 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 | |
| 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 |
406, Shoreline - Msalli in numbers
- Sold 3 times: first on 27 April 2009 for AED 1,050,000, last on 16 September 2024 for AED 6,200,000 (AED 3,103 per sqft).
- Rented since September 2022 on 2 Ejari contracts, from AED 60,000 to AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2024 price is 4.8%, 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 16 September 2024.
Questions about 406, Shoreline - Msalli
What did unit 406 last sell for?
AED 6,200,000 on 16 September 2024: AED 3,103 per sqft for 1,998 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in April 2009.
What is the rent for unit 406?
AED 300,000 a year on the contract signed on 15 May 2023. The previous contract, from September 2022, was AED 60,000.
How big is unit 406?
1,998 sqft (185.6 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower.
What is unit 406 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 406, Shoreline - Msalli
Starts from the last sale price (AED 6.2M, 16 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 6,200,000
- Deposit, UAE resident (20%)
- AED 1,240,000
- Deposit, non-resident (40%)
- AED 2,480,000
- Monthly over 25 years at 3.7%
- AED 25,366
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →