408, Shoreline - Msalli
Sold prices and rental history: sold once, by the developer in December 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Shoreline - Msalli
What is 408 worth today?
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Source: Dubai Land Department. Updated 10 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 4th of 9
- Parking
- B2-62
- Service charge
- AED 22,900 /yr
- Last sold
- AED 870K · December 2010
- Building
- Shoreline - Msalli
About 408, Shoreline - Msalli
408 is a two-bedroom apartment of 1,551 sqft on the 4th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. The developer sold it on 14 December 2010 for AED 870,000, or AED 560 per sqft, 39% below the AED 925 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 10 November 2023, is AED 180,000 a year: a gross yield of 20.7% on the 2010 price, before the service charge of about AED 22,900 a year.
Sales and rents for 408 over time
408 has sold once; 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 408 sits
All 54 2-beds →408 last sold in December 2010 at AED 560 per sqft, 39% below what two-beds in Shoreline - Msalli were fetching at the time (AED 925). 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. 408's AED 180,000 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| 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 |
408, Shoreline - Msalli in numbers
- Sold once: by the developer on 14 December 2010 for AED 870,000, or AED 560 per sqft.
- Rented since February 2012 on 14 Ejari contracts, from AED 146,571 to AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2010 price is 20.7%, 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 10 November 2023.
Questions about 408, Shoreline - Msalli
What did unit 408 last sell for?
AED 870,000 on 14 December 2010, sold by the developer: AED 560 per sqft for 1,551 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 180,000 a year on the contract renewed on 10 November 2023. The previous contract, from November 2022, was AED 170,000; the unit has been rented since February 2012.
How big is unit 408?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower.
What is unit 408 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 408, Shoreline - Msalli
Starts from the last sale price (AED 870K, 14 December 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →