
409, Shoreline - Msalli
Sold prices and rental history: sold twice, last in November 2022, 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 409, Shoreline - Msalli
What is 409 worth today?
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Source: Dubai Land Department. Updated 14 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,145 sqft
- Floor
- 4th of 9
- Parking
- B2-58
- Service charge
- AED 16,900 /yr
- Last sold
- AED 2.4M · November 2022
- Building
- Shoreline - Msalli
About 409, Shoreline - Msalli
409 is a one-bedroom apartment of 1,145 sqft on the 4th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 14 November 2022 for AED 2,400,000, or AED 2,095 per sqft.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 14 November 2022, is AED 109,890 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 16,900 a year.
Sales and rents for 409 over time
409 has sold twice; the dashed line is the one-bed median of each year in the building.
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 409 sits
All 23 1-beds →409's AED 109,890 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Feb 202520 February 2025 | 1,144 sqft | 2,871,000 | 2,508 | ||
| 30 Dec 202430 December 2024 | 1,145 sqft | 3,472,000 | 3,031 | ||
| 8 Mar 20248 March 2024 | 1,145 sqft | 3,100,000 | 2,706 | ||
| 13 Nov 202313 November 2023 | 1,145 sqft | 2,760,000 | 2,409 |
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 | |
| 408 | 2-bed | 1,551 sqft | AED 870KAED 870,000 · Dec 2010December 2010 | 180,000 /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 |
409, Shoreline - Msalli in numbers
- Sold twice: first on 14 December 2010 for AED 660,000, last on 14 November 2022 for AED 2,400,000 (AED 2,095 per sqft).
- Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 125,000 to AED 75,000 in 2020 and recovered to AED 109,890 by November 2022.
- At AED 109,890 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 16,900 a year (AED 14.75 per sqft).
Source: Dubai Land Department. Updated 14 November 2022.
Questions about 409, Shoreline - Msalli
What did unit 409 last sell for?
AED 2,400,000 on 14 November 2022: AED 2,095 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 660,000 in December 2010.
What is the rent for unit 409?
AED 109,890 a year on the contract signed on 14 November 2022. The previous contract, from September 2022, was AED 110,000; the unit has been rented since September 2013.
How big is unit 409?
1,145 sqft (106.4 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower.
What is unit 409 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 409, Shoreline - Msalli
Starts from the last sale price (AED 2.4M, 14 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →