503, Shoreline - Msalli
Sold prices and rental history: sold 3 times, last in October 2018, 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 503, Shoreline - Msalli
What is 503 worth today?
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Source: Dubai Land Department. Updated 14 October 2018.
Key facts
- Type
- 3-bed apartment
- Size
- 2,160 sqft
- Floor
- 5th of 9
- Parking
- B2-50,B2-51
- Service charge
- AED 31,900 /yr
- Last sold
- AED 2.5M · October 2018
- Building
- Shoreline - Msalli
About 503, Shoreline - Msalli
503 is a three-bedroom apartment of 2,160 sqft on the 5th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 14 October 2018 for AED 2,500,000, or AED 1,157 per sqft, in line with the AED 1,157 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 21 December 2017, is AED 180,000 a year: a gross yield of 7.2% on the 2018 price, before the service charge of about AED 31,900 a year.
Sales and rents for 503 over time
503 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Shoreline - Msalli, and where 503 sits
All 39 3-beds →503 last sold in October 2018 at AED 1,157 per sqft, in line with what three-beds in Shoreline - Msalli were fetching at the time (AED 1,157). Over the last 12 months three-beds sold for AED 4,600,000 to 5,200,000, around AED 2,199 per sqft, and rent for AED 199,690 to 300,000 a year. 503's AED 180,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 2,200 sqft | 4,780,000 | 2,172 | ||
| 1 May 20261 May 2026 | 2,200 sqft | 4,600,000 | 2,090 | ||
| 17 Feb 202617 February 2026 | 2,181 sqft | 5,200,000 | 2,383 | ||
| 27 Nov 202527 November 2025 | 2,200 sqft | 4,900,000 | 2,226 |
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 5th floor
All 107 units in Shoreline - Msalli| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,563 sqft | AED 800KAED 800,000 · Feb 2012February 2012 | 190,000 /yr | |
| 502 | 3-bed | 2,221 sqft | AED 4.5MAED 4,500,000 · Jun 2024June 2024 | 230,000 /yr | |
| 504 | 1-bed | 1,145 sqft | AED 2.8MAED 2,800,000 · Sep 2022September 2022 | 140,000 /yr | |
| 505 | 2-bed | 1,551 sqft | AED 4.1MAED 4,100,000 · Aug 2024August 2024 | 120,000 /yr | |
| 506 | 2-bed | 2,000 sqft | AED 1.05MAED 1,050,000 · Apr 2009April 2009 | 310,000 /yr | |
| 507 | 2-bed | 2,014 sqft | AED 1.05MAED 1,050,000 · Apr 2009April 2009 | ||
| 508 | 2-bed | 1,551 sqft | AED 870KAED 870,000 · Apr 2009April 2009 | 80,000 /yr | |
| 509 | 1-bed | 1,145 sqft | AED 1.75MAED 1,750,000 · Aug 2021August 2021 | 180,000 /yr | |
| 510 | 3-bed | 2,161 sqft | AED 4MAED 4,000,000 · May 2023May 2023 | 155,000 /yr | |
| 511 | 3-bed | 2,200 sqft | AED 4.6MAED 4,600,000 · May 2026May 2026 | 225,000 /yr | |
| 512 | 2-bed | 1,583 sqft | AED 800KAED 800,000 · Apr 2009April 2009 | 180,000 /yr |
503, Shoreline - Msalli in numbers
- Sold 3 times: first on 29 April 2009 for AED 5,000,000, last on 14 October 2018 for AED 2,500,000 (AED 1,157 per sqft).
- Rented since August 2013 on 5 Ejari contracts, from AED 165,000 to AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2018 price is 7.2%, before a service charge of about AED 31,900 a year (AED 14.75 per sqft).
- Three-beds in Shoreline - Msalli sold for AED 4,600,000–5,200,000 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 14 October 2018.
Questions about 503, Shoreline - Msalli
What did unit 503 last sell for?
AED 2,500,000 on 14 October 2018: AED 1,157 per sqft for 2,160 sqft. The unit has 3 registered sales; the first was AED 5,000,000 in April 2009.
What is the rent for unit 503?
AED 180,000 a year on the contract renewed on 21 December 2017. The previous contract, from December 2016, was AED 190,000; the unit has been rented since August 2013.
How big is unit 503?
2,160 sqft (200.7 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Msalli sold for AED 4,600,000 to 5,200,000 in the last 12 months, around AED 2,199 per sqft.
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Mortgage on 503, Shoreline - Msalli
Starts from the last sale price (AED 2.5M, 14 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →