504, Shoreline - Msalli
Sold prices and rental history: sold 4 times, last in September 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 504, Shoreline - Msalli
What is 504 worth today?
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Source: Dubai Land Department. Updated 27 September 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,145 sqft
- Floor
- 5th of 9
- Parking
- B2-44
- Service charge
- AED 16,900 /yr
- Last sold
- AED 2.8M · September 2022
- Building
- Shoreline - Msalli
About 504, Shoreline - Msalli
504 is a one-bedroom apartment of 1,145 sqft on the 5th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 27 September 2022 for AED 2,800,000, or AED 2,444 per sqft.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 15 April 2022, is AED 140,000 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 16,900 a year.
Sales and rents for 504 over time
504 has sold 4 times; 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 504 sits
All 23 1-beds →504's AED 140,000 is in the upper 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 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 | |
| 503 | 3-bed | 2,160 sqft | AED 2.5MAED 2,500,000 · Oct 2018October 2018 | 180,000 /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 |
504, Shoreline - Msalli in numbers
- Sold 4 times: first on 29 April 2009 for AED 660,000, last on 27 September 2022 for AED 2,800,000 (AED 2,444 per sqft).
- Rented since May 2013 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 95,000 in 2019 and recovered to AED 140,000 by April 2022.
- At AED 140,000 a year the gross yield on the 2022 price is 5.0%, before a service charge of about AED 16,900 a year (AED 14.75 per sqft).
Source: Dubai Land Department. Updated 27 September 2022.
Questions about 504, Shoreline - Msalli
What did unit 504 last sell for?
AED 2,800,000 on 27 September 2022: AED 2,444 per sqft for 1,145 sqft. The unit has 4 registered sales; the first was AED 660,000 in April 2009.
What is the rent for unit 504?
AED 140,000 a year on the contract signed on 15 April 2022. The previous contract, from October 2019, was AED 95,000; the unit has been rented since May 2013.
How big is unit 504?
1,145 sqft (106.4 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower.
What is unit 504 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 504, Shoreline - Msalli
Starts from the last sale price (AED 2.8M, 27 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →