505, Shoreline - Msalli
Sold prices and rental history: sold 4 times, last in August 2024, 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 505, Shoreline - Msalli
What is 505 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 22 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 5th of 9
- Parking
- 1B2-141
- Service charge
- AED 22,900 /yr
- Last sold
- AED 4.1M · August 2024
- Building
- Shoreline - Msalli
About 505, Shoreline - Msalli
505 is a two-bedroom apartment of 1,551 sqft on the 5th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 21 August 2024 for AED 4,100,000, or AED 2,643 per sqft, 4% above the AED 2,547 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 22 August 2024, is AED 120,000 a year: a gross yield of 2.9% on the 2024 price, before the service charge of about AED 22,900 a year.
Sales and rents for 505 over time
505 has sold 4 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 505 sits
All 54 2-beds →505 last sold in August 2024 at AED 2,643 per sqft, 4% above what two-beds in Shoreline - Msalli were fetching at the time (AED 2,547). 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. 505's AED 120,000 is at the bottom 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 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 | |
| 504 | 1-bed | 1,145 sqft | AED 2.8MAED 2,800,000 · Sep 2022September 2022 | 140,000 /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 |
505, Shoreline - Msalli in numbers
- Sold 4 times: first on 29 April 2009 for AED 870,000, last on 21 August 2024 for AED 4,100,000 (AED 2,643 per sqft).
- Rented since January 2013 on 13 Ejari contracts, from AED 135,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 2.9%, 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 22 August 2024.
Questions about 505, Shoreline - Msalli
What did unit 505 last sell for?
AED 4,100,000 on 21 August 2024: AED 2,643 per sqft for 1,551 sqft. The unit has 4 registered sales; the first was AED 870,000 in April 2009.
What is the rent for unit 505?
AED 120,000 a year on the contract signed on 22 August 2024. The previous contract, from September 2023, was AED 132,000; the unit has been rented since January 2013.
How big is unit 505?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.
What is unit 505 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.
Selling 505? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 505, Shoreline - Msalli
Starts from the last sale price (AED 4.1M, 21 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,100,000
- Deposit, UAE resident (20%)
- AED 820,000
- Deposit, non-resident (40%)
- AED 1,640,000
- Monthly over 25 years at 3.7%
- AED 16,774
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →