506, Shoreline - Msalli
Sold prices and rental history: sold once, by the developer in April 2009, 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 506, Shoreline - Msalli
What is 506 worth today?
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Source: Dubai Land Department. Updated 18 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 2,000 sqft
- Floor
- 5th of 9
- Parking
- B2-47
- Service charge
- AED 29,500 /yr
- Last sold
- AED 1.05M · April 2009
- Building
- Shoreline - Msalli
About 506, Shoreline - Msalli
506 is a two-bedroom apartment of 2,000 sqft on the 5th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. The developer sold it on 29 April 2009 for AED 1,050,000, or AED 525 per sqft, in line with the AED 526 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, renewed on 18 October 2026, is AED 310,000 a year: a gross yield of 29.5% on the 2009 price, before the service charge of about AED 29,500 a year.
Sales and rents for 506 over time
506 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 506 sits
All 54 2-beds →506 last sold in April 2009 at AED 525 per sqft, in line with what two-beds in Shoreline - Msalli were fetching at the time (AED 526). 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. 506's AED 310,000 is in the upper 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 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 | |
| 505 | 2-bed | 1,551 sqft | AED 4.1MAED 4,100,000 · Aug 2024August 2024 | 120,000 /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 |
506, Shoreline - Msalli in numbers
- Sold once: by the developer on 29 April 2009 for AED 1,050,000, or AED 525 per sqft.
- Rented since May 2012 on 15 Ejari contracts. The rent fell from AED 190,000 to AED 165,000 in 2020 and recovered to AED 310,000 by October 2026.
- At AED 310,000 a year the gross yield on the 2009 price is 29.5%, before a service charge of about AED 29,500 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 18 October 2026.
Questions about 506, Shoreline - Msalli
What did unit 506 last sell for?
AED 1,050,000 on 29 April 2009, sold by the developer: AED 525 per sqft for 2,000 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 310,000 a year on the contract renewed on 18 October 2026. The previous contract, from October 2025, was AED 310,000; the unit has been rented since May 2012.
How big is unit 506?
2,000 sqft (185.8 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.
What is unit 506 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 506, Shoreline - Msalli
Starts from the last sale price (AED 1.05M, 29 April 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →