2-bed · 2,014 sqftShoreline - Msalli, Palm Jumeirah · 5th floor

507, Shoreline - Msalli

Sold prices and rental history: sold once, by the developer in April 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 29 April 2009
Last soldAED 1.05M29 April 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Shoreline - Msalli

What is 507 worth today?

Last sold for AED 1,050,000 in 2009

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29 Apr 2009Sold by developerReady
AED 1,050,000AED 521 per sqft

Source: Dubai Land Department. Updated 29 April 2009.

Key facts

Type
2-bed apartment
Size
2,014 sqft
Floor
5th of 9
Parking
B2-122
Service charge
AED 29,700 /yr
Last sold
AED 1.05M · April 2009

About 507, Shoreline - Msalli

507 is a two-bedroom apartment of 2,014 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 521 per sqft, in line with the AED 526 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Shoreline - Msalli
05M2009201420192024Typical sale price by year: 2009 AED 895,000; 2010 AED 1,435,000; 2011 AED 2,150,000; 2012 AED 1,437,500; 2013 AED 3,005,000; 2017 AED 2,900,000; 2019 AED 1,875,000; 2021 AED 1,840,000; 2022 AED 3,375,000; 2023 AED 3,300,000; 2024 AED 4,500,000; 2025 AED 4,400,000; 2026 AED 6,650,000Sold by developer, April 2009: AED 1,050,000 (AED 521 per sqft)

507 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 507, each contractTypical two-bed in Shoreline - Msalli
100K150K200K2012201620202024Typical rent by year: 2012 AED 148,750; 2013 AED 163,000; 2014 AED 177,500; 2015 AED 177,500; 2016 AED 170,000; 2017 AED 162,500; 2018 AED 155,000; 2019 AED 142,500; 2020 AED 117,500; 2021 AED 127,500; 2022 AED 140,000; 2023 AED 172,500; 2024 AED 182,500; 2025 AED 220,000; 2026 AED 225,000

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 507 sits

All 54 2-beds →

507 last sold in April 2009 at AED 521 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.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20266,850,000
9 Sep 20266,450,000
1 Jun 20264,700,000
23 Feb 20267,650,500
7 2-bed sales in the last 12 months

Shoreline - Msalli

Building

107 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%
Shoreline - Msalli, Palm Jumeirah: prices, sales and rents →

Other units on the 5th floor

All 107 units in Shoreline - Msalli
Value
5012-bedAED 800K · Feb 2012
5023-bedAED 4.5M · Jun 2024
5033-bedAED 2.5M · Oct 2018
5041-bedAED 2.8M · Sep 2022
5052-bedAED 4.1M · Aug 2024
5062-bedAED 1.05M · Apr 2009
5082-bedAED 870K · Apr 2009
1–7 of 11

507, Shoreline - Msalli in numbers

  • Sold once: by the developer on 29 April 2009 for AED 1,050,000, or AED 521 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 29 April 2009.

Questions about 507, Shoreline - Msalli

What did unit 507 last sell for?

AED 1,050,000 on 29 April 2009, sold by the developer: AED 521 per sqft for 2,014 sqft. It is the only registered sale of the unit.

How big is unit 507?

2,014 sqft (187.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower.

What is unit 507 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 507, 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 →