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3-bed · 2,161 sqftShoreline - Msalli, Palm Jumeirah · 6th floor

603, Shoreline - Msalli

Sold prices and rental history: sold twice, last in January 2017, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 25 January 2017
Last soldAED 3M25 January 2017
Current rentAED 200K /yr16 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 603, Shoreline - Msalli

What is 603 worth today?

Last sold for AED 3,000,000 in 2017

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25 Jan 2017SoldReady
AED 3,000,000AED 1,388 per sqft
16 May 2015RentedNew contract
AED 200,000/yr12 months · AED 93 per sqft
11 Nov 2013RentedNew contract
AED 195,789/yr11 months · AED 91 per sqft
11 Nov 2012RentedNew contract
AED 180,000/yr12 months · AED 84 per sqft
27 Apr 2009Sold by developerReady
AED 1,275,000AED 590 per sqft

Source: Dubai Land Department. Updated 25 January 2017.

Key facts

Type
3-bed apartment
Size
2,161 sqft
Floor
6th of 9
Parking
B2-97,B2-98
Service charge
AED 31,900 /yr
Last sold
AED 3M · January 2017
Building
Shoreline - Msalli

About 603, Shoreline - Msalli

603 is a three-bedroom apartment of 2,161 sqft on the 6th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 25 January 2017 for AED 3,000,000, or AED 1,388 per sqft.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 16 May 2015, is AED 200,000 a year: a gross yield of 6.7% on the 2017 price, before the service charge of about AED 31,900 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical three-bed in Shoreline - Msalli
2M4M2009201420192024Typical sale price by year: 2009 AED 1,275,000; 2010 AED 1,935,000; 2011 AED 1,275,000; 2013 AED 2,850,000; 2014 AED 3,025,000; 2018 AED 2,495,004; 2019 AED 2,000,000; 2020 AED 2,500,000; 2022 AED 2,625,000; 2023 AED 4,000,000; 2024 AED 4,105,000; 2025 AED 5,200,000; 2026 AED 4,780,000Sold by developer, April 2009: AED 1,275,000 (AED 590 per sqft)Sold, January 2017: AED 3,000,000 (AED 1,388 per sqft)

603 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 603, each contractTypical three-bed in Shoreline - Msalli
200K2012201620202024Typical rent by year: 2012 AED 168,750; 2013 AED 187,237; 2014 AED 210,472; 2015 AED 210,000; 2016 AED 200,000; 2017 AED 195,000; 2018 AED 180,000; 2019 AED 162,500; 2020 AED 135,000; 2021 AED 146,000; 2022 AED 162,525; 2023 AED 187,427; 2024 AED 207,181; 2025 AED 240,000; 2026 AED 255,000New contract, November 2012: AED 180,000 a yearNew contract, November 2013: AED 195,789 a yearNew contract, May 2015: AED 200,000 a year

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 603 sits

All 39 3-beds →

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. 603's AED 200,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Oct 20264,780,000
1 May 20264,600,000
17 Feb 20265,200,000
27 Nov 20254,900,000
4 3-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 6th floor

All 107 units in Shoreline - Msalli
Value
6012-bedAED 3.65M · Apr 2025
6023-bedAED 4.44M · May 2009
6041-bedAED 685K · Jul 2009
6052-bedAED 895K · Apr 2009
6062-bedAED 1.15M · Apr 2009
6072-bedAED 7.15M · Jan 2026
6082-bedAED 895K · Apr 2009
1–7 of 11

603, Shoreline - Msalli in numbers

  • Sold twice: first on 27 April 2009 for AED 1,275,000, last on 25 January 2017 for AED 3,000,000 (AED 1,388 per sqft).
  • Rented since November 2012 on 3 Ejari contracts, from AED 180,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2017 price is 6.7%, 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 25 January 2017.

Questions about 603, Shoreline - Msalli

What did unit 603 last sell for?

AED 3,000,000 on 25 January 2017: AED 1,388 per sqft for 2,161 sqft. The unit has 2 registered sales; the first was AED 1,275,000 in April 2009.

What is the rent for unit 603?

AED 200,000 a year on the contract signed on 16 May 2015. The previous contract, from November 2013, was AED 195,789; the unit has been rented since November 2012.

How big is unit 603?

2,161 sqft (200.8 sqm): a three-bedroom apartment on the 6th floor of a 9-storey tower.

What is unit 603 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 603, Shoreline - Msalli

Starts from the last sale price (AED 3M, 25 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →