3-bed · 2,181 sqftShoreline - Msalli, Palm Jumeirah · 7th floor

702, 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 702 · DLD and Ejari recordsUpdated 28 April 2009
Last soldAED 2M28 April 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Shoreline - Msalli

What is 702 worth today?

Last sold for AED 2,000,000 in 2009

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28 Apr 2009Sold by developerReady
AED 2,000,000AED 916 per sqft

Source: Dubai Land Department. Updated 28 April 2009.

Key facts

Type
3-bed apartment
Size
2,181 sqft
Floor
7th of 9
Parking
B2-84,B2-85
Service charge
AED 32,200 /yr
Last sold
AED 2M · April 2009

About 702, Shoreline - Msalli

702 is a three-bedroom apartment of 2,181 sqft on the 7th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. The developer sold it on 28 April 2009 for AED 2,000,000, or AED 916 per sqft, 55% above the AED 590 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, 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 2,000,000 (AED 916 per sqft)

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

Rents
Unit 702, 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 255,000

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 702 sits

All 39 3-beds →

702 last sold in April 2009 at AED 916 per sqft, 55% above what three-beds in Shoreline - Msalli were fetching at the time (AED 590). 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.

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 7th floor

All 107 units in Shoreline - Msalli
Value
7012-bedAED 1.94M · May 2017
7033-bedAED 1.28M · Apr 2009
7041-bedAED 685K · Apr 2009
7052-bedAED 895K · Apr 2009
7062-bedAED 1.15M · Apr 2009
7072-bedAED 4.2M · Feb 2023
7082-bedAED 3.38M · Dec 2022
1–7 of 11

702, Shoreline - Msalli in numbers

  • Sold once: by the developer on 28 April 2009 for AED 2,000,000, or AED 916 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 28 April 2009.

Questions about 702, Shoreline - Msalli

What did unit 702 last sell for?

AED 2,000,000 on 28 April 2009, sold by the developer: AED 916 per sqft for 2,181 sqft. It is the only registered sale of the unit.

How big is unit 702?

2,181 sqft (202.6 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower.

What is unit 702 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 702, Shoreline - Msalli

Starts from the last sale price (AED 2M, 28 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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