3-bed · 2,138 sqftShoreline - Msalli, Palm Jumeirah · 7th floor

710, Shoreline - Msalli

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 710 · DLD and Ejari recordsUpdated 1 June 2021
Last soldAED 1.28M27 April 2009
Current rentAED 175K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Shoreline - Msalli

What is 710 worth today?

Last sold for AED 1,275,000 in 2009

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1 Jun 2021RentedRenewal
AED 175,000/yr12 months · AED 81 per sqft
1 Jun 2020RentedNew contract
AED 175,000/yr12 months · AED 81 per sqft
15 Jul 2017RentedRenewal
AED 220,000/yr12 months · AED 103 per sqft
15 Jul 2016RentedRenewal
AED 220,000/yr12 months · AED 103 per sqft
15 Jul 2015RentedNew contract
AED 220,000/yr12 months · AED 103 per sqft
15 Jul 2014RentedNew contract
AED 220,000/yr12 months · AED 103 per sqft
15 Jul 2014RentedRenewal
AED 220,000/yr12 months · AED 103 per sqft
15 Jul 2013RentedNew contract
AED 200,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 1 June 2021.

Key facts

Type
3-bed apartment
Size
2,138 sqft
Floor
7th of 9
Parking
B2-127,B2-128
Service charge
AED 31,500 /yr
Last sold
AED 1.28M · April 2009

About 710, Shoreline - Msalli

710 is a three-bedroom apartment of 2,138 sqft on the 7th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. The developer sold it on 27 April 2009 for AED 1,275,000, or AED 596 per sqft, in line with the AED 595 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 June 2021, is AED 175,000 a year: a gross yield of 13.7% on the 2009 price, before the service charge of about AED 31,500 a year.

Sales and rents for 710 over time

Sales
Unit 710, 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 596 per sqft)

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

Rents
Unit 710, 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, July 2013: AED 200,000 a yearNew contract, July 2014: AED 220,000 a yearRenewal, July 2014: AED 220,000 a yearNew contract, July 2015: AED 220,000 a yearRenewal, July 2016: AED 220,000 a yearRenewal, July 2017: AED 220,000 a yearNew contract, June 2020: AED 175,000 a yearRenewal, June 2021: AED 175,000 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 710 sits

All 39 3-beds →

710 last sold in April 2009 at AED 596 per sqft, in line with what three-beds in Shoreline - Msalli were fetching at the time (AED 595). 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. 710's AED 175,000 is at the bottom 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 7th floor

All 107 units in Shoreline - Msalli
Value
7012-bedAED 1.94M · May 2017
7023-bedAED 2M · Apr 2009
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
1–7 of 11

710, Shoreline - Msalli in numbers

  • Sold once: by the developer on 27 April 2009 for AED 1,275,000, or AED 596 per sqft.
  • Rented since July 2013 on 8 Ejari contracts, from AED 200,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2009 price is 13.7%, before a service charge of about AED 31,500 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 1 June 2021.

Questions about 710, Shoreline - Msalli

What did unit 710 last sell for?

AED 1,275,000 on 27 April 2009, sold by the developer: AED 596 per sqft for 2,138 sqft. It is the only registered sale of the unit.

What is the rent for unit 710?

AED 175,000 a year on the contract renewed on 1 June 2021. The previous contract, from June 2020, was AED 175,000; the unit has been rented since July 2013.

How big is unit 710?

2,138 sqft (198.6 sqm): a three-bedroom apartment on the 7th floor of a 9-storey tower.

What is unit 710 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 710, Shoreline - Msalli

Starts from the last sale price (AED 1.28M, 27 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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