3-bed · 2,181 sqftShoreline - Msalli, Palm Jumeirah · 8th floor

802, Shoreline - Msalli

Sold prices and rental history: sold 5 times, last in April 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 27 April 2023
Last soldAED 4.05M27 April 2023
Current rentAED 50K /yr30 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Shoreline - Msalli

What is 802 worth today?

Last sold for AED 4,050,000 in 2023

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27 Apr 2023SoldReady
AED 4,050,000AED 1,856 per sqft
30 Sep 2021RentedRenewal
AED 50,000/yr12 months · AED 23 per sqft
30 Sep 2021RentedRenewal
AED 50,000/yr12 months · AED 23 per sqft
30 Aug 2020RentedNew contract
AED 50,000/yr13 months · AED 23 per sqft
30 Aug 2020RentedNew contract
AED 50,000/yr13 months · AED 23 per sqft
18 Aug 2020SoldReady
AED 1,800,000AED 825 per sqft
10 Oct 2019SoldReady
AED 2,000,000AED 916 per sqft
31 Jul 2013SoldReady
AED 2,700,000AED 1,237 per sqft

Source: Dubai Land Department. Updated 27 April 2023.

Key facts

Type
3-bed apartment
Size
2,181 sqft
Floor
8th of 9
Parking
1B2-120,1B2-121
Service charge
AED 32,200 /yr
Last sold
AED 4.05M · April 2023

About 802, Shoreline - Msalli

802 is a three-bedroom apartment of 2,181 sqft on the 8th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 27 April 2023 for AED 4,050,000, or AED 1,856 per sqft, 43% above the AED 1,295 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 30 September 2021, is AED 50,000 a year: a gross yield of 1.2% on the 2023 price, before the service charge of about AED 32,200 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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 1,175,000 (AED 538 per sqft)Sold, July 2013: AED 2,700,000 (AED 1,237 per sqft)Sold, October 2019: AED 2,000,000 (AED 916 per sqft)Sold, August 2020: AED 1,800,000 (AED 825 per sqft)Sold, April 2023: AED 4,050,000 (AED 1,856 per sqft)

802 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 802, each contractTypical three-bed in Shoreline - Msalli
100K200K2012201620202024Typical 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 165,000 a yearNew contract, August 2020: AED 50,000 a yearNew contract, August 2020: AED 50,000 a yearRenewal, September 2021: AED 50,000 a yearRenewal, September 2021: AED 50,000 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 802 sits

All 39 3-beds →

802 last sold in April 2023 at AED 1,856 per sqft, 43% above what three-beds in Shoreline - Msalli were fetching at the time (AED 1,295). 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. 802's AED 50,000 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 8th floor

All 107 units in Shoreline - Msalli
Value
8012-bedAED 1.81M · Dec 2009
8033-bedAED 1.28M · Apr 2009
8041-bedAED 965K · Aug 2015
8052-bedAED 4.1M · Jun 2023
8062-bedAED 1.15M · Apr 2009
8072-bedAED 1.15M · May 2009
8082-bedAED 2M · Oct 2010
1–7 of 11

802, Shoreline - Msalli in numbers

  • Sold 5 times: first on 30 April 2009 for AED 1,175,000, last on 27 April 2023 for AED 4,050,000 (AED 1,856 per sqft).
  • Rented since November 2012 on 5 Ejari contracts, from AED 165,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 1.2%, before a service charge of about AED 32,200 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 27 April 2023.

Questions about 802, Shoreline - Msalli

What did unit 802 last sell for?

AED 4,050,000 on 27 April 2023: AED 1,856 per sqft for 2,181 sqft. The unit has 5 registered sales; the first was AED 1,175,000 in April 2009.

What is the rent for unit 802?

AED 50,000 a year on the contract renewed on 30 September 2021. The previous contract, from September 2021, was AED 50,000; the unit has been rented since November 2012.

How big is unit 802?

2,181 sqft (202.6 sqm): a three-bedroom apartment on the 8th floor of a 9-storey tower.

What is unit 802 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 802, Shoreline - Msalli

Starts from the last sale price (AED 4.05M, 27 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,050,000
Deposit, UAE resident (20%)
AED 810,000
Deposit, non-resident (40%)
AED 1,620,000
Monthly over 25 years at 3.7%
AED 16,570

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