1-bed · 1,145 sqftShoreline - Msalli, Palm Jumeirah · 8th floor

804, Shoreline - Msalli

Sold prices and rental history: sold twice, last in August 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 11 December 2021
Last soldAED 965K20 August 2015
Current rentAED 120K /yr11 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Shoreline - Msalli

What is 804 worth today?

Last sold for AED 965,000 in 2015

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11 Dec 2021RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
18 Sep 2016RentedRenewal
AED 150,404/yr12 months · AED 132 per sqft
18 Sep 2015RentedNew contract
AED 150,000/yr12 months · AED 131 per sqft
20 Aug 2015SoldReady
AED 965,000AED 842 per sqft
10 Nov 2013RentedNew contract
AED 105,000/yr12 months · AED 92 per sqft
10 Nov 2012RentedNew contract
AED 105,000/yr12 months · AED 92 per sqft
30 Apr 2009Sold by developerReady
AED 685,000AED 598 per sqft

Source: Dubai Land Department. Updated 11 December 2021.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
8th of 9
Parking
B2-119
Service charge
AED 16,900 /yr
Last sold
AED 965K · August 2015

About 804, Shoreline - Msalli

804 is a one-bedroom apartment of 1,145 sqft on the 8th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 20 August 2015 for AED 965,000, or AED 842 per sqft, 54% below the AED 1,833 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 11 December 2021, is AED 120,000 a year: a gross yield of 12.4% on the 2015 price, before the service charge of about AED 16,900 a year.

Sales and rents for 804 over time

Sales
Unit 804, each saleTypical one-bed in Shoreline - Msalli
1M2M3M2009201320172021Typical sale price by year: 2009 AED 685,000; 2012 AED 1,362,500; 2013 AED 1,350,000; 2014 AED 2,100,000; 2023 AED 2,760,000Sold by developer, April 2009: AED 685,000 (AED 598 per sqft)Sold, August 2015: AED 965,000 (AED 842 per sqft)

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

Rents
Unit 804, each contractTypical one-bed in Shoreline - Msalli
100K150K2012201620202024Typical rent by year: 2013 AED 110,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 130,000; 2018 AED 123,000; 2019 AED 106,500; 2020 AED 93,000; 2021 AED 93,500; 2022 AED 104,860; 2023 AED 118,529; 2024 AED 138,000; 2025 AED 150,000; 2026 AED 145,000New contract, November 2012: AED 105,000 a yearNew contract, November 2013: AED 105,000 a yearNew contract, September 2015: AED 150,000 a yearRenewal, September 2016: AED 150,404 a yearNew contract, December 2021: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Msalli, and where 804 sits

All 23 1-beds →

804 last sold in August 2015 at AED 842 per sqft, 54% below what one-beds in Shoreline - Msalli were fetching at the time (AED 1,833). 804's AED 120,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Feb 20252,871,000
30 Dec 20243,472,000
8 Mar 20243,100,000
13 Nov 20232,760,000
0 1-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
8023-bedAED 4.05M · Apr 2023
8033-bedAED 1.28M · Apr 2009
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

804, Shoreline - Msalli in numbers

  • Sold twice: first on 30 April 2009 for AED 685,000, last on 20 August 2015 for AED 965,000 (AED 842 per sqft).
  • Rented since November 2012 on 5 Ejari contracts, from AED 105,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2015 price is 12.4%, before a service charge of about AED 16,900 a year (AED 14.75 per sqft).

Source: Dubai Land Department. Updated 11 December 2021.

Questions about 804, Shoreline - Msalli

What did unit 804 last sell for?

AED 965,000 on 20 August 2015: AED 842 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 685,000 in April 2009.

What is the rent for unit 804?

AED 120,000 a year on the contract signed on 11 December 2021. The previous contract, from September 2016, was AED 150,404; the unit has been rented since November 2012.

How big is unit 804?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 8th floor of a 9-storey tower.

What is unit 804 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 804, Shoreline - Msalli

Starts from the last sale price (AED 965K, 20 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 965,000
Deposit, UAE resident (20%)
AED 193,000
Deposit, non-resident (40%)
AED 386,000
Monthly over 25 years at 3.7%
AED 3,948

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