2-bed · 1,551 sqftShoreline - Msalli, Palm Jumeirah · 8th floor

805, Shoreline - Msalli

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 12 June 2023
Last soldAED 4.1M12 June 2023
Current rentAED 140K /yr17 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Shoreline - Msalli

What is 805 worth today?

Last sold for AED 4,100,000 in 2023

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12 Jun 2023SoldReady
AED 4,100,000AED 2,643 per sqft
17 May 2022RentedRenewal
AED 140,000/yr12 months · AED 90 per sqft
17 May 2021RentedNew contract
AED 140,000/yr12 months · AED 90 per sqft
18 Dec 2018RentedNew contract
AED 150,000/yr12 months · AED 97 per sqft
22 Dec 2016RentedNew contract
AED 185,000/yr12 months · AED 119 per sqft
2 Jul 2016RentedRenewal
AED 175,000/yr3 months · AED 113 per sqft
2 Jul 2015RentedNew contract
AED 175,000/yr12 months · AED 113 per sqft
7 Oct 2009Sold by developerReady
AED 3,425,000AED 2,208 per sqft

Source: Dubai Land Department. Updated 12 June 2023.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
8th of 9
Parking
1B2-129
Service charge
AED 22,900 /yr
Last sold
AED 4.1M · June 2023

About 805, Shoreline - Msalli

805 is a two-bedroom apartment of 1,551 sqft on the 8th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 12 June 2023 for AED 4,100,000, or AED 2,643 per sqft, 29% above the AED 2,056 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 17 May 2022, is AED 140,000 a year: a gross yield of 3.4% on the 2023 price, before the service charge of about AED 22,900 a year.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical two-bed in Shoreline - Msalli
05M2009201420192024Typical sale price by year: 2009 AED 895,000; 2010 AED 1,435,000; 2011 AED 2,150,000; 2012 AED 1,437,500; 2013 AED 3,005,000; 2017 AED 2,900,000; 2019 AED 1,875,000; 2021 AED 1,840,000; 2022 AED 3,375,000; 2023 AED 3,300,000; 2024 AED 4,500,000; 2025 AED 4,400,000; 2026 AED 6,650,000Sold by developer, October 2009: AED 3,425,000 (AED 2,208 per sqft)Sold, June 2023: AED 4,100,000 (AED 2,643 per sqft)

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

Rents
Unit 805, each contractTypical two-bed in Shoreline - Msalli
100K150K200K2012201620202024Typical rent by year: 2012 AED 148,750; 2013 AED 163,000; 2014 AED 177,500; 2015 AED 177,500; 2016 AED 170,000; 2017 AED 162,500; 2018 AED 155,000; 2019 AED 142,500; 2020 AED 117,500; 2021 AED 127,500; 2022 AED 140,000; 2023 AED 172,500; 2024 AED 182,500; 2025 AED 220,000; 2026 AED 225,000New contract, July 2015: AED 175,000 a yearRenewal, July 2016: AED 175,000 a yearNew contract, December 2016: AED 185,000 a yearNew contract, December 2018: AED 150,000 a yearNew contract, May 2021: AED 140,000 a yearRenewal, May 2022: AED 140,000 a year

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

2-beds in Shoreline - Msalli, and where 805 sits

All 54 2-beds →

805 last sold in June 2023 at AED 2,643 per sqft, 29% above what two-beds in Shoreline - Msalli were fetching at the time (AED 2,056). Over the last 12 months two-beds sold for AED 3,850,000 to 7,650,500, around AED 3,435 per sqft, and rent for AED 160,000 to 380,000 a year. 805's AED 140,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20266,850,000
9 Sep 20266,450,000
1 Jun 20264,700,000
23 Feb 20267,650,500
7 2-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
8041-bedAED 965K · Aug 2015
8062-bedAED 1.15M · Apr 2009
8072-bedAED 1.15M · May 2009
8082-bedAED 2M · Oct 2010
1–7 of 11

805, Shoreline - Msalli in numbers

  • Sold twice: first on 7 October 2009 for AED 3,425,000, last on 12 June 2023 for AED 4,100,000 (AED 2,643 per sqft).
  • Rented since July 2015 on 6 Ejari contracts, from AED 175,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2023 price is 3.4%, before a service charge of about AED 22,900 a year (AED 14.75 per sqft).
  • Two-beds in Shoreline - Msalli sold for AED 3,850,000–7,650,500 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 12 June 2023.

Questions about 805, Shoreline - Msalli

What did unit 805 last sell for?

AED 4,100,000 on 12 June 2023: AED 2,643 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 3,425,000 in October 2009.

What is the rent for unit 805?

AED 140,000 a year on the contract renewed on 17 May 2022. The previous contract, from May 2021, was AED 140,000; the unit has been rented since July 2015.

How big is unit 805?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower.

What is unit 805 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Msalli sold for AED 3,850,000 to 7,650,500 in the last 12 months, around AED 3,435 per sqft.

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Mortgage on 805, Shoreline - Msalli

Starts from the last sale price (AED 4.1M, 12 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

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