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

809, Shoreline - Msalli

Sold prices and rental history: sold once, by the developer in May 2009, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 16 November 2020
Last soldAED 685K3 May 2009
Current rentAED 95K /yr16 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Shoreline - Msalli

What is 809 worth today?

Last sold for AED 685,000 in 2009

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16 Nov 2020RentedRenewal
AED 95,000/yr12 months · AED 83 per sqft
16 Nov 2019RentedNew contract
AED 95,000/yr12 months · AED 83 per sqft
3 May 2009Sold by developerReady
AED 685,000AED 598 per sqft

Source: Dubai Land Department. Updated 16 November 2020.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
8th of 9
Parking
B2-110
Service charge
AED 16,900 /yr
Last sold
AED 685K · May 2009

About 809, Shoreline - Msalli

809 is a one-bedroom apartment of 1,145 sqft on the 8th floor of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. The developer sold it on 3 May 2009 for AED 685,000, or AED 598 per sqft, in line with the AED 598 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 16 November 2020, is AED 95,000 a year: a gross yield of 13.9% on the 2009 price, before the service charge of about AED 16,900 a year.

Sales and rents for 809 over time

Sales
Unit 809, 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, May 2009: AED 685,000 (AED 598 per sqft)

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

Rents
Unit 809, each contractTypical one-bed in Shoreline - Msalli
100K150K2013201720212025Typical 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 2019: AED 95,000 a yearRenewal, November 2020: AED 95,000 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 809 sits

All 23 1-beds →

809 last sold in May 2009 at AED 598 per sqft, in line with what one-beds in Shoreline - Msalli were fetching at the time (AED 598). 809's AED 95,000 is in the lower 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
8041-bedAED 965K · Aug 2015
8052-bedAED 4.1M · Jun 2023
8062-bedAED 1.15M · Apr 2009
8072-bedAED 1.15M · May 2009
1–7 of 11

809, Shoreline - Msalli in numbers

  • Sold once: by the developer on 3 May 2009 for AED 685,000, or AED 598 per sqft.
  • Rented since November 2019 on 2 Ejari contracts, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2009 price is 13.9%, before a service charge of about AED 16,900 a year (AED 14.75 per sqft).

Source: Dubai Land Department. Updated 16 November 2020.

Questions about 809, Shoreline - Msalli

What did unit 809 last sell for?

AED 685,000 on 3 May 2009, sold by the developer: AED 598 per sqft for 1,145 sqft. It is the only registered sale of the unit.

What is the rent for unit 809?

AED 95,000 a year on the contract renewed on 16 November 2020. The previous contract, from November 2019, was AED 95,000.

How big is unit 809?

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

What is unit 809 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 809, Shoreline - Msalli

Starts from the last sale price (AED 685K, 3 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

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