4-bed · 5,238 sqftShoreline - Msalli, Palm Jumeirah

PH06, Shoreline - Msalli

Sold prices and rental history: sold 3 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 PH06 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 8.2M27 April 2023
Current rentAED 550K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PH06, Shoreline - Msalli

What is PH06 worth today?

Last sold for AED 8,200,000 in 2023

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10 Oct 2024RentedRenewal
AED 550,000/yr12 months · AED 105 per sqft
10 Oct 2023RentedNew contract
AED 550,000/yr12 months · AED 105 per sqft
27 Apr 2023SoldReady
AED 8,200,000AED 1,565 per sqft
11 May 2022RentedRenewal
AED 258,035/yr12 months · AED 49 per sqft
11 May 2021RentedNew contract
AED 260,000/yr12 months · AED 50 per sqft
15 Nov 2020RentedRenewal
AED 290,000/yr3 months · AED 55 per sqft
15 Nov 2019RentedRenewal
AED 290,000/yr12 months · AED 55 per sqft
15 Nov 2018RentedNew contract
AED 290,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type
4-bed apartment
Size
5,238 sqft
Parking
1B1-10,1B1-8,1B1-9
Service charge
AED 77,300 /yr
Last sold
AED 8.2M · April 2023

About PH06, Shoreline - Msalli

PH06 is a four-bedroom apartment of 5,238 sqft of Shoreline - Msalli, a 9-storey tower in Palm Jumeirah. It last sold on 27 April 2023 for AED 8,200,000, or AED 1,565 per sqft.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 10 October 2024, is AED 550,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 77,300 a year.

Sales and rents for PH06 over time

Rents
Unit PH06, each contractTypical four-bed in Shoreline - Msalli
200K400K600K2012201620202024Typical rent by year: 2017 AED 275,000; 2018 AED 259,150; 2019 AED 250,541; 2020 AED 227,500; 2021 AED 227,500New contract, July 2012: AED 290,000 a yearRenewal, July 2013: AED 290,000 a yearRenewal, July 2014: AED 310,000 a yearRenewal, July 2015: AED 310,000 a yearRenewal, July 2016: AED 309,169 a yearRenewal, July 2017: AED 310,000 a yearNew contract, November 2018: AED 290,000 a yearRenewal, November 2019: AED 290,000 a yearRenewal, November 2020: AED 290,000 a yearNew contract, May 2021: AED 260,000 a yearRenewal, May 2022: AED 258,035 a yearNew contract, October 2023: AED 550,000 a yearRenewal, October 2024: AED 550,000 a year

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

4-beds in Shoreline - Msalli, and where PH06 sits

All 4 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
6 Sep 20155,750,000
10 Oct 20135,750,000
24 Sep 20132,600,000
27 Oct 20092,600,000
0 4-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 →

PH06, Shoreline - Msalli in numbers

  • Sold 3 times: first on 18 June 2009 for AED 3,250,000, last on 27 April 2023 for AED 8,200,000 (AED 1,565 per sqft).
  • Rented since July 2012 on 13 Ejari contracts. The rent fell from AED 290,000 to AED 258,035 in 2022 and recovered to AED 550,000 by October 2024.
  • At AED 550,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 77,300 a year (AED 14.75 per sqft).

Source: Dubai Land Department. Updated 10 October 2024.

Questions about PH06, Shoreline - Msalli

What did unit PH06 last sell for?

AED 8,200,000 on 27 April 2023: AED 1,565 per sqft for 5,238 sqft. The unit has 3 registered sales; the first was AED 3,250,000 in June 2009.

What is the rent for unit PH06?

AED 550,000 a year on the contract renewed on 10 October 2024. The previous contract, from October 2023, was AED 550,000; the unit has been rented since July 2012.

How big is unit PH06?

5,238 sqft (486.6 sqm): a four-bedroom apartment of a 9-storey tower.

What is unit PH06 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 PH06, Shoreline - Msalli

Starts from the last sale price (AED 8.2M, 27 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 8,200,000
Deposit, UAE resident (20%)
AED 1,640,000
Deposit, non-resident (40%)
AED 3,280,000
Monthly over 25 years at 3.7%
AED 33,549

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