3-bed · 2,182 sqftShoreline - Basri, Palm Jumeirah · 10th floor · completed 2007

1002, Shoreline - Basri

Sold prices and rental history: sold twice, last in November 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 19 November 2015
Last soldAED 2.9M19 November 2015
Current rentAED 190K /yr15 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Shoreline - Basri

What is 1002 worth today?

Last sold for AED 2,900,000 in 2015

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19 Nov 2015SoldReady
AED 2,900,000AED 1,329 per sqft
15 Jun 2014RentedRenewal
AED 190,000/yr12 months · AED 87 per sqft
15 Jun 2013RentedNew contract
AED 178,500/yr12 months · AED 82 per sqft
29 Apr 2009Sold by developerReady
AED 1,175,000AED 538 per sqft

Source: Dubai Land Department. Updated 19 November 2015.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Floor
10th of 11
Parking
B2-138,B2-139
Developer
Nakheel
Completed
2007
Service charge
AED 31,100 /yr
Last sold
AED 2.9M · November 2015

About 1002, Shoreline - Basri

1002 is a three-bedroom apartment of 2,182 sqft on the 10th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 19 November 2015 for AED 2,900,000, or AED 1,329 per sqft, 6% below the AED 1,412 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 15 June 2014, is AED 190,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 31,100 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical three-bed in Shoreline - Basri
2M4M20092013201720212025Typical sale price by year: 2009 AED 1,250,000; 2010 AED 2,100,000; 2011 AED 1,275,000; 2012 AED 2,450,000; 2013 AED 2,802,500; 2014 AED 3,850,000; 2017 AED 2,850,000; 2020 AED 2,020,000; 2021 AED 2,900,000; 2022 AED 2,900,000; 2024 AED 4,052,000Sold by developer, April 2009: AED 1,175,000 (AED 538 per sqft)Sold, November 2015: AED 2,900,000 (AED 1,329 per sqft)

1002 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1002, each contractTypical three-bed in Shoreline - Basri
150K200K250K2012201620202024Typical rent by year: 2012 AED 183,500; 2013 AED 185,000; 2014 AED 200,000; 2015 AED 200,000; 2016 AED 190,000; 2017 AED 183,000; 2018 AED 180,000; 2019 AED 140,000; 2020 AED 130,000; 2021 AED 132,000; 2022 AED 159,500; 2023 AED 200,013; 2024 AED 240,000; 2025 AED 240,000; 2026 AED 237,500New contract, June 2013: AED 178,500 a yearRenewal, June 2014: AED 190,000 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 - Basri, and where 1002 sits

All 47 3-beds →

1002 last sold in November 2015 at AED 1,329 per sqft, 6% below what three-beds in Shoreline - Basri were fetching at the time (AED 1,412). Over the last 12 months three-beds sold for AED 1,150,000 to 5,100,000, around AED 2,204 per sqft, and rent for AED 215,000 to 273,000 a year. 1002's AED 190,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Sep 20264,808,979
14 Mar 20265,100,000
27 Dec 20251,150,000
24 Apr 20243,500,000
3 3-bed sales in the last 12 months

Shoreline - Basri

Building

131 apartments, 1-bed to 4-bed over 11 floors in Palm Jumeirah, completed in 2007 by Nakheel. 5 sold in the last 12 months.

Typical price per sqft
AED 2,337
Typical sale
AED 5.1M
Typical rent
AED 220K /yr
Typical yield
5.0%
Shoreline - Basri, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 131 units in Shoreline - Basri
Value
10012-bedAED 2.2M · Aug 2015
10033-bedAED 1.28M · Feb 2010
10041-bedAED 1.83M · Apr 2013
10052-bedAED 6.5M · Aug 2025
10062-bedAED 1.15M · Apr 2009
10072-bedAED 3.95M · Dec 2022
10082-bedAED 895K · Apr 2009
1–7 of 11

1002, Shoreline - Basri in numbers

  • Sold twice: first on 29 April 2009 for AED 1,175,000, last on 19 November 2015 for AED 2,900,000 (AED 1,329 per sqft).
  • Rented since June 2013 on 2 Ejari contracts, from AED 178,500 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 31,100 a year (AED 14.26 per sqft).
  • Three-beds in Shoreline - Basri sold for AED 1,150,000–5,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,337 per sqft.

Source: Dubai Land Department. Updated 19 November 2015.

Questions about 1002, Shoreline - Basri

What did unit 1002 last sell for?

AED 2,900,000 on 19 November 2015: AED 1,329 per sqft for 2,182 sqft. The unit has 2 registered sales; the first was AED 1,175,000 in April 2009.

What is the rent for unit 1002?

AED 190,000 a year on the contract renewed on 15 June 2014. The previous contract, from June 2013, was AED 178,500.

How big is unit 1002?

2,182 sqft (202.7 sqm): a three-bedroom apartment on the 10th floor of a 11-storey tower completed in 2007.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shoreline - Basri sold for AED 1,150,000 to 5,100,000 in the last 12 months, around AED 2,204 per sqft.

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Mortgage on 1002, Shoreline - Basri

Starts from the last sale price (AED 2.9M, 19 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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