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

1011, Shoreline - Basri

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 10 March 2024
Last soldAED 1.18M22 April 2009
Current rentAED 175K /yr10 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Shoreline - Basri

What is 1011 worth today?

Last sold for AED 1,175,000 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Mar 2024RentedRenewal
AED 174,570/yr12 months · AED 80 per sqft
10 Mar 2023RentedRenewal
AED 151,800/yr12 months · AED 69 per sqft
10 Mar 2022RentedRenewal
AED 138,000/yr12 months · AED 63 per sqft
10 Mar 2021RentedNew contract
AED 120,000/yr12 months · AED 55 per sqft
1 Jul 2020RentedRenewal
AED 156,000/yr6 months · AED 71 per sqft
1 Jan 2020RentedRenewal
AED 156,000/yr6 months · AED 71 per sqft
1 Jan 2019RentedRenewal
AED 160,000/yr12 months · AED 73 per sqft
1 Feb 2018RentedRenewal
AED 169,996/yr11 months · AED 78 per sqft

Source: Dubai Land Department. Updated 10 March 2024.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Floor
10th of 11
Parking
B1-8,B1-9
Developer
Nakheel
Completed
2007
Service charge
AED 31,100 /yr
Last sold
AED 1.18M · April 2009

About 1011, Shoreline - Basri

1011 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. The developer sold it on 22 April 2009 for AED 1,175,000, or AED 538 per sqft, 7% below the AED 578 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 10 March 2024, is AED 174,570 a year: a gross yield of 14.9% on the 2009 price, before the service charge of about AED 31,100 a year.

Sales and rents for 1011 over time

Sales
Unit 1011, 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)

1011 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1011, each contractTypical three-bed in Shoreline - Basri
100K200K2012201620202024Typical 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, October 2015: AED 200,000 a yearNew contract, January 2016: AED 200,000 a yearNew contract, February 2017: AED 185,000 a yearRenewal, February 2018: AED 169,996 a yearRenewal, January 2019: AED 160,000 a yearRenewal, January 2020: AED 156,000 a yearRenewal, July 2020: AED 156,000 a yearNew contract, March 2021: AED 120,000 a yearRenewal, March 2022: AED 138,000 a yearRenewal, March 2023: AED 151,800 a yearRenewal, March 2024: AED 174,570 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 1011 sits

All 47 3-beds →

1011 last sold in April 2009 at AED 538 per sqft, 7% below what three-beds in Shoreline - Basri were fetching at the time (AED 578). 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. 1011's AED 174,570 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
10023-bedAED 2.9M · Nov 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
1–7 of 11

1011, Shoreline - Basri in numbers

  • Sold once: by Nakheel on 22 April 2009 for AED 1,175,000, or AED 538 per sqft.
  • Rented since October 2015 on 11 Ejari contracts. The rent fell from AED 200,000 to AED 120,000 in 2021 and recovered to AED 174,570 by March 2024.
  • At AED 174,570 a year the gross yield on the 2009 price is 14.9%, 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 10 March 2024.

Questions about 1011, Shoreline - Basri

What did unit 1011 last sell for?

AED 1,175,000 on 22 April 2009, sold by the developer: AED 538 per sqft for 2,182 sqft. It is the only registered sale of the unit.

What is the rent for unit 1011?

AED 174,570 a year on the contract renewed on 10 March 2024. The previous contract, from March 2023, was AED 151,800; the unit has been rented since October 2015.

How big is unit 1011?

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 1011 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.

Selling 1011? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1011, Shoreline - Basri

Starts from the last sale price (AED 1.18M, 22 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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