3-bed · 2,242 sqftShoreline - Basri, Palm Jumeirah · 1st floor · completed 2007

108, Shoreline - Basri

Sold prices and rental history: sold once, by the developer in November 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 625K13 November 2011
Current rentAED 150K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Shoreline - Basri

What is 108 worth today?

Last sold for AED 625,000 in 2011

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1 Dec 2024RentedRenewal
AED 150,000/yr12 months · AED 67 per sqft
1 Dec 2023RentedNew contract
AED 150,000/yr12 months · AED 67 per sqft
1 Dec 2022RentedRenewal
AED 125,000/yr12 months · AED 56 per sqft
1 Dec 2021RentedRenewal
AED 125,000/yr12 months · AED 56 per sqft
1 Dec 2020RentedNew contract
AED 110,000/yr12 months · AED 49 per sqft
1 Aug 2019RentedNew contract
AED 130,000/yr12 months · AED 58 per sqft
6 Jul 2018RentedRenewal
AED 160,000/yr12 months · AED 71 per sqft
6 Jul 2017RentedNew contract
AED 160,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
3-bed apartment
Size
2,242 sqft
Floor
1st of 11
Parking
B2-28,B2-29
Developer
Nakheel
Completed
2007
Service charge
AED 32,000 /yr
Last sold
AED 625K · November 2011

About 108, Shoreline - Basri

108 is a three-bedroom apartment of 2,242 sqft on the 1st floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 13 November 2011 for AED 625,000, or AED 278 per sqft, 53% below the AED 590 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 150,000 a year: a gross yield of 24.0% on the 2011 price, before the service charge of about AED 32,000 a year.

Sales and rents for 108 over time

Sales
Unit 108, 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, November 2011: AED 625,000 (AED 278 per sqft)

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

Rents
Unit 108, 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, August 2013: AED 170,000 a yearNew contract, August 2014: AED 185,000 a yearNew contract, October 2015: AED 165,000 a yearNew contract, February 2017: AED 160,000 a yearNew contract, July 2017: AED 160,000 a yearRenewal, July 2018: AED 160,000 a yearNew contract, August 2019: AED 130,000 a yearNew contract, December 2020: AED 110,000 a yearRenewal, December 2021: AED 125,000 a yearRenewal, December 2022: AED 125,000 a yearNew contract, December 2023: AED 150,000 a yearRenewal, December 2024: AED 150,000 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 108 sits

All 47 3-beds →

108 last sold in November 2011 at AED 278 per sqft, 53% below what three-beds in Shoreline - Basri were fetching at the time (AED 590). 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. 108's AED 150,000 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 1st floor

All 131 units in Shoreline - Basri
Value
1012-bedAED 2.25M · Oct 2013
1023-bedAED 2.08M · Sep 2012
1041-bedAED 660K · Apr 2009
1052-bedAED 870K · May 2011
1062-bedAED 2.85M · Jun 2013
1071-bedAED 660K · Apr 2009
1093-bedAED 3.5M · Apr 2024
1–7 of 10

108, Shoreline - Basri in numbers

  • Sold once: by Nakheel on 13 November 2011 for AED 625,000, or AED 278 per sqft.
  • Rented since August 2013 on 12 Ejari contracts. The rent fell from AED 170,000 to AED 110,000 in 2020 and recovered to AED 150,000 by December 2024.
  • At AED 150,000 a year the gross yield on the 2011 price is 24.0%, before a service charge of about AED 32,000 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 1 December 2024.

Questions about 108, Shoreline - Basri

What did unit 108 last sell for?

AED 625,000 on 13 November 2011, sold by the developer: AED 278 per sqft for 2,242 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 150,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 150,000; the unit has been rented since August 2013.

How big is unit 108?

2,242 sqft (208.3 sqm): a three-bedroom apartment on the 1st floor of a 11-storey tower completed in 2007.

What is unit 108 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 108, Shoreline - Basri

Starts from the last sale price (AED 625K, 13 November 2011). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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