3-bed · 2,223 sqftShoreline - Basri, Palm Jumeirah · 1st floor · completed 2007

109, Shoreline - Basri

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 24 April 2024
Last soldAED 3.5M24 April 2024
Current rentAED 140K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Shoreline - Basri

What is 109 worth today?

Last sold for AED 3,500,000 in 2024

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24 Apr 2024SoldReady
AED 3,500,000AED 1,574 per sqft
15 Aug 2022RentedRenewal
AED 140,000/yr12 months · AED 63 per sqft
15 Aug 2021RentedRenewal
AED 125,000/yr12 months · AED 56 per sqft
15 Aug 2020RentedRenewal
AED 125,000/yr12 months · AED 56 per sqft
15 Aug 2019RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
15 Aug 2018RentedNew contract
AED 135,000/yr12 months · AED 61 per sqft
7 Aug 2017RentedRenewal
AED 160,000/yr12 months · AED 72 per sqft
7 Aug 2016RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 24 April 2024.

Key facts

Type
3-bed apartment
Size
2,223 sqft
Floor
1st of 11
Parking
1B2-26,1B2-27
Developer
Nakheel
Completed
2007
Service charge
AED 31,700 /yr
Last sold
AED 3.5M · April 2024

About 109, Shoreline - Basri

109 is a three-bedroom apartment of 2,223 sqft on the 1st floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 24 April 2024 for AED 3,500,000, or AED 1,574 per sqft, 16% below the AED 1,876 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 August 2022, is AED 140,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 31,700 a year.

Sales and rents for 109 over time

Sales
Unit 109, 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 1,150,000 (AED 517 per sqft)Sold, April 2024: AED 3,500,000 (AED 1,574 per sqft)

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

Rents
Unit 109, each contractTypical three-bed in Shoreline - Basri
200K2012201620202024Typical 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 160,000 a yearNew contract, August 2014: AED 184,000 a yearRenewal, August 2015: AED 211,500 a yearNew contract, February 2016: AED 179,037 a yearNew contract, August 2016: AED 160,000 a yearRenewal, August 2017: AED 160,000 a yearNew contract, August 2018: AED 135,000 a yearRenewal, August 2019: AED 130,000 a yearRenewal, August 2020: AED 125,000 a yearRenewal, August 2021: AED 125,000 a yearRenewal, August 2022: AED 140,000 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 109 sits

All 47 3-beds →

109 last sold in April 2024 at AED 1,574 per sqft, 16% below what three-beds in Shoreline - Basri were fetching at the time (AED 1,876). 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. 109's AED 140,000 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
23 Apr 20244,300,000
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
1083-bedAED 625K · Nov 2011
1–7 of 10

109, Shoreline - Basri in numbers

  • Sold twice: first on 29 April 2009 for AED 1,150,000, last on 24 April 2024 for AED 3,500,000 (AED 1,574 per sqft).
  • Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 160,000 to AED 125,000 in 2021 and recovered to AED 140,000 by August 2022.
  • At AED 140,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 31,700 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 24 April 2024.

Questions about 109, Shoreline - Basri

What did unit 109 last sell for?

AED 3,500,000 on 24 April 2024: AED 1,574 per sqft for 2,223 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in April 2009.

What is the rent for unit 109?

AED 140,000 a year on the contract renewed on 15 August 2022. The previous contract, from August 2021, was AED 125,000; the unit has been rented since August 2013.

How big is unit 109?

2,223 sqft (206.5 sqm): a three-bedroom apartment on the 1st floor of a 11-storey tower completed in 2007.

What is unit 109 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 109, Shoreline - Basri

Starts from the last sale price (AED 3.5M, 24 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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