2-bed · 1,603 sqftShoreline - Basri, Palm Jumeirah · 1st floor · completed 2007

110, Shoreline - Basri

Sold prices and rental history: sold twice, last in April 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 110 · DLD and Ejari recordsUpdated 27 April 2020
Last soldAED 1.33M27 April 2020
Current rentAED 105K /yr1 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 110, Shoreline - Basri

What is 110 worth today?

Last sold for AED 1,330,000 in 2020

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27 Apr 2020SoldReady
AED 1,330,000AED 829 per sqft
1 Feb 2019RentedNew contract
AED 105,000/yr12 months · AED 65 per sqft
1 Jan 2018RentedNew contract
AED 130,000/yr12 months · AED 81 per sqft
2 Jul 2017RentedNew contract
AED 140,000/yr12 months · AED 87 per sqft
23 May 2015RentedNew contract
AED 144,516/yr7 months · AED 90 per sqft
22 Jul 2014RentedNew contract
AED 144,434/yr10 months · AED 90 per sqft
22 Jul 2013RentedNew contract
AED 126,000/yr12 months · AED 79 per sqft
1 Apr 2010Sold by developerReady
AED 800,000AED 499 per sqft

Source: Dubai Land Department. Updated 27 April 2020.

Key facts

Type
2-bed apartment
Size
1,603 sqft
Floor
1st of 11
Parking
B2-30
Developer
Nakheel
Completed
2007
Service charge
AED 22,900 /yr
Last sold
AED 1.33M · April 2020

About 110, Shoreline - Basri

110 is a two-bedroom apartment of 1,603 sqft on the 1st floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 27 April 2020 for AED 1,330,000, or AED 829 per sqft, 29% below the AED 1,175 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 February 2019, is AED 105,000 a year: a gross yield of 7.9% on the 2020 price, before the service charge of about AED 22,900 a year.

Sales and rents for 110 over time

Sales
Unit 110, each saleTypical two-bed in Shoreline - Basri
02.5M5M2009201420192024Typical sale price by year: 2009 AED 1,050,000; 2010 AED 1,375,000; 2011 AED 2,100,000; 2012 AED 1,700,000; 2013 AED 3,550,000; 2014 AED 1,900,000; 2015 AED 2,790,000; 2016 AED 3,000,000; 2018 AED 2,400,000; 2020 AED 1,612,500; 2022 AED 2,758,600; 2023 AED 3,975,000; 2024 AED 4,500,000; 2025 AED 6,400,000Sold by developer, April 2010: AED 800,000 (AED 499 per sqft)Sold, April 2020: AED 1,330,000 (AED 829 per sqft)

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

Rents
Unit 110, each contractTypical two-bed in Shoreline - Basri
100K150K200K20112015201920232027Typical rent by year: 2011 AED 140,000; 2012 AED 170,000; 2013 AED 165,000; 2014 AED 178,718; 2015 AED 178,500; 2016 AED 180,000; 2017 AED 172,500; 2018 AED 145,000; 2019 AED 140,000; 2020 AED 132,500; 2021 AED 125,000; 2022 AED 145,818; 2023 AED 170,000; 2024 AED 200,000; 2025 AED 187,000; 2026 AED 190,785New contract, July 2013: AED 126,000 a yearNew contract, July 2014: AED 144,434 a yearNew contract, May 2015: AED 144,516 a yearNew contract, July 2017: AED 140,000 a yearNew contract, January 2018: AED 130,000 a yearNew contract, February 2019: AED 105,000 a year

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

2-beds in Shoreline - Basri, and where 110 sits

All 66 2-beds →

110 last sold in April 2020 at AED 829 per sqft, 29% below what two-beds in Shoreline - Basri were fetching at the time (AED 1,175). Over the last 12 months two-beds sold for AED 5,100,000 to 5,550,000, around AED 3,400 per sqft, and rent for AED 142,500 to 352,491 a year. 110's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 May 20265,550,000
2 Mar 20265,100,000
26 Aug 20255,800,000
12 Aug 20256,500,000
2 2-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

110, Shoreline - Basri in numbers

  • Sold twice: first on 1 April 2010 for AED 800,000, last on 27 April 2020 for AED 1,330,000 (AED 829 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 126,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2020 price is 7.9%, before a service charge of about AED 22,900 a year (AED 14.26 per sqft).
  • Two-beds in Shoreline - Basri sold for AED 5,100,000–5,550,000 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 27 April 2020.

Questions about 110, Shoreline - Basri

What did unit 110 last sell for?

AED 1,330,000 on 27 April 2020: AED 829 per sqft for 1,603 sqft. The unit has 2 registered sales; the first was AED 800,000 in April 2010.

What is the rent for unit 110?

AED 105,000 a year on the contract signed on 1 February 2019. The previous contract, from January 2018, was AED 130,000; the unit has been rented since July 2013.

How big is unit 110?

1,603 sqft (148.9 sqm): a two-bedroom apartment on the 1st floor of a 11-storey tower completed in 2007.

What is unit 110 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shoreline - Basri sold for AED 5,100,000 to 5,550,000 in the last 12 months, around AED 3,400 per sqft.

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Mortgage on 110, Shoreline - Basri

Starts from the last sale price (AED 1.33M, 27 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,330,000
Deposit, UAE resident (20%)
AED 266,000
Deposit, non-resident (40%)
AED 532,000
Monthly over 25 years at 3.7%
AED 5,441

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