2-bed · 1,994 sqftShoreline - Basri, Palm Jumeirah · 11th floor · completed 2007

1107, Shoreline - Basri

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1107 · DLD and Ejari recordsUpdated 28 November 2022
Last soldAED 1.4M11 June 2009
Current rentAED 150K /yr28 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1107, Shoreline - Basri

What is 1107 worth today?

Last sold for AED 1,403,000 in 2009

Unlock today's estimate, updated daily, with

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

28 Nov 2022RentedRenewal
AED 150,000/yr12 months · AED 75 per sqft
28 Nov 2021RentedRenewal
AED 150,000/yr12 months · AED 75 per sqft
28 Nov 2020RentedNew contract
AED 150,000/yr12 months · AED 75 per sqft
1 May 2020RentedRenewal
AED 150,000/yr12 months · AED 75 per sqft
1 May 2019RentedNew contract
AED 150,000/yr12 months · AED 75 per sqft
1 Feb 2018RentedRenewal
AED 188,000/yr12 months · AED 94 per sqft
1 Feb 2017RentedNew contract
AED 188,000/yr12 months · AED 94 per sqft
30 Nov 2015RentedRenewal
AED 230,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 28 November 2022.

Key facts

Type
2-bed apartment
Size
1,994 sqft
Floor
11th of 11
Parking
B1-13
Developer
Nakheel
Completed
2007
Service charge
AED 28,400 /yr
Last sold
AED 1.4M · June 2009

About 1107, Shoreline - Basri

1107 is a two-bedroom apartment of 1,994 sqft on the 11th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 11 June 2009 for AED 1,403,000, or AED 703 per sqft, 22% above the AED 576 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 28 November 2022, is AED 150,000 a year: a gross yield of 10.7% on the 2009 price, before the service charge of about AED 28,400 a year.

Sales and rents for 1107 over time

Sales
Unit 1107, each saleTypical two-bed in Shoreline - Basri
2.5M5M2009201420192024Typical 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, June 2009: AED 1,403,000 (AED 703 per sqft)

1107 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1107, each contractTypical two-bed in Shoreline - Basri
200K20112015201920232027Typical 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, November 2013: AED 245,000 a yearRenewal, November 2014: AED 245,000 a yearRenewal, November 2015: AED 230,000 a yearNew contract, February 2017: AED 188,000 a yearRenewal, February 2018: AED 188,000 a yearNew contract, May 2019: AED 150,000 a yearRenewal, May 2020: AED 150,000 a yearNew contract, November 2020: AED 150,000 a yearRenewal, November 2021: AED 150,000 a yearRenewal, November 2022: AED 150,000 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 1107 sits

All 66 2-beds →

1107 last sold in June 2009 at AED 703 per sqft, 22% above what two-beds in Shoreline - Basri were fetching at the time (AED 576). 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. 1107's AED 150,000 is in the lower half 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 11th floor

All 131 units in Shoreline - Basri
Value
11012-bedAED 3.07M · May 2009
11023-bedAED 2.2M · Oct 2010
11033-bedAED 3.4M · Jul 2022
11041-bedAED 3.57M · Apr 2009
11052-bedAED 3.1M · Nov 2016
11062-bedAED 2.5M · Apr 2021
11082-bedAED 895K · Apr 2009
1–7 of 11

1107, Shoreline - Basri in numbers

  • Sold once: by Nakheel on 11 June 2009 for AED 1,403,000, or AED 703 per sqft.
  • Rented since November 2013 on 10 Ejari contracts, from AED 245,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2009 price is 10.7%, before a service charge of about AED 28,400 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 28 November 2022.

Questions about 1107, Shoreline - Basri

What did unit 1107 last sell for?

AED 1,403,000 on 11 June 2009, sold by the developer: AED 703 per sqft for 1,994 sqft. It is the only registered sale of the unit.

What is the rent for unit 1107?

AED 150,000 a year on the contract renewed on 28 November 2022. The previous contract, from November 2021, was AED 150,000; the unit has been rented since November 2013.

How big is unit 1107?

1,994 sqft (185.2 sqm): a two-bedroom apartment on the 11th floor of a 11-storey tower completed in 2007.

What is unit 1107 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.

Selling 1107? 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 1107, Shoreline - Basri

Starts from the last sale price (AED 1.4M, 11 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,403,000
Deposit, UAE resident (20%)
AED 280,600
Deposit, non-resident (40%)
AED 561,200
Monthly over 25 years at 3.7%
AED 5,740

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