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3-bed · 2,182 sqftShoreline - Basri, Palm Jumeirah · 11th floor · completed 2007

1111, Shoreline - Basri

Sold prices and rental history: sold twice, last in December 2022, and rented once, from January 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1111 · DLD and Ejari recordsUpdated 21 December 2022
Last soldAED 1.63M21 December 2022
Current rentAED 175K /yr12 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1111, Shoreline - Basri

What is 1111 worth today?

Last sold for AED 1,625,000 in 2022

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21 Dec 2022SoldReady
AED 1,625,000AED 744 per sqft
12 Jan 2017RentedNew contract
AED 175,000/yr12 months · AED 80 per sqft
22 Apr 2009Sold by developerReady
AED 3,541,000AED 1,623 per sqft

Source: Dubai Land Department. Updated 21 December 2022.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Floor
11th of 11
Parking
B1-64,B1-65
Developer
Nakheel
Completed
2007
Service charge
AED 31,100 /yr
Last sold
AED 1.63M · December 2022
Building
Shoreline - Basri

About 1111, Shoreline - Basri

1111 is a three-bedroom apartment of 2,182 sqft on the 11th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 21 December 2022 for AED 1,625,000, or AED 744 per sqft, 45% below the AED 1,343 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 January 2017. The current contract, signed on 12 January 2017, is AED 175,000 a year: a gross yield of 10.8% on the 2022 price, before the service charge of about AED 31,100 a year.

Sales and rents for 1111 over time

Sales
Unit 1111, 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 3,541,000 (AED 1,623 per sqft)Sold, December 2022: AED 1,625,000 (AED 744 per sqft)

1111 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1111, each contractTypical three-bed in Shoreline - Basri
150K200K250K2012201620202024Typical 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, January 2017: AED 175,000 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 1111 sits

All 47 3-beds →

1111 last sold in December 2022 at AED 744 per sqft, 45% below what three-beds in Shoreline - Basri were fetching at the time (AED 1,343). 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. 1111's AED 175,000 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 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
11072-bedAED 1.4M · Jun 2009
1–7 of 11

1111, Shoreline - Basri in numbers

  • Sold twice: first on 22 April 2009 for AED 3,541,000, last on 21 December 2022 for AED 1,625,000 (AED 744 per sqft).
  • Rented since January 2017 on one Ejari contract, at AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2022 price is 10.8%, 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 21 December 2022.

Questions about 1111, Shoreline - Basri

What did unit 1111 last sell for?

AED 1,625,000 on 21 December 2022: AED 744 per sqft for 2,182 sqft. The unit has 2 registered sales; the first was AED 3,541,000 in April 2009.

What is the rent for unit 1111?

AED 175,000 a year on the contract signed on 12 January 2017.

How big is unit 1111?

2,182 sqft (202.7 sqm): a three-bedroom apartment on the 11th floor of a 11-storey tower completed in 2007.

What is unit 1111 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 1111, Shoreline - Basri

Starts from the last sale price (AED 1.63M, 21 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,625,000
Deposit, UAE resident (20%)
AED 325,000
Deposit, non-resident (40%)
AED 650,000
Monthly over 25 years at 3.7%
AED 6,648

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