1-bed · 1,145 sqftShoreline - Basri, Palm Jumeirah · completed 2007

1204, Shoreline - Basri

Sold prices and rental history: sold 3 times, last in December 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 1 December 2022
Last soldAED 1.23M29 December 2020
Current rentAED 120K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Shoreline - Basri

What is 1204 worth today?

Last sold for AED 1,225,000 in 2020

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1 Dec 2022RentedRenewal
AED 120,000/yr12 months · AED 105 per sqft
1 Dec 2021RentedNew contract
AED 115,000/yr12 months · AED 101 per sqft
29 Dec 2020SoldReady
AED 1,225,000AED 1,070 per sqft
11 Feb 2010SoldReady
AED 1,700,000AED 1,485 per sqft
1 Nov 2009Sold by developerReady
AED 2,486,000AED 2,171 per sqft

Source: Dubai Land Department. Updated 1 December 2022.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Parking
B2-36
Developer
Nakheel
Completed
2007
Service charge
AED 16,300 /yr
Last sold
AED 1.23M · December 2020

About 1204, Shoreline - Basri

1204 is a one-bedroom apartment of 1,145 sqft of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 29 December 2020 for AED 1,225,000, or AED 1,070 per sqft.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 120,000 a year: a gross yield of 9.8% on the 2020 price, before the service charge of about AED 16,300 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical one-bed in Shoreline - Basri
1M2M2009201320172021Typical sale price by year: 2009 AED 685,000; 2010 AED 1,750,000; 2011 AED 1,410,000; 2012 AED 1,800,000; 2013 AED 1,862,500; 2017 AED 1,887,500; 2022 AED 1,837,500; 2023 AED 2,250,000Sold by developer, November 2009: AED 2,486,000 (AED 2,171 per sqft)Sold, February 2010: AED 1,700,000 (AED 1,485 per sqft)Sold, December 2020: AED 1,225,000 (AED 1,070 per sqft)

1204 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, each contractTypical one-bed in Shoreline - Basri
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 123,580; 2014 AED 125,000; 2015 AED 125,000; 2016 AED 125,000; 2017 AED 122,500; 2018 AED 119,000; 2019 AED 97,500; 2020 AED 90,000; 2021 AED 99,750; 2022 AED 105,000; 2023 AED 145,000; 2024 AED 145,000; 2025 AED 140,000; 2026 AED 146,000New contract, December 2021: AED 115,000 a yearRenewal, December 2022: AED 120,000 a year

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

1-beds in Shoreline - Basri, and where 1204 sits

All 26 1-beds →

1204's AED 120,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Aug 20253,500,000
11 Aug 20253,700,000
17 Oct 20242,618,500
29 Apr 20242,760,000
0 1-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 →

1204, Shoreline - Basri in numbers

  • Sold 3 times: first on 1 November 2009 for AED 2,486,000, last on 29 December 2020 for AED 1,225,000 (AED 1,070 per sqft).
  • Rented since December 2021 on 2 Ejari contracts, from AED 115,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2020 price is 9.8%, before a service charge of about AED 16,300 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 1 December 2022.

Questions about 1204, Shoreline - Basri

What did unit 1204 last sell for?

AED 1,225,000 on 29 December 2020: AED 1,070 per sqft for 1,145 sqft. The unit has 3 registered sales; the first was AED 2,486,000 in November 2009.

What is the rent for unit 1204?

AED 120,000 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 115,000.

How big is unit 1204?

1,145 sqft (106.4 sqm): a one-bedroom apartment of a 11-storey tower completed in 2007.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1204, Shoreline - Basri

Starts from the last sale price (AED 1.23M, 29 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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