Home
Dubai prices
About
Research
2-bed · 1,551 sqftShoreline - Basri, Palm Jumeirah · completed 2007

1205, Shoreline - Basri

Sold prices and rental history: sold twice, last in September 2011, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 15 September 2015
Last soldAED 2.75M5 September 2011
Current rentAED 250K /yr15 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1205

Property timeline for 1205, Shoreline - Basri

What is 1205 worth today?

Last sold for AED 2,750,000 in 2011

Unlock today's estimate, updated daily, with

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

15 Sep 2015RentedRenewal
AED 250,000/yr12 months · AED 161 per sqft
15 Sep 2014RentedNew contract
AED 250,000/yr12 months · AED 161 per sqft
5 Sep 2011SoldReady
AED 2,750,000AED 1,773 per sqft
30 Aug 2009Sold by developerReady
AED 1,250,000AED 806 per sqft

Source: Dubai Land Department. Updated 15 September 2015.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Parking
B2-3
Developer
Nakheel
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 2.75M · September 2011
Building
Shoreline - Basri

About 1205, Shoreline - Basri

1205 is a two-bedroom apartment of 1,551 sqft of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 5 September 2011 for AED 2,750,000, or AED 1,773 per sqft, 49% above the AED 1,193 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 15 September 2015, is AED 250,000 a year: a gross yield of 9.1% on the 2011 price, before the service charge of about AED 22,100 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, 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, August 2009: AED 1,250,000 (AED 806 per sqft)Sold, September 2011: AED 2,750,000 (AED 1,773 per sqft)

1205 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1205, 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, September 2014: AED 250,000 a yearRenewal, September 2015: AED 250,000 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 1205 sits

All 66 2-beds →

1205 last sold in September 2011 at AED 1,773 per sqft, 49% above what two-beds in Shoreline - Basri were fetching at the time (AED 1,193). 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. 1205's AED 250,000 is in the upper 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 →

1205, Shoreline - Basri in numbers

  • Sold twice: first on 30 August 2009 for AED 1,250,000, last on 5 September 2011 for AED 2,750,000 (AED 1,773 per sqft).
  • Rented since September 2014 on 2 Ejari contracts, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2011 price is 9.1%, before a service charge of about AED 22,100 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 15 September 2015.

Questions about 1205, Shoreline - Basri

What did unit 1205 last sell for?

AED 2,750,000 on 5 September 2011: AED 1,773 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 1,250,000 in August 2009.

What is the rent for unit 1205?

AED 250,000 a year on the contract renewed on 15 September 2015. The previous contract, from September 2014, was AED 250,000.

How big is unit 1205?

1,551 sqft (144.1 sqm): a two-bedroom apartment of a 11-storey tower completed in 2007.

What is unit 1205 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 1205? 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 1205, Shoreline - Basri

Starts from the last sale price (AED 2.75M, 5 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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