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

1209, Shoreline - Basri

Sold prices and rental history: sold twice, last in October 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 22 October 2020
Last soldAED 1.38M22 October 2020
Current rentAED 100K /yr16 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1209, Shoreline - Basri

What is 1209 worth today?

Last sold for AED 1,375,000 in 2020

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22 Oct 2020SoldReady
AED 1,375,000AED 1,201 per sqft
16 Jul 2019RentedNew contract
AED 100,000/yr12 months · AED 87 per sqft
23 Oct 2018RentedNew contract
AED 125,000/yr12 months · AED 109 per sqft
8 Sep 2017RentedNew contract
AED 100,000/yr12 months · AED 87 per sqft
1 Jul 2016RentedNew contract
AED 145,000/yr12 months · AED 127 per sqft
2 Oct 2014RentedRenewal
AED 100,000/yr12 months · AED 87 per sqft
2 Oct 2013RentedNew contract
AED 100,000/yr12 months · AED 87 per sqft
20 May 2013RentedRenewal
AED 125,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 22 October 2020.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Parking
B1-31
Developer
Nakheel
Completed
2007
Service charge
AED 16,300 /yr
Last sold
AED 1.38M · October 2020
Building
Shoreline - Basri

About 1209, Shoreline - Basri

1209 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 22 October 2020 for AED 1,375,000, or AED 1,201 per sqft.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 16 July 2019, is AED 100,000 a year: a gross yield of 7.3% on the 2020 price, before the service charge of about AED 16,300 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, each saleTypical one-bed in Shoreline - Basri
2M2009201320172021Typical 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, April 2009: AED 3,100,000 (AED 2,708 per sqft)Sold, October 2020: AED 1,375,000 (AED 1,201 per sqft)

1209 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1209, 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, May 2012: AED 125,000 a yearRenewal, May 2013: AED 125,000 a yearNew contract, October 2013: AED 100,000 a yearRenewal, October 2014: AED 100,000 a yearNew contract, July 2016: AED 145,000 a yearNew contract, September 2017: AED 100,000 a yearNew contract, October 2018: AED 125,000 a yearNew contract, July 2019: AED 100,000 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 1209 sits

All 26 1-beds →

1209's AED 100,000 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 →

1209, Shoreline - Basri in numbers

  • Sold twice: first on 28 April 2009 for AED 3,100,000, last on 22 October 2020 for AED 1,375,000 (AED 1,201 per sqft).
  • Rented since May 2012 on 8 Ejari contracts, from AED 125,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 7.3%, before a service charge of about AED 16,300 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 22 October 2020.

Questions about 1209, Shoreline - Basri

What did unit 1209 last sell for?

AED 1,375,000 on 22 October 2020: AED 1,201 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 3,100,000 in April 2009.

What is the rent for unit 1209?

AED 100,000 a year on the contract signed on 16 July 2019. The previous contract, from October 2018, was AED 125,000; the unit has been rented since May 2012.

How big is unit 1209?

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

What is unit 1209 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 1209, Shoreline - Basri

Starts from the last sale price (AED 1.38M, 22 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

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