3-bed · 2,159 sqftShoreline - Basri, Palm Jumeirah · 2nd floor · completed 2007

203, Shoreline - Basri

Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 26 April 2022
Last soldAED 2.47M26 April 2022
Current rentAED 40K /yr5 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Shoreline - Basri

What is 203 worth today?

Last sold for AED 2,474,351 in 2022

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26 Apr 2022SoldReady
AED 2,474,351AED 1,146 per sqft
5 Aug 2021RentedRenewal · flagged as an outlier
AED 40,000/yr60 months · AED 18 per sqft
5 Aug 2020RentedRenewal
AED 95,000/yr12 months · AED 44 per sqft
5 Aug 2019RentedNew contract
AED 125,000/yr12 months · AED 58 per sqft
1 Apr 2016RentedNew contract
AED 185,000/yr12 months · AED 86 per sqft
1 Nov 2013RentedNew contract
AED 75,000/yr12 months · AED 35 per sqft
13 Jun 2013Sold by developerReady
AED 3,512,200AED 1,626 per sqft

Source: Dubai Land Department. Updated 26 April 2022.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
2nd of 11
Parking
B2-21,B2-22
Developer
Nakheel
Completed
2007
Service charge
AED 30,800 /yr
Last sold
AED 2.47M · April 2022

About 203, Shoreline - Basri

203 is a three-bedroom apartment of 2,159 sqft on the 2nd floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 26 April 2022 for AED 2,474,351, or AED 1,146 per sqft, 11% below the AED 1,285 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 5 August 2021, is AED 40,000 a year: a gross yield of 1.6% on the 2022 price, before the service charge of about AED 30,800 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, June 2013: AED 3,512,200 (AED 1,626 per sqft)Sold, April 2022: AED 2,474,351 (AED 1,146 per sqft)

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

Rents
Unit 203, each contractTypical three-bed in Shoreline - Basri
100K200K2012201620202024Typical 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, November 2013: AED 75,000 a yearNew contract, April 2016: AED 185,000 a yearNew contract, August 2019: AED 125,000 a yearRenewal, August 2020: AED 95,000 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 203 sits

All 47 3-beds →

203 last sold in April 2022 at AED 1,146 per sqft, 11% below what three-beds in Shoreline - Basri were fetching at the time (AED 1,285). 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. 203's AED 40,000 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 2nd floor

All 131 units in Shoreline - Basri
Value
2012-bedAED 1.38M · Jul 2020
2023-bedAED 3.35M · Aug 2023
2041-bedAED 2.5M · Sep 2023
2052-bedAED 5.8M · Aug 2025
2062-bedAED 3.95M · Oct 2022
2072-bedAED 1.05M · Apr 2009
2082-bedAED 4.5M · Apr 2009
1–7 of 11

203, Shoreline - Basri in numbers

  • Sold twice: first on 13 June 2013 for AED 3,512,200, last on 26 April 2022 for AED 2,474,351 (AED 1,146 per sqft).
  • Rented since November 2013 on 5 Ejari contracts, from AED 75,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 1.6%, before a service charge of about AED 30,800 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 26 April 2022.

Questions about 203, Shoreline - Basri

What did unit 203 last sell for?

AED 2,474,351 on 26 April 2022: AED 1,146 per sqft for 2,159 sqft. The unit has 2 registered sales; the first was AED 3,512,200 in June 2013.

What is the rent for unit 203?

AED 40,000 a year on the contract renewed on 5 August 2021. The previous contract, from August 2020, was AED 95,000; the unit has been rented since November 2013.

How big is unit 203?

2,159 sqft (200.6 sqm): a three-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2007.

What is unit 203 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 203, Shoreline - Basri

Starts from the last sale price (AED 2.47M, 26 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,474,351
Deposit, UAE resident (20%)
AED 494,870
Deposit, non-resident (40%)
AED 989,740
Monthly over 25 years at 3.7%
AED 10,123

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