2-bed · 1,997 sqftShoreline - Basri, Palm Jumeirah · 2nd floor · completed 2007

206, Shoreline - Basri

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

Unit 206 · DLD and Ejari recordsUpdated 7 October 2022
Last soldAED 3.95M7 October 2022
Current rentAED 204K /yr11 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Shoreline - Basri

What is 206 worth today?

Last sold for AED 3,950,000 in 2022

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7 Oct 2022SoldReady
AED 3,950,000AED 1,978 per sqft
11 Oct 2020RentedNew contract
AED 204,000/yr12 months · AED 102 per sqft
15 Feb 2020RentedNew contract
AED 228,000/yr12 months · AED 114 per sqft
4 Mar 2019RentedNew contract
AED 220,000/yr12 months · AED 110 per sqft
11 Dec 2016RentedNew contract
AED 180,000/yr6 months · AED 90 per sqft
28 Sep 2014RentedNew contract
AED 200,000/yr12 months · AED 100 per sqft
28 Sep 2013RentedNew contract
AED 200,000/yr12 months · AED 100 per sqft
22 Apr 2009Sold by developerReady
AED 1,050,000AED 525 per sqft

Source: Dubai Land Department. Updated 7 October 2022.

Key facts

Type
2-bed apartment
Size
1,997 sqft
Floor
2nd of 11
Parking
1B2-18
Developer
Nakheel
Completed
2007
Service charge
AED 28,500 /yr
Last sold
AED 3.95M · October 2022

About 206, Shoreline - Basri

206 is a two-bedroom apartment of 1,997 sqft on the 2nd floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 7 October 2022 for AED 3,950,000, or AED 1,978 per sqft, 11% above the AED 1,789 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 11 October 2020, is AED 204,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 28,500 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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, April 2009: AED 1,050,000 (AED 525 per sqft)Sold, October 2022: AED 3,950,000 (AED 1,978 per sqft)

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

Rents
Unit 206, each contractTypical two-bed in Shoreline - Basri
150K200K20112015201920232027Typical 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 2013: AED 200,000 a yearNew contract, September 2014: AED 200,000 a yearNew contract, December 2016: AED 180,000 a yearNew contract, March 2019: AED 220,000 a yearNew contract, February 2020: AED 228,000 a yearNew contract, October 2020: AED 204,000 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 206 sits

All 66 2-beds →

206 last sold in October 2022 at AED 1,978 per sqft, 11% above what two-beds in Shoreline - Basri were fetching at the time (AED 1,789). 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. 206's AED 204,000 is in the lower 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 →

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
2033-bedAED 2.47M · Apr 2022
2041-bedAED 2.5M · Sep 2023
2052-bedAED 5.8M · Aug 2025
2072-bedAED 1.05M · Apr 2009
2082-bedAED 4.5M · Apr 2009
1–7 of 11

206, Shoreline - Basri in numbers

  • Sold twice: first on 22 April 2009 for AED 1,050,000, last on 7 October 2022 for AED 3,950,000 (AED 1,978 per sqft).
  • Rented since September 2013 on 6 Ejari contracts, from AED 200,000 to AED 204,000 a year.
  • At AED 204,000 a year the gross yield on the 2022 price is 5.2%, before a service charge of about AED 28,500 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 7 October 2022.

Questions about 206, Shoreline - Basri

What did unit 206 last sell for?

AED 3,950,000 on 7 October 2022: AED 1,978 per sqft for 1,997 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in April 2009.

What is the rent for unit 206?

AED 204,000 a year on the contract signed on 11 October 2020. The previous contract, from February 2020, was AED 228,000; the unit has been rented since September 2013.

How big is unit 206?

1,997 sqft (185.5 sqm): a two-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2007.

What is unit 206 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.

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Mortgage on 206, Shoreline - Basri

Starts from the last sale price (AED 3.95M, 7 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,950,000
Deposit, UAE resident (20%)
AED 790,000
Deposit, non-resident (40%)
AED 1,580,000
Monthly over 25 years at 3.7%
AED 16,161

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