1-bed · 1,145 sqftShoreline - Basri, Palm Jumeirah · 3rd floor · completed 2007

304, Shoreline - Basri

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 2.76M29 April 2024
Current rentAED 170K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Shoreline - Basri

What is 304 worth today?

Last sold for AED 2,760,000 in 2024

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1 Sep 2024RentedNew contract
AED 170,000/yr12 months · AED 149 per sqft
29 Apr 2024SoldReady
AED 2,760,000AED 2,411 per sqft
19 Nov 2022RentedRenewal
AED 104,736/yr12 months · AED 92 per sqft
19 Nov 2021RentedRenewal
AED 99,750/yr12 months · AED 87 per sqft
19 Nov 2020RentedRenewal
AED 95,000/yr12 months · AED 83 per sqft
19 Nov 2019RentedRenewal
AED 115,500/yr12 months · AED 101 per sqft
19 Nov 2018RentedRenewal
AED 115,500/yr12 months · AED 101 per sqft
19 Nov 2017RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
3rd of 11
Parking
1B2-94
Developer
Nakheel
Completed
2007
Service charge
AED 16,300 /yr
Last sold
AED 2.76M · April 2024

About 304, Shoreline - Basri

304 is a one-bedroom apartment of 1,145 sqft on the 3rd floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 29 April 2024 for AED 2,760,000, or AED 2,411 per sqft.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 September 2024, is AED 170,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 16,300 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Shoreline - Basri
1M2M3M2009201320172021Typical 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, March 2010: AED 2,750,000 (AED 2,402 per sqft)Sold, April 2024: AED 2,760,000 (AED 2,411 per sqft)

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

Rents
Unit 304, 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, September 2013: AED 133,000 a yearNew contract, November 2014: AED 145,000 a yearRenewal, November 2015: AED 145,000 a yearRenewal, November 2016: AED 145,000 a yearNew contract, November 2017: AED 110,000 a yearRenewal, November 2018: AED 115,500 a yearRenewal, November 2019: AED 115,500 a yearRenewal, November 2020: AED 95,000 a yearRenewal, November 2021: AED 99,750 a yearRenewal, November 2022: AED 104,736 a yearNew contract, September 2024: AED 170,000 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 304 sits

All 26 1-beds →

304's AED 170,000 is in the lower half 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
27 Sep 20232,500,000
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 →

Other units on the 3rd floor

All 131 units in Shoreline - Basri
Value
3012-bedAED 1M · May 2022
3023-bedAED 2.8M · Jun 2013
3033-bedAED 3.05M · Feb 2015
3052-bedAED 3M · Feb 2023
3062-bedAED 1.05M · Apr 2009
3072-bedAED 2.38M · Mar 2020
3082-bedAED 4.15M · Jul 2024
1–7 of 11

304, Shoreline - Basri in numbers

  • Sold twice: first on 28 March 2010 for AED 2,750,000, last on 29 April 2024 for AED 2,760,000 (AED 2,411 per sqft).
  • Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 133,000 to AED 95,000 in 2020 and recovered to AED 170,000 by September 2024.
  • At AED 170,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 16,300 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 304, Shoreline - Basri

What did unit 304 last sell for?

AED 2,760,000 on 29 April 2024: AED 2,411 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 2,750,000 in March 2010.

What is the rent for unit 304?

AED 170,000 a year on the contract signed on 1 September 2024. The previous contract, from November 2022, was AED 104,736; the unit has been rented since September 2013.

How big is unit 304?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2007.

What is unit 304 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 304, Shoreline - Basri

Starts from the last sale price (AED 2.76M, 29 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,760,000
Deposit, UAE resident (20%)
AED 552,000
Deposit, non-resident (40%)
AED 1,104,000
Monthly over 25 years at 3.7%
AED 11,292

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