308, Shoreline - Basri
Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Shoreline - Basri
What is 308 worth today?
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Source: Dubai Land Department. Updated 18 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 3rd of 11
- Parking
- 1B2-73
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 22,100 /yr
- Last sold
- AED 4.15M · July 2024
- Building
- Shoreline - Basri
About 308, Shoreline - Basri
308 is a two-bedroom apartment of 1,551 sqft on the 3rd floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 18 July 2024 for AED 4,150,000, or AED 2,675 per sqft, 9% below the AED 2,928 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 12 September 2023, is AED 150,000 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 22,100 a year.
Sales and rents for 308 over time
308 has sold twice; the dashed line is the two-bed median of each year in the building.
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 308 sits
All 66 2-beds →308 last sold in July 2024 at AED 2,675 per sqft, 9% below what two-beds in Shoreline - Basri were fetching at the time (AED 2,928). 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. 308's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 May 202622 May 2026 | 1,551 sqft | 5,550,000 | 3,578 | ||
| 2 Mar 20262 March 2026 | 1,583 sqft | 5,100,000 | 3,222 | ||
| 26 Aug 202526 August 2025 | 1,551 sqft | 5,800,000 | 3,740 | ||
| 12 Aug 202512 August 2025 | 1,551 sqft | 6,500,000 | 4,191 |
Shoreline - Basri
Building131 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%
Other units on the 3rd floor
All 131 units in Shoreline - Basri| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 793 sqft | AED 1MAED 1,000,000 · May 2022May 2022 | 195,000 /yr | |
| 302 | 3-bed | 2,213 sqft | AED 2.8MAED 2,800,000 · Jun 2013June 2013 | ||
| 303 | 3-bed | 2,159 sqft | AED 3.05MAED 3,050,000 · Feb 2015February 2015 | 172,700 /yr | |
| 304 | 1-bed | 1,145 sqft | AED 2.76MAED 2,760,000 · Apr 2024April 2024 | 170,000 /yr | |
| 305 | 2-bed | 1,551 sqft | AED 3MAED 3,000,000 · Feb 2023February 2023 | 260,000 /yr | |
| 306 | 2-bed | 1,997 sqft | AED 1.05MAED 1,050,000 · Apr 2009April 2009 | 185,220 /yr | |
| 307 | 2-bed | 1,997 sqft | AED 2.38MAED 2,377,400 · Mar 2020March 2020 | 180,000 /yr | |
| 309 | 1-bed | 1,145 sqft | AED 1.9MAED 1,900,000 · Nov 2022November 2022 | 160,000 /yr | |
| 310 | 3-bed | 2,159 sqft | AED 1.25MAED 1,250,000 · Apr 2009April 2009 | 247,500 /yr | |
| 311 | 3-bed | 2,213 sqft | AED 2.85MAED 2,850,000 · May 2017May 2017 | 145,000 /yr | |
| 312 | 2-bed | 1,586 sqft | AED 1.52MAED 1,520,000 · Apr 2012April 2012 |
308, Shoreline - Basri in numbers
- Sold twice: first on 22 April 2009 for AED 4,500,000, last on 18 July 2024 for AED 4,150,000 (AED 2,675 per sqft).
- Rented since December 2012 on 13 Ejari contracts. The rent fell from AED 190,000 to AED 125,000 in 2021 and recovered to AED 150,000 by September 2023.
- At AED 150,000 a year the gross yield on the 2024 price is 3.6%, 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 18 July 2024.
Questions about 308, Shoreline - Basri
What did unit 308 last sell for?
AED 4,150,000 on 18 July 2024: AED 2,675 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 4,500,000 in April 2009.
What is the rent for unit 308?
AED 150,000 a year on the contract signed on 12 September 2023. The previous contract, from September 2022, was AED 140,000; the unit has been rented since December 2012.
How big is unit 308?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2007.
What is unit 308 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 308, Shoreline - Basri
Starts from the last sale price (AED 4.15M, 18 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,150,000
- Deposit, UAE resident (20%)
- AED 830,000
- Deposit, non-resident (40%)
- AED 1,660,000
- Monthly over 25 years at 3.7%
- AED 16,979
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →