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3-bed · 2,213 sqftShoreline - Basri, Palm Jumeirah · 3rd floor · completed 2007

311, Shoreline - Basri

Sold prices and rental history: sold twice, last in May 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 10 August 2018
Last soldAED 2.85M22 May 2017
Current rentAED 145K /yr10 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 311, Shoreline - Basri

What is 311 worth today?

Last sold for AED 2,850,000 in 2017

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10 Aug 2018RentedNew contract
AED 145,000/yr12 months · AED 66 per sqft
22 May 2017SoldReady
AED 2,850,000AED 1,288 per sqft
22 May 2017RentedNew contract
AED 180,000/yr12 months · AED 81 per sqft
1 Jul 2013RentedNew contract
AED 180,000/yr12 months · AED 81 per sqft
1 Sep 2009Sold by developerReady
AED 3,040,000AED 1,373 per sqft

Source: Dubai Land Department. Updated 10 August 2018.

Key facts

Type
3-bed apartment
Size
2,213 sqft
Floor
3rd of 11
Parking
B2-67,B2-68
Developer
Nakheel
Completed
2007
Service charge
AED 31,600 /yr
Last sold
AED 2.85M · May 2017
Building
Shoreline - Basri

About 311, Shoreline - Basri

311 is a three-bedroom apartment of 2,213 sqft on the 3rd floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 22 May 2017 for AED 2,850,000, or AED 1,288 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 10 August 2018, is AED 145,000 a year: a gross yield of 5.1% on the 2017 price, before the service charge of about AED 31,600 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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, September 2009: AED 3,040,000 (AED 1,373 per sqft)Sold, May 2017: AED 2,850,000 (AED 1,288 per sqft)

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

Rents
Unit 311, each contractTypical three-bed in Shoreline - Basri
150K200K250K2012201620202024Typical 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, July 2013: AED 180,000 a yearNew contract, May 2017: AED 180,000 a yearNew contract, August 2018: AED 145,000 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 311 sits

All 47 3-beds →

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. 311's AED 145,000 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 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
3041-bedAED 2.76M · Apr 2024
3052-bedAED 3M · Feb 2023
3062-bedAED 1.05M · Apr 2009
3072-bedAED 2.38M · Mar 2020
1–7 of 11

311, Shoreline - Basri in numbers

  • Sold twice: first on 1 September 2009 for AED 3,040,000, last on 22 May 2017 for AED 2,850,000 (AED 1,288 per sqft).
  • Rented since July 2013 on 3 Ejari contracts, from AED 180,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2017 price is 5.1%, before a service charge of about AED 31,600 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 10 August 2018.

Questions about 311, Shoreline - Basri

What did unit 311 last sell for?

AED 2,850,000 on 22 May 2017: AED 1,288 per sqft for 2,213 sqft. The unit has 2 registered sales; the first was AED 3,040,000 in September 2009.

What is the rent for unit 311?

AED 145,000 a year on the contract signed on 10 August 2018. The previous contract, from May 2017, was AED 180,000; the unit has been rented since July 2013.

How big is unit 311?

2,213 sqft (205.6 sqm): a three-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2007.

What is unit 311 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 311, Shoreline - Basri

Starts from the last sale price (AED 2.85M, 22 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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