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2-bed · 1,586 sqftShoreline - Basri, Palm Jumeirah · 4th floor · completed 2007

401, Shoreline - Basri

Sold prices and rental history: sold twice, last in June 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 18 June 2014
Last soldAED 1.3M18 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 401, Shoreline - Basri

What is 401 worth today?

Last sold for AED 1,300,000 in 2014

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18 Jun 2014SoldReady
AED 1,300,000AED 819 per sqft
8 May 2014Sold by developerReady
AED 800,000AED 504 per sqft

Source: Dubai Land Department. Updated 18 June 2014.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
4th of 11
Parking
B2-64
Developer
Nakheel
Completed
2007
Service charge
AED 22,600 /yr
Last sold
AED 1.3M · June 2014
Building
Shoreline - Basri

About 401, Shoreline - Basri

401 is a two-bedroom apartment of 1,586 sqft on the 4th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 18 June 2014 for AED 1,300,000, or AED 819 per sqft, 45% below the AED 1,484 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Shoreline - Basri
02.5M5M2009201420192024Typical 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, May 2014: AED 800,000 (AED 504 per sqft)Sold, June 2014: AED 1,300,000 (AED 819 per sqft)

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

Rents
Unit 401, 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 190,785

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 401 sits

All 66 2-beds →

401 last sold in June 2014 at AED 819 per sqft, 45% below what two-beds in Shoreline - Basri were fetching at the time (AED 1,484). 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.

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 4th floor

All 131 units in Shoreline - Basri
Value
4023-bedAED 1.15M · Feb 2011
4033-bedAED 4.05M · Jan 2024
4041-bedAED 1.6M · Aug 2013
4052-bedAED 1.9M · Sep 2020
4062-bedAED 5.9M · Jul 2024
4072-bedAED 6.3M · Jul 2025
4082-bedAED 870K · Sep 2016
1–7 of 11

401, Shoreline - Basri in numbers

  • Sold twice: first on 8 May 2014 for AED 800,000, last on 18 June 2014 for AED 1,300,000 (AED 819 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 June 2014.

Questions about 401, Shoreline - Basri

What did unit 401 last sell for?

AED 1,300,000 on 18 June 2014: AED 819 per sqft for 1,586 sqft. The unit has 2 registered sales; the first was AED 800,000 in May 2014.

How big is unit 401?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2007.

What is unit 401 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 401, Shoreline - Basri

Starts from the last sale price (AED 1.3M, 18 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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