2-bed · 1,997 sqftShoreline - Basri, Palm Jumeirah · 4th floor · completed 2007

407, Shoreline - Basri

Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 31 July 2025
Last soldAED 6.3M31 July 2025
Current rentAED 240K /yr25 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Shoreline - Basri

What is 407 worth today?

Last sold for AED 6,300,000 in 2025

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31 Jul 2025SoldReady
AED 6,300,000AED 3,155 per sqft
25 Jan 2024RentedRenewal
AED 240,000/yr12 months · AED 120 per sqft
25 Jan 2023RentedNew contract
AED 240,000/yr12 months · AED 120 per sqft
1 Sep 2022RentedRenewal
AED 165,000/yr4 months · AED 83 per sqft
1 Sep 2021RentedNew contract
AED 165,000/yr12 months · AED 83 per sqft
13 Aug 2020RentedRenewal
AED 155,000/yr12 months · AED 78 per sqft
13 Aug 2019RentedRenewal
AED 175,000/yr12 months · AED 88 per sqft
13 Aug 2018RentedNew contract
AED 175,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 31 July 2025.

Key facts

Type
2-bed apartment
Size
1,997 sqft
Floor
4th of 11
Parking
1B2-58
Developer
Nakheel
Completed
2007
Service charge
AED 28,500 /yr
Last sold
AED 6.3M · July 2025

About 407, Shoreline - Basri

407 is a two-bedroom apartment of 1,997 sqft on the 4th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 31 July 2025 for AED 6,300,000, or AED 3,155 per sqft, 9% above the AED 2,901 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 25 January 2024, is AED 240,000 a year: a gross yield of 3.8% on the 2025 price, before the service charge of about AED 28,500 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, April 2015: AED 3,400,000 (AED 1,702 per sqft)Sold, July 2025: AED 6,300,000 (AED 3,155 per sqft)

407 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 407, each contractTypical two-bed in Shoreline - Basri
100K200K20112015201920232027Typical 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, October 2013: AED 72,000 a yearNew contract, December 2014: AED 96,124 a yearNew contract, July 2016: AED 200,000 a yearRenewal, July 2017: AED 200,000 a yearNew contract, August 2018: AED 175,000 a yearRenewal, August 2019: AED 175,000 a yearRenewal, August 2020: AED 155,000 a yearNew contract, September 2021: AED 165,000 a yearRenewal, September 2022: AED 165,000 a yearNew contract, January 2023: AED 240,000 a yearRenewal, January 2024: AED 240,000 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 407 sits

All 66 2-beds →

407 last sold in July 2025 at AED 3,155 per sqft, 9% above what two-beds in Shoreline - Basri were fetching at the time (AED 2,901). 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. 407's AED 240,000 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 4th floor

All 131 units in Shoreline - Basri
Value
4012-bedAED 1.3M · Jun 2014
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
4082-bedAED 870K · Sep 2016
1–7 of 11

407, Shoreline - Basri in numbers

  • Sold 3 times: first on 22 April 2009 for AED 1,050,000, last on 31 July 2025 for AED 6,300,000 (AED 3,155 per sqft).
  • Rented since October 2013 on 11 Ejari contracts, from AED 72,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2025 price is 3.8%, 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 31 July 2025.

Questions about 407, Shoreline - Basri

What did unit 407 last sell for?

AED 6,300,000 on 31 July 2025: AED 3,155 per sqft for 1,997 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in April 2009.

What is the rent for unit 407?

AED 240,000 a year on the contract renewed on 25 January 2024. The previous contract, from January 2023, was AED 240,000; the unit has been rented since October 2013.

How big is unit 407?

1,997 sqft (185.5 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2007.

What is unit 407 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 407, Shoreline - Basri

Starts from the last sale price (AED 6.3M, 31 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 6,300,000
Deposit, UAE resident (20%)
AED 1,260,000
Deposit, non-resident (40%)
AED 2,520,000
Monthly over 25 years at 3.7%
AED 25,775

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