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1-bed · 1,145 sqftShoreline - Basri, Palm Jumeirah · 4th floor · completed 2007

409, Shoreline - Basri

Sold prices and rental history: sold 3 times, last in May 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 12 May 2022
Last soldAED 2.4M12 May 2022
Current rentAED 125K /yr14 March 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, Shoreline - Basri

What is 409 worth today?

Last sold for AED 2,400,000 in 2022

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12 May 2022SoldReady
AED 2,400,000AED 2,096 per sqft
11 May 2017SoldReady
AED 1,850,000AED 1,616 per sqft
14 Mar 2015RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
14 Mar 2014RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
25 Nov 2013RentedRenewal
AED 175,217/yr2 months · AED 154 per sqft
25 Nov 2012RentedNew contract
AED 130,000/yr12 months · AED 114 per sqft
22 Apr 2009Sold by developerReady
AED 660,000AED 576 per sqft

Source: Dubai Land Department. Updated 12 May 2022.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
4th of 11
Parking
B2-56
Developer
Nakheel
Completed
2007
Service charge
AED 16,300 /yr
Last sold
AED 2.4M · May 2022
Building
Shoreline - Basri

About 409, Shoreline - Basri

409 is a one-bedroom apartment of 1,145 sqft on the 4th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 12 May 2022 for AED 2,400,000, or AED 2,096 per sqft, 33% above the AED 1,573 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 14 March 2015, is AED 125,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 16,300 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Shoreline - Basri
1M2M2009201320172021Typical 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, April 2009: AED 660,000 (AED 576 per sqft)Sold, May 2017: AED 1,850,000 (AED 1,616 per sqft)Sold, May 2022: AED 2,400,000 (AED 2,096 per sqft)

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

Rents
Unit 409, 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, November 2012: AED 130,000 a yearRenewal, November 2013: AED 175,217 a yearNew contract, March 2014: AED 125,000 a yearNew contract, March 2015: AED 125,000 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 409 sits

All 26 1-beds →

409 last sold in May 2022 at AED 2,096 per sqft, 33% above what one-beds in Shoreline - Basri were fetching at the time (AED 1,573). 409's AED 125,000 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
29 Apr 20242,760,000
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 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
4072-bedAED 6.3M · Jul 2025
1–7 of 11

409, Shoreline - Basri in numbers

  • Sold 3 times: first on 22 April 2009 for AED 660,000, last on 12 May 2022 for AED 2,400,000 (AED 2,096 per sqft).
  • Rented since November 2012 on 4 Ejari contracts, from AED 130,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2022 price is 5.2%, before a service charge of about AED 16,300 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 12 May 2022.

Questions about 409, Shoreline - Basri

What did unit 409 last sell for?

AED 2,400,000 on 12 May 2022: AED 2,096 per sqft for 1,145 sqft. The unit has 3 registered sales; the first was AED 660,000 in April 2009.

What is the rent for unit 409?

AED 125,000 a year on the contract signed on 14 March 2015. The previous contract, from March 2014, was AED 125,000; the unit has been rented since November 2012.

How big is unit 409?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 4th floor of a 11-storey tower completed in 2007.

What is unit 409 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 409, Shoreline - Basri

Starts from the last sale price (AED 2.4M, 12 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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