3-bed · 2,213 sqftShoreline - Basri, Palm Jumeirah · 4th floor · completed 2007

411, Shoreline - Basri

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 411 · DLD and Ejari recordsUpdated 23 April 2024
Last soldAED 4.3M23 April 2024
Current rentAED 168K /yr20 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 411, Shoreline - Basri

What is 411 worth today?

Last sold for AED 4,300,000 in 2024

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23 Apr 2024SoldReady
AED 4,300,000AED 1,943 per sqft
20 Oct 2022RentedRenewal
AED 168,000/yr12 months · AED 76 per sqft
20 Oct 2021RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft
5 Aug 2020RentedRenewal
AED 128,182/yr11 months · AED 58 per sqft
5 Aug 2019RentedRenewal
AED 140,000/yr12 months · AED 63 per sqft
5 Aug 2018RentedNew contract
AED 160,000/yr12 months · AED 72 per sqft
5 Aug 2017RentedRenewal
AED 180,000/yr12 months · AED 81 per sqft
5 Aug 2016RentedRenewal
AED 190,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 23 April 2024.

Key facts

Type
3-bed apartment
Size
2,213 sqft
Floor
4th of 11
Parking
1B2-50,1B2-51
Developer
Nakheel
Completed
2007
Service charge
AED 31,600 /yr
Last sold
AED 4.3M · April 2024

About 411, Shoreline - Basri

411 is a three-bedroom apartment of 2,213 sqft on the 4th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 23 April 2024 for AED 4,300,000, or AED 1,943 per sqft, in line with the AED 1,910 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 October 2022, is AED 168,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 31,600 a year.

Sales and rents for 411 over time

Sales
Unit 411, 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 3,500,000 (AED 1,581 per sqft)Sold, April 2024: AED 4,300,000 (AED 1,943 per sqft)

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

Rents
Unit 411, each contractTypical three-bed in Shoreline - Basri
200K2012201620202024Typical 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, May 2013: AED 195,000 a yearNew contract, August 2014: AED 200,000 a yearNew contract, August 2015: AED 200,000 a yearRenewal, August 2016: AED 190,000 a yearRenewal, August 2017: AED 180,000 a yearNew contract, August 2018: AED 160,000 a yearRenewal, August 2019: AED 140,000 a yearRenewal, August 2020: AED 128,182 a yearNew contract, October 2021: AED 160,000 a yearRenewal, October 2022: AED 168,000 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 411 sits

All 47 3-beds →

411 last sold in April 2024 at AED 1,943 per sqft, in line with what three-beds in Shoreline - Basri were fetching at the time (AED 1,910). 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. 411's AED 168,000 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 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

411, Shoreline - Basri in numbers

  • Sold twice: first on 3 September 2009 for AED 3,500,000, last on 23 April 2024 for AED 4,300,000 (AED 1,943 per sqft).
  • Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 195,000 to AED 128,182 in 2020 and recovered to AED 168,000 by October 2022.
  • At AED 168,000 a year the gross yield on the 2024 price is 3.9%, 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 23 April 2024.

Questions about 411, Shoreline - Basri

What did unit 411 last sell for?

AED 4,300,000 on 23 April 2024: AED 1,943 per sqft for 2,213 sqft. The unit has 2 registered sales; the first was AED 3,500,000 in September 2009.

What is the rent for unit 411?

AED 168,000 a year on the contract renewed on 20 October 2022. The previous contract, from October 2021, was AED 160,000; the unit has been rented since May 2013.

How big is unit 411?

2,213 sqft (205.6 sqm): a three-bedroom apartment on the 4th floor of a 11-storey tower completed in 2007.

What is unit 411 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 411, Shoreline - Basri

Starts from the last sale price (AED 4.3M, 23 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

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