2-bed · 1,583 sqftShoreline - Basri, Palm Jumeirah · 5th floor · completed 2007

501, Shoreline - Basri

Sold prices and rental history: sold 5 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 28 July 2025
Last soldAED 3.15M11 September 2024
Current rentAED 225K /yr28 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Shoreline - Basri

What is 501 worth today?

Last sold for AED 3,150,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Jul 2025RentedNew contract
AED 225,000/yr12 months · AED 142 per sqft
11 Sep 2024SoldReady
AED 3,150,000AED 1,990 per sqft
1 Sep 2023RentedRenewal
AED 156,000/yr12 months · AED 99 per sqft
1 Sep 2022RentedRenewal
AED 156,000/yr12 months · AED 99 per sqft
1 Sep 2022RentedRenewal
AED 125,000/yr12 months · AED 79 per sqft
1 Sep 2021RentedRenewal
AED 105,000/yr12 months · AED 66 per sqft
1 Sep 2020RentedRenewal
AED 105,000/yr12 months · AED 66 per sqft
1 Sep 2019RentedRenewal
AED 114,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 28 July 2025.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
5th of 11
Parking
B2-52
Developer
Nakheel
Completed
2007
Service charge
AED 22,600 /yr
Last sold
AED 3.15M · September 2024

About 501, Shoreline - Basri

501 is a two-bedroom apartment of 1,583 sqft on the 5th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 11 September 2024 for AED 3,150,000, or AED 1,990 per sqft, 29% below the AED 2,798 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, signed on 28 July 2025, is AED 225,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 22,600 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, July 2009: AED 800,000 (AED 505 per sqft)Sold, June 2012: AED 1,750,000 (AED 1,105 per sqft)Sold, February 2014: AED 1,900,000 (AED 1,200 per sqft)Sold, June 2014: AED 1,290,000 (AED 815 per sqft)Sold, September 2024: AED 3,150,000 (AED 1,990 per sqft)

501 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, 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, July 2014: AED 170,000 a yearNew contract, July 2015: AED 170,000 a yearNew contract, July 2016: AED 150,000 a yearNew contract, September 2017: AED 120,000 a yearRenewal, September 2018: AED 120,000 a yearRenewal, September 2019: AED 114,000 a yearRenewal, September 2020: AED 105,000 a yearRenewal, September 2021: AED 105,000 a yearRenewal, September 2022: AED 156,000 a yearRenewal, September 2022: AED 125,000 a yearRenewal, September 2023: AED 156,000 a yearNew contract, July 2025: AED 225,000 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 501 sits

All 66 2-beds →

501 last sold in September 2024 at AED 1,990 per sqft, 29% below what two-beds in Shoreline - Basri were fetching at the time (AED 2,798). 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. 501's AED 225,000 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 5th floor

All 131 units in Shoreline - Basri
Value
5023-bedAED 2.45M · Feb 2012
5033-bedAED 1.25M · Apr 2009
5041-bedAED 3.5M · Aug 2025
5052-bedAED 2.9M · May 2016
5062-bedAED 3.6M · Jan 2022
5072-bedAED 5.8M · Nov 2024
5082-bedAED 1.8M · Mar 2020
1–7 of 11

501, Shoreline - Basri in numbers

  • Sold 5 times: first on 14 July 2009 for AED 800,000, last on 11 September 2024 for AED 3,150,000 (AED 1,990 per sqft).
  • Rented since July 2014 on 12 Ejari contracts. The rent fell from AED 170,000 to AED 105,000 in 2021 and recovered to AED 225,000 by July 2025.
  • At AED 225,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 22,600 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 28 July 2025.

Questions about 501, Shoreline - Basri

What did unit 501 last sell for?

AED 3,150,000 on 11 September 2024: AED 1,990 per sqft for 1,583 sqft. The unit has 5 registered sales; the first was AED 800,000 in July 2009.

What is the rent for unit 501?

AED 225,000 a year on the contract signed on 28 July 2025. The previous contract, from September 2023, was AED 156,000; the unit has been rented since July 2014.

How big is unit 501?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2007.

What is unit 501 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.

Selling 501? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 501, Shoreline - Basri

Starts from the last sale price (AED 3.15M, 11 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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