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2-bed · 1,551 sqftShoreline - Basri, Palm Jumeirah · 5th floor · completed 2007

508, Shoreline - Basri

Sold prices and rental history: sold twice, last in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 10 March 2020
Last soldAED 1.8M10 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Shoreline - Basri

What is 508 worth today?

Last sold for AED 1,800,000 in 2020

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10 Mar 2020SoldReady
AED 1,800,000AED 1,160 per sqft
23 Apr 2009Sold by developerReady
AED 870,000AED 560 per sqft

Source: Dubai Land Department. Updated 10 March 2020.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
5th of 11
Parking
B2-41
Developer
Nakheel
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 1.8M · March 2020
Building
Shoreline - Basri

About 508, Shoreline - Basri

508 is a two-bedroom apartment of 1,551 sqft on the 5th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 10 March 2020 for AED 1,800,000, or AED 1,160 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, 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, April 2009: AED 870,000 (AED 560 per sqft)Sold, March 2020: AED 1,800,000 (AED 1,160 per sqft)

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

Rents
Unit 508, 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 508 sits

All 66 2-beds →

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 5th floor

All 131 units in Shoreline - Basri
Value
5012-bedAED 3.15M · Sep 2024
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
1–7 of 11

508, Shoreline - Basri in numbers

  • Sold twice: first on 23 April 2009 for AED 870,000, last on 10 March 2020 for AED 1,800,000 (AED 1,160 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 10 March 2020.

Questions about 508, Shoreline - Basri

What did unit 508 last sell for?

AED 1,800,000 on 10 March 2020: AED 1,160 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 870,000 in April 2009.

How big is unit 508?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2007.

What is unit 508 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 508, Shoreline - Basri

Starts from the last sale price (AED 1.8M, 10 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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