3-bed · 2,159 sqftShoreline - Basri, Palm Jumeirah · 5th floor · completed 2007

510, Shoreline - Basri

Sold prices and rental history: sold once, by the developer in April 2009, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 22 October 2017
Last soldAED 1.25M28 April 2009
Current rentAED 185K /yr22 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Shoreline - Basri

What is 510 worth today?

Last sold for AED 1,250,000 in 2009

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22 Oct 2017RentedRenewal
AED 185,000/yr12 months · AED 86 per sqft
22 Oct 2016RentedNew contract
AED 185,000/yr12 months · AED 86 per sqft
1 Sep 2015RentedNew contract
AED 185,000/yr12 months · AED 86 per sqft
28 Apr 2009Sold by developerReady
AED 1,250,000AED 578 per sqft

Source: Dubai Land Department. Updated 22 October 2017.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
5th of 11
Parking
B2-105,B2-106
Developer
Nakheel
Completed
2007
Service charge
AED 30,800 /yr
Last sold
AED 1.25M · April 2009

About 510, Shoreline - Basri

510 is a three-bedroom apartment of 2,159 sqft on the 5th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 28 April 2009 for AED 1,250,000, or AED 578 per sqft, in line with the AED 578 three-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 22 October 2017, is AED 185,000 a year: a gross yield of 14.8% on the 2009 price, before the service charge of about AED 30,800 a year.

Sales and rents for 510 over time

Sales
Unit 510, 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, April 2009: AED 1,250,000 (AED 578 per sqft)

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

Rents
Unit 510, each contractTypical three-bed in Shoreline - Basri
150K200K250K2012201620202024Typical 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, September 2015: AED 185,000 a yearNew contract, October 2016: AED 185,000 a yearRenewal, October 2017: AED 185,000 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 510 sits

All 47 3-beds →

510 last sold in April 2009 at AED 578 per sqft, in line with what three-beds in Shoreline - Basri were fetching at the time (AED 578). 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. 510's AED 185,000 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 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

510, Shoreline - Basri in numbers

  • Sold once: by Nakheel on 28 April 2009 for AED 1,250,000, or AED 578 per sqft.
  • Rented since September 2015 on 3 Ejari contracts, at AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2009 price is 14.8%, before a service charge of about AED 30,800 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 22 October 2017.

Questions about 510, Shoreline - Basri

What did unit 510 last sell for?

AED 1,250,000 on 28 April 2009, sold by the developer: AED 578 per sqft for 2,159 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 185,000 a year on the contract renewed on 22 October 2017. The previous contract, from October 2016, was AED 185,000; the unit has been rented since September 2015.

How big is unit 510?

2,159 sqft (200.6 sqm): a three-bedroom apartment on the 5th floor of a 11-storey tower completed in 2007.

What is unit 510 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 510, Shoreline - Basri

Starts from the last sale price (AED 1.25M, 28 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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