2-bed · 1,551 sqftShoreline - Basri, Palm Jumeirah · 6th floor · completed 2007

605, Shoreline - Basri

Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 4.7M1 February 2024
Current rentAED 146K /yr5 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Shoreline - Basri

What is 605 worth today?

Last sold for AED 4,700,000 in 2024

Unlock today's estimate, updated daily, with

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

1 Feb 2024SoldReady
AED 4,700,000AED 3,030 per sqft
23 Mar 2022SoldReady
AED 3,267,200AED 2,106 per sqft
5 Mar 2022RentedRenewal
AED 145,818/yr2 months · AED 94 per sqft
5 Mar 2021RentedRenewal
AED 145,000/yr12 months · AED 94 per sqft
5 Mar 2020RentedRenewal
AED 160,000/yr12 months · AED 103 per sqft
5 Mar 2019RentedRenewal
AED 175,000/yr12 months · AED 113 per sqft
25 Jul 2015RentedRenewal
AED 181,125/yr12 months · AED 117 per sqft
25 Jul 2014RentedRenewal
AED 181,125/yr12 months · AED 117 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
6th of 11
Parking
1B2-154
Developer
Nakheel
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 4.7M · February 2024

About 605, Shoreline - Basri

605 is a two-bedroom apartment of 1,551 sqft on the 6th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 1 February 2024 for AED 4,700,000, or AED 3,030 per sqft, 52% above the AED 1,987 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 10 Ejari contracts. The current contract, renewed on 5 March 2022, is AED 145,818 a year: a gross yield of 3.1% on the 2024 price, before the service charge of about AED 22,100 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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 895,000 (AED 577 per sqft)Sold, March 2022: AED 3,267,200 (AED 2,106 per sqft)Sold, February 2024: AED 4,700,000 (AED 3,030 per sqft)

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

Rents
Unit 605, 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 190,785New contract, July 2011: AED 180,000 a yearNew contract, April 2012: AED 172,500 a yearNew contract, April 2013: AED 172,500 a yearNew contract, July 2013: AED 172,500 a yearRenewal, July 2014: AED 181,125 a yearRenewal, July 2015: AED 181,125 a yearRenewal, March 2019: AED 175,000 a yearRenewal, March 2020: AED 160,000 a yearRenewal, March 2021: AED 145,000 a yearRenewal, March 2022: AED 145,818 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 605 sits

All 66 2-beds →

605 last sold in February 2024 at AED 3,030 per sqft, 52% above what two-beds in Shoreline - Basri were fetching at the time (AED 1,987). 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. 605's AED 145,818 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 6th floor

All 131 units in Shoreline - Basri
Value
6012-bedAED 2.15M · Mar 2023
6023-bedAED 2.85M · Oct 2021
6033-bedAED 4.58M · Nov 2023
6041-bedAED 685K · Apr 2009
6062-bedAED 3.58M · Oct 2013
6072-bedAED 4M · Apr 2009
6082-bedAED 2.4M · Dec 2017
1–7 of 11

605, Shoreline - Basri in numbers

  • Sold 3 times: first on 23 April 2009 for AED 895,000, last on 1 February 2024 for AED 4,700,000 (AED 3,030 per sqft).
  • Rented since July 2011 on 10 Ejari contracts, from AED 180,000 to AED 145,818 a year.
  • At AED 145,818 a year the gross yield on the 2024 price is 3.1%, before a service charge of about AED 22,100 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 1 February 2024.

Questions about 605, Shoreline - Basri

What did unit 605 last sell for?

AED 4,700,000 on 1 February 2024: AED 3,030 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 895,000 in April 2009.

What is the rent for unit 605?

AED 145,818 a year on the contract renewed on 5 March 2022. The previous contract, from March 2021, was AED 145,000; the unit has been rented since July 2011.

How big is unit 605?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 6th floor of a 11-storey tower completed in 2007.

What is unit 605 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 605? 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 605, Shoreline - Basri

Starts from the last sale price (AED 4.7M, 1 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,700,000
Deposit, UAE resident (20%)
AED 940,000
Deposit, non-resident (40%)
AED 1,880,000
Monthly over 25 years at 3.7%
AED 19,229

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