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

608, Shoreline - Basri

Sold prices and rental history: sold 3 times, last in December 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 17 October 2024
Last soldAED 2.4M19 December 2017
Current rentAED 190K /yr17 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Shoreline - Basri

What is 608 worth today?

Last sold for AED 2,400,000 in 2017

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17 Oct 2024RentedNew contract
AED 190,000/yr12 months · AED 123 per sqft
22 Jul 2023RentedRenewal
AED 139,656/yr12 months · AED 90 per sqft
22 Jul 2022RentedRenewal
AED 116,380/yr12 months · AED 75 per sqft
22 Jul 2021RentedRenewal
AED 105,800/yr12 months · AED 68 per sqft
22 Jul 2020RentedNew contract
AED 92,000/yr12 months · AED 59 per sqft
15 Oct 2019RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft
10 Mar 2019RentedNew contract
AED 140,000/yr12 months · AED 90 per sqft
1 Jan 2018RentedNew contract
AED 175,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 17 October 2024.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
6th of 11
Parking
B2-91
Developer
Nakheel
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 2.4M · December 2017

About 608, Shoreline - Basri

608 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 19 December 2017 for AED 2,400,000, or AED 1,547 per sqft.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 17 October 2024, is AED 190,000 a year: a gross yield of 7.9% on the 2017 price, before the service charge of about AED 22,100 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical two-bed in Shoreline - Basri
2.5M5M2009201420192024Typical 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 3,700,000 (AED 2,385 per sqft)Sold, June 2012: AED 2,700,000 (AED 1,740 per sqft)Sold, December 2017: AED 2,400,000 (AED 1,547 per sqft)

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

Rents
Unit 608, each contractTypical two-bed in Shoreline - Basri
100K150K200K20112015201920232027Typical 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, March 2015: AED 160,000 a yearNew contract, August 2015: AED 165,000 a yearNew contract, April 2016: AED 170,000 a yearNew contract, January 2018: AED 175,000 a yearNew contract, March 2019: AED 140,000 a yearNew contract, October 2019: AED 130,000 a yearNew contract, July 2020: AED 92,000 a yearRenewal, July 2021: AED 105,800 a yearRenewal, July 2022: AED 116,380 a yearRenewal, July 2023: AED 139,656 a yearNew contract, October 2024: AED 190,000 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 608 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. 608's AED 190,000 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 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
6052-bedAED 4.7M · Feb 2024
6062-bedAED 3.58M · Oct 2013
6072-bedAED 4M · Apr 2009
1–7 of 11

608, Shoreline - Basri in numbers

  • Sold 3 times: first on 23 April 2009 for AED 3,700,000, last on 19 December 2017 for AED 2,400,000 (AED 1,547 per sqft).
  • Rented since March 2015 on 11 Ejari contracts. The rent fell from AED 160,000 to AED 92,000 in 2020 and recovered to AED 190,000 by October 2024.
  • At AED 190,000 a year the gross yield on the 2017 price is 7.9%, 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 17 October 2024.

Questions about 608, Shoreline - Basri

What did unit 608 last sell for?

AED 2,400,000 on 19 December 2017: AED 1,547 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 3,700,000 in April 2009.

What is the rent for unit 608?

AED 190,000 a year on the contract signed on 17 October 2024. The previous contract, from July 2023, was AED 139,656; the unit has been rented since March 2015.

How big is unit 608?

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 608 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 608, Shoreline - Basri

Starts from the last sale price (AED 2.4M, 19 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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