701, Shoreline - Basri
Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Shoreline - Basri
What is 701 worth today?
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Source: Dubai Land Department. Updated 25 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,583 sqft
- Floor
- 7th of 11
- Parking
- 1B2-84
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 22,600 /yr
- Last sold
- AED 2.25M · December 2022
- Building
- Shoreline - Basri
About 701, Shoreline - Basri
701 is a two-bedroom apartment of 1,583 sqft on the 7th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 13 December 2022 for AED 2,250,000, or AED 1,421 per sqft, 11% below the AED 1,605 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, renewed on 25 May 2026, is AED 165,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 22,600 a year.
Sales and rents for 701 over time
701 has sold twice; the dashed line is the two-bed median of each year in the building.
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 701 sits
All 66 2-beds →701 last sold in December 2022 at AED 1,421 per sqft, 11% below what two-beds in Shoreline - Basri were fetching at the time (AED 1,605). 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. 701's AED 165,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 May 202622 May 2026 | 1,551 sqft | 5,550,000 | 3,578 | ||
| 2 Mar 20262 March 2026 | 1,583 sqft | 5,100,000 | 3,222 | ||
| 26 Aug 202526 August 2025 | 1,551 sqft | 5,800,000 | 3,740 | ||
| 12 Aug 202512 August 2025 | 1,551 sqft | 6,500,000 | 4,191 |
Shoreline - Basri
Building131 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%
Other units on the 7th floor
All 131 units in Shoreline - Basri| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 2,182 sqft | AED 1.18MAED 1,175,000 · Apr 2009April 2009 | ||
| 703 | 3-bed | 2,159 sqft | AED 3.3MAED 3,300,000 · Nov 2017November 2017 | ||
| 704 | 1-bed | 1,145 sqft | AED 685KAED 685,000 · Apr 2009April 2009 | ||
| 705 | 2-bed | 1,551 sqft | AED 3.38MAED 3,380,000 · Feb 2015February 2015 | 210,000 /yr | |
| 706 | 2-bed | 1,994 sqft | AED 3.95MAED 3,950,000 · Mar 2023March 2023 | 195,000 /yr | |
| 707 | 2-bed | 1,994 sqft | AED 2.8MAED 2,800,000 · Jul 2019July 2019 | 230,000 /yr | |
| 708 | 2-bed | 1,551 sqft | AED 2.1MAED 2,100,000 · Dec 2011December 2011 | 228,770 /yr | |
| 709 | 1-bed | 1,145 sqft | AED 2.62MAED 2,618,500 · Oct 2024October 2024 | 100,000 /yr | |
| 710 | 3-bed | 2,159 sqft | AED 1.28MAED 1,275,000 · Jan 2011January 2011 | 195,000 /yr | |
| 711 | 3-bed | 2,182 sqft | AED 1.18MAED 1,175,000 · Sep 2013September 2013 | 240,000 /yr | |
| 712 | 2-bed | 1,583 sqft | AED 1.93MAED 1,925,000 · May 2017May 2017 | 154,584 /yr |
701, Shoreline - Basri in numbers
- Sold twice: first on 23 April 2009 for AED 825,000, last on 13 December 2022 for AED 2,250,000 (AED 1,421 per sqft).
- Rented since July 2013 on 15 Ejari contracts. The rent fell from AED 155,000 to AED 95,000 in 2021 and recovered to AED 165,000 by May 2026.
- At AED 165,000 a year the gross yield on the 2022 price is 7.3%, 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 25 May 2026.
Questions about 701, Shoreline - Basri
What did unit 701 last sell for?
AED 2,250,000 on 13 December 2022: AED 1,421 per sqft for 1,583 sqft. The unit has 2 registered sales; the first was AED 825,000 in April 2009.
What is the rent for unit 701?
AED 165,000 a year on the contract renewed on 25 May 2026. The previous contract, from May 2025, was AED 165,000; the unit has been rented since July 2013.
How big is unit 701?
1,583 sqft (147.1 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2007.
What is unit 701 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 701, Shoreline - Basri
Starts from the last sale price (AED 2.25M, 13 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,250,000
- Deposit, UAE resident (20%)
- AED 450,000
- Deposit, non-resident (40%)
- AED 900,000
- Monthly over 25 years at 3.7%
- AED 9,205
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →