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3-bed · 2,182 sqftShoreline - Basri, Palm Jumeirah · 7th floor · completed 2007

702, Shoreline - Basri

Sold prices and rental history: sold once, by the developer in April 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 29 April 2009
Last soldAED 1.18M29 April 2009
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Shoreline - Basri

What is 702 worth today?

Last sold for AED 1,175,000 in 2009

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29 Apr 2009Sold by developerReady
AED 1,175,000AED 538 per sqft

Source: Dubai Land Department. Updated 29 April 2009.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Floor
7th of 11
Parking
B2-81,B2-82
Developer
Nakheel
Completed
2007
Service charge
AED 31,100 /yr
Last sold
AED 1.18M · April 2009
Building
Shoreline - Basri

About 702, Shoreline - Basri

702 is a three-bedroom apartment of 2,182 sqft on the 7th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 29 April 2009 for AED 1,175,000, or AED 538 per sqft, 7% below the AED 578 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, 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 1,175,000 (AED 538 per sqft)

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

Rents
Unit 702, 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 237,500

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 702 sits

All 47 3-beds →

702 last sold in April 2009 at AED 538 per sqft, 7% below 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.

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 7th floor

All 131 units in Shoreline - Basri
Value
7012-bedAED 2.25M · Dec 2022
7033-bedAED 3.3M · Nov 2017
7041-bedAED 685K · Apr 2009
7052-bedAED 3.38M · Feb 2015
7062-bedAED 3.95M · Mar 2023
7072-bedAED 2.8M · Jul 2019
7082-bedAED 2.1M · Dec 2011
1–7 of 11

702, Shoreline - Basri in numbers

  • Sold once: by Nakheel on 29 April 2009 for AED 1,175,000, or AED 538 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 29 April 2009.

Questions about 702, Shoreline - Basri

What did unit 702 last sell for?

AED 1,175,000 on 29 April 2009, sold by the developer: AED 538 per sqft for 2,182 sqft. It is the only registered sale of the unit.

How big is unit 702?

2,182 sqft (202.7 sqm): a three-bedroom apartment on the 7th floor of a 11-storey tower completed in 2007.

What is unit 702 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 702, Shoreline - Basri

Starts from the last sale price (AED 1.18M, 29 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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