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3-bed · 2,159 sqftShoreline - Basri, Palm Jumeirah · 7th floor · completed 2007

703, Shoreline - Basri

Sold prices and rental history: sold twice, last in November 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 26 November 2017
Last soldAED 3.3M26 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Shoreline - Basri

What is 703 worth today?

Last sold for AED 3,300,000 in 2017

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26 Nov 2017SoldReady
AED 3,300,000AED 1,528 per sqft
10 May 2012Sold by developerReady
AED 6,200,000AED 2,871 per sqft

Source: Dubai Land Department. Updated 26 November 2017.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
7th of 11
Parking
B2-79,B2-80
Developer
Nakheel
Completed
2007
Service charge
AED 30,800 /yr
Last sold
AED 3.3M · November 2017
Building
Shoreline - Basri

About 703, Shoreline - Basri

703 is a three-bedroom apartment of 2,159 sqft on the 7th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 26 November 2017 for AED 3,300,000, or AED 1,528 per sqft, 19% above the AED 1,288 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical three-bed in Shoreline - Basri
2.5M5M20092013201720212025Typical 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, May 2012: AED 6,200,000 (AED 2,871 per sqft)Sold, November 2017: AED 3,300,000 (AED 1,528 per sqft)

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

Rents
Unit 703, 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 703 sits

All 47 3-beds →

703 last sold in November 2017 at AED 1,528 per sqft, 19% above what three-beds in Shoreline - Basri were fetching at the time (AED 1,288). 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
7023-bedAED 1.18M · Apr 2009
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

703, Shoreline - Basri in numbers

  • Sold twice: first on 10 May 2012 for AED 6,200,000, last on 26 November 2017 for AED 3,300,000 (AED 1,528 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 26 November 2017.

Questions about 703, Shoreline - Basri

What did unit 703 last sell for?

AED 3,300,000 on 26 November 2017: AED 1,528 per sqft for 2,159 sqft. The unit has 2 registered sales; the first was AED 6,200,000 in May 2012.

How big is unit 703?

2,159 sqft (200.6 sqm): a three-bedroom apartment on the 7th floor of a 11-storey tower completed in 2007.

What is unit 703 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 703, Shoreline - Basri

Starts from the last sale price (AED 3.3M, 26 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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