1-bed · 1,145 sqftShoreline - Basri, Palm Jumeirah · 7th floor · completed 2007

704, 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 704 · DLD and Ejari recordsUpdated 23 April 2009
Last soldAED 685K23 April 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Shoreline - Basri

What is 704 worth today?

Last sold for AED 685,000 in 2009

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23 Apr 2009Sold by developerReady
AED 685,000AED 598 per sqft

Source: Dubai Land Department. Updated 23 April 2009.

Key facts

Type
1-bed apartment
Size
1,145 sqft
Floor
7th of 11
Parking
B2-83
Developer
Nakheel
Completed
2007
Service charge
AED 16,300 /yr
Last sold
AED 685K · April 2009

About 704, Shoreline - Basri

704 is a one-bedroom apartment of 1,145 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 23 April 2009 for AED 685,000, or AED 598 per sqft, in line with the AED 598 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Shoreline - Basri
1M2M2009201320172021Typical sale price by year: 2009 AED 685,000; 2010 AED 1,750,000; 2011 AED 1,410,000; 2012 AED 1,800,000; 2013 AED 1,862,500; 2017 AED 1,887,500; 2022 AED 1,837,500; 2023 AED 2,250,000Sold by developer, April 2009: AED 685,000 (AED 598 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Shoreline - Basri
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 123,580; 2014 AED 125,000; 2015 AED 125,000; 2016 AED 125,000; 2017 AED 122,500; 2018 AED 119,000; 2019 AED 97,500; 2020 AED 90,000; 2021 AED 99,750; 2022 AED 105,000; 2023 AED 145,000; 2024 AED 145,000; 2025 AED 140,000; 2026 AED 146,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Basri, and where 704 sits

All 26 1-beds →

704 last sold in April 2009 at AED 598 per sqft, in line with what one-beds in Shoreline - Basri were fetching at the time (AED 598).

Recent 1-bed salesUnit no.Price (AED)Summary
14 Aug 20253,500,000
11 Aug 20253,700,000
17 Oct 20242,618,500
29 Apr 20242,760,000
0 1-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
7033-bedAED 3.3M · Nov 2017
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

704, Shoreline - Basri in numbers

  • Sold once: by Nakheel on 23 April 2009 for AED 685,000, or AED 598 per sqft.

Source: Dubai Land Department. Updated 23 April 2009.

Questions about 704, Shoreline - Basri

What did unit 704 last sell for?

AED 685,000 on 23 April 2009, sold by the developer: AED 598 per sqft for 1,145 sqft. It is the only registered sale of the unit.

How big is unit 704?

1,145 sqft (106.4 sqm): a one-bedroom apartment on the 7th floor of a 11-storey tower completed in 2007.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 704, Shoreline - Basri

Starts from the last sale price (AED 685K, 23 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

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