706, Shoreline - Basri
Sold prices and rental history: sold 4 times, last in March 2023, 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 706, Shoreline - Basri
What is 706 worth today?
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Source: Dubai Land Department. Updated 9 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,994 sqft
- Floor
- 7th of 11
- Parking
- 1B2-147
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 28,400 /yr
- Last sold
- AED 3.95M · March 2023
- Building
- Shoreline - Basri
About 706, Shoreline - Basri
706 is a two-bedroom apartment of 1,994 sqft on the 7th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 9 March 2023 for AED 3,950,000, or AED 1,981 per sqft, in line with the AED 1,934 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 21 September 2022, is AED 195,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 28,400 a year.
Sales and rents for 706 over time
706 has sold 4 times; 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 706 sits
All 66 2-beds →706 last sold in March 2023 at AED 1,981 per sqft, in line with what two-beds in Shoreline - Basri were fetching at the time (AED 1,934). 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. 706's AED 195,000 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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,583 sqft | AED 2.25MAED 2,250,000 · Dec 2022December 2022 | 165,000 /yr | |
| 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 | |
| 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 |
706, Shoreline - Basri in numbers
- Sold 4 times: first on 23 April 2009 for AED 1,150,000, last on 9 March 2023 for AED 3,950,000 (AED 1,981 per sqft).
- Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 180,000 to AED 111,756 in 2020 and recovered to AED 195,000 by September 2022.
- At AED 195,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 28,400 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 9 March 2023.
Questions about 706, Shoreline - Basri
What did unit 706 last sell for?
AED 3,950,000 on 9 March 2023: AED 1,981 per sqft for 1,994 sqft. The unit has 4 registered sales; the first was AED 1,150,000 in April 2009.
What is the rent for unit 706?
AED 195,000 a year on the contract renewed on 21 September 2022. The previous contract, from September 2021, was AED 170,000; the unit has been rented since March 2013.
How big is unit 706?
1,994 sqft (185.2 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2007.
What is unit 706 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 706, Shoreline - Basri
Starts from the last sale price (AED 3.95M, 9 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,950,000
- Deposit, UAE resident (20%)
- AED 790,000
- Deposit, non-resident (40%)
- AED 1,580,000
- Monthly over 25 years at 3.7%
- AED 16,161
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →