2-bed · 1,551 sqftShoreline - Basri, Palm Jumeirah · 7th floor · completed 2007

708, Shoreline - Basri

Sold prices and rental history: sold 3 times, last in December 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 23 June 2026
Last soldAED 2.1M6 December 2011
Current rentAED 229K /yr23 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Shoreline - Basri

What is 708 worth today?

Last sold for AED 2,100,000 in 2011

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23 Jun 2026RentedNew contract
AED 228,770/yr6 months · AED 148 per sqft
24 Jun 2024RentedNew contract
AED 230,000/yr12 months · AED 148 per sqft
11 Jul 2022RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
11 Jul 2021RentedRenewal
AED 120,000/yr12 months · AED 77 per sqft
11 Jul 2020RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft
7 Jul 2019RentedNew contract
AED 140,000/yr12 months · AED 90 per sqft
13 Oct 2018RentedRenewal
AED 170,000/yr4 months · AED 110 per sqft
13 Apr 2018RentedRenewal
AED 170,000/yr6 months · AED 110 per sqft

Source: Dubai Land Department. Updated 23 June 2026.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
7th of 11
Parking
B2-127
Developer
Nakheel
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 2.1M · December 2011

About 708, Shoreline - Basri

708 is a two-bedroom apartment of 1,551 sqft on the 7th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 6 December 2011 for AED 2,100,000, or AED 1,354 per sqft, in line with the AED 1,354 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 23 June 2026, is AED 228,770 a year: a gross yield of 10.9% on the 2011 price, before the service charge of about AED 22,100 a year.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical two-bed in Shoreline - Basri
2.5M5M2009201420192024Typical sale price by year: 2009 AED 1,050,000; 2010 AED 1,375,000; 2011 AED 2,100,000; 2012 AED 1,700,000; 2013 AED 3,550,000; 2014 AED 1,900,000; 2015 AED 2,790,000; 2016 AED 3,000,000; 2018 AED 2,400,000; 2020 AED 1,612,500; 2022 AED 2,758,600; 2023 AED 3,975,000; 2024 AED 4,500,000; 2025 AED 6,400,000Sold by developer, April 2009: AED 4,250,000 (AED 2,740 per sqft)Sold, June 2009: AED 2,280,000 (AED 1,470 per sqft)Sold, December 2011: AED 2,100,000 (AED 1,354 per sqft)

708 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 708, each contractTypical two-bed in Shoreline - Basri
150K200K20112015201920232027Typical rent by year: 2011 AED 140,000; 2012 AED 170,000; 2013 AED 165,000; 2014 AED 178,718; 2015 AED 178,500; 2016 AED 180,000; 2017 AED 172,500; 2018 AED 145,000; 2019 AED 140,000; 2020 AED 132,500; 2021 AED 125,000; 2022 AED 145,818; 2023 AED 170,000; 2024 AED 200,000; 2025 AED 187,000; 2026 AED 190,785New contract, December 2012: AED 170,000 a yearNew contract, February 2014: AED 180,000 a yearNew contract, February 2015: AED 180,000 a yearRenewal, February 2016: AED 180,000 a yearNew contract, April 2017: AED 170,000 a yearRenewal, April 2018: AED 170,000 a yearRenewal, October 2018: AED 170,000 a yearNew contract, July 2019: AED 140,000 a yearNew contract, July 2020: AED 120,000 a yearRenewal, July 2021: AED 120,000 a yearRenewal, July 2022: AED 130,000 a yearNew contract, June 2024: AED 230,000 a yearNew contract, June 2026: AED 228,770 a year

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 708 sits

All 66 2-beds →

708 last sold in December 2011 at AED 1,354 per sqft, in line with what two-beds in Shoreline - Basri were fetching at the time (AED 1,354). 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. 708's AED 228,770 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 May 20265,550,000
2 Mar 20265,100,000
26 Aug 20255,800,000
12 Aug 20256,500,000
2 2-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
7041-bedAED 685K · Apr 2009
7052-bedAED 3.38M · Feb 2015
7062-bedAED 3.95M · Mar 2023
7072-bedAED 2.8M · Jul 2019
1–7 of 11

708, Shoreline - Basri in numbers

  • Sold 3 times: first on 29 April 2009 for AED 4,250,000, last on 6 December 2011 for AED 2,100,000 (AED 1,354 per sqft).
  • Rented since December 2012 on 13 Ejari contracts. The rent fell from AED 170,000 to AED 120,000 in 2021 and recovered to AED 228,770 by June 2026.
  • At AED 228,770 a year the gross yield on the 2011 price is 10.9%, before a service charge of about AED 22,100 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 23 June 2026.

Questions about 708, Shoreline - Basri

What did unit 708 last sell for?

AED 2,100,000 on 6 December 2011: AED 1,354 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 4,250,000 in April 2009.

What is the rent for unit 708?

AED 228,770 a year on the contract signed on 23 June 2026. The previous contract, from June 2024, was AED 230,000; the unit has been rented since December 2012.

How big is unit 708?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2007.

What is unit 708 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 708, Shoreline - Basri

Starts from the last sale price (AED 2.1M, 6 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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