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

710, Shoreline - Basri

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 710 · DLD and Ejari recordsUpdated 5 April 2018
Last soldAED 1.28M26 January 2011
Current rentAED 195K /yr5 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Shoreline - Basri

What is 710 worth today?

Last sold for AED 1,275,000 in 2011

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5 Apr 2018RentedRenewal
AED 195,000/yr6 months · AED 90 per sqft
5 Apr 2017RentedRenewal
AED 195,000/yr12 months · AED 90 per sqft
5 Apr 2016RentedRenewal
AED 180,000/yr12 months · AED 83 per sqft
5 Apr 2015RentedRenewal
AED 180,000/yr12 months · AED 83 per sqft
5 Apr 2014RentedNew contract
AED 180,000/yr12 months · AED 83 per sqft
5 Apr 2013RentedNew contract
AED 180,000/yr12 months · AED 83 per sqft
26 Jan 2011Sold by developerReady
AED 1,275,000AED 590 per sqft

Source: Dubai Land Department. Updated 5 April 2018.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
7th of 11
Parking
B2-124,B2-125
Developer
Nakheel
Completed
2007
Service charge
AED 30,800 /yr
Last sold
AED 1.28M · January 2011

About 710, Shoreline - Basri

710 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. The developer sold it on 26 January 2011 for AED 1,275,000, or AED 590 per sqft, 22% below the AED 761 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 5 April 2018, is AED 195,000 a year: a gross yield of 15.3% on the 2011 price, before the service charge of about AED 30,800 a year.

Sales and rents for 710 over time

Sales
Unit 710, 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, January 2011: AED 1,275,000 (AED 590 per sqft)

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

Rents
Unit 710, 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 237,500New contract, April 2013: AED 180,000 a yearNew contract, April 2014: AED 180,000 a yearRenewal, April 2015: AED 180,000 a yearRenewal, April 2016: AED 180,000 a yearRenewal, April 2017: AED 195,000 a yearRenewal, April 2018: AED 195,000 a year

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 710 sits

All 47 3-beds →

710 last sold in January 2011 at AED 590 per sqft, 22% below what three-beds in Shoreline - Basri were fetching at the time (AED 761). 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. 710's AED 195,000 is at the bottom of that range.

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
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

710, Shoreline - Basri in numbers

  • Sold once: by Nakheel on 26 January 2011 for AED 1,275,000, or AED 590 per sqft.
  • Rented since April 2013 on 6 Ejari contracts, from AED 180,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2011 price is 15.3%, before a service charge of about AED 30,800 a year (AED 14.26 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 5 April 2018.

Questions about 710, Shoreline - Basri

What did unit 710 last sell for?

AED 1,275,000 on 26 January 2011, sold by the developer: AED 590 per sqft for 2,159 sqft. It is the only registered sale of the unit.

What is the rent for unit 710?

AED 195,000 a year on the contract renewed on 5 April 2018. The previous contract, from April 2017, was AED 195,000; the unit has been rented since April 2013.

How big is unit 710?

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 710 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 710, Shoreline - Basri

Starts from the last sale price (AED 1.28M, 26 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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