3-bed · 2,182 sqftShoreline - Basri, Palm Jumeirah · 7th floor · completed 2007

711, Shoreline - Basri

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

Unit 711 · DLD and Ejari recordsUpdated 2 March 2025
Last soldAED 1.18M12 September 2013
Current rentAED 240K /yr2 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Shoreline - Basri

What is 711 worth today?

Last sold for AED 1,175,000 in 2013

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2 Mar 2025RentedRenewal
AED 240,000/yr12 months · AED 110 per sqft
2 Mar 2024RentedRenewal
AED 240,000/yr12 months · AED 110 per sqft
2 Mar 2023RentedNew contract
AED 240,000/yr12 months · AED 110 per sqft
20 Nov 2021RentedRenewal
AED 128,000/yr12 months · AED 59 per sqft
20 Nov 2020RentedNew contract
AED 115,000/yr12 months · AED 53 per sqft
6 Dec 2019RentedRenewal
AED 140,000/yr12 months · AED 64 per sqft
6 Dec 2018RentedNew contract
AED 140,000/yr12 months · AED 64 per sqft
19 Sep 2017RentedNew contract
AED 165,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 2 March 2025.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Floor
7th of 11
Parking
B2-122,B2-123
Developer
Nakheel
Completed
2007
Service charge
AED 31,100 /yr
Last sold
AED 1.18M · September 2013

About 711, Shoreline - Basri

711 is a three-bedroom apartment of 2,182 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 12 September 2013 for AED 1,175,000, or AED 538 per sqft, 58% below the AED 1,287 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 2 March 2025, is AED 240,000 a year: a gross yield of 20.4% on the 2013 price, before the service charge of about AED 31,100 a year.

Sales and rents for 711 over time

Sales
Unit 711, 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, September 2013: AED 1,175,000 (AED 538 per sqft)

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

Rents
Unit 711, each contractTypical three-bed in Shoreline - Basri
100K200K2012201620202024Typical 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, July 2013: AED 200,000 a yearNew contract, July 2014: AED 210,000 a yearRenewal, July 2015: AED 210,000 a yearRenewal, July 2016: AED 210,000 a yearNew contract, September 2017: AED 165,000 a yearNew contract, December 2018: AED 140,000 a yearRenewal, December 2019: AED 140,000 a yearNew contract, November 2020: AED 115,000 a yearRenewal, November 2021: AED 128,000 a yearNew contract, March 2023: AED 240,000 a yearRenewal, March 2024: AED 240,000 a yearRenewal, March 2025: AED 240,000 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 711 sits

All 47 3-beds →

711 last sold in September 2013 at AED 538 per sqft, 58% below what three-beds in Shoreline - Basri were fetching at the time (AED 1,287). 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. 711's AED 240,000 is in the lower half 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

711, Shoreline - Basri in numbers

  • Sold once: by Nakheel on 12 September 2013 for AED 1,175,000, or AED 538 per sqft.
  • Rented since July 2013 on 12 Ejari contracts. The rent fell from AED 200,000 to AED 115,000 in 2020 and recovered to AED 240,000 by March 2025.
  • At AED 240,000 a year the gross yield on the 2013 price is 20.4%, before a service charge of about AED 31,100 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 2 March 2025.

Questions about 711, Shoreline - Basri

What did unit 711 last sell for?

AED 1,175,000 on 12 September 2013, sold by the developer: AED 538 per sqft for 2,182 sqft. It is the only registered sale of the unit.

What is the rent for unit 711?

AED 240,000 a year on the contract renewed on 2 March 2025. The previous contract, from March 2024, was AED 240,000; the unit has been rented since July 2013.

How big is unit 711?

2,182 sqft (202.7 sqm): a three-bedroom apartment on the 7th floor of a 11-storey tower completed in 2007.

What is unit 711 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 711, Shoreline - Basri

Starts from the last sale price (AED 1.18M, 12 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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