3-bed · 2,159 sqftShoreline - Basri, Palm Jumeirah · 8th floor · completed 2007

803, Shoreline - Basri

Sold prices and rental history: sold 3 times, last in November 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 2 November 2021
Last soldAED 2.95M2 November 2021
Current rentAED 130K /yr2 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Shoreline - Basri

What is 803 worth today?

Last sold for AED 2,950,000 in 2021

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2 Nov 2021SoldReady
AED 2,950,000AED 1,366 per sqft
2 Nov 2021RentedRenewal
AED 130,000/yr12 months · AED 60 per sqft
2 Nov 2020RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
20 Sep 2019RentedNew contract
AED 140,000/yr12 months · AED 65 per sqft
18 Jun 2018RentedNew contract
AED 180,000/yr12 months · AED 83 per sqft
15 Apr 2017RentedRenewal
AED 200,000/yr12 months · AED 92 per sqft
15 Apr 2016RentedRenewal
AED 200,000/yr12 months · AED 92 per sqft
15 Apr 2015RentedNew contract
AED 200,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 2 November 2021.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
8th of 11
Parking
B2-116,B2-117
Developer
Nakheel
Completed
2007
Service charge
AED 30,800 /yr
Last sold
AED 2.95M · November 2021

About 803, Shoreline - Basri

803 is a three-bedroom apartment of 2,159 sqft on the 8th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 2 November 2021 for AED 2,950,000, or AED 1,366 per sqft, 6% above the AED 1,288 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 2 November 2021, is AED 130,000 a year: a gross yield of 4.4% on the 2021 price, before the service charge of about AED 30,800 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, April 2009: AED 1,275,000 (AED 590 per sqft)Sold, November 2012: AED 3,150,000 (AED 1,459 per sqft)Sold, November 2021: AED 2,950,000 (AED 1,366 per sqft)

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

Rents
Unit 803, 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, January 2013: AED 190,000 a yearNew contract, January 2014: AED 200,000 a yearNew contract, April 2014: AED 200,000 a yearNew contract, April 2015: AED 200,000 a yearRenewal, April 2016: AED 200,000 a yearRenewal, April 2017: AED 200,000 a yearNew contract, June 2018: AED 180,000 a yearNew contract, September 2019: AED 140,000 a yearNew contract, November 2020: AED 130,000 a yearRenewal, November 2021: AED 130,000 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 803 sits

All 47 3-beds →

803 last sold in November 2021 at AED 1,366 per sqft, 6% above what three-beds in Shoreline - Basri were fetching at the time (AED 1,288). 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. 803's AED 130,000 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 8th floor

All 131 units in Shoreline - Basri
Value
8012-bedAED 825K · Apr 2009
8023-bedAED 1.18M · Apr 2009
8041-bedAED 2M · Feb 2019
8052-bedAED 1.43M · Jul 2020
8062-bedAED 6.05M · Aug 2024
8072-bedAED 3M · Nov 2009
8082-bedAED 895K · Apr 2009
1–7 of 11

803, Shoreline - Basri in numbers

  • Sold 3 times: first on 23 April 2009 for AED 1,275,000, last on 2 November 2021 for AED 2,950,000 (AED 1,366 per sqft).
  • Rented since January 2013 on 10 Ejari contracts, from AED 190,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 4.4%, 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 2 November 2021.

Questions about 803, Shoreline - Basri

What did unit 803 last sell for?

AED 2,950,000 on 2 November 2021: AED 1,366 per sqft for 2,159 sqft. The unit has 3 registered sales; the first was AED 1,275,000 in April 2009.

What is the rent for unit 803?

AED 130,000 a year on the contract renewed on 2 November 2021. The previous contract, from November 2020, was AED 130,000; the unit has been rented since January 2013.

How big is unit 803?

2,159 sqft (200.6 sqm): a three-bedroom apartment on the 8th floor of a 11-storey tower completed in 2007.

What is unit 803 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 803, Shoreline - Basri

Starts from the last sale price (AED 2.95M, 2 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

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