2-bed · 1,551 sqftShoreline - Basri, Palm Jumeirah · 8th floor · completed 2007

805, Shoreline - Basri

Sold prices and rental history: sold 3 times, last in July 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 26 July 2020
Last soldAED 1.43M26 July 2020
Current rentAED 160K /yr15 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Shoreline - Basri

What is 805 worth today?

Last sold for AED 1,425,000 in 2020

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26 Jul 2020SoldReady
AED 1,425,000AED 918 per sqft
15 Mar 2020RentedRenewal
AED 160,000/yr12 months · AED 103 per sqft
15 Mar 2019RentedRenewal
AED 170,000/yr12 months · AED 110 per sqft
15 Mar 2017RentedNew contract
AED 190,000/yr12 months · AED 123 per sqft
21 Feb 2016RentedNew contract
AED 180,000/yr12 months · AED 116 per sqft
11 Jan 2015RentedRenewal
AED 247,500/yr11 months · AED 160 per sqft
17 May 2014RentedRenewal
AED 261,322/yr8 months · AED 169 per sqft
17 May 2013RentedNew contract
AED 195,000/yr12 months · AED 126 per sqft

Source: Dubai Land Department. Updated 26 July 2020.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
8th of 11
Parking
B2-149
Developer
Nakheel
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 1.43M · July 2020

About 805, Shoreline - Basri

805 is a two-bedroom apartment of 1,551 sqft on the 8th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 26 July 2020 for AED 1,425,000, or AED 918 per sqft, in line with the AED 918 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 March 2020, is AED 160,000 a year: a gross yield of 11.2% on the 2020 price, before the service charge of about AED 22,100 a year.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical two-bed in Shoreline - Basri
02.5M5M2009201420192024Typical 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 895,000 (AED 577 per sqft)Sold, May 2010: AED 2,600,000 (AED 1,676 per sqft)Sold, July 2020: AED 1,425,000 (AED 918 per sqft)

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

Rents
Unit 805, each contractTypical two-bed in Shoreline - Basri
200K20112015201920232027Typical 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, May 2013: AED 195,000 a yearRenewal, May 2014: AED 261,322 a yearRenewal, January 2015: AED 247,500 a yearNew contract, February 2016: AED 180,000 a yearNew contract, March 2017: AED 190,000 a yearRenewal, March 2019: AED 170,000 a yearRenewal, March 2020: AED 160,000 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 805 sits

All 66 2-beds →

805 last sold in July 2020 at AED 918 per sqft, in line with what two-beds in Shoreline - Basri were fetching at the time (AED 918). 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. 805's AED 160,000 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 8th floor

All 131 units in Shoreline - Basri
Value
8012-bedAED 825K · Apr 2009
8023-bedAED 1.18M · Apr 2009
8033-bedAED 2.95M · Nov 2021
8041-bedAED 2M · Feb 2019
8062-bedAED 6.05M · Aug 2024
8072-bedAED 3M · Nov 2009
8082-bedAED 895K · Apr 2009
1–7 of 11

805, Shoreline - Basri in numbers

  • Sold 3 times: first on 23 April 2009 for AED 895,000, last on 26 July 2020 for AED 1,425,000 (AED 918 per sqft).
  • Rented since May 2013 on 7 Ejari contracts, from AED 195,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2020 price is 11.2%, 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 26 July 2020.

Questions about 805, Shoreline - Basri

What did unit 805 last sell for?

AED 1,425,000 on 26 July 2020: AED 918 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 895,000 in April 2009.

What is the rent for unit 805?

AED 160,000 a year on the contract renewed on 15 March 2020. The previous contract, from March 2019, was AED 170,000; the unit has been rented since May 2013.

How big is unit 805?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 8th floor of a 11-storey tower completed in 2007.

What is unit 805 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 805, Shoreline - Basri

Starts from the last sale price (AED 1.43M, 26 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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