2-bed · 1,994 sqftShoreline - Basri, Palm Jumeirah · 8th floor · completed 2007

806, Shoreline - Basri

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 6.05M30 August 2024
Current rentAED 155K /yr15 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Shoreline - Basri

What is 806 worth today?

Last sold for AED 6,050,000 in 2024

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30 Aug 2024SoldReady
AED 6,050,000AED 3,034 per sqft
2 Oct 2023SoldReady
AED 5,372,913AED 2,694 per sqft
15 Aug 2020RentedRenewal
AED 155,000/yr12 months · AED 78 per sqft
15 Aug 2019RentedRenewal
AED 200,000/yr12 months · AED 100 per sqft
15 Aug 2018RentedRenewal
AED 200,000/yr12 months · AED 100 per sqft
15 Aug 2017RentedNew contract
AED 200,000/yr12 months · AED 100 per sqft
6 Aug 2016RentedRenewal
AED 215,000/yr12 months · AED 108 per sqft
6 Aug 2015RentedNew contract
AED 215,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
2-bed apartment
Size
1,994 sqft
Floor
8th of 11
Parking
1B1-24
Developer
Nakheel
Completed
2007
Service charge
AED 28,400 /yr
Last sold
AED 6.05M · August 2024

About 806, Shoreline - Basri

806 is a two-bedroom apartment of 1,994 sqft on the 8th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 30 August 2024 for AED 6,050,000, or AED 3,034 per sqft, 5% above the AED 2,901 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 August 2020, is AED 155,000 a year: a gross yield of 2.6% on the 2024 price, before the service charge of about AED 28,400 a year.

Sales and rents for 806 over time

Sales
Unit 806, 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, November 2011: AED 575,000 (AED 288 per sqft)Sold, October 2023: AED 5,372,913 (AED 2,694 per sqft)Sold, August 2024: AED 6,050,000 (AED 3,034 per sqft)

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

Rents
Unit 806, 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, July 2013: AED 195,000 a yearNew contract, August 2014: AED 215,000 a yearNew contract, August 2015: AED 215,000 a yearRenewal, August 2016: AED 215,000 a yearNew contract, August 2017: AED 200,000 a yearRenewal, August 2018: AED 200,000 a yearRenewal, August 2019: AED 200,000 a yearRenewal, August 2020: AED 155,000 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 806 sits

All 66 2-beds →

806 last sold in August 2024 at AED 3,034 per sqft, 5% above what two-beds in Shoreline - Basri were fetching at the time (AED 2,901). 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. 806's AED 155,000 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
8052-bedAED 1.43M · Jul 2020
8072-bedAED 3M · Nov 2009
8082-bedAED 895K · Apr 2009
1–7 of 11

806, Shoreline - Basri in numbers

  • Sold 3 times: first on 15 November 2011 for AED 575,000, last on 30 August 2024 for AED 6,050,000 (AED 3,034 per sqft).
  • Rented since July 2013 on 8 Ejari contracts, from AED 195,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2024 price is 2.6%, before a service charge of about AED 28,400 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 30 August 2024.

Questions about 806, Shoreline - Basri

What did unit 806 last sell for?

AED 6,050,000 on 30 August 2024: AED 3,034 per sqft for 1,994 sqft. The unit has 3 registered sales; the first was AED 575,000 in November 2011.

What is the rent for unit 806?

AED 155,000 a year on the contract renewed on 15 August 2020. The previous contract, from August 2019, was AED 200,000; the unit has been rented since July 2013.

How big is unit 806?

1,994 sqft (185.2 sqm): a two-bedroom apartment on the 8th floor of a 11-storey tower completed in 2007.

What is unit 806 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 806, Shoreline - Basri

Starts from the last sale price (AED 6.05M, 30 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,050,000
Deposit, UAE resident (20%)
AED 1,210,000
Deposit, non-resident (40%)
AED 2,420,000
Monthly over 25 years at 3.7%
AED 24,752

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