2-bed · 1,994 sqftShoreline - Basri, Palm Jumeirah · 9th floor · completed 2007

906, Shoreline - Basri

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 18 October 2024
Last soldAED 1.15M23 April 2009
Current rentAED 290K /yr18 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Shoreline - Basri

What is 906 worth today?

Last sold for AED 1,150,000 in 2009

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18 Oct 2024RentedNew contract
AED 290,000/yr12 months · AED 146 per sqft
6 Oct 2023RentedNew contract
AED 265,000/yr12 months · AED 133 per sqft
1 Sep 2022RentedRenewal
AED 190,000/yr12 months · AED 95 per sqft
1 Sep 2021RentedRenewal
AED 170,000/yr12 months · AED 85 per sqft
1 Sep 2020RentedRenewal
AED 160,000/yr12 months · AED 80 per sqft
1 Sep 2019RentedNew contract
AED 175,000/yr12 months · AED 88 per sqft
15 Sep 2018RentedRenewal
AED 200,000/yr12 months · AED 100 per sqft
15 Sep 2017RentedRenewal
AED 209,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 18 October 2024.

Key facts

Type
2-bed apartment
Size
1,994 sqft
Floor
9th of 11
Parking
B1-32
Developer
Nakheel
Completed
2007
Service charge
AED 28,400 /yr
Last sold
AED 1.15M · April 2009

About 906, Shoreline - Basri

906 is a two-bedroom apartment of 1,994 sqft on the 9th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 23 April 2009 for AED 1,150,000, or AED 576 per sqft, in line with the AED 576 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 18 October 2024, is AED 290,000 a year: a gross yield of 25.2% on the 2009 price, before the service charge of about AED 28,400 a year.

Sales and rents for 906 over time

Sales
Unit 906, each saleTypical two-bed in Shoreline - Basri
2.5M5M2009201420192024Typical 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 1,150,000 (AED 576 per sqft)

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

Rents
Unit 906, each contractTypical two-bed in Shoreline - Basri
100K200K300K20112015201920232027Typical 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, September 2013: AED 215,000 a yearNew contract, September 2014: AED 210,000 a yearRenewal, September 2015: AED 210,000 a yearNew contract, September 2016: AED 209,000 a yearRenewal, September 2017: AED 209,000 a yearRenewal, September 2018: AED 200,000 a yearNew contract, September 2019: AED 175,000 a yearRenewal, September 2020: AED 160,000 a yearRenewal, September 2021: AED 170,000 a yearRenewal, September 2022: AED 190,000 a yearNew contract, October 2023: AED 265,000 a yearNew contract, October 2024: AED 290,000 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 906 sits

All 66 2-beds →

906 last sold in April 2009 at AED 576 per sqft, in line with what two-beds in Shoreline - Basri were fetching at the time (AED 576). 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. 906's AED 290,000 is in the upper 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 9th floor

All 131 units in Shoreline - Basri
Value
9012-bedAED 1.7M · Jul 2012
9023-bedAED 1.8M · Feb 2012
9033-bedAED 2.25M · Apr 2020
9041-bedAED 685K · Apr 2009
9052-bedAED 895K · Apr 2009
9072-bedAED 6.9M · Apr 2025
9082-bedAED 895K · Apr 2009
1–7 of 11

906, Shoreline - Basri in numbers

  • Sold once: by Nakheel on 23 April 2009 for AED 1,150,000, or AED 576 per sqft.
  • Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 215,000 to AED 160,000 in 2020 and recovered to AED 290,000 by October 2024.
  • At AED 290,000 a year the gross yield on the 2009 price is 25.2%, 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 18 October 2024.

Questions about 906, Shoreline - Basri

What did unit 906 last sell for?

AED 1,150,000 on 23 April 2009, sold by the developer: AED 576 per sqft for 1,994 sqft. It is the only registered sale of the unit.

What is the rent for unit 906?

AED 290,000 a year on the contract signed on 18 October 2024. The previous contract, from October 2023, was AED 265,000; the unit has been rented since September 2013.

How big is unit 906?

1,994 sqft (185.2 sqm): a two-bedroom apartment on the 9th floor of a 11-storey tower completed in 2007.

What is unit 906 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 906, Shoreline - Basri

Starts from the last sale price (AED 1.15M, 23 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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