2-bed · 1,551 sqftShoreline - Basri, Palm Jumeirah · 9th floor · completed 2007

908, 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 908 · DLD and Ejari recordsUpdated 1 October 2020
Last soldAED 895K23 April 2009
Current rentAED 110K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Shoreline - Basri

What is 908 worth today?

Last sold for AED 895,000 in 2009

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1 Oct 2020RentedRenewal
AED 110,000/yr12 months · AED 71 per sqft
1 Oct 2018RentedNew contract
AED 140,000/yr12 months · AED 90 per sqft
15 Sep 2017RentedNew contract
AED 175,000/yr12 months · AED 113 per sqft
1 Aug 2016RentedRenewal
AED 175,000/yr12 months · AED 113 per sqft
1 Aug 2015RentedNew contract
AED 175,000/yr12 months · AED 113 per sqft
1 Aug 2014RentedRenewal
AED 175,000/yr12 months · AED 113 per sqft
1 Aug 2013RentedNew contract
AED 175,000/yr12 months · AED 113 per sqft
23 Apr 2009Sold by developerReady
AED 895,000AED 577 per sqft

Source: Dubai Land Department. Updated 1 October 2020.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
9th of 11
Parking
B2-141
Developer
Nakheel
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 895K · April 2009

About 908, Shoreline - Basri

908 is a two-bedroom apartment of 1,551 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 895,000, or AED 577 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 7 Ejari contracts. The current contract, renewed on 1 October 2020, is AED 110,000 a year: a gross yield of 12.3% on the 2009 price, before the service charge of about AED 22,100 a year.

Sales and rents for 908 over time

Sales
Unit 908, 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)

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

Rents
Unit 908, each contractTypical two-bed in Shoreline - Basri
100K150K200K20112015201920232027Typical 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, August 2013: AED 175,000 a yearRenewal, August 2014: AED 175,000 a yearNew contract, August 2015: AED 175,000 a yearRenewal, August 2016: AED 175,000 a yearNew contract, September 2017: AED 175,000 a yearNew contract, October 2018: AED 140,000 a yearRenewal, October 2020: AED 110,000 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 908 sits

All 66 2-beds →

908 last sold in April 2009 at AED 577 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. 908's AED 110,000 is at the bottom 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
9062-bedAED 1.15M · Apr 2009
9072-bedAED 6.9M · Apr 2025
1–7 of 11

908, Shoreline - Basri in numbers

  • Sold once: by Nakheel on 23 April 2009 for AED 895,000, or AED 577 per sqft.
  • Rented since August 2013 on 7 Ejari contracts, from AED 175,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2009 price is 12.3%, 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 1 October 2020.

Questions about 908, Shoreline - Basri

What did unit 908 last sell for?

AED 895,000 on 23 April 2009, sold by the developer: AED 577 per sqft for 1,551 sqft. It is the only registered sale of the unit.

What is the rent for unit 908?

AED 110,000 a year on the contract renewed on 1 October 2020. The previous contract, from October 2018, was AED 140,000; the unit has been rented since August 2013.

How big is unit 908?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 9th floor of a 11-storey tower completed in 2007.

What is unit 908 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 908, Shoreline - Basri

Starts from the last sale price (AED 895K, 23 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 895,000
Deposit, UAE resident (20%)
AED 179,000
Deposit, non-resident (40%)
AED 358,000
Monthly over 25 years at 3.7%
AED 3,662

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