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1-bed · 720 sqftShoreline - Basri, Palm Jumeirah · 1st floor · completed 2007

J2, Shoreline - Basri

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit J2 · DLD and Ejari recordsUpdated 16 March 2022
Last soldAED 1.15M16 March 2022
Current rentAED 62K /yr16 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for J2, Shoreline - Basri

What is J2 worth today?

Last sold for AED 1,149,000 in 2022

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16 Mar 2022SoldReady
AED 1,149,000AED 1,595 per sqft
16 Mar 2021RentedRenewal
AED 62,000/yr12 months · AED 86 per sqft
16 Mar 2020RentedNew contract
AED 66,000/yr12 months · AED 92 per sqft
16 Mar 2019RentedRenewal
AED 74,500/yr12 months · AED 103 per sqft
4 Jan 2017RentedRenewal
AED 90,000/yr12 months · AED 125 per sqft
4 Jan 2016RentedNew contract
AED 90,000/yr12 months · AED 125 per sqft
4 Dec 2014RentedNew contract
AED 105,000/yr12 months · AED 146 per sqft
4 Dec 2013RentedNew contract
AED 105,000/yr12 months · AED 146 per sqft

Source: Dubai Land Department. Updated 16 March 2022.

Key facts

Type
1-bed apartment
Size
720 sqft
Floor
1st of 11
Parking
B2-25
Developer
Nakheel
Completed
2007
Service charge
AED 10,300 /yr
Last sold
AED 1.15M · March 2022
Building
Shoreline - Basri

About J2, Shoreline - Basri

J2 is a one-bedroom apartment of 720 sqft on the 1st floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 16 March 2022 for AED 1,149,000, or AED 1,595 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 16 March 2021, is AED 62,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 10,300 a year.

Sales and rents for J2 over time

Sales
Unit J2, each saleTypical one-bed in Shoreline - Basri
1M2M2009201320172021Typical sale price by year: 2009 AED 685,000; 2010 AED 1,750,000; 2011 AED 1,410,000; 2012 AED 1,800,000; 2013 AED 1,862,500; 2017 AED 1,887,500; 2022 AED 1,837,500; 2023 AED 2,250,000Sold by developer, August 2011: AED 967,500 (AED 1,343 per sqft)Sold, March 2022: AED 1,149,000 (AED 1,595 per sqft)

J2 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit J2, each contractTypical one-bed in Shoreline - Basri
50K100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 123,580; 2014 AED 125,000; 2015 AED 125,000; 2016 AED 125,000; 2017 AED 122,500; 2018 AED 119,000; 2019 AED 97,500; 2020 AED 90,000; 2021 AED 99,750; 2022 AED 105,000; 2023 AED 145,000; 2024 AED 145,000; 2025 AED 140,000; 2026 AED 146,000New contract, January 2013: AED 85,000 a yearNew contract, December 2013: AED 105,000 a yearNew contract, December 2014: AED 105,000 a yearNew contract, January 2016: AED 90,000 a yearRenewal, January 2017: AED 90,000 a yearRenewal, March 2019: AED 74,500 a yearNew contract, March 2020: AED 66,000 a yearRenewal, March 2021: AED 62,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Shoreline - Basri, and where J2 sits

All 26 1-beds →

J2's AED 62,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Aug 20253,500,000
11 Aug 20253,700,000
17 Oct 20242,618,500
29 Apr 20242,760,000
0 1-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 1st floor

All 131 units in Shoreline - Basri
Value
1012-bedAED 2.25M · Oct 2013
1023-bedAED 2.08M · Sep 2012
1041-bedAED 660K · Apr 2009
1052-bedAED 870K · May 2011
1062-bedAED 2.85M · Jun 2013
1071-bedAED 660K · Apr 2009
1083-bedAED 625K · Nov 2011
1–7 of 10

J2, Shoreline - Basri in numbers

  • Sold twice: first on 8 August 2011 for AED 967,500, last on 16 March 2022 for AED 1,149,000 (AED 1,595 per sqft).
  • Rented since January 2013 on 8 Ejari contracts, from AED 85,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2022 price is 5.4%, before a service charge of about AED 10,300 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 16 March 2022.

Questions about J2, Shoreline - Basri

What did unit J2 last sell for?

AED 1,149,000 on 16 March 2022: AED 1,595 per sqft for 720 sqft. The unit has 2 registered sales; the first was AED 967,500 in August 2011.

What is the rent for unit J2?

AED 62,000 a year on the contract renewed on 16 March 2021. The previous contract, from March 2020, was AED 66,000; the unit has been rented since January 2013.

How big is unit J2?

720 sqft (66.9 sqm): a one-bedroom apartment on the 1st floor of a 11-storey tower completed in 2007.

What is unit J2 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on J2, Shoreline - Basri

Starts from the last sale price (AED 1.15M, 16 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,149,000
Deposit, UAE resident (20%)
AED 229,800
Deposit, non-resident (40%)
AED 459,600
Monthly over 25 years at 3.7%
AED 4,701

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