4-bed · 4,838 sqftShoreline - Basri, Palm Jumeirah · completed 2007

PH12, Shoreline - Basri

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PH12 · DLD and Ejari recordsUpdated 27 February 2024
Last soldAED 8.35M27 February 2024
Current rentAED 245K /yr12 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PH12, Shoreline - Basri

What is PH12 worth today?

Last sold for AED 8,350,000 in 2024

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27 Feb 2024SoldReady
AED 8,350,000AED 1,725 per sqft
12 May 2022RentedRenewal
AED 245,000/yr12 months · AED 51 per sqft
12 May 2021RentedRenewal
AED 245,000/yr12 months · AED 51 per sqft
12 May 2020RentedRenewal
AED 245,000/yr12 months · AED 51 per sqft
12 May 2019RentedNew contract
AED 260,000/yr12 months · AED 54 per sqft
12 Dec 2017RentedRenewal
AED 300,000/yr12 months · AED 62 per sqft
12 Dec 2016RentedNew contract
AED 300,000/yr12 months · AED 62 per sqft
1 Dec 2015RentedNew contract
AED 330,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 27 February 2024.

Key facts

Type
4-bed apartment
Size
4,838 sqft
Parking
1B1-66,1B1-67,1B1-68
Developer
Nakheel
Completed
2007
Service charge
AED 69,000 /yr
Last sold
AED 8.35M · February 2024

About PH12, Shoreline - Basri

PH12 is a four-bedroom apartment of 4,838 sqft of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 27 February 2024 for AED 8,350,000, or AED 1,725 per sqft.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 12 May 2022, is AED 245,000 a year: a gross yield of 2.9% on the 2024 price, before the service charge of about AED 69,000 a year.

Sales and rents for PH12 over time

Rents
Unit PH12, each contractTypical four-bed in Shoreline - Basri
300K400K2012201620202024Typical rent by year: 2016 AED 300,000; 2025 AED 388,500New contract, January 2012: AED 300,000 a yearNew contract, December 2015: AED 330,000 a yearNew contract, December 2016: AED 300,000 a yearRenewal, December 2017: AED 300,000 a yearNew contract, May 2019: AED 260,000 a yearRenewal, May 2020: AED 245,000 a yearRenewal, May 2021: AED 245,000 a yearRenewal, May 2022: AED 245,000 a year

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

4-beds in Shoreline - Basri, and where PH12 sits

All 4 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
11 Apr 20216,325,000
11 Apr 20137,850,000
18 Jun 20093,250,000
11 Jun 20092,600,000
0 4-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 →

PH12, Shoreline - Basri in numbers

  • Sold twice: first on 11 June 2009 for AED 2,600,000, last on 27 February 2024 for AED 8,350,000 (AED 1,725 per sqft).
  • Rented since January 2012 on 8 Ejari contracts, from AED 300,000 to AED 245,000 a year.
  • At AED 245,000 a year the gross yield on the 2024 price is 2.9%, before a service charge of about AED 69,000 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 27 February 2024.

Questions about PH12, Shoreline - Basri

What did unit PH12 last sell for?

AED 8,350,000 on 27 February 2024: AED 1,725 per sqft for 4,838 sqft. The unit has 2 registered sales; the first was AED 2,600,000 in June 2009.

What is the rent for unit PH12?

AED 245,000 a year on the contract renewed on 12 May 2022. The previous contract, from May 2021, was AED 245,000; the unit has been rented since January 2012.

How big is unit PH12?

4,838 sqft (449.5 sqm): a four-bedroom apartment of a 11-storey tower completed in 2007.

What is unit PH12 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 PH12, Shoreline - Basri

Starts from the last sale price (AED 8.35M, 27 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 8,350,000
Deposit, UAE resident (20%)
AED 1,670,000
Deposit, non-resident (40%)
AED 3,340,000
Monthly over 25 years at 3.7%
AED 34,162

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