2-bed · 1,583 sqftShoreline - Basri, Palm Jumeirah · 10th floor · completed 2007

1001, Shoreline - Basri

Sold prices and rental history: sold twice, last in August 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 16 October 2022
Last soldAED 2.2M12 August 2015
Current rentAED 120K /yr16 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Shoreline - Basri

What is 1001 worth today?

Last sold for AED 2,200,000 in 2015

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16 Oct 2022RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
19 Sep 2021RentedNew contract
AED 105,000/yr12 months · AED 66 per sqft
12 Aug 2015SoldReady
AED 2,200,000AED 1,390 per sqft
3 Sep 2013RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft
28 Apr 2009Sold by developerReady
AED 825,000AED 521 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 October 2022.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
10th of 11
Parking
B2-8
Developer
Nakheel
Completed
2007
Service charge
AED 22,600 /yr
Last sold
AED 2.2M · August 2015

About 1001, Shoreline - Basri

1001 is a two-bedroom apartment of 1,583 sqft on the 10th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 12 August 2015 for AED 2,200,000, or AED 1,390 per sqft, 14% below the AED 1,611 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 16 October 2022, is AED 120,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 22,600 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Shoreline - Basri
2M4M20092013201720212025Typical sale price by year: 2009 AED 1,050,000; 2010 AED 1,375,000; 2011 AED 2,750,000; 2012 AED 1,700,000; 2013 AED 3,550,000; 2014 AED 1,900,000; 2015 AED 2,790,000; 2016 AED 2,900,000; 2018 AED 2,400,000; 2020 AED 1,612,500; 2022 AED 2,250,000; 2023 AED 3,975,000; 2024 AED 4,500,000Sold by developer, April 2009: AED 825,000 (AED 521 per sqft)Sold, August 2015: AED 2,200,000 (AED 1,390 per sqft)

1001 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Shoreline - Basri
100K150K200K2011201520192023Typical rent by year: 2011 AED 140,000; 2012 AED 170,000; 2013 AED 165,000; 2014 AED 175,000; 2015 AED 180,000; 2016 AED 180,000; 2017 AED 175,000; 2018 AED 145,000; 2019 AED 137,500; 2020 AED 130,000; 2021 AED 125,000; 2022 AED 145,409; 2023 AED 167,096; 2024 AED 200,000; 2025 AED 178,700New contract, September 2013: AED 150,000 a yearNew contract, September 2021: AED 105,000 a yearNew contract, October 2022: AED 120,000 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 1001 sits

All 63 2-beds →

1001 last sold in August 2015 at AED 1,390 per sqft, 14% below what two-beds in Shoreline - Basri were fetching at the time (AED 1,611). 1001's AED 120,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
31 Jul 20256,300,000
23 Apr 20256,900,000
12 Nov 20245,800,000
22 Oct 20244,500,000
0 2-bed sales in the last 12 months

Shoreline - Basri

Building

130 apartments, 1-bed to 4-bed over 11 floors in Palm Jumeirah, completed in 2007 by Nakheel. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 185K /yr
Typical yield
Shoreline - Basri, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 130 units in Shoreline - Basri
Value
10023-bedAED 2.9M · Nov 2015
10033-bedAED 1.28M · Feb 2010
10041-bedAED 1.83M · Apr 2013
1005AED 6.5M · Aug 2025
10062-bedAED 1.15M · Apr 2009
10072-bedAED 3.95M · Dec 2022
10082-bedAED 895K · Apr 2009
1–7 of 11

1001, Shoreline - Basri in numbers

  • Sold twice: first on 28 April 2009 for AED 825,000, last on 12 August 2015 for AED 2,200,000 (AED 1,390 per sqft).
  • Rented since September 2013 on 3 Ejari contracts. The rent fell from AED 150,000 to AED 105,000 in 2021 and recovered to AED 120,000 by October 2022.
  • At AED 120,000 a year the gross yield on the 2015 price is 5.5%, before a service charge of about AED 22,600 a year (AED 14.26 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 16 October 2022.

Questions about 1001, Shoreline - Basri

What did unit 1001 last sell for?

AED 2,200,000 on 12 August 2015: AED 1,390 per sqft for 1,583 sqft. The unit has 2 registered sales; the first was AED 825,000 in April 2009.

What is the rent for unit 1001?

AED 120,000 a year on the contract signed on 16 October 2022. The previous contract, from September 2021, was AED 105,000; the unit has been rented since September 2013.

How big is unit 1001?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 10th floor of a 11-storey tower completed in 2007.

What is unit 1001 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 1001, Shoreline - Basri

Starts from the last sale price (AED 2.2M, 12 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →