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3-bed · 2,182 sqftShoreline - Basri, Palm Jumeirah · 10th floor · completed 2007

1002, Shoreline - Basri

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

Unit 1002 · DLD and Ejari recordsUpdated 19 November 2015
Last soldAED 2.9M19 November 2015
Current rentAED 190K /yr15 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1002, Shoreline - Basri

What is 1002 worth today?

Last sold for AED 2,900,000 in 2015

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19 Nov 2015SoldReady
AED 2,900,000AED 1,329 per sqft
15 Jun 2014RentedRenewal
AED 190,000/yr12 months · AED 87 per sqft
15 Jun 2013RentedNew contract
AED 178,500/yr12 months · AED 82 per sqft
29 Apr 2009Sold by developerReady
AED 1,175,000AED 538 per sqft

Source: Dubai Land Department. Updated 19 November 2015.

Key facts

Type
3-bed apartment
Size
2,182 sqft
Floor
10th of 11
Parking
B2-138,B2-139
Developer
Nakheel
Completed
2007
Service charge
AED 31,100 /yr
Last sold
AED 2.9M · November 2015
Building
Shoreline - Basri

About 1002, Shoreline - Basri

1002 is a three-bedroom apartment of 2,182 sqft on the 10th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 19 November 2015 for AED 2,900,000, or AED 1,329 per sqft, 6% below the AED 1,412 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 15 June 2014, is AED 190,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 31,100 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical three-bed in Shoreline - Basri
2M4M20092013201720212025Typical sale price by year: 2009 AED 1,250,000; 2010 AED 2,100,000; 2011 AED 1,275,000; 2012 AED 2,450,000; 2013 AED 2,802,500; 2014 AED 3,850,000; 2020 AED 2,020,000; 2021 AED 2,900,000; 2022 AED 2,900,000; 2024 AED 4,052,000Sold by developer, April 2009: AED 1,175,000 (AED 538 per sqft)Sold, November 2015: AED 2,900,000 (AED 1,329 per sqft)

1002 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1002, each contractTypical three-bed in Shoreline - Basri
150K200K250K2012201620202024Typical rent by year: 2012 AED 183,500; 2013 AED 185,000; 2014 AED 200,000; 2015 AED 200,000; 2016 AED 190,000; 2017 AED 184,000; 2018 AED 180,000; 2019 AED 142,500; 2020 AED 130,000; 2021 AED 132,000; 2022 AED 159,500; 2023 AED 200,007; 2024 AED 240,000; 2025 AED 240,000New contract, June 2013: AED 178,500 a yearRenewal, June 2014: AED 190,000 a year

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

3-beds in Shoreline - Basri, and where 1002 sits

All 45 3-beds →

1002 last sold in November 2015 at AED 1,329 per sqft, 6% below what three-beds in Shoreline - Basri were fetching at the time (AED 1,412).

Recent 3-bed salesUnit no.Price (AED)Summary
24 Apr 20243,500,000
23 Apr 20244,300,000
12 Jan 20244,052,000
1 Nov 20234,575,000
0 3-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
10012-bedAED 2.2M · Aug 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

1002, Shoreline - Basri in numbers

  • Sold twice: first on 29 April 2009 for AED 1,175,000, last on 19 November 2015 for AED 2,900,000 (AED 1,329 per sqft).
  • Rented since June 2013 on 2 Ejari contracts, from AED 178,500 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 31,100 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 19 November 2015.

Questions about 1002, Shoreline - Basri

What did unit 1002 last sell for?

AED 2,900,000 on 19 November 2015: AED 1,329 per sqft for 2,182 sqft. The unit has 2 registered sales; the first was AED 1,175,000 in April 2009.

What is the rent for unit 1002?

AED 190,000 a year on the contract renewed on 15 June 2014. The previous contract, from June 2013, was AED 178,500.

How big is unit 1002?

2,182 sqft (202.7 sqm): a three-bedroom apartment on the 10th floor of a 11-storey tower completed in 2007.

What is unit 1002 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 1002, Shoreline - Basri

Starts from the last sale price (AED 2.9M, 19 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

Plus AED 126,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →