2-bed · 1,551 sqftShoreline - Basri, Palm Jumeirah · 10th floor · completed 2007

1008, Shoreline - Basri

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 895K22 April 2009
Current rentAED 220K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Shoreline - Basri

What is 1008 worth today?

Last sold for AED 895,000 in 2009

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1 Aug 2025RentedRenewal
AED 220,000/yr12 months · AED 142 per sqft
1 Aug 2024RentedRenewal
AED 220,000/yr12 months · AED 142 per sqft
1 Jan 2023RentedRenewal
AED 140,000/yr6 months · AED 90 per sqft
1 Jan 2021RentedNew contract
AED 125,000/yr12 months · AED 81 per sqft
1 Jul 2020RentedRenewal
AED 135,000/yr6 months · AED 87 per sqft
1 Jul 2019RentedRenewal
AED 135,000/yr12 months · AED 87 per sqft
24 Jun 2017RentedNew contract
AED 158,000/yr12 months · AED 102 per sqft
10 Jun 2016RentedNew contract
AED 173,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
10th of 11
Parking
B2-76
Developer
Nakheel
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 895K · April 2009

About 1008, Shoreline - Basri

1008 is a two-bedroom apartment of 1,551 sqft on the 10th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 22 April 2009 for AED 895,000, or AED 577 per sqft, 3% above the AED 560 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 220,000 a year: a gross yield of 24.6% on the 2009 price, before the service charge of about AED 22,100 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, 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 895,000 (AED 577 per sqft)

1008 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1008, each contractTypical two-bed in Shoreline - Basri
150K200K2011201520192023Typical 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, June 2014: AED 173,000 a yearRenewal, June 2015: AED 173,000 a yearNew contract, June 2016: AED 173,000 a yearNew contract, June 2017: AED 158,000 a yearRenewal, July 2019: AED 135,000 a yearRenewal, July 2020: AED 135,000 a yearNew contract, January 2021: AED 125,000 a yearRenewal, January 2023: AED 140,000 a yearRenewal, August 2024: AED 220,000 a yearRenewal, August 2025: AED 220,000 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 1008 sits

All 63 2-beds →

1008 last sold in April 2009 at AED 577 per sqft, 3% above what two-beds in Shoreline - Basri were fetching at the time (AED 560). 1008's AED 220,000 is in the upper half 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
10012-bedAED 2.2M · Aug 2015
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
1–7 of 11

1008, Shoreline - Basri in numbers

  • Sold once: by Nakheel on 22 April 2009 for AED 895,000, or AED 577 per sqft.
  • Rented since June 2014 on 10 Ejari contracts. The rent fell from AED 173,000 to AED 125,000 in 2021 and recovered to AED 220,000 by August 2025.
  • At AED 220,000 a year the gross yield on the 2009 price is 24.6%, before a service charge of about AED 22,100 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 1 August 2025.

Questions about 1008, Shoreline - Basri

What did unit 1008 last sell for?

AED 895,000 on 22 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 1008?

AED 220,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 220,000; the unit has been rented since June 2014.

How big is unit 1008?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 10th floor of a 11-storey tower completed in 2007.

What is unit 1008 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 1008, Shoreline - Basri

Starts from the last sale price (AED 895K, 22 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 AED 42,600 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →