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

1012, Shoreline - Basri

Sold prices and rental history: sold twice, last in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1012 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 1.65M27 May 2009
Current rentAED 136K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1012, Shoreline - Basri

What is 1012 worth today?

Last sold for AED 1,650,000 in 2009

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15 Feb 2025RentedRenewal
AED 135,792/yr12 months · AED 86 per sqft
15 Feb 2024RentedRenewal
AED 118,080/yr12 months · AED 75 per sqft
15 Feb 2023RentedNew contract
AED 98,400/yr12 months · AED 62 per sqft
15 Feb 2022RentedRenewal
AED 98,400/yr12 months · AED 62 per sqft
15 Feb 2021RentedNew contract
AED 82,000/yr12 months · AED 52 per sqft
14 May 2019RentedRenewal
AED 117,000/yr12 months · AED 74 per sqft
14 May 2018RentedNew contract
AED 117,000/yr12 months · AED 74 per sqft
24 Mar 2017RentedNew contract
AED 155,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
10th of 11
Parking
B1-7
Developer
Nakheel
Completed
2007
Service charge
AED 22,600 /yr
Last sold
AED 1.65M · May 2009

About 1012, Shoreline - Basri

1012 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 27 May 2009 for AED 1,650,000, or AED 1,042 per sqft, 81% above the AED 576 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 135,792 a year: a gross yield of 8.2% on the 2009 price, before the service charge of about AED 22,600 a year.

Sales and rents for 1012 over time

Sales
Unit 1012, 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 2,000,000 (AED 1,263 per sqft)Sold, May 2009: AED 1,650,000 (AED 1,042 per sqft)

1012 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1012, each contractTypical two-bed in Shoreline - Basri
100K200K2011201520192023Typical 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, March 2015: AED 155,000 a yearRenewal, March 2016: AED 155,000 a yearNew contract, March 2017: AED 155,000 a yearNew contract, May 2018: AED 117,000 a yearRenewal, May 2019: AED 117,000 a yearNew contract, February 2021: AED 82,000 a yearRenewal, February 2022: AED 98,400 a yearNew contract, February 2023: AED 98,400 a yearRenewal, February 2024: AED 118,080 a yearRenewal, February 2025: AED 135,792 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 1012 sits

All 63 2-beds →

1012 last sold in May 2009 at AED 1,042 per sqft, 81% above what two-beds in Shoreline - Basri were fetching at the time (AED 576). 1012's AED 135,792 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
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

1012, Shoreline - Basri in numbers

  • Sold twice: first on 22 April 2009 for AED 2,000,000, last on 27 May 2009 for AED 1,650,000 (AED 1,042 per sqft).
  • Rented since March 2015 on 10 Ejari contracts. The rent fell from AED 155,000 to AED 82,000 in 2021 and recovered to AED 135,792 by February 2025.
  • At AED 135,792 a year the gross yield on the 2009 price is 8.2%, before a service charge of about AED 22,600 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 15 February 2025.

Questions about 1012, Shoreline - Basri

What did unit 1012 last sell for?

AED 1,650,000 on 27 May 2009: AED 1,042 per sqft for 1,583 sqft. The unit has 2 registered sales; the first was AED 2,000,000 in April 2009.

What is the rent for unit 1012?

AED 135,792 a year on the contract renewed on 15 February 2025. The previous contract, from February 2024, was AED 118,080; the unit has been rented since March 2015.

How big is unit 1012?

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 1012 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 1012, Shoreline - Basri

Starts from the last sale price (AED 1.65M, 27 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

Plus AED 74,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →