2-bed · 1,994 sqftShoreline - Basri, Palm Jumeirah · 11th floor · completed 2007

1106, Shoreline - Basri

Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 2.5M8 April 2021
Current rentAED 200K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Shoreline - Basri

What is 1106 worth today?

Last sold for AED 2,500,000 in 2021

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1 Aug 2024RentedNew contract
AED 200,000/yr12 months · AED 100 per sqft
16 Apr 2022RentedNew contract
AED 150,000/yr12 months · AED 75 per sqft
16 Apr 2021RentedNew contract
AED 100,000/yr12 months · AED 50 per sqft
8 Apr 2021SoldReady
AED 2,500,000AED 1,253 per sqft
1 Nov 2018SoldReady
AED 2,875,000AED 1,441 per sqft
1 Aug 2017RentedNew contract
AED 190,000/yr12 months · AED 95 per sqft
9 Mar 2017RentedNew contract
AED 190,000/yr12 months · AED 95 per sqft
1 Mar 2016RentedNew contract
AED 190,000/yr12 months · AED 95 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Key facts

Type
2-bed apartment
Size
1,994 sqft
Floor
11th of 11
Parking
B1-18
Developer
Nakheel
Completed
2007
Service charge
AED 28,400 /yr
Last sold
AED 2.5M · April 2021

About 1106, Shoreline - Basri

1106 is a two-bedroom apartment of 1,994 sqft on the 11th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 8 April 2021 for AED 2,500,000, or AED 1,253 per sqft, 36% above the AED 918 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 August 2024, is AED 200,000 a year: a gross yield of 8.0% on the 2021 price, before the service charge of about AED 28,400 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, 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 5,067,000 (AED 2,541 per sqft)Sold, November 2018: AED 2,875,000 (AED 1,441 per sqft)Sold, April 2021: AED 2,500,000 (AED 1,253 per sqft)

1106 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1106, 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, February 2013: AED 80,000 a yearNew contract, March 2016: AED 190,000 a yearNew contract, March 2017: AED 190,000 a yearNew contract, August 2017: AED 190,000 a yearNew contract, April 2021: AED 100,000 a yearNew contract, April 2022: AED 150,000 a yearNew contract, August 2024: AED 200,000 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 1106 sits

All 63 2-beds →

1106 last sold in April 2021 at AED 1,253 per sqft, 36% above what two-beds in Shoreline - Basri were fetching at the time (AED 918). 1106's AED 200,000 is in the lower 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 11th floor

All 130 units in Shoreline - Basri
Value
11012-bedAED 3.07M · May 2009
11023-bedAED 2.2M · Oct 2010
11033-bedAED 3.4M · Jul 2022
11041-bedAED 3.57M · Apr 2009
11052-bedAED 3.1M · Nov 2016
11072-bedAED 1.4M · Jun 2009
11082-bedAED 895K · Apr 2009
1–7 of 11

1106, Shoreline - Basri in numbers

  • Sold 3 times: first on 22 April 2009 for AED 5,067,000, last on 8 April 2021 for AED 2,500,000 (AED 1,253 per sqft).
  • Rented since February 2013 on 7 Ejari contracts, from AED 80,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2021 price is 8.0%, before a service charge of about AED 28,400 a year (AED 14.26 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Questions about 1106, Shoreline - Basri

What did unit 1106 last sell for?

AED 2,500,000 on 8 April 2021: AED 1,253 per sqft for 1,994 sqft. The unit has 3 registered sales; the first was AED 5,067,000 in April 2009.

What is the rent for unit 1106?

AED 200,000 a year on the contract signed on 1 August 2024. The previous contract, from April 2022, was AED 150,000; the unit has been rented since February 2013.

How big is unit 1106?

1,994 sqft (185.2 sqm): a two-bedroom apartment on the 11th floor of a 11-storey tower completed in 2007.

What is unit 1106 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 1106, Shoreline - Basri

Starts from the last sale price (AED 2.5M, 8 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →