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2-bed · 1,583 sqftShoreline - Basri, Palm Jumeirah · 11th floor · completed 2007

1112, Shoreline - Basri

Sold prices and rental history: sold 4 times, last in July 2024, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1112 · DLD and Ejari recordsUpdated 23 July 2024
Last soldAED 3.3M23 July 2024
Current rentAED 130K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1112, Shoreline - Basri

What is 1112 worth today?

Last sold for AED 3,300,000 in 2024

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23 Jul 2024SoldReady
AED 3,300,000AED 2,084 per sqft
15 Jun 2022RentedNew contract
AED 130,000/yr12 months · AED 82 per sqft
27 Nov 2014SoldReady
AED 2,500,000AED 1,579 per sqft
6 Jul 2014SoldReady
AED 2,165,000AED 1,367 per sqft
28 Apr 2009Sold by developerReady
AED 3,127,400AED 1,975 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 July 2024.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
11th of 11
Parking
1B1-23
Developer
Nakheel
Completed
2007
Service charge
AED 22,600 /yr
Last sold
AED 3.3M · July 2024
Building
Shoreline - Basri

About 1112, Shoreline - Basri

1112 is a two-bedroom apartment of 1,583 sqft on the 11th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 23 July 2024 for AED 3,300,000, or AED 2,084 per sqft, 23% below the AED 2,694 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 June 2022. The current contract, signed on 15 June 2022, is AED 130,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 22,600 a year.

Sales and rents for 1112 over time

Sales
Unit 1112, each saleTypical two-bed in Shoreline - Basri
2M4M2009201420192024Typical 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 3,127,400 (AED 1,975 per sqft)Sold, July 2014: AED 2,165,000 (AED 1,367 per sqft)Sold, November 2014: AED 2,500,000 (AED 1,579 per sqft)Sold, July 2024: AED 3,300,000 (AED 2,084 per sqft)

1112 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1112, 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 2022: AED 130,000 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 1112 sits

All 63 2-beds →

1112 last sold in July 2024 at AED 2,084 per sqft, 23% below what two-beds in Shoreline - Basri were fetching at the time (AED 2,694). 1112's AED 130,000 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 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
11062-bedAED 2.5M · Apr 2021
11072-bedAED 1.4M · Jun 2009
1–7 of 11

1112, Shoreline - Basri in numbers

  • Sold 4 times: first on 28 April 2009 for AED 3,127,400, last on 23 July 2024 for AED 3,300,000 (AED 2,084 per sqft).
  • Rented since June 2022 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 3.9%, 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 23 July 2024.

Questions about 1112, Shoreline - Basri

What did unit 1112 last sell for?

AED 3,300,000 on 23 July 2024: AED 2,084 per sqft for 1,583 sqft. The unit has 4 registered sales; the first was AED 3,127,400 in April 2009.

What is the rent for unit 1112?

AED 130,000 a year on the contract signed on 15 June 2022.

How big is unit 1112?

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

What is unit 1112 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 1112, Shoreline - Basri

Starts from the last sale price (AED 3.3M, 23 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →