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

1208, Shoreline - Basri

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 20 November 2025
Last soldAED 4.5M22 October 2024
Current rentAED 265K /yr20 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Shoreline - Basri

What is 1208 worth today?

Last sold for AED 4,500,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Nov 2025RentedNew contract
AED 265,000/yr12 months · AED 171 per sqft
22 Oct 2024SoldReady
AED 4,500,000AED 2,901 per sqft
7 Jul 2024RentedRenewal
AED 205,000/yr10 months · AED 132 per sqft
7 Jul 2023RentedNew contract
AED 205,000/yr12 months · AED 132 per sqft
1 Nov 2022RentedRenewal
AED 145,000/yr12 months · AED 94 per sqft
1 Nov 2021RentedNew contract
AED 145,000/yr12 months · AED 94 per sqft
1 Oct 2020RentedRenewal
AED 120,000/yr12 months · AED 77 per sqft
1 Oct 2019RentedRenewal
AED 140,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 20 November 2025.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Parking
1B1-30
Developer
Nakheel
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 4.5M · October 2024

About 1208, Shoreline - Basri

1208 is a two-bedroom apartment of 1,551 sqft of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 22 October 2024 for AED 4,500,000, or AED 2,901 per sqft, 4% above the AED 2,788 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 20 November 2025, is AED 265,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 22,100 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, 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, May 2009: AED 2,392,500 (AED 1,542 per sqft)Sold, October 2024: AED 4,500,000 (AED 2,901 per sqft)

1208 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1208, 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, July 2013: AED 175,000 a yearNew contract, September 2014: AED 175,000 a yearRenewal, September 2015: AED 183,750 a yearNew contract, August 2016: AED 170,000 a yearNew contract, May 2017: AED 160,000 a yearNew contract, October 2018: AED 140,000 a yearRenewal, October 2019: AED 140,000 a yearRenewal, October 2020: AED 120,000 a yearNew contract, November 2021: AED 145,000 a yearRenewal, November 2022: AED 145,000 a yearNew contract, July 2023: AED 205,000 a yearRenewal, July 2024: AED 205,000 a yearNew contract, November 2025: AED 265,000 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 1208 sits

All 63 2-beds →

1208 last sold in October 2024 at AED 2,901 per sqft, 4% above what two-beds in Shoreline - Basri were fetching at the time (AED 2,788). 1208's AED 265,000 is at the top 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
11 Sep 20243,150,000
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 →

1208, Shoreline - Basri in numbers

  • Sold twice: first on 5 May 2009 for AED 2,392,500, last on 22 October 2024 for AED 4,500,000 (AED 2,901 per sqft).
  • Rented since July 2013 on 13 Ejari contracts. The rent fell from AED 175,000 to AED 120,000 in 2020 and recovered to AED 265,000 by November 2025.
  • At AED 265,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 22,100 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 20 November 2025.

Questions about 1208, Shoreline - Basri

What did unit 1208 last sell for?

AED 4,500,000 on 22 October 2024: AED 2,901 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 2,392,500 in May 2009.

What is the rent for unit 1208?

AED 265,000 a year on the contract signed on 20 November 2025. The previous contract, from July 2024, was AED 205,000; the unit has been rented since July 2013.

How big is unit 1208?

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

What is unit 1208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 1208? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1208, Shoreline - Basri

Starts from the last sale price (AED 4.5M, 22 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus AED 194,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →