2-bed · 1,997 sqftShoreline - Basri, Palm Jumeirah · 2nd floor · completed 2007

206, Shoreline - Basri

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 7 October 2022
Last soldAED 3.95M7 October 2022
Current rentAED 204K /yr11 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Shoreline - Basri

What is 206 worth today?

Last sold for AED 3,950,000 in 2022

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7 Oct 2022SoldReady
AED 3,950,000AED 1,978 per sqft
11 Oct 2020RentedNew contract
AED 204,000/yr12 months · AED 102 per sqft
15 Feb 2020RentedNew contract
AED 228,000/yr12 months · AED 114 per sqft
4 Mar 2019RentedNew contract
AED 220,000/yr12 months · AED 110 per sqft
11 Dec 2016RentedNew contract
AED 180,000/yr6 months · AED 90 per sqft
28 Sep 2014RentedNew contract
AED 200,000/yr12 months · AED 100 per sqft
28 Sep 2013RentedNew contract
AED 200,000/yr12 months · AED 100 per sqft
22 Apr 2009Sold by developerReady
AED 1,050,000AED 525 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2022.

Key facts

Type
2-bed apartment
Size
1,997 sqft
Floor
2nd of 11
Parking
1B2-18
Developer
Nakheel
Completed
2007
Service charge
AED 28,500 /yr
Last sold
AED 3.95M · October 2022

About 206, Shoreline - Basri

206 is a two-bedroom apartment of 1,997 sqft on the 2nd floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 7 October 2022 for AED 3,950,000, or AED 1,978 per sqft, 18% above the AED 1,683 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 11 October 2020, is AED 204,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 28,500 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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 1,050,000 (AED 525 per sqft)Sold, October 2022: AED 3,950,000 (AED 1,978 per sqft)

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

Rents
Unit 206, 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, September 2013: AED 200,000 a yearNew contract, September 2014: AED 200,000 a yearNew contract, December 2016: AED 180,000 a yearNew contract, March 2019: AED 220,000 a yearNew contract, February 2020: AED 228,000 a yearNew contract, October 2020: AED 204,000 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 206 sits

All 63 2-beds →

206 last sold in October 2022 at AED 1,978 per sqft, 18% above what two-beds in Shoreline - Basri were fetching at the time (AED 1,683). 206's AED 204,000 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 2nd floor

All 130 units in Shoreline - Basri
Value
2012-bedAED 1.38M · Jul 2020
202AED 3.35M · Aug 2023
2033-bedAED 2.47M · Apr 2022
2041-bedAED 2.5M · Sep 2023
205AED 5.8M · Aug 2025
2072-bedAED 1.05M · Apr 2009
2082-bedAED 4.5M · Apr 2009
1–7 of 11

206, Shoreline - Basri in numbers

  • Sold twice: first on 22 April 2009 for AED 1,050,000, last on 7 October 2022 for AED 3,950,000 (AED 1,978 per sqft).
  • Rented since September 2013 on 6 Ejari contracts, from AED 200,000 to AED 204,000 a year.
  • At AED 204,000 a year the gross yield on the 2022 price is 5.2%, before a service charge of about AED 28,500 a year (AED 14.26 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2022.

Questions about 206, Shoreline - Basri

What did unit 206 last sell for?

AED 3,950,000 on 7 October 2022: AED 1,978 per sqft for 1,997 sqft. The unit has 2 registered sales; the first was AED 1,050,000 in April 2009.

What is the rent for unit 206?

AED 204,000 a year on the contract signed on 11 October 2020. The previous contract, from February 2020, was AED 228,000; the unit has been rented since September 2013.

How big is unit 206?

1,997 sqft (185.5 sqm): a two-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2007.

What is unit 206 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 206, Shoreline - Basri

Starts from the last sale price (AED 3.95M, 7 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,950,000
Deposit, UAE resident (20%)
AED 790,000
Deposit, non-resident (40%)
AED 1,580,000
Monthly over 25 years at 3.7%
AED 16,161

Plus AED 170,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →