2-bed · 1,586 sqftShoreline - Basri, Palm Jumeirah · 2nd floor · completed 2007

212, Shoreline - Basri

Sold prices and rental history: sold once, by the developer in November 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 400K13 November 2011
Current rentAED 187K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Shoreline - Basri

What is 212 worth today?

Last sold for AED 400,000 in 2011

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1 Feb 2025RentedRenewal
AED 187,000/yr12 months · AED 118 per sqft
1 Feb 2024RentedRenewal
AED 170,000/yr12 months · AED 107 per sqft
1 Feb 2023RentedNew contract
AED 170,000/yr12 months · AED 107 per sqft
3 Dec 2021RentedRenewal
AED 90,000/yr12 months · AED 57 per sqft
3 Dec 2020RentedNew contract
AED 83,000/yr12 months · AED 52 per sqft
25 Apr 2020RentedRenewal
AED 125,000/yr12 months · AED 79 per sqft
25 Apr 2019RentedRenewal
AED 125,000/yr12 months · AED 79 per sqft
26 Mar 2017RentedRenewal
AED 164,558/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
2nd of 11
Parking
B2-10
Developer
Nakheel
Completed
2007
Service charge
AED 22,600 /yr
Last sold
AED 400K · November 2011

About 212, Shoreline - Basri

212 is a two-bedroom apartment of 1,586 sqft on the 2nd floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 13 November 2011 for AED 400,000, or AED 252 per sqft, 83% below the AED 1,502 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 187,000 a year: a gross yield of 46.8% on the 2011 price, before the service charge of about AED 22,600 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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 4,500,000

No registered sale of 212; the dashed line is the two-bed median of each year in the building.

Rents
Unit 212, 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, December 2012: AED 130,000 a yearNew contract, January 2014: AED 150,000 a yearNew contract, March 2015: AED 150,000 a yearRenewal, March 2016: AED 150,000 a yearRenewal, March 2017: AED 164,558 a yearRenewal, April 2019: AED 125,000 a yearRenewal, April 2020: AED 125,000 a yearNew contract, December 2020: AED 83,000 a yearRenewal, December 2021: AED 90,000 a yearNew contract, February 2023: AED 170,000 a yearRenewal, February 2024: AED 170,000 a yearRenewal, February 2025: AED 187,000 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 212 sits

All 63 2-beds →

212 last sold in November 2011 at AED 252 per sqft, 83% below what two-beds in Shoreline - Basri were fetching at the time (AED 1,502). 212's AED 187,000 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
2062-bedAED 3.95M · Oct 2022
2072-bedAED 1.05M · Apr 2009
1–7 of 11

212, Shoreline - Basri in numbers

  • Sold once: by Nakheel on 13 November 2011 for AED 400,000, or AED 252 per sqft.
  • Rented since December 2012 on 12 Ejari contracts. The rent fell from AED 130,000 to AED 83,000 in 2020 and recovered to AED 187,000 by February 2025.
  • At AED 187,000 a year the gross yield on the 2011 price is 46.8%, before a service charge of about AED 22,600 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 1 February 2025.

Questions about 212, Shoreline - Basri

What did unit 212 last sell for?

AED 400,000 on 13 November 2011, sold by the developer: AED 252 per sqft for 1,586 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 187,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 170,000; the unit has been rented since December 2012.

How big is unit 212?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2007.

What is unit 212 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 212, Shoreline - Basri

Starts from the last sale price (AED 400K, 13 November 2011). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →