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3-bed · 2,159 sqftShoreline - Basri, Palm Jumeirah · 3rd floor · completed 2007

303, Shoreline - Basri

Sold prices and rental history: sold twice, last in February 2015, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 11 February 2015
Last soldAED 3.05M11 February 2015
Current rentAED 173K /yr13 December 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Shoreline - Basri

What is 303 worth today?

Last sold for AED 3,050,000 in 2015

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11 Feb 2015SoldReady
AED 3,050,000AED 1,412 per sqft
13 Dec 2013RentedNew contract
AED 172,700/yr12 months · AED 80 per sqft
13 Dec 2012RentedNew contract
AED 157,000/yr12 months · AED 73 per sqft
22 Apr 2009Sold by developerReady
AED 1,250,000AED 578 per sqft

Source: Dubai Land Department. Updated 11 February 2015.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
3rd of 11
Parking
B2-6,B2-7
Developer
Nakheel
Completed
2007
Service charge
AED 30,800 /yr
Last sold
AED 3.05M · February 2015
Building
Shoreline - Basri

About 303, Shoreline - Basri

303 is a three-bedroom apartment of 2,159 sqft on the 3rd floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 11 February 2015 for AED 3,050,000, or AED 1,412 per sqft, 18% below the AED 1,729 three-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 13 December 2013, is AED 172,700 a year: a gross yield of 5.7% on the 2015 price, before the service charge of about AED 30,800 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical three-bed in Shoreline - Basri
2M4M20092013201720212025Typical sale price by year: 2009 AED 1,250,000; 2010 AED 2,100,000; 2011 AED 1,275,000; 2012 AED 2,450,000; 2013 AED 2,802,500; 2014 AED 3,850,000; 2020 AED 2,020,000; 2021 AED 2,900,000; 2022 AED 2,900,000; 2024 AED 4,052,000Sold by developer, April 2009: AED 1,250,000 (AED 578 per sqft)Sold, February 2015: AED 3,050,000 (AED 1,412 per sqft)

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

Rents
Unit 303, each contractTypical three-bed in Shoreline - Basri
150K200K250K2012201620202024Typical rent by year: 2012 AED 183,500; 2013 AED 185,000; 2014 AED 200,000; 2015 AED 200,000; 2016 AED 190,000; 2017 AED 184,000; 2018 AED 180,000; 2019 AED 142,500; 2020 AED 130,000; 2021 AED 132,000; 2022 AED 159,500; 2023 AED 200,007; 2024 AED 240,000; 2025 AED 240,000New contract, December 2012: AED 157,000 a yearNew contract, December 2013: AED 172,700 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shoreline - Basri, and where 303 sits

All 45 3-beds →

303 last sold in February 2015 at AED 1,412 per sqft, 18% below what three-beds in Shoreline - Basri were fetching at the time (AED 1,729).

Recent 3-bed salesUnit no.Price (AED)Summary
24 Apr 20243,500,000
23 Apr 20244,300,000
12 Jan 20244,052,000
1 Nov 20234,575,000
0 3-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 3rd floor

All 130 units in Shoreline - Basri
Value
3012-bedAED 1M · May 2022
3023-bedAED 2.8M · Jun 2013
3041-bedAED 2.76M · Apr 2024
3052-bedAED 3M · Feb 2023
3062-bedAED 1.05M · Apr 2009
3072-bedAED 2.38M · Mar 2020
3082-bedAED 4.15M · Jul 2024
1–7 of 11

303, Shoreline - Basri in numbers

  • Sold twice: first on 22 April 2009 for AED 1,250,000, last on 11 February 2015 for AED 3,050,000 (AED 1,412 per sqft).
  • Rented since December 2012 on 2 Ejari contracts, from AED 157,000 to AED 172,700 a year.
  • At AED 172,700 a year the gross yield on the 2015 price is 5.7%, before a service charge of about AED 30,800 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 11 February 2015.

Questions about 303, Shoreline - Basri

What did unit 303 last sell for?

AED 3,050,000 on 11 February 2015: AED 1,412 per sqft for 2,159 sqft. The unit has 2 registered sales; the first was AED 1,250,000 in April 2009.

What is the rent for unit 303?

AED 172,700 a year on the contract signed on 13 December 2013. The previous contract, from December 2012, was AED 157,000.

How big is unit 303?

2,159 sqft (200.6 sqm): a three-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2007.

What is unit 303 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 303, Shoreline - Basri

Starts from the last sale price (AED 3.05M, 11 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

Plus AED 133,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →