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2-bed · 1,551 sqftShoreline - Basri, Palm Jumeirah · 3rd floor · completed 2007

305, Shoreline - Basri

Sold prices and rental history: sold 4 times, last in February 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 3M1 February 2023
Current rentAED 140K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Shoreline - Basri

What is 305 worth today?

Last sold for AED 3,000,000 in 2023

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1 Feb 2023SoldReady
AED 3,000,000AED 1,934 per sqft
15 Jan 2022RentedRenewal
AED 140,000/yr12 months · AED 90 per sqft
15 Jan 2020RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
15 Jan 2019RentedNew contract
AED 140,000/yr12 months · AED 90 per sqft
15 Oct 2018SoldReady
AED 1,700,000AED 1,096 per sqft
11 Mar 2012SoldReady
AED 1,580,000AED 1,018 per sqft
22 Apr 2009Sold by developerReady
AED 870,000AED 560 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
3rd of 11
Parking
1B2-5
Developer
Nakheel
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 3M · February 2023
Building
Shoreline - Basri

About 305, Shoreline - Basri

305 is a two-bedroom apartment of 1,551 sqft on the 3rd floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 1 February 2023 for AED 3,000,000, or AED 1,934 per sqft, 15% above the AED 1,678 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 15 January 2022, is AED 140,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 22,100 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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 870,000 (AED 560 per sqft)Sold, March 2012: AED 1,580,000 (AED 1,018 per sqft)Sold, October 2018: AED 1,700,000 (AED 1,096 per sqft)Sold, February 2023: AED 3,000,000 (AED 1,934 per sqft)

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

Rents
Unit 305, 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, January 2019: AED 140,000 a yearRenewal, January 2020: AED 130,000 a yearRenewal, January 2022: AED 140,000 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 305 sits

All 63 2-beds →

305 last sold in February 2023 at AED 1,934 per sqft, 15% above what two-beds in Shoreline - Basri were fetching at the time (AED 1,678). 305's AED 140,000 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 3rd floor

All 130 units in Shoreline - Basri
Value
3012-bedAED 1M · May 2022
3023-bedAED 2.8M · Jun 2013
3033-bedAED 3.05M · Feb 2015
3041-bedAED 2.76M · Apr 2024
3062-bedAED 1.05M · Apr 2009
3072-bedAED 2.38M · Mar 2020
3082-bedAED 4.15M · Jul 2024
1–7 of 11

305, Shoreline - Basri in numbers

  • Sold 4 times: first on 22 April 2009 for AED 870,000, last on 1 February 2023 for AED 3,000,000 (AED 1,934 per sqft).
  • Rented since January 2019 on 3 Ejari contracts, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 22,100 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 1 February 2023.

Questions about 305, Shoreline - Basri

What did unit 305 last sell for?

AED 3,000,000 on 1 February 2023: AED 1,934 per sqft for 1,551 sqft. The unit has 4 registered sales; the first was AED 870,000 in April 2009.

What is the rent for unit 305?

AED 140,000 a year on the contract renewed on 15 January 2022. The previous contract, from January 2020, was AED 130,000; the unit has been rented since January 2019.

How big is unit 305?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2007.

What is unit 305 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 305, Shoreline - Basri

Starts from the last sale price (AED 3M, 1 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →