2-bed · 1,997 sqftShoreline - Basri, Palm Jumeirah · 3rd floor · completed 2007

306, Shoreline - Basri

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 9 May 2025
Last soldAED 1.05M22 April 2009
Current rentAED 176K /yr9 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Shoreline - Basri

What is 306 worth today?

Last sold for AED 1,050,000 in 2009

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9 May 2025RentedRenewal
AED 176,400/yr12 months · AED 88 per sqft
9 May 2024RentedRenewal
AED 168,000/yr12 months · AED 84 per sqft
9 May 2023RentedRenewal
AED 160,000/yr12 months · AED 80 per sqft
9 May 2021RentedNew contract
AED 160,000/yr12 months · AED 80 per sqft
3 Oct 2020RentedNew contract
AED 155,000/yr12 months · AED 77 per sqft
30 Sep 2019RentedNew contract
AED 160,000/yr12 months · AED 80 per sqft
30 Sep 2018RentedNew contract
AED 160,000/yr12 months · AED 80 per sqft
15 Feb 2017RentedRenewal
AED 180,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 9 May 2025.

Key facts

Type
2-bed apartment
Size
1,997 sqft
Floor
3rd of 11
Parking
B2-4
Developer
Nakheel
Completed
2007
Service charge
AED 28,500 /yr
Last sold
AED 1.05M · April 2009

About 306, Shoreline - Basri

306 is a two-bedroom apartment of 1,997 sqft on the 3rd floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 22 April 2009 for AED 1,050,000, or AED 525 per sqft, 6% below the AED 560 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 9 May 2025, is AED 176,400 a year: a gross yield of 16.8% on the 2009 price, before the service charge of about AED 28,500 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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)

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

Rents
Unit 306, 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, February 2013: AED 170,000 a yearNew contract, February 2014: AED 175,000 a yearNew contract, February 2015: AED 180,000 a yearRenewal, February 2016: AED 180,000 a yearRenewal, February 2017: AED 180,000 a yearNew contract, September 2018: AED 160,000 a yearNew contract, September 2019: AED 160,000 a yearNew contract, October 2020: AED 155,000 a yearNew contract, May 2021: AED 160,000 a yearRenewal, May 2023: AED 160,000 a yearRenewal, May 2024: AED 168,000 a yearRenewal, May 2025: AED 176,400 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 306 sits

All 63 2-beds →

306 last sold in April 2009 at AED 525 per sqft, 6% below what two-beds in Shoreline - Basri were fetching at the time (AED 560). 306's AED 176,400 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 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
3052-bedAED 3M · Feb 2023
3072-bedAED 2.38M · Mar 2020
3082-bedAED 4.15M · Jul 2024
1–7 of 11

306, Shoreline - Basri in numbers

  • Sold once: by Nakheel on 22 April 2009 for AED 1,050,000, or AED 525 per sqft.
  • Rented since February 2013 on 12 Ejari contracts, from AED 170,000 to AED 176,400 a year.
  • At AED 176,400 a year the gross yield on the 2009 price is 16.8%, before a service charge of about AED 28,500 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 9 May 2025.

Questions about 306, Shoreline - Basri

What did unit 306 last sell for?

AED 1,050,000 on 22 April 2009, sold by the developer: AED 525 per sqft for 1,997 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 176,400 a year on the contract renewed on 9 May 2025. The previous contract, from May 2024, was AED 168,000; the unit has been rented since February 2013.

How big is unit 306?

1,997 sqft (185.5 sqm): a two-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2007.

What is unit 306 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 306, Shoreline - Basri

Starts from the last sale price (AED 1.05M, 22 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →