309, Shoreline - Basri
Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Shoreline - Basri
What is 309 worth today?
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Source: Dubai Land Department. Updated 8 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,145 sqft
- Floor
- 3rd of 11
- Parking
- 1B2-72
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 16,300 /yr
- Last sold
- AED 1.9M · November 2022
- Building
- Shoreline - Basri
About 309, Shoreline - Basri
309 is a one-bedroom apartment of 1,145 sqft on the 3rd floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 14 November 2022 for AED 1,900,000, or AED 1,659 per sqft, in line with the AED 1,627 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 8 May 2024, is AED 145,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 16,300 a year.
Sales and rents for 309 over time
309 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Shoreline - Basri, and where 309 sits
All 24 1-beds →309 last sold in November 2022 at AED 1,659 per sqft, in line with what one-beds in Shoreline - Basri were fetching at the time (AED 1,627).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Oct 202417 October 2024 | 1,145 sqft | 2,618,500 | 2,287 | ||
| 29 Apr 202429 April 2024 | 1,145 sqft | 2,760,000 | 2,411 | ||
| 27 Sep 202327 September 2023 | 1,145 sqft | 2,500,000 | 2,184 | ||
| 2 Mar 20232 March 2023 | 1,145 sqft | 2,250,000 | 1,965 |
Shoreline - Basri
Building130 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
Other units on the 3rd floor
All 130 units in Shoreline - Basri| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 793 sqft | AED 1MAED 1,000,000 · May 2022May 2022 | 195,000 /yr | |
| 302 | 3-bed | 2,213 sqft | AED 2.8MAED 2,800,000 · Jun 2013June 2013 | ||
| 303 | 3-bed | 2,159 sqft | AED 3.05MAED 3,050,000 · Feb 2015February 2015 | 172,700 /yr | |
| 304 | 1-bed | 1,145 sqft | AED 2.76MAED 2,760,000 · Apr 2024April 2024 | 170,000 /yr | |
| 305 | 2-bed | 1,551 sqft | AED 3MAED 3,000,000 · Feb 2023February 2023 | 140,000 /yr | |
| 306 | 2-bed | 1,997 sqft | AED 1.05MAED 1,050,000 · Apr 2009April 2009 | 176,400 /yr | |
| 307 | 2-bed | 1,997 sqft | AED 2.38MAED 2,377,400 · Mar 2020March 2020 | 180,000 /yr | |
| 308 | 2-bed | 1,551 sqft | AED 4.15MAED 4,150,000 · Jul 2024July 2024 | 150,000 /yr | |
| 310 | 3-bed | 2,159 sqft | AED 1.25MAED 1,250,000 · Apr 2009April 2009 | 225,000 /yr | |
| 311 | 3-bed | 2,213 sqft | AED 2.85MAED 2,850,000 · May 2017May 2017 | 145,000 /yr | |
| 312 | 2-bed | 1,586 sqft | AED 1.52MAED 1,520,000 · Apr 2012April 2012 |
309, Shoreline - Basri in numbers
- Sold twice: first on 1 February 2012 for AED 3,217,500, last on 14 November 2022 for AED 1,900,000 (AED 1,659 per sqft).
- Rented since December 2015 on 7 Ejari contracts. The rent fell from AED 125,000 to AED 82,000 in 2021 and recovered to AED 145,000 by May 2024.
- At AED 145,000 a year the gross yield on the 2022 price is 7.6%, before a service charge of about AED 16,300 a year (AED 14.26 per sqft).
Source: Dubai Land Department. Updated 8 May 2024.
Questions about 309, Shoreline - Basri
What did unit 309 last sell for?
AED 1,900,000 on 14 November 2022: AED 1,659 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 3,217,500 in February 2012.
What is the rent for unit 309?
AED 145,000 a year on the contract renewed on 8 May 2024. The previous contract, from May 2022, was AED 86,000; the unit has been rented since December 2015.
How big is unit 309?
1,145 sqft (106.4 sqm): a one-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2007.
What is unit 309 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 309, Shoreline - Basri
Starts from the last sale price (AED 1.9M, 14 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →