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

310, 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 310 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 1.25M29 April 2009
Current rentAED 225K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 310, Shoreline - Basri

What is 310 worth today?

Last sold for AED 1,250,000 in 2009

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20 Nov 2023RentedNew contract
AED 225,000/yr12 months · AED 104 per sqft
1 Oct 2022RentedNew contract
AED 190,000/yr12 months · AED 88 per sqft
1 Jul 2020RentedRenewal
AED 120,000/yr12 months · AED 55 per sqft
1 Jul 2019RentedRenewal
AED 150,000/yr12 months · AED 69 per sqft
1 Jul 2018RentedRenewal
AED 190,000/yr12 months · AED 88 per sqft
1 Jul 2017RentedNew contract
AED 190,000/yr12 months · AED 88 per sqft
21 Jun 2016RentedRenewal
AED 190,000/yr12 months · AED 88 per sqft
21 Jun 2015RentedNew contract
AED 190,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
3-bed apartment
Size
2,159 sqft
Floor
3rd of 11
Parking
B2-69,B2-70
Developer
Nakheel
Completed
2007
Service charge
AED 30,800 /yr
Last sold
AED 1.25M · April 2009

About 310, Shoreline - Basri

310 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. The developer sold it on 29 April 2009 for AED 1,250,000, or AED 578 per sqft, in line with the AED 578 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 20 November 2023, is AED 225,000 a year: a gross yield of 18.0% on the 2009 price, before the service charge of about AED 30,800 a year.

Sales and rents for 310 over time

Sales
Unit 310, 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)

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

Rents
Unit 310, each contractTypical three-bed in Shoreline - Basri
100K200K2012201620202024Typical 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, May 2013: AED 85,000 a yearNew contract, June 2014: AED 200,000 a yearNew contract, June 2015: AED 190,000 a yearRenewal, June 2016: AED 190,000 a yearNew contract, July 2017: AED 190,000 a yearRenewal, July 2018: AED 190,000 a yearRenewal, July 2019: AED 150,000 a yearRenewal, July 2020: AED 120,000 a yearNew contract, October 2022: AED 190,000 a yearNew contract, November 2023: AED 225,000 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 310 sits

All 45 3-beds →

310 last sold in April 2009 at AED 578 per sqft, in line with what three-beds in Shoreline - Basri were fetching at the time (AED 578).

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
3033-bedAED 3.05M · Feb 2015
3041-bedAED 2.76M · Apr 2024
3052-bedAED 3M · Feb 2023
3062-bedAED 1.05M · Apr 2009
3072-bedAED 2.38M · Mar 2020
1–7 of 11

310, Shoreline - Basri in numbers

  • Sold once: by Nakheel on 29 April 2009 for AED 1,250,000, or AED 578 per sqft.
  • Rented since May 2013 on 10 Ejari contracts, from AED 85,000 to AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2009 price is 18.0%, before a service charge of about AED 30,800 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 20 November 2023.

Questions about 310, Shoreline - Basri

What did unit 310 last sell for?

AED 1,250,000 on 29 April 2009, sold by the developer: AED 578 per sqft for 2,159 sqft. It is the only registered sale of the unit.

What is the rent for unit 310?

AED 225,000 a year on the contract signed on 20 November 2023. The previous contract, from October 2022, was AED 190,000; the unit has been rented since May 2013.

How big is unit 310?

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 310 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 310, Shoreline - Basri

Starts from the last sale price (AED 1.25M, 29 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →