2-bed · 1,997 sqftShoreline - Basri, Palm Jumeirah · 4th floor · completed 2007

407, Shoreline - Basri

Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 31 July 2025
Last soldAED 6.3M31 July 2025
Current rentAED 240K /yr25 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Shoreline - Basri

What is 407 worth today?

Last sold for AED 6,300,000 in 2025

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31 Jul 2025SoldReady
AED 6,300,000AED 3,155 per sqft
25 Jan 2024RentedRenewal
AED 240,000/yr12 months · AED 120 per sqft
25 Jan 2023RentedNew contract
AED 240,000/yr12 months · AED 120 per sqft
1 Sep 2022RentedRenewal
AED 165,000/yr4 months · AED 83 per sqft
13 Aug 2020RentedRenewal
AED 155,000/yr12 months · AED 78 per sqft
13 Aug 2019RentedRenewal
AED 175,000/yr12 months · AED 88 per sqft
13 Aug 2018RentedNew contract
AED 175,000/yr12 months · AED 88 per sqft
10 Jul 2017RentedRenewal
AED 200,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 31 July 2025.

Key facts

Type
2-bed apartment
Size
1,997 sqft
Floor
4th of 11
Parking
1B2-58
Developer
Nakheel
Completed
2007
Service charge
AED 28,500 /yr
Last sold
AED 6.3M · July 2025

About 407, Shoreline - Basri

407 is a two-bedroom apartment of 1,997 sqft on the 4th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 31 July 2025 for AED 6,300,000, or AED 3,155 per sqft, 9% above the AED 2,901 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 25 January 2024, is AED 240,000 a year: a gross yield of 3.8% on the 2025 price, before the service charge of about AED 28,500 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Shoreline - Basri
2.5M5M2009201420192024Typical 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)Sold, April 2015: AED 3,400,000 (AED 1,702 per sqft)Sold, July 2025: AED 6,300,000 (AED 3,155 per sqft)

407 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 407, each contractTypical two-bed in Shoreline - Basri
100K200K2011201520192023Typical 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, October 2013: AED 72,000 a yearNew contract, December 2014: AED 96,124 a yearNew contract, July 2016: AED 200,000 a yearRenewal, July 2017: AED 200,000 a yearNew contract, August 2018: AED 175,000 a yearRenewal, August 2019: AED 175,000 a yearRenewal, August 2020: AED 155,000 a yearRenewal, September 2022: AED 165,000 a yearNew contract, January 2023: AED 240,000 a yearRenewal, January 2024: AED 240,000 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 407 sits

All 63 2-beds →

407 last sold in July 2025 at AED 3,155 per sqft, 9% above what two-beds in Shoreline - Basri were fetching at the time (AED 2,901). 407's AED 240,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Apr 20256,900,000
12 Nov 20245,800,000
22 Oct 20244,500,000
11 Sep 20243,150,000
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 4th floor

All 130 units in Shoreline - Basri
Value
4012-bedAED 1.3M · Jun 2014
4023-bedAED 1.15M · Feb 2011
4033-bedAED 4.05M · Jan 2024
4041-bedAED 1.6M · Aug 2013
4052-bedAED 1.9M · Sep 2020
4062-bedAED 5.9M · Jul 2024
4082-bedAED 870K · Sep 2016
1–7 of 11

407, Shoreline - Basri in numbers

  • Sold 3 times: first on 22 April 2009 for AED 1,050,000, last on 31 July 2025 for AED 6,300,000 (AED 3,155 per sqft).
  • Rented since October 2013 on 10 Ejari contracts, from AED 72,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2025 price is 3.8%, before a service charge of about AED 28,500 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 31 July 2025.

Questions about 407, Shoreline - Basri

What did unit 407 last sell for?

AED 6,300,000 on 31 July 2025: AED 3,155 per sqft for 1,997 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in April 2009.

What is the rent for unit 407?

AED 240,000 a year on the contract renewed on 25 January 2024. The previous contract, from January 2023, was AED 240,000; the unit has been rented since October 2013.

How big is unit 407?

1,997 sqft (185.5 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2007.

What is unit 407 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 407, Shoreline - Basri

Starts from the last sale price (AED 6.3M, 31 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 6,300,000
Deposit, UAE resident (20%)
AED 1,260,000
Deposit, non-resident (40%)
AED 2,520,000
Monthly over 25 years at 3.7%
AED 25,775

Plus AED 269,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →