2-bed · 1,586 sqftShoreline - Basri, Palm Jumeirah · 4th floor · completed 2007

412, Shoreline - Basri

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 24 October 2024
Last soldAED 2.2M19 July 2022
Current rentAED 210K /yr24 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Shoreline - Basri

What is 412 worth today?

Last sold for AED 2,200,000 in 2022

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24 Oct 2024RentedRenewal
AED 210,000/yr12 months · AED 133 per sqft
24 Oct 2023RentedNew contract
AED 210,000/yr12 months · AED 133 per sqft
19 Jul 2022SoldReady
AED 2,200,000AED 1,387 per sqft
20 Mar 2021RentedNew contract
AED 75,000/yr12 months · AED 47 per sqft
19 Sep 2019RentedRenewal
AED 100,000/yr12 months · AED 63 per sqft
19 Sep 2018RentedRenewal
AED 115,000/yr12 months · AED 73 per sqft
19 Sep 2017RentedNew contract
AED 125,000/yr12 months · AED 79 per sqft
10 May 2015RentedNew contract
AED 159,116/yr6 months · AED 101 per sqft

Source: Dubai Land Department. Updated 24 October 2024.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
4th of 11
Parking
B2-55
Developer
Nakheel
Completed
2007
Service charge
AED 22,600 /yr
Last sold
AED 2.2M · July 2022

About 412, Shoreline - Basri

412 is a two-bedroom apartment of 1,586 sqft on the 4th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 19 July 2022 for AED 2,200,000, or AED 1,387 per sqft, in line with the AED 1,387 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 24 October 2024, is AED 210,000 a year: a gross yield of 9.6% on the 2022 price, before the service charge of about AED 22,600 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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 800,000 (AED 504 per sqft)Sold, October 2012: AED 1,650,000 (AED 1,040 per sqft)Sold, July 2022: AED 2,200,000 (AED 1,387 per sqft)

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

Rents
Unit 412, 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, December 2012: AED 140,000 a yearNew contract, December 2013: AED 159,144 a yearNew contract, May 2015: AED 159,116 a yearNew contract, September 2017: AED 125,000 a yearRenewal, September 2018: AED 115,000 a yearRenewal, September 2019: AED 100,000 a yearNew contract, March 2021: AED 75,000 a yearNew contract, October 2023: AED 210,000 a yearRenewal, October 2024: AED 210,000 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 412 sits

All 63 2-beds →

412 last sold in July 2022 at AED 1,387 per sqft, in line with what two-beds in Shoreline - Basri were fetching at the time (AED 1,387). 412's AED 210,000 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 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
4072-bedAED 6.3M · Jul 2025
1–7 of 11

412, Shoreline - Basri in numbers

  • Sold 3 times: first on 23 April 2009 for AED 800,000, last on 19 July 2022 for AED 2,200,000 (AED 1,387 per sqft).
  • Rented since December 2012 on 9 Ejari contracts. The rent fell from AED 140,000 to AED 75,000 in 2021 and recovered to AED 210,000 by October 2024.
  • At AED 210,000 a year the gross yield on the 2022 price is 9.6%, before a service charge of about AED 22,600 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 24 October 2024.

Questions about 412, Shoreline - Basri

What did unit 412 last sell for?

AED 2,200,000 on 19 July 2022: AED 1,387 per sqft for 1,586 sqft. The unit has 3 registered sales; the first was AED 800,000 in April 2009.

What is the rent for unit 412?

AED 210,000 a year on the contract renewed on 24 October 2024. The previous contract, from October 2023, was AED 210,000; the unit has been rented since December 2012.

How big is unit 412?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2007.

What is unit 412 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 412, Shoreline - Basri

Starts from the last sale price (AED 2.2M, 19 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →