501, Shoreline - Basri
Sold prices and rental history: sold 5 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Shoreline - Basri
What is 501 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 11 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,583 sqft
- Floor
- 5th of 11
- Parking
- 1B2-52
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 22,600 /yr
- Last sold
- AED 3.15M · September 2024
- Building
- Shoreline - Basri
About 501, Shoreline - Basri
501 is a two-bedroom apartment of 1,583 sqft on the 5th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 11 September 2024 for AED 3,150,000, or AED 1,990 per sqft, 26% below the AED 2,685 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 156,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 22,600 a year.
Sales and rents for 501 over time
501 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 501 sits
All 63 2-beds →501 last sold in September 2024 at AED 1,990 per sqft, 26% below what two-beds in Shoreline - Basri were fetching at the time (AED 2,685). 501's AED 156,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Jul 202531 July 2025 | 1,997 sqft | 6,300,000 | 3,155 | ||
| 23 Apr 202523 April 2025 | 1,994 sqft | 6,900,000 | 3,460 | ||
| 12 Nov 202412 November 2024 | 2,012 sqft | 5,800,000 | 2,882 | ||
| 22 Oct 202422 October 2024 | 1,551 sqft | 4,500,000 | 2,901 |
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 5th floor
All 130 units in Shoreline - Basri| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 3-bed | 2,213 sqft | AED 2.45MAED 2,450,000 · Feb 2012February 2012 | 180,000 /yr | |
| 503 | 3-bed | 2,159 sqft | AED 1.25MAED 1,250,000 · Apr 2009April 2009 | ||
| 504 | 1,145 sqft | AED 3.5MAED 3,500,000 · Aug 2025August 2025 | 240,000 /yr | ||
| 505 | 2-bed | 1,551 sqft | AED 2.9MAED 2,900,000 · May 2016May 2016 | 175,000 /yr | |
| 506 | 2,012 sqft | AED 3.6MAED 3,600,000 · Jan 2022January 2022 | 130,000 /yr | ||
| 507 | 2-bed | 2,012 sqft | AED 5.8MAED 5,800,000 · Nov 2024November 2024 | 260,000 /yr | |
| 508 | 2-bed | 1,551 sqft | AED 1.8MAED 1,800,000 · Mar 2020March 2020 | ||
| 509 | 1-bed | 1,145 sqft | AED 2.25MAED 2,250,000 · Mar 2023March 2023 | 135,000 /yr | |
| 510 | 3-bed | 2,159 sqft | AED 1.25MAED 1,250,000 · Apr 2009April 2009 | 185,000 /yr | |
| 512 | 2-bed | 1,583 sqft | AED 1.4MAED 1,400,000 · Nov 2010November 2010 | 163,000 /yr |
501, Shoreline - Basri in numbers
- Sold 5 times: first on 14 July 2009 for AED 800,000, last on 11 September 2024 for AED 3,150,000 (AED 1,990 per sqft).
- Rented since July 2014 on 8 Ejari contracts. The rent fell from AED 170,000 to AED 105,000 in 2020 and recovered to AED 156,000 by September 2023.
- At AED 156,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 22,600 a year (AED 14.26 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 11 September 2024.
Questions about 501, Shoreline - Basri
What did unit 501 last sell for?
AED 3,150,000 on 11 September 2024: AED 1,990 per sqft for 1,583 sqft. The unit has 5 registered sales; the first was AED 800,000 in July 2009.
What is the rent for unit 501?
AED 156,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 125,000; the unit has been rented since July 2014.
How big is unit 501?
1,583 sqft (147.1 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2007.
What is unit 501 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 501, Shoreline - Basri
Starts from the last sale price (AED 3.15M, 11 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,150,000
- Deposit, UAE resident (20%)
- AED 630,000
- Deposit, non-resident (40%)
- AED 1,260,000
- Monthly over 25 years at 3.7%
- AED 12,888
Plus AED 137,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →