506, Shoreline - Basri
Sold prices and rental history: sold 3 times, last in January 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Shoreline - Basri
What is 506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 4 January 2022.
Key facts
- Type
- Apartment
- Size
- 2,012 sqft
- Floor
- 5th of 11
- Parking
- 1B2-43
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 28,700 /yr
- Last sold
- AED 3.6M · January 2022
- Building
- Shoreline - Basri
About 506, Shoreline - Basri
506 is an apartment of 2,012 sqft on the 5th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 4 January 2022 for AED 3,600,000, or AED 1,789 per sqft.
It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 1 July 2020, is AED 130,000 a year: a gross yield of 3.6% on the 2022 price, before the service charge of about AED 28,700 a year.
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 | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,583 sqft | AED 3.15MAED 3,150,000 · Sep 2024September 2024 | 156,000 /yr | |
| 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 | |
| 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 |
506, Shoreline - Basri in numbers
- Sold 3 times: first on 23 April 2009 for AED 1,050,000, last on 4 January 2022 for AED 3,600,000 (AED 1,789 per sqft).
- Rented since December 2012 on 6 Ejari contracts, from AED 200,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2022 price is 3.6%, before a service charge of about AED 28,700 a year (AED 14.26 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 4 January 2022.
Questions about 506, Shoreline - Basri
What did unit 506 last sell for?
AED 3,600,000 on 4 January 2022: AED 1,789 per sqft for 2,012 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in April 2009.
What is the rent for unit 506?
AED 130,000 a year on the contract signed on 1 July 2020. The previous contract, from May 2019, was AED 180,000; the unit has been rented since December 2012.
How big is unit 506?
2,012 sqft (186.9 sqm): an apartment on the 5th floor of a 11-storey tower completed in 2007.
What is unit 506 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 506, Shoreline - Basri
Starts from the last sale price (AED 3.6M, 4 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,600,000
- Deposit, UAE resident (20%)
- AED 720,000
- Deposit, non-resident (40%)
- AED 1,440,000
- Monthly over 25 years at 3.7%
- AED 14,729
Plus AED 156,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →