507, Shoreline - Basri
Sold prices and rental history: sold 4 times, last in November 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 507, Shoreline - Basri
What is 507 worth today?
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Source: Dubai Land Department. Updated 12 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,012 sqft
- Floor
- 5th of 11
- Parking
- 1B2-42
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 28,700 /yr
- Last sold
- AED 5.8M · November 2024
- Building
- Shoreline - Basri
About 507, Shoreline - Basri
507 is a two-bedroom 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 12 November 2024 for AED 5,800,000, or AED 2,882 per sqft, in line with the AED 2,882 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 27 February 2024, is AED 260,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 28,700 a year.
Sales and rents for 507 over time
507 has sold 4 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 507 sits
All 63 2-beds →507 last sold in November 2024 at AED 2,882 per sqft, in line with what two-beds in Shoreline - Basri were fetching at the time (AED 2,882). 507's AED 260,000 is in the upper half 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 | ||
| 22 Oct 202422 October 2024 | 1,551 sqft | 4,500,000 | 2,901 | ||
| 11 Sep 202411 September 2024 | 1,583 sqft | 3,150,000 | 1,990 |
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 | |
| 506 | 2,012 sqft | AED 3.6MAED 3,600,000 · Jan 2022January 2022 | 130,000 /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 |
507, Shoreline - Basri in numbers
- Sold 4 times: first on 23 April 2009 for AED 1,050,000, last on 12 November 2024 for AED 5,800,000 (AED 2,882 per sqft).
- Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 195,000 to AED 140,000 in 2021 and recovered to AED 260,000 by February 2024.
- At AED 260,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 28,700 a year (AED 14.26 per sqft).
Source: Dubai Land Department. Updated 12 November 2024.
Questions about 507, Shoreline - Basri
What did unit 507 last sell for?
AED 5,800,000 on 12 November 2024: AED 2,882 per sqft for 2,012 sqft. The unit has 4 registered sales; the first was AED 1,050,000 in April 2009.
What is the rent for unit 507?
AED 260,000 a year on the contract signed on 27 February 2024. The previous contract, from May 2023, was AED 260,000; the unit has been rented since January 2014.
How big is unit 507?
2,012 sqft (186.9 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2007.
What is unit 507 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 507, Shoreline - Basri
Starts from the last sale price (AED 5.8M, 12 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,800,000
- Deposit, UAE resident (20%)
- AED 1,160,000
- Deposit, non-resident (40%)
- AED 2,320,000
- Monthly over 25 years at 3.7%
- AED 23,730
Plus AED 248,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →