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2-bed · 1,551 sqftShoreline - Basri, Palm Jumeirah · 5th floor · completed 2007

508, Shoreline - Basri

Sold prices and rental history: sold twice, last in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 10 March 2020
Last soldAED 1.8M10 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Shoreline - Basri

What is 508 worth today?

Last sold for AED 1,800,000 in 2020

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10 Mar 2020SoldReady
AED 1,800,000AED 1,160 per sqft
23 Apr 2009Sold by developerReady
AED 870,000AED 560 per sqft

Source: Dubai Land Department. Updated 10 March 2020.

Key facts

Type
2-bed apartment
Size
1,551 sqft
Floor
5th of 11
Parking
1B2-41
Developer
Nakheel
Completed
2007
Service charge
AED 22,100 /yr
Last sold
AED 1.8M · March 2020
Building
Shoreline - Basri

About 508, Shoreline - Basri

508 is a two-bedroom apartment of 1,551 sqft on the 5th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 10 March 2020 for AED 1,800,000, or AED 1,160 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, 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 870,000 (AED 560 per sqft)Sold, March 2020: AED 1,800,000 (AED 1,160 per sqft)

508 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 508, each contractTypical two-bed in Shoreline - Basri
150K200K2011201520192023Typical 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 178,700

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 508 sits

All 63 2-beds →
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 195K /yr
Typical yield
Shoreline - Basri, Palm Jumeirah: prices, sales and rents →

Other units on the 5th floor

All 130 units in Shoreline - Basri
Value
5012-bedAED 3.15M · Sep 2024
5023-bedAED 2.45M · Feb 2012
5033-bedAED 1.25M · Apr 2009
504AED 3.5M · Aug 2025
5052-bedAED 2.9M · May 2016
506AED 3.6M · Jan 2022
5072-bedAED 5.8M · Nov 2024
1–7 of 10

508, Shoreline - Basri in numbers

  • Sold twice: first on 23 April 2009 for AED 870,000, last on 10 March 2020 for AED 1,800,000 (AED 1,160 per sqft).

Source: Dubai Land Department. Updated 10 March 2020.

Questions about 508, Shoreline - Basri

What did unit 508 last sell for?

AED 1,800,000 on 10 March 2020: AED 1,160 per sqft for 1,551 sqft. The unit has 2 registered sales; the first was AED 870,000 in April 2009.

How big is unit 508?

1,551 sqft (144.1 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2007.

What is unit 508 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 508, Shoreline - Basri

Starts from the last sale price (AED 1.8M, 10 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →