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2-bed · 1,583 sqftShoreline - Basri, Palm Jumeirah · 5th floor · completed 2007

512, Shoreline - Basri

Sold prices and rental history: sold twice, last in November 2010, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 22 November 2014
Last soldAED 1.4M29 November 2010
Current rentAED 163K /yr22 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Shoreline - Basri

What is 512 worth today?

Last sold for AED 1,400,000 in 2010

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22 Nov 2014RentedNew contract
AED 163,000/yr12 months · AED 103 per sqft
22 Nov 2013RentedNew contract
AED 155,000/yr12 months · AED 98 per sqft
29 Nov 2010SoldReady
AED 1,400,000AED 884 per sqft
23 Apr 2009Sold by developerReady
AED 800,000AED 505 per sqft

Source: Dubai Land Department. Updated 22 November 2014.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
5th of 11
Parking
B2-15
Developer
Nakheel
Completed
2007
Service charge
AED 22,600 /yr
Last sold
AED 1.4M · November 2010
Building
Shoreline - Basri

About 512, Shoreline - Basri

512 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 29 November 2010 for AED 1,400,000, or AED 884 per sqft, 3% above the AED 857 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 22 November 2014, is AED 163,000 a year: a gross yield of 11.6% on the 2010 price, before the service charge of about AED 22,600 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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 505 per sqft)Sold, November 2010: AED 1,400,000 (AED 884 per sqft)

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

Rents
Unit 512, 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 178,700New contract, November 2013: AED 155,000 a yearNew contract, November 2014: AED 163,000 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 512 sits

All 63 2-beds →

512 last sold in November 2010 at AED 884 per sqft, 3% above what two-beds in Shoreline - Basri were fetching at the time (AED 857). 512's AED 163,000 is at the bottom 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 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

512, Shoreline - Basri in numbers

  • Sold twice: first on 23 April 2009 for AED 800,000, last on 29 November 2010 for AED 1,400,000 (AED 884 per sqft).
  • Rented since November 2013 on 2 Ejari contracts, from AED 155,000 to AED 163,000 a year.
  • At AED 163,000 a year the gross yield on the 2010 price is 11.6%, before a service charge of about AED 22,600 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 22 November 2014.

Questions about 512, Shoreline - Basri

What did unit 512 last sell for?

AED 1,400,000 on 29 November 2010: AED 884 per sqft for 1,583 sqft. The unit has 2 registered sales; the first was AED 800,000 in April 2009.

What is the rent for unit 512?

AED 163,000 a year on the contract signed on 22 November 2014. The previous contract, from November 2013, was AED 155,000.

How big is unit 512?

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 512 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 512, Shoreline - Basri

Starts from the last sale price (AED 1.4M, 29 November 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →