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3-bed · 2,213 sqftShoreline - Basri, Palm Jumeirah · 6th floor · completed 2007

602, Shoreline - Basri

Sold prices and rental history: sold twice, last in October 2021, and rented once, from June 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 12 October 2021
Last soldAED 2.85M12 October 2021
Current rentAED 215K /yr20 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 602, Shoreline - Basri

What is 602 worth today?

Last sold for AED 2,850,000 in 2021

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12 Oct 2021SoldReady
AED 2,850,000AED 1,288 per sqft
20 Jun 2019RentedNew contract
AED 215,000/yr12 months · AED 97 per sqft
23 Apr 2009Sold by developerReady
AED 4,300,000AED 1,943 per sqft

Source: Dubai Land Department. Updated 12 October 2021.

Key facts

Type
3-bed apartment
Size
2,213 sqft
Floor
6th of 11
Parking
B2-99,B2-100
Developer
Nakheel
Completed
2007
Service charge
AED 31,600 /yr
Last sold
AED 2.85M · October 2021
Building
Shoreline - Basri

About 602, Shoreline - Basri

602 is a three-bedroom apartment of 2,213 sqft on the 6th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 12 October 2021 for AED 2,850,000, or AED 1,288 per sqft.

One Ejari contract is registered, from 20 June 2019. The current contract, signed on 20 June 2019, is AED 215,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 31,600 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical three-bed in Shoreline - Basri
2M4M20092013201720212025Typical sale price by year: 2009 AED 1,250,000; 2010 AED 2,100,000; 2011 AED 1,275,000; 2012 AED 2,450,000; 2013 AED 2,802,500; 2014 AED 3,850,000; 2020 AED 2,020,000; 2021 AED 2,900,000; 2022 AED 2,900,000; 2024 AED 4,052,000Sold by developer, April 2009: AED 4,300,000 (AED 1,943 per sqft)Sold, October 2021: AED 2,850,000 (AED 1,288 per sqft)

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

Rents
Unit 602, each contractTypical three-bed in Shoreline - Basri
150K200K250K2012201620202024Typical rent by year: 2012 AED 183,500; 2013 AED 185,000; 2014 AED 200,000; 2015 AED 200,000; 2016 AED 190,000; 2017 AED 184,000; 2018 AED 180,000; 2019 AED 142,500; 2020 AED 130,000; 2021 AED 132,000; 2022 AED 159,500; 2023 AED 200,007; 2024 AED 240,000; 2025 AED 240,000New contract, June 2019: AED 215,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Shoreline - Basri, and where 602 sits

All 45 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
24 Apr 20243,500,000
23 Apr 20244,300,000
12 Jan 20244,052,000
1 Nov 20234,575,000
0 3-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 6th floor

All 130 units in Shoreline - Basri
Value
6012-bedAED 2.15M · Mar 2023
6033-bedAED 4.58M · Nov 2023
6041-bedAED 685K · Apr 2009
6052-bedAED 4.7M · Feb 2024
6062-bedAED 3.58M · Oct 2013
6072-bedAED 4M · Apr 2009
6082-bedAED 2.4M · Dec 2017
1–7 of 11

602, Shoreline - Basri in numbers

  • Sold twice: first on 23 April 2009 for AED 4,300,000, last on 12 October 2021 for AED 2,850,000 (AED 1,288 per sqft).
  • Rented since June 2019 on one Ejari contract, at AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2021 price is 7.5%, before a service charge of about AED 31,600 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 12 October 2021.

Questions about 602, Shoreline - Basri

What did unit 602 last sell for?

AED 2,850,000 on 12 October 2021: AED 1,288 per sqft for 2,213 sqft. The unit has 2 registered sales; the first was AED 4,300,000 in April 2009.

What is the rent for unit 602?

AED 215,000 a year on the contract signed on 20 June 2019.

How big is unit 602?

2,213 sqft (205.6 sqm): a three-bedroom apartment on the 6th floor of a 11-storey tower completed in 2007.

What is unit 602 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 602, Shoreline - Basri

Starts from the last sale price (AED 2.85M, 12 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →