
701, Shoreline - Basri
Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Shoreline - Basri
What is 701 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,583 sqft
- Floor
- 7th of 11
- Parking
- 1B2-84
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 22,600 /yr
- Last sold
- AED 2.25M · December 2022
- Building
- Shoreline - Basri
About 701, Shoreline - Basri
701 is a two-bedroom apartment of 1,583 sqft on the 7th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 13 December 2022 for AED 2,250,000, or AED 1,421 per sqft, in line with the AED 1,421 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 25 May 2025, is AED 165,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 22,600 a year.
Sales and rents for 701 over time
701 has sold twice; 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 701 sits
All 63 2-beds →701 last sold in December 2022 at AED 1,421 per sqft, in line with what two-beds in Shoreline - Basri were fetching at the time (AED 1,421). 701's AED 165,000 is in the lower 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 | ||
| 12 Nov 202412 November 2024 | 2,012 sqft | 5,800,000 | 2,882 | ||
| 22 Oct 202422 October 2024 | 1,551 sqft | 4,500,000 | 2,901 |
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 7th floor
All 130 units in Shoreline - Basri| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 2,182 sqft | AED 1.18MAED 1,175,000 · Apr 2009April 2009 | ||
| 703 | 3-bed | 2,159 sqft | AED 3.3MAED 3,300,000 · Nov 2017November 2017 | ||
| 704 | 1-bed | 1,145 sqft | AED 685KAED 685,000 · Apr 2009April 2009 | ||
| 705 | 2-bed | 1,551 sqft | AED 3.38MAED 3,380,000 · Feb 2015February 2015 | 199,446 /yr | |
| 706 | 2-bed | 1,994 sqft | AED 3.95MAED 3,950,000 · Mar 2023March 2023 | 195,000 /yr | |
| 707 | 2-bed | 1,994 sqft | AED 2.8MAED 2,800,000 · Jul 2019July 2019 | 220,000 /yr | |
| 708 | 2-bed | 1,551 sqft | AED 2.1MAED 2,100,000 · Dec 2011December 2011 | 230,000 /yr | |
| 709 | 1-bed | 1,145 sqft | AED 2.62MAED 2,618,500 · Oct 2024October 2024 | 100,000 /yr | |
| 710 | 3-bed | 1,080 sqft | AED 1.28MAED 1,275,000 · Jan 2011January 2011 | 195,000 /yr | |
| 711 | 3-bed | 2,182 sqft | AED 1.18MAED 1,175,000 · Sep 2013September 2013 | 240,000 /yr | |
| 712 | 2-bed | 1,583 sqft | AED 1.93MAED 1,925,000 · May 2017May 2017 | 154,584 /yr |
701, Shoreline - Basri in numbers
- Sold twice: first on 23 April 2009 for AED 825,000, last on 13 December 2022 for AED 2,250,000 (AED 1,421 per sqft).
- Rented since July 2013 on 13 Ejari contracts. The rent fell from AED 155,000 to AED 95,000 in 2021 and recovered to AED 165,000 by May 2025.
- At AED 165,000 a year the gross yield on the 2022 price is 7.3%, before a service charge of about AED 22,600 a year (AED 14.26 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 25 May 2025.
Questions about 701, Shoreline - Basri
What did unit 701 last sell for?
AED 2,250,000 on 13 December 2022: AED 1,421 per sqft for 1,583 sqft. The unit has 2 registered sales; the first was AED 825,000 in April 2009.
What is the rent for unit 701?
AED 165,000 a year on the contract renewed on 25 May 2025. The previous contract, from May 2024, was AED 165,000; the unit has been rented since July 2013.
How big is unit 701?
1,583 sqft (147.1 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2007.
What is unit 701 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 701, Shoreline - Basri
Starts from the last sale price (AED 2.25M, 13 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,250,000
- Deposit, UAE resident (20%)
- AED 450,000
- Deposit, non-resident (40%)
- AED 900,000
- Monthly over 25 years at 3.7%
- AED 9,205
Plus AED 99,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →