708, Shoreline - Basri
Sold prices and rental history: sold 3 times, last in December 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Shoreline - Basri
What is 708 worth today?
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Source: Dubai Land Department. Updated 24 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,551 sqft
- Floor
- 7th of 11
- Parking
- B2-127
- Developer
- Nakheel
- Completed
- 2007
- Service charge
- AED 22,100 /yr
- Last sold
- AED 2.1M · December 2011
- Building
- Shoreline - Basri
About 708, Shoreline - Basri
708 is a two-bedroom apartment of 1,551 sqft on the 7th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 6 December 2011 for AED 2,100,000, or AED 1,354 per sqft, 10% below the AED 1,502 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 24 June 2024, is AED 230,000 a year: a gross yield of 10.9% on the 2011 price, before the service charge of about AED 22,100 a year.
Sales and rents for 708 over time
708 has sold 3 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 708 sits
All 63 2-beds →708 last sold in December 2011 at AED 1,354 per sqft, 10% below what two-beds in Shoreline - Basri were fetching at the time (AED 1,502). 708's AED 230,000 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 | ||
| 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 | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,583 sqft | AED 2.25MAED 2,250,000 · Dec 2022December 2022 | 165,000 /yr | |
| 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 | |
| 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 |
708, Shoreline - Basri in numbers
- Sold 3 times: first on 29 April 2009 for AED 4,250,000, last on 6 December 2011 for AED 2,100,000 (AED 1,354 per sqft).
- Rented since December 2012 on 13 Ejari contracts. The rent fell from AED 170,000 to AED 120,000 in 2021 and recovered to AED 230,000 by June 2024.
- At AED 230,000 a year the gross yield on the 2011 price is 10.9%, before a service charge of about AED 22,100 a year (AED 14.26 per sqft).
Source: Dubai Land Department. Updated 24 June 2024.
Questions about 708, Shoreline - Basri
What did unit 708 last sell for?
AED 2,100,000 on 6 December 2011: AED 1,354 per sqft for 1,551 sqft. The unit has 3 registered sales; the first was AED 4,250,000 in April 2009.
What is the rent for unit 708?
AED 230,000 a year on the contract signed on 24 June 2024. The previous contract, from July 2022, was AED 130,000; the unit has been rented since December 2012.
How big is unit 708?
1,551 sqft (144.1 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2007.
What is unit 708 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 708, Shoreline - Basri
Starts from the last sale price (AED 2.1M, 6 December 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →