2-bed · 1,583 sqftShoreline - Basri, Palm Jumeirah · 8th floor · completed 2007

812, Shoreline - Basri

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 812 · DLD and Ejari recordsUpdated 6 August 2024
Last soldAED 3.18M6 August 2024
Current rentAED 85K /yr1 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 812, Shoreline - Basri

What is 812 worth today?

Last sold for AED 3,175,000 in 2024

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6 Aug 2024SoldReady
AED 3,175,000AED 2,006 per sqft
1 May 2021RentedNew contract
AED 85,000/yr12 months · AED 54 per sqft
1 Mar 2019RentedNew contract
AED 105,000/yr12 months · AED 66 per sqft
22 Jun 2017RentedRenewal
AED 135,000/yr12 months · AED 85 per sqft
22 Jun 2016RentedNew contract
AED 135,000/yr12 months · AED 85 per sqft
4 May 2015RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft
8 Jan 2015SoldReady
AED 1,375,000AED 868 per sqft
3 May 2009Sold by developerReady · flagged as an outlier
AED 412,500AED 260 per sqft

Source: Dubai Land Department. Updated 6 August 2024.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
8th of 11
Parking
1B2-107
Developer
Nakheel
Completed
2007
Service charge
AED 22,600 /yr
Last sold
AED 3.18M · August 2024

About 812, Shoreline - Basri

812 is a two-bedroom apartment of 1,583 sqft on the 8th floor of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. It last sold on 6 August 2024 for AED 3,175,000, or AED 2,006 per sqft, 25% below the AED 2,685 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 May 2021, is AED 85,000 a year: a gross yield of 2.7% on the 2024 price, before the service charge of about AED 22,600 a year.

Sales and rents for 812 over time

Sales
Unit 812, each saleTypical two-bed in Shoreline - Basri
2M4M2009201420192024Typical 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, January 2015: AED 1,375,000 (AED 868 per sqft)Sold, August 2024: AED 3,175,000 (AED 2,006 per sqft)

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

Rents
Unit 812, each contractTypical two-bed in Shoreline - Basri
100K200K2011201520192023Typical 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, May 2015: AED 140,000 a yearNew contract, June 2016: AED 135,000 a yearRenewal, June 2017: AED 135,000 a yearNew contract, March 2019: AED 105,000 a yearNew contract, May 2021: AED 85,000 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 812 sits

All 63 2-beds →

812 last sold in August 2024 at AED 2,006 per sqft, 25% below what two-beds in Shoreline - Basri were fetching at the time (AED 2,685). 812's AED 85,000 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 8th floor

All 130 units in Shoreline - Basri
Value
8012-bedAED 825K · Apr 2009
8023-bedAED 1.18M · Apr 2009
8033-bedAED 2.95M · Nov 2021
8041-bedAED 2M · Feb 2019
8052-bedAED 1.43M · Jul 2020
8062-bedAED 6.05M · Aug 2024
8072-bedAED 3M · Nov 2009
1–7 of 11

812, Shoreline - Basri in numbers

  • Sold 3 times: first on 3 May 2009 for AED 412,500, last on 6 August 2024 for AED 3,175,000 (AED 2,006 per sqft).
  • Rented since May 2015 on 5 Ejari contracts, from AED 140,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 2.7%, before a service charge of about AED 22,600 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 6 August 2024.

Questions about 812, Shoreline - Basri

What did unit 812 last sell for?

AED 3,175,000 on 6 August 2024: AED 2,006 per sqft for 1,583 sqft. The unit has 3 registered sales; the first was AED 412,500 in May 2009.

What is the rent for unit 812?

AED 85,000 a year on the contract signed on 1 May 2021. The previous contract, from March 2019, was AED 105,000; the unit has been rented since May 2015.

How big is unit 812?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 8th floor of a 11-storey tower completed in 2007.

What is unit 812 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 812, Shoreline - Basri

Starts from the last sale price (AED 3.18M, 6 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,175,000
Deposit, UAE resident (20%)
AED 635,000
Deposit, non-resident (40%)
AED 1,270,000
Monthly over 25 years at 3.7%
AED 12,990

Plus AED 138,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →