4-bed · 4,838 sqftShoreline - Basri, Palm Jumeirah · completed 2007

PH01, Shoreline - Basri

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit PH01 · DLD and Ejari recordsUpdated 10 January 2025
Last soldAED 2.6M11 June 2009
Current rentAED 389K /yr10 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for PH01, Shoreline - Basri

What is PH01 worth today?

Last sold for AED 2,600,000 in 2009

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10 Jan 2025RentedRenewal
AED 388,500/yr6 months · AED 80 per sqft
10 Jan 2024RentedRenewal
AED 370,000/yr12 months · AED 77 per sqft
10 Jan 2024RentedRenewal
AED 370,000/yr12 months · AED 77 per sqft
1 Oct 2020RentedRenewal
AED 225,000/yr12 months · AED 47 per sqft
15 Jul 2018RentedRenewal
AED 280,000/yr12 months · AED 58 per sqft
15 Jul 2017RentedNew contract
AED 290,000/yr12 months · AED 60 per sqft
2 Jul 2016RentedNew contract
AED 290,000/yr12 months · AED 60 per sqft
17 Feb 2016RentedRenewal
AED 304,500/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 10 January 2025.

Key facts

Type
4-bed apartment
Size
4,838 sqft
Parking
B1-15,B1-16,B1-17
Developer
Nakheel
Completed
2007
Service charge
AED 69,000 /yr
Last sold
AED 2.6M · June 2009

About PH01, Shoreline - Basri

PH01 is a four-bedroom apartment of 4,838 sqft of Shoreline - Basri, a 11-storey tower in Palm Jumeirah completed in 2007 by Nakheel. The developer sold it on 11 June 2009 for AED 2,600,000, or AED 537 per sqft, in line with the AED 537 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 10 January 2025, is AED 388,500 a year: a gross yield of 14.9% on the 2009 price, before the service charge of about AED 69,000 a year.

4-beds in Shoreline - Basri, and where PH01 sits

All 4 4-beds →

PH01 last sold in June 2009 at AED 537 per sqft, in line with what four-beds in Shoreline - Basri were fetching at the time (AED 537).

Recent 4-bed salesUnit no.Price (AED)Summary
27 Feb 20248,350,000
11 Apr 20216,325,000
11 Apr 20137,850,000
18 Jun 20093,250,000
0 4-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 →

PH01, Shoreline - Basri in numbers

  • Sold once: by Nakheel on 11 June 2009 for AED 2,600,000, or AED 537 per sqft.
  • Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 300,000 to AED 225,000 in 2020 and recovered to AED 388,500 by January 2025.
  • At AED 388,500 a year the gross yield on the 2009 price is 14.9%, before a service charge of about AED 69,000 a year (AED 14.26 per sqft).

Source: Dubai Land Department. Updated 10 January 2025.

Questions about PH01, Shoreline - Basri

What did unit PH01 last sell for?

AED 2,600,000 on 11 June 2009, sold by the developer: AED 537 per sqft for 4,838 sqft. It is the only registered sale of the unit.

What is the rent for unit PH01?

AED 388,500 a year on the contract renewed on 10 January 2025. The previous contract, from January 2024, was AED 370,000; the unit has been rented since April 2013.

How big is unit PH01?

4,838 sqft (449.5 sqm): a four-bedroom apartment of a 11-storey tower completed in 2007.

What is unit PH01 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 PH01, Shoreline - Basri

Starts from the last sale price (AED 2.6M, 11 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

Plus AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →