1001, Shemara
Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Shemara
What is 1001 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,858 sqft
- Floor
- 10th of 32
- Parking
- P2 - 2069, P2 - 2070
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,600 /yr
- Last sold
- AED 1.88M · August 2010
- Building
- Shemara
About 1001, Shemara
1001 is a three-bedroom apartment of 1,858 sqft on the 10th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 9 August 2010 for AED 1,878,888, or AED 1,011 per sqft, 10% below the AED 1,119 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 1 November 2024, is AED 240,000 a year: a gross yield of 12.8% on the 2010 price, before the service charge of about AED 20,600 a year.
Sales and rents for 1001 over time
1001 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Shemara, and where 1001 sits
All 30 3-beds →1001 last sold in August 2010 at AED 1,011 per sqft, 10% below what three-beds in Shemara were fetching at the time (AED 1,119). Over the last 12 months three-beds sold for AED 4,800,000, around AED 2,583 per sqft, and rent for AED 200,000 to 290,000 a year. 1001's AED 240,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 1,858 sqft | 4,800,000 | 2,583 | ||
| 26 Sep 202526 September 2025 | 1,858 sqft | 4,350,000 | 2,341 | ||
| 30 Jun 202530 June 2025 | 1,858 sqft | 4,250,000 | 2,287 | ||
| 22 May 202422 May 2024 | 1,858 sqft | 4,450,000 | 2,395 |
Shemara
Building153 apartments, studios to 3-bed over 32 floors in Dubai Marina, completed in 2008 by Emaar. 13 sold in the last 12 months.
- Typical price per sqft
- AED 2,037 Down 5.0%
- Typical sale
- AED 2.6M
- Typical rent
- AED 133K /yr
- Typical yield
- 5.7%
Other units on the 10th floor
All 153 units in Shemara| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 2-bed | 1,410 sqft | AED 1.93MAED 1,930,000 · Dec 2018December 2018 | 155,000 /yr | |
| 1003 | 1-bed | 1,073 sqft | AED 1.43MAED 1,425,000 · Dec 2012December 2012 | 100,000 /yr | |
| 1004 | 1-bed | 895 sqft | AED 1.94MAED 1,940,000 · May 2025May 2025 | 123,000 /yr | |
| 1005 | 2-bed | 1,350 sqft | AED 2.52MAED 2,523,500 · Jul 2009July 2009 | 125,000 /yr |
1001, Shemara in numbers
- Sold once: by Emaar on 9 August 2010 for AED 1,878,888, or AED 1,011 per sqft.
- Rented since February 2014 on 11 Ejari contracts. The rent fell from AED 270,000 to AED 167,000 in 2021 and recovered to AED 240,000 by November 2024.
- At AED 240,000 a year the gross yield on the 2010 price is 12.8%, before a service charge of about AED 20,600 a year (AED 11.10 per sqft).
- Three-beds in Shemara sold for AED 4,800,000–4,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,037 per sqft.
Source: Dubai Land Department. Updated 1 November 2024.
Questions about 1001, Shemara
What did unit 1001 last sell for?
AED 1,878,888 on 9 August 2010, sold by the developer: AED 1,011 per sqft for 1,858 sqft. It is the only registered sale of the unit.
What is the rent for unit 1001?
AED 240,000 a year on the contract signed on 1 November 2024. The previous contract, from November 2024, was AED 240,000; the unit has been rented since February 2014.
How big is unit 1001?
1,858 sqft (172.6 sqm): a three-bedroom apartment on the 10th floor of a 32-storey tower completed in 2008.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shemara sold for AED 4,800,000 to 4,800,000 in the last 12 months, around AED 2,583 per sqft.
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Mortgage on 1001, Shemara
Starts from the last sale price (AED 1.88M, 9 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,878,888
- Deposit, UAE resident (20%)
- AED 375,778
- Deposit, non-resident (40%)
- AED 751,555
- Monthly over 25 years at 3.7%
- AED 7,687
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →