2-bed · 1,410 sqftShemara, Dubai Marina · 10th floor · completed 2008

1002, Shemara

Sold prices and rental history: sold 3 times, last in December 2018, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 1.93M4 December 2018
Current rentAED 155K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Shemara

What is 1002 worth today?

Last sold for AED 1,930,000 in 2018

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1 Feb 2025RentedNew contract
AED 155,000/yr12 months · AED 110 per sqft
1 Feb 2025RentedNew contract
AED 155,000/yr12 months · AED 110 per sqft
4 Nov 2023RentedNew contract
AED 145,000/yr12 months · AED 103 per sqft
27 Mar 2022RentedRenewal
AED 138,000/yr12 months · AED 98 per sqft
27 Mar 2021RentedNew contract
AED 138,000/yr12 months · AED 98 per sqft
4 Dec 2018SoldReady
AED 1,930,000AED 1,368 per sqft
1 Nov 2017RentedNew contract
AED 142,000/yr12 months · AED 101 per sqft
28 Feb 2013SoldReady
AED 1,940,000AED 1,375 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
2-bed apartment
Size
1,410 sqft
Floor
10th of 32
Parking
P2 - 2086
Developer
Emaar
Completed
2008
Service charge
AED 15,700 /yr
Last sold
AED 1.93M · December 2018
Building
Shemara

About 1002, Shemara

1002 is a two-bedroom apartment of 1,410 sqft on the 10th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 4 December 2018 for AED 1,930,000, or AED 1,368 per sqft, 14% below the AED 1,595 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 1 February 2025, is AED 155,000 a year: a gross yield of 8.0% on the 2018 price, before the service charge of about AED 15,700 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Shemara
2M2009201420192024Typical sale price by year: 2009 AED 1,415,535; 2010 AED 1,597,500; 2011 AED 1,521,888; 2012 AED 1,650,000; 2013 AED 2,350,000; 2014 AED 3,150,000; 2015 AED 2,550,000; 2017 AED 2,260,000; 2018 AED 1,930,000; 2019 AED 1,650,000; 2021 AED 1,922,500; 2022 AED 2,250,000; 2023 AED 2,400,000; 2024 AED 2,775,000; 2025 AED 2,802,500; 2026 AED 2,845,000Sold by developer, July 2010: AED 803,444 (AED 569 per sqft)Sold, February 2013: AED 1,940,000 (AED 1,375 per sqft)Sold, December 2018: AED 1,930,000 (AED 1,368 per sqft)

1002 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Shemara
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 157,625; 2015 AED 165,000; 2016 AED 155,000; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 121,000; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 114,000; 2023 AED 125,294; 2024 AED 154,000; 2025 AED 153,500; 2026 AED 150,924New contract, November 2017: AED 142,000 a yearNew contract, March 2021: AED 138,000 a yearRenewal, March 2022: AED 138,000 a yearNew contract, November 2023: AED 145,000 a yearNew contract, February 2025: AED 155,000 a yearNew contract, February 2025: AED 155,000 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 Shemara, and where 1002 sits

All 61 2-beds →

1002 last sold in December 2018 at AED 1,368 per sqft, 14% below what two-beds in Shemara were fetching at the time (AED 1,595). Over the last 12 months two-beds sold for AED 2,575,000 to 2,900,000, around AED 1,968 per sqft, and rent for AED 120,000 to 220,000 a year. 1002's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jul 20262,815,000
22 Jun 20262,875,000
15 Apr 20262,750,000
7 Jan 20262,900,000
6 2-bed sales in the last 12 months

Shemara

Building

153 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%
Shemara, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 153 units in Shemara
Value
10013-bedAED 1.88M · Aug 2010
10031-bedAED 1.43M · Dec 2012
10041-bedAED 1.94M · May 2025
10052-bedAED 2.52M · Jul 2009

1002, Shemara in numbers

  • Sold 3 times: first on 14 July 2010 for AED 803,444, last on 4 December 2018 for AED 1,930,000 (AED 1,368 per sqft).
  • Rented since November 2017 on 6 Ejari contracts, from AED 142,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2018 price is 8.0%, before a service charge of about AED 15,700 a year (AED 11.10 per sqft).
  • Two-beds in Shemara sold for AED 2,575,000–2,900,000 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 February 2025.

Questions about 1002, Shemara

What did unit 1002 last sell for?

AED 1,930,000 on 4 December 2018: AED 1,368 per sqft for 1,410 sqft. The unit has 3 registered sales; the first was AED 803,444 in July 2010.

What is the rent for unit 1002?

AED 155,000 a year on the contract signed on 1 February 2025. The previous contract, from February 2025, was AED 155,000; the unit has been rented since November 2017.

How big is unit 1002?

1,410 sqft (131.0 sqm): a two-bedroom apartment on the 10th floor of a 32-storey tower completed in 2008.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shemara sold for AED 2,575,000 to 2,900,000 in the last 12 months, around AED 1,968 per sqft.

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Mortgage on 1002, Shemara

Starts from the last sale price (AED 1.93M, 4 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,930,000
Deposit, UAE resident (20%)
AED 386,000
Deposit, non-resident (40%)
AED 772,000
Monthly over 25 years at 3.7%
AED 7,896

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →