3-bed · 1,858 sqftShemara, Dubai Marina · 11th floor · completed 2008

1101, Shemara

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 13 August 2023
Last soldAED 3.7M22 June 2023
Current rentAED 220K /yr13 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, Shemara

What is 1101 worth today?

Last sold for AED 3,700,000 in 2023

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13 Aug 2023RentedNew contract
AED 220,000/yr12 months · AED 119 per sqft
22 Jun 2023SoldReady
AED 3,700,000AED 1,991 per sqft
25 Sep 2022RentedRenewal
AED 171,477/yr6 months · AED 93 per sqft
25 Sep 2021RentedNew contract
AED 171,000/yr12 months · AED 92 per sqft
30 Aug 2020RentedNew contract
AED 135,000/yr12 months · AED 72 per sqft
30 Jul 2019RentedRenewal
AED 175,000/yr12 months · AED 94 per sqft
30 Jul 2018RentedNew contract
AED 190,000/yr12 months · AED 102 per sqft
28 May 2018RentedRenewal
AED 200,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 13 August 2023.

Key facts

Type
3-bed apartment
Size
1,858 sqft
Floor
11th of 32
Parking
P2 - 2076, P2 - 2077
Developer
Emaar
Completed
2008
Service charge
AED 20,600 /yr
Last sold
AED 3.7M · June 2023
Building
Shemara

About 1101, Shemara

1101 is a three-bedroom apartment of 1,858 sqft on the 11th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 22 June 2023 for AED 3,700,000, or AED 1,991 per sqft, 8% above the AED 1,842 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 13 August 2023, is AED 220,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 20,600 a year.

Sales and rents for 1101 over time

Sales
Unit 1101, each saleTypical three-bed in Shemara
2M4M2009201320172021Typical sale price by year: 2009 AED 2,097,888; 2010 AED 2,837,500; 2011 AED 2,261,444; 2013 AED 3,487,500; 2020 AED 2,250,000; 2022 AED 3,275,000; 2023 AED 3,600,000Sold by developer, July 2009: AED 4,300,000 (AED 2,314 per sqft)Sold, October 2013: AED 4,350,000 (AED 2,341 per sqft)Sold, June 2023: AED 3,700,000 (AED 1,991 per sqft)

1101 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1101, each contractTypical three-bed in Shemara
150K200K250K2013201720212025Typical rent by year: 2013 AED 230,000; 2014 AED 230,000; 2015 AED 238,674; 2016 AED 239,668; 2017 AED 230,000; 2018 AED 205,000; 2019 AED 178,000; 2020 AED 158,181; 2021 AED 150,000; 2022 AED 175,000; 2023 AED 220,000; 2024 AED 230,000; 2025 AED 230,769; 2026 AED 240,385New contract, May 2015: AED 242,000 a yearRenewal, May 2016: AED 240,000 a yearNew contract, May 2017: AED 220,000 a yearRenewal, May 2018: AED 200,000 a yearNew contract, July 2018: AED 190,000 a yearRenewal, July 2019: AED 175,000 a yearNew contract, August 2020: AED 135,000 a yearNew contract, September 2021: AED 171,000 a yearRenewal, September 2022: AED 171,477 a yearNew contract, August 2023: AED 220,000 a year

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 1101 sits

All 30 3-beds →

1101 last sold in June 2023 at AED 1,991 per sqft, 8% above what three-beds in Shemara were fetching at the time (AED 1,842). 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. 1101's AED 220,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Feb 20264,800,000
26 Sep 20254,350,000
30 Jun 20254,250,000
22 May 20244,450,000
1 3-bed sale 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 11th floor

All 153 units in Shemara
Value
11022-bedAED 2.6M · Aug 2010
11031-bedAED 1.43M · Sep 2018
11041-bedAED 2.3M · Dec 2025
11052-bedAED 2.05M · Jul 2013

1101, Shemara in numbers

  • Sold 3 times: first on 7 July 2009 for AED 4,300,000, last on 22 June 2023 for AED 3,700,000 (AED 1,991 per sqft).
  • Rented since May 2015 on 10 Ejari contracts. The rent fell from AED 242,000 to AED 135,000 in 2020 and recovered to AED 220,000 by August 2023.
  • At AED 220,000 a year the gross yield on the 2023 price is 5.9%, 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 13 August 2023.

Questions about 1101, Shemara

What did unit 1101 last sell for?

AED 3,700,000 on 22 June 2023: AED 1,991 per sqft for 1,858 sqft. The unit has 3 registered sales; the first was AED 4,300,000 in July 2009.

What is the rent for unit 1101?

AED 220,000 a year on the contract signed on 13 August 2023. The previous contract, from September 2022, was AED 171,477; the unit has been rented since May 2015.

How big is unit 1101?

1,858 sqft (172.6 sqm): a three-bedroom apartment on the 11th floor of a 32-storey tower completed in 2008.

What is unit 1101 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 1101, Shemara

Starts from the last sale price (AED 3.7M, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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