1201, Shemara
Sold prices and rental history: sold 3 times, last in April 2023, 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 1201, Shemara
What is 1201 worth today?
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Source: Dubai Land Department. Updated 15 March 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,858 sqft
- Floor
- 12th of 32
- Parking
- P2 - 2025, P2- 2026
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,600 /yr
- Last sold
- AED 2.85M · April 2023
- Building
- Shemara
About 1201, Shemara
1201 is a three-bedroom apartment of 1,858 sqft on the 12th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 25 April 2023 for AED 2,850,000, or AED 1,533 per sqft, 16% below the AED 1,823 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 15 March 2026, is AED 250,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 20,600 a year.
Sales and rents for 1201 over time
1201 has sold 3 times; 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 1201 sits
All 30 3-beds →1201 last sold in April 2023 at AED 1,533 per sqft, 16% below what three-beds in Shemara were fetching at the time (AED 1,823). 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. 1201's AED 250,000 is in the upper 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 12th floor
All 153 units in Shemara| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 2-bed | 1,410 sqft | AED 1.75MAED 1,750,000 · Sep 2012September 2012 | ||
| 1203 | 1-bed | 1,073 sqft | AED 1.3MAED 1,300,000 · Dec 2012December 2012 | 100,000 /yr | |
| 1204 | 1-bed | 895 sqft | AED 627KAED 626,500 · Jan 2013January 2013 | 100,000 /yr | |
| 1205 | 2-bed | 1,350 sqft | AED 1.7MAED 1,700,000 · Mar 2012March 2012 | 154,000 /yr |
1201, Shemara in numbers
- Sold 3 times: first on 23 August 2010 for AED 3,840,672, last on 25 April 2023 for AED 2,850,000 (AED 1,533 per sqft).
- Rented since August 2014 on 11 Ejari contracts. The rent fell from AED 230,000 to AED 160,000 in 2020 and recovered to AED 250,000 by March 2026.
- At AED 250,000 a year the gross yield on the 2023 price is 8.8%, 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 15 March 2026.
Questions about 1201, Shemara
What did unit 1201 last sell for?
AED 2,850,000 on 25 April 2023: AED 1,533 per sqft for 1,858 sqft. The unit has 3 registered sales; the first was AED 3,840,672 in August 2010.
What is the rent for unit 1201?
AED 250,000 a year on the contract renewed on 15 March 2026. The previous contract, from March 2026, was AED 230,769; the unit has been rented since August 2014.
How big is unit 1201?
1,858 sqft (172.6 sqm): a three-bedroom apartment on the 12th floor of a 32-storey tower completed in 2008.
What is unit 1201 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 1201, Shemara
Starts from the last sale price (AED 2.85M, 25 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,850,000
- Deposit, UAE resident (20%)
- AED 570,000
- Deposit, non-resident (40%)
- AED 1,140,000
- Monthly over 25 years at 3.7%
- AED 11,660
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →