1203, Shemara
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Shemara
What is 1203 worth today?
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Source: Dubai Land Department. Updated 10 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,073 sqft
- Floor
- 12th of 32
- Parking
- P1 - 1041
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 11,900 /yr
- Last sold
- AED 1.3M · December 2012
- Building
- Shemara
About 1203, Shemara
1203 is a one-bedroom apartment of 1,073 sqft on the 12th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 18 December 2012 for AED 1,300,000, or AED 1,211 per sqft, in line with the AED 1,211 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 10 July 2026, is AED 100,000 a year: a gross yield of 7.7% on the 2012 price, before the service charge of about AED 11,900 a year.
Sales and rents for 1203 over time
1203 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Shemara, and where 1203 sits
All 61 1-beds →1203 last sold in December 2012 at AED 1,211 per sqft, in line with what one-beds in Shemara were fetching at the time (AED 1,211). Over the last 12 months one-beds sold for AED 1,840,000 to 2,300,000, around AED 2,299 per sqft, and rent for AED 85,000 to 170,000 a year. 1203's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 895 sqft | 18,610 | 20 | ||
| 27 Feb 202627 February 2026 | 895 sqft | 1,840,000 | 2,055 | ||
| 13 Jan 202613 January 2026 | 895 sqft | 38,494 | 43 | ||
| 12 Dec 202512 December 2025 | 895 sqft | 2,058,000 | 2,299 |
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 Shemara1203, Shemara in numbers
- Sold twice: first on 13 October 2009 for AED 886,315, last on 18 December 2012 for AED 1,300,000 (AED 1,211 per sqft).
- Rented since July 2013 on 12 Ejari contracts. The rent fell from AED 95,000 to AED 80,000 in 2021 and recovered to AED 100,000 by July 2026.
- At AED 100,000 a year the gross yield on the 2012 price is 7.7%, before a service charge of about AED 11,900 a year (AED 11.10 per sqft).
- One-beds in Shemara sold for AED 1,840,000–2,300,000 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 10 July 2026.
Questions about 1203, Shemara
What did unit 1203 last sell for?
AED 1,300,000 on 18 December 2012: AED 1,211 per sqft for 1,073 sqft. The unit has 2 registered sales; the first was AED 886,315 in October 2009.
What is the rent for unit 1203?
AED 100,000 a year on the contract signed on 10 July 2026. The previous contract, from August 2025, was AED 120,000; the unit has been rented since July 2013.
How big is unit 1203?
1,073 sqft (99.7 sqm): a one-bedroom apartment on the 12th floor of a 32-storey tower completed in 2008.
What is unit 1203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shemara sold for AED 1,840,000 to 2,300,000 in the last 12 months, around AED 2,299 per sqft.
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Mortgage on 1203, Shemara
Starts from the last sale price (AED 1.3M, 18 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →