1204, Shemara
Sold prices and rental history: sold 3 times, last in January 2013, 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 1204, Shemara
What is 1204 worth today?
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Source: Dubai Land Department. Updated 12 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 895 sqft
- Floor
- 12th of 32
- Parking
- P1 - 1028
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 9,900 /yr
- Last sold
- AED 627K · January 2013
- Building
- Shemara
About 1204, Shemara
1204 is a one-bedroom apartment of 895 sqft on the 12th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 21 January 2013 for AED 626,500, or AED 699 per sqft, 42% below the AED 1,211 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 12 March 2024, is AED 100,000 a year: a gross yield of 16.0% on the 2013 price, before the service charge of about AED 9,900 a year.
Sales and rents for 1204 over time
1204 has sold 3 times; 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 1204 sits
All 61 1-beds →1204 last sold in January 2013 at AED 699 per sqft, 42% below 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. 1204'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 Shemara| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 3-bed | 1,858 sqft | AED 2.85MAED 2,850,000 · Apr 2023April 2023 | 230,769 /yr | |
| 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 | |
| 1205 | 2-bed | 1,350 sqft | AED 1.7MAED 1,700,000 · Mar 2012March 2012 | 154,000 /yr |
1204, Shemara in numbers
- Sold 3 times: first on 13 October 2009 for AED 728,395, last on 21 January 2013 for AED 626,500 (AED 699 per sqft).
- Rented since June 2013 on 6 Ejari contracts, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2013 price is 16.0%, before a service charge of about AED 9,900 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 12 March 2024.
Questions about 1204, Shemara
What did unit 1204 last sell for?
AED 626,500 on 21 January 2013: AED 699 per sqft for 895 sqft. The unit has 3 registered sales; the first was AED 728,395 in October 2009.
What is the rent for unit 1204?
AED 100,000 a year on the contract signed on 12 March 2024. The previous contract, from March 2024, was AED 100,000; the unit has been rented since June 2013.
How big is unit 1204?
895 sqft (83.1 sqm): a one-bedroom apartment on the 12th floor of a 32-storey tower completed in 2008.
What is unit 1204 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 1204, Shemara
Starts from the last sale price (AED 627K, 21 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 626,500
- Deposit, UAE resident (20%)
- AED 125,300
- Deposit, non-resident (40%)
- AED 250,600
- Monthly over 25 years at 3.7%
- AED 2,563
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →