3-bed · 1,858 sqftShemara, Dubai Marina · 14th floor · completed 2008

1401, Shemara

Sold prices and rental history: sold once, by the developer in July 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 7 July 2009
Last soldAED 2.2M7 July 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Shemara

What is 1401 worth today?

Last sold for AED 2,202,888 in 2009

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7 Jul 2009Sold by developerReady
AED 2,202,888AED 1,185 per sqft

Source: Dubai Land Department. Updated 7 July 2009.

Key facts

Type
3-bed apartment
Size
1,858 sqft
Floor
14th of 32
Parking
P2 - 2029, P2 - 2030
Developer
Emaar
Completed
2008
Service charge
AED 20,600 /yr
Last sold
AED 2.2M · July 2009
Building
Shemara

About 1401, Shemara

1401 is a three-bedroom apartment of 1,858 sqft on the 14th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 7 July 2009 for AED 2,202,888, or AED 1,185 per sqft, 5% above the AED 1,129 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1401 over time

Sales
Unit 1401, each saleTypical three-bed in Shemara
2M3M2009201320172021Typical 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 2,202,888 (AED 1,185 per sqft)

1401 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1401, 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 240,385

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 1401 sits

All 30 3-beds →

1401 last sold in July 2009 at AED 1,185 per sqft, 5% above what three-beds in Shemara were fetching at the time (AED 1,129). 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.

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 14th floor

All 153 units in Shemara
Value
14022-bedAED 1.3M · Aug 2023
14031-bedAED 953K · Dec 2011
14041-bedAED 945K · Apr 2011
14052-bedAED 1.4M · Aug 2010

1401, Shemara in numbers

  • Sold once: by Emaar on 7 July 2009 for AED 2,202,888, or AED 1,185 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 7 July 2009.

Questions about 1401, Shemara

What did unit 1401 last sell for?

AED 2,202,888 on 7 July 2009, sold by the developer: AED 1,185 per sqft for 1,858 sqft. It is the only registered sale of the unit.

How big is unit 1401?

1,858 sqft (172.6 sqm): a three-bedroom apartment on the 14th floor of a 32-storey tower completed in 2008.

What is unit 1401 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 1401, Shemara

Starts from the last sale price (AED 2.2M, 7 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,202,888
Deposit, UAE resident (20%)
AED 440,578
Deposit, non-resident (40%)
AED 881,155
Monthly over 25 years at 3.7%
AED 9,013

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