1-bed · 1,073 sqftShemara, Dubai Marina · 14th floor · completed 2008

1403, Shemara

Sold prices and rental history: sold once, by the developer in December 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 953K28 December 2011
Current rentAED 130K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Shemara

What is 1403 worth today?

Last sold for AED 952,888 in 2011

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20 Aug 2026RentedRenewal
AED 130,000/yr12 months · AED 121 per sqft
20 Aug 2025RentedRenewal
AED 130,000/yr12 months · AED 121 per sqft
20 Aug 2024RentedRenewal
AED 130,000/yr12 months · AED 121 per sqft
20 Aug 2024RentedRenewal
AED 130,000/yr12 months · AED 121 per sqft
20 Aug 2023RentedNew contract
AED 130,000/yr12 months · AED 121 per sqft
1 Feb 2022RentedNew contract
AED 107,143/yr14 months · AED 100 per sqft
11 Feb 2021RentedNew contract
AED 83,000/yr12 months · AED 77 per sqft
19 Nov 2019RentedRenewal
AED 107,000/yr12 months · AED 100 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
1-bed apartment
Size
1,073 sqft
Floor
14th of 32
Parking
P3 - 3074
Developer
Emaar
Completed
2008
Service charge
AED 11,900 /yr
Last sold
AED 953K · December 2011
Building
Shemara

About 1403, Shemara

1403 is a one-bedroom apartment of 1,073 sqft on the 14th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 28 December 2011 for AED 952,888, or AED 888 per sqft, in line with the AED 883 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 20 August 2026, is AED 130,000 a year: a gross yield of 13.6% on the 2011 price, before the service charge of about AED 11,900 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical one-bed in Shemara
1M2M2009201420192024Typical sale price by year: 2009 AED 886,315; 2010 AED 1,030,000; 2011 AED 906,888; 2012 AED 1,296,500; 2013 AED 1,350,000; 2014 AED 1,837,500; 2015 AED 1,007,500; 2016 AED 1,500,000; 2017 AED 1,685,000; 2018 AED 1,500,000; 2021 AED 1,182,500; 2023 AED 1,650,000; 2024 AED 1,730,000; 2025 AED 2,104,000Sold by developer, December 2011: AED 952,888 (AED 888 per sqft)

1403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, each contractTypical one-bed in Shemara
100K2013201720212025Typical rent by year: 2013 AED 100,000; 2014 AED 117,339; 2015 AED 120,000; 2016 AED 115,000; 2017 AED 115,000; 2018 AED 105,000; 2019 AED 87,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 86,000; 2023 AED 115,000; 2024 AED 120,000; 2025 AED 121,000; 2026 AED 110,000New contract, October 2013: AED 132,000 a yearNew contract, October 2015: AED 138,000 a yearNew contract, November 2016: AED 125,000 a yearRenewal, November 2017: AED 125,000 a yearRenewal, November 2018: AED 115,000 a yearRenewal, November 2019: AED 107,000 a yearNew contract, February 2021: AED 83,000 a yearNew contract, February 2022: AED 107,143 a yearNew contract, August 2023: AED 130,000 a yearRenewal, August 2024: AED 130,000 a yearRenewal, August 2024: AED 130,000 a yearRenewal, August 2025: AED 130,000 a yearRenewal, August 2026: AED 130,000 a year

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 1403 sits

All 61 1-beds →

1403 last sold in December 2011 at AED 888 per sqft, in line with what one-beds in Shemara were fetching at the time (AED 883). 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. 1403's AED 130,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 202618,610
27 Feb 20261,840,000
13 Jan 202638,494
12 Dec 20252,058,000
5 1-bed sales 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
14013-bedAED 2.2M · Jul 2009
14022-bedAED 1.3M · Aug 2023
14041-bedAED 945K · Apr 2011
14052-bedAED 1.4M · Aug 2010

1403, Shemara in numbers

  • Sold once: by Emaar on 28 December 2011 for AED 952,888, or AED 888 per sqft.
  • Rented since October 2013 on 13 Ejari contracts. The rent fell from AED 132,000 to AED 83,000 in 2021 and recovered to AED 130,000 by August 2026.
  • At AED 130,000 a year the gross yield on the 2011 price is 13.6%, 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 20 August 2026.

Questions about 1403, Shemara

What did unit 1403 last sell for?

AED 952,888 on 28 December 2011, sold by the developer: AED 888 per sqft for 1,073 sqft. It is the only registered sale of the unit.

What is the rent for unit 1403?

AED 130,000 a year on the contract renewed on 20 August 2026. The previous contract, from August 2025, was AED 130,000; the unit has been rented since October 2013.

How big is unit 1403?

1,073 sqft (99.7 sqm): a one-bedroom apartment on the 14th floor of a 32-storey tower completed in 2008.

What is unit 1403 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 1403, Shemara

Starts from the last sale price (AED 953K, 28 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 952,888
Deposit, UAE resident (20%)
AED 190,578
Deposit, non-resident (40%)
AED 381,155
Monthly over 25 years at 3.7%
AED 3,899

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