1404, Shemara
Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1404, Shemara
What is 1404 worth today?
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Source: Dubai Land Department. Updated 31 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 895 sqft
- Floor
- 14th of 32
- Parking
- P1 - 1026
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 9,900 /yr
- Last sold
- AED 945K · April 2011
- Building
- Shemara
About 1404, Shemara
1404 is a one-bedroom apartment of 895 sqft on the 14th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 6 April 2011 for AED 945,000, or AED 1,055 per sqft, 6% above the AED 991 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 31 May 2026, is AED 99,465 a year: a gross yield of 10.5% on the 2011 price, before the service charge of about AED 9,900 a year.
Sales and rents for 1404 over time
1404 has sold once; 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 1404 sits
All 61 1-beds →1404 last sold in April 2011 at AED 1,055 per sqft, 6% above what one-beds in Shemara were fetching at the time (AED 991). 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. 1404's AED 99,465 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 14th floor
All 153 units in Shemara1404, Shemara in numbers
- Sold once: by Emaar on 6 April 2011 for AED 945,000, or AED 1,055 per sqft.
- Rented since October 2016 on 7 Ejari contracts. The rent fell from AED 115,000 to AED 78,000 in 2022 and recovered to AED 99,465 by May 2026.
- At AED 99,465 a year the gross yield on the 2011 price is 10.5%, 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 31 May 2026.
Questions about 1404, Shemara
What did unit 1404 last sell for?
AED 945,000 on 6 April 2011, sold by the developer: AED 1,055 per sqft for 895 sqft. It is the only registered sale of the unit.
What is the rent for unit 1404?
AED 99,465 a year on the contract renewed on 31 May 2026. The previous contract, from May 2025, was AED 120,000; the unit has been rented since October 2016.
How big is unit 1404?
895 sqft (83.1 sqm): a one-bedroom apartment on the 14th floor of a 32-storey tower completed in 2008.
What is unit 1404 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 1404, Shemara
Starts from the last sale price (AED 945K, 6 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 945,000
- Deposit, UAE resident (20%)
- AED 189,000
- Deposit, non-resident (40%)
- AED 378,000
- Monthly over 25 years at 3.7%
- AED 3,866
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →