1405, Shemara
Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1405, Shemara
What is 1405 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,350 sqft
- Floor
- 14th of 32
- Parking
- P1 - 1007
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 15,000 /yr
- Last sold
- AED 1.4M · August 2010
- Building
- Shemara
About 1405, Shemara
1405 is a two-bedroom apartment of 1,350 sqft on the 14th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 9 August 2010 for AED 1,398,888, or AED 1,036 per sqft, in line with the AED 1,021 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 17 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 126,126 a year: a gross yield of 9.0% on the 2010 price, before the service charge of about AED 15,000 a year.
Sales and rents for 1405 over time
1405 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Shemara, and where 1405 sits
All 61 2-beds →1405 last sold in August 2010 at AED 1,036 per sqft, in line with what two-beds in Shemara were fetching at the time (AED 1,021). Over the last 12 months two-beds sold for AED 2,575,000 to 2,900,000, around AED 1,968 per sqft, and rent for AED 120,000 to 220,000 a year. 1405's AED 126,126 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jul 202614 July 2026 | 1,410 sqft | 2,815,000 | 1,996 | ||
| 22 Jun 202622 June 2026 | 1,410 sqft | 2,875,000 | 2,039 | ||
| 15 Apr 202615 April 2026 | 1,350 sqft | 2,750,000 | 2,037 | ||
| 7 Jan 20267 January 2026 | 1,495 sqft | 2,900,000 | 1,939 |
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 Shemara1405, Shemara in numbers
- Sold once: by Emaar on 9 August 2010 for AED 1,398,888, or AED 1,036 per sqft.
- Rented since October 2012 on 17 Ejari contracts. The rent fell from AED 120,000 to AED 90,000 in 2021 and recovered to AED 126,126 by May 2026.
- At AED 126,126 a year the gross yield on the 2010 price is 9.0%, before a service charge of about AED 15,000 a year (AED 11.10 per sqft).
- Two-beds in Shemara sold for AED 2,575,000–2,900,000 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 1 May 2026.
Questions about 1405, Shemara
What did unit 1405 last sell for?
AED 1,398,888 on 9 August 2010, sold by the developer: AED 1,036 per sqft for 1,350 sqft. It is the only registered sale of the unit.
What is the rent for unit 1405?
AED 126,126 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 125,780; the unit has been rented since October 2012.
How big is unit 1405?
1,350 sqft (125.4 sqm): a two-bedroom apartment on the 14th floor of a 32-storey tower completed in 2008.
What is unit 1405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Shemara sold for AED 2,575,000 to 2,900,000 in the last 12 months, around AED 1,968 per sqft.
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Mortgage on 1405, Shemara
Starts from the last sale price (AED 1.4M, 9 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,398,888
- Deposit, UAE resident (20%)
- AED 279,778
- Deposit, non-resident (40%)
- AED 559,555
- Monthly over 25 years at 3.7%
- AED 5,723
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →