1504, Shemara
Sold prices and rental history: sold 3 times, last in August 2016, 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 1504, Shemara
What is 1504 worth today?
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Source: Dubai Land Department. Updated 25 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 895 sqft
- Floor
- 15th of 32
- Parking
- P1 - 1025
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 9,900 /yr
- Last sold
- AED 1.5M · August 2016
- Building
- Shemara
About 1504, Shemara
1504 is a one-bedroom apartment of 895 sqft on the 15th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 7 August 2016 for AED 1,500,000, or AED 1,675 per sqft, 20% above the AED 1,396 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 25 March 2026, is AED 98,000 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 9,900 a year.
Sales and rents for 1504 over time
1504 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 1504 sits
All 61 1-beds →1504 last sold in August 2016 at AED 1,675 per sqft, 20% above what one-beds in Shemara were fetching at the time (AED 1,396). 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. 1504's AED 98,000 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 15th floor
All 153 units in Shemara| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 1,858 sqft | AED 4.45MAED 4,450,000 · May 2024May 2024 | 290,000 /yr | |
| 1502 | 2-bed | 1,410 sqft | AED 2.1MAED 2,100,000 · Jun 2019June 2019 | 145,000 /yr | |
| 1503 | 1-bed | 1,073 sqft | AED 2MAED 2,002,434 · Aug 2010August 2010 | 78,000 /yr | |
| 1505 | 2-bed | 1,350 sqft | AED 2.98MAED 2,975,000 · Jan 2025January 2025 | 160,000 /yr |
1504, Shemara in numbers
- Sold 3 times: first on 7 September 2010 for AED 1,553,317, last on 7 August 2016 for AED 1,500,000 (AED 1,675 per sqft).
- Rented since February 2013 on 13 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2020 and recovered to AED 98,000 by March 2026.
- At AED 98,000 a year the gross yield on the 2016 price is 6.5%, 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 25 March 2026.
Questions about 1504, Shemara
What did unit 1504 last sell for?
AED 1,500,000 on 7 August 2016: AED 1,675 per sqft for 895 sqft. The unit has 3 registered sales; the first was AED 1,553,317 in September 2010.
What is the rent for unit 1504?
AED 98,000 a year on the contract renewed on 25 March 2026. The previous contract, from March 2025, was AED 99,400; the unit has been rented since February 2013.
How big is unit 1504?
895 sqft (83.1 sqm): a one-bedroom apartment on the 15th floor of a 32-storey tower completed in 2008.
What is unit 1504 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 1504, Shemara
Starts from the last sale price (AED 1.5M, 7 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →