1601, Shemara
Sold prices and rental history: sold 4 times, last in August 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Shemara
What is 1601 worth today?
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Source: Dubai Land Department. Updated 14 September 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,858 sqft
- Floor
- 16th of 32
- Parking
- P4 - 4049, P4 - 4050
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,600 /yr
- Last sold
- AED 3.55M · August 2021
- Building
- Shemara
About 1601, Shemara
1601 is a three-bedroom apartment of 1,858 sqft on the 16th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 8 August 2021 for AED 3,550,000, or AED 1,910 per sqft, 59% above the AED 1,205 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 14 September 2026, is AED 270,000 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 20,600 a year.
Sales and rents for 1601 over time
1601 has sold 4 times; the dashed line is the three-bed median of each year in the building.
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 1601 sits
All 30 3-beds →1601 last sold in August 2021 at AED 1,910 per sqft, 59% above what three-beds in Shemara were fetching at the time (AED 1,205). 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. 1601's AED 270,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 1,858 sqft | 4,800,000 | 2,583 | ||
| 26 Sep 202526 September 2025 | 1,858 sqft | 4,350,000 | 2,341 | ||
| 30 Jun 202530 June 2025 | 1,858 sqft | 4,250,000 | 2,287 | ||
| 22 May 202422 May 2024 | 1,858 sqft | 4,450,000 | 2,395 |
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 16th floor
All 153 units in Shemara1601, Shemara in numbers
- Sold 4 times: first on 11 July 2010 for AED 1,017,444, last on 8 August 2021 for AED 3,550,000 (AED 1,910 per sqft).
- Rented since January 2014 on 13 Ejari contracts. The rent fell from AED 220,000 to AED 190,000 in 2020 and recovered to AED 270,000 by September 2026.
- At AED 270,000 a year the gross yield on the 2021 price is 7.6%, before a service charge of about AED 20,600 a year (AED 11.10 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 14 September 2026.
Questions about 1601, Shemara
What did unit 1601 last sell for?
AED 3,550,000 on 8 August 2021: AED 1,910 per sqft for 1,858 sqft. The unit has 4 registered sales; the first was AED 1,017,444 in July 2010.
What is the rent for unit 1601?
AED 270,000 a year on the contract renewed on 14 September 2026. The previous contract, from September 2025, was AED 268,508; the unit has been rented since January 2014.
How big is unit 1601?
1,858 sqft (172.6 sqm): a three-bedroom apartment on the 16th floor of a 32-storey tower completed in 2008.
What is unit 1601 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 1601, Shemara
Starts from the last sale price (AED 3.55M, 8 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,550,000
- Deposit, UAE resident (20%)
- AED 710,000
- Deposit, non-resident (40%)
- AED 1,420,000
- Monthly over 25 years at 3.7%
- AED 14,524
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →