1605, Shemara
Sold prices and rental history: sold twice, last in May 2022, 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 1605, Shemara
What is 1605 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,350 sqft
- Floor
- 16th of 32
- Parking
- P1 - 1043
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 15,000 /yr
- Last sold
- AED 2.25M · May 2022
- Building
- Shemara
About 1605, Shemara
1605 is a two-bedroom apartment of 1,350 sqft on the 16th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 31 May 2022 for AED 2,250,000, or AED 1,666 per sqft, 17% above the AED 1,418 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 15 September 2026, is AED 150,000 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 15,000 a year.
Sales and rents for 1605 over time
1605 has sold twice; 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 1605 sits
All 61 2-beds →1605 last sold in May 2022 at AED 1,666 per sqft, 17% above what two-beds in Shemara were fetching at the time (AED 1,418). 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. 1605's AED 150,000 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 16th floor
All 153 units in Shemara| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,858 sqft | AED 3.55MAED 3,550,000 · Aug 2021August 2021 | 270,000 /yr | |
| 1602 | 2-bed | 1,410 sqft | AED 1.64MAED 1,644,888 · Nov 2011November 2011 | 140,000 /yr | |
| 1603 | 1-bed | 1,073 sqft | AED 1.39MAED 1,385,000 · Dec 2012December 2012 | ||
| 1604 | 1-bed | 895 sqft | AED 791KAED 790,888 · Aug 2009August 2009 | 99,000 /yr |
1605, Shemara in numbers
- Sold twice: first on 23 February 2010 for AED 1,292,901, last on 31 May 2022 for AED 2,250,000 (AED 1,666 per sqft).
- Rented since August 2014 on 9 Ejari contracts. The rent fell from AED 170,000 to AED 90,000 in 2021 and recovered to AED 150,000 by September 2026.
- At AED 150,000 a year the gross yield on the 2022 price is 6.7%, 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 15 September 2026.
Questions about 1605, Shemara
What did unit 1605 last sell for?
AED 2,250,000 on 31 May 2022: AED 1,666 per sqft for 1,350 sqft. The unit has 2 registered sales; the first was AED 1,292,901 in February 2010.
What is the rent for unit 1605?
AED 150,000 a year on the contract signed on 15 September 2026. The previous contract, from October 2021, was AED 120,000; the unit has been rented since August 2014.
How big is unit 1605?
1,350 sqft (125.4 sqm): a two-bedroom apartment on the 16th floor of a 32-storey tower completed in 2008.
What is unit 1605 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 1605, Shemara
Starts from the last sale price (AED 2.25M, 31 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,250,000
- Deposit, UAE resident (20%)
- AED 450,000
- Deposit, non-resident (40%)
- AED 900,000
- Monthly over 25 years at 3.7%
- AED 9,205
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →