1703, Shemara
Sold prices and rental history: sold once, by the developer in September 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1703, Shemara
What is 1703 worth today?
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Source: Dubai Land Department. Updated 25 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,073 sqft
- Floor
- 17th of 32
- Parking
- P2 - 2094
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 11,900 /yr
- Last sold
- AED 969K · September 2009
- Building
- Shemara
About 1703, Shemara
1703 is a one-bedroom apartment of 1,073 sqft on the 17th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 13 September 2009 for AED 968,888, or AED 903 per sqft, in line with the AED 903 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 25 March 2026, is AED 125,000 a year: a gross yield of 12.9% on the 2009 price, before the service charge of about AED 11,900 a year.
Sales and rents for 1703 over time
1703 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 1703 sits
All 61 1-beds →1703 last sold in September 2009 at AED 903 per sqft, in line with what one-beds in Shemara were fetching at the time (AED 903). 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. 1703's AED 125,000 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 17th floor
All 153 units in Shemara| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 3-bed | 1,858 sqft | AED 2.04MAED 2,040,888 · Aug 2010August 2010 | 225,000 /yr | |
| 1702 | 2-bed | 1,410 sqft | AED 2.48MAED 2,475,000 · Jun 2017June 2017 | 175,000 /yr | |
| 1704 | 1-bed | 895 sqft | AED 1.9MAED 1,900,000 · Mar 2025March 2025 | 100,000 /yr | |
| 1705 | 2-bed | 1,350 sqft | AED 2.6MAED 2,600,000 · Nov 2025November 2025 | 130,866 /yr |
1703, Shemara in numbers
- Sold once: by Emaar on 13 September 2009 for AED 968,888, or AED 903 per sqft.
- Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 105,000 to AED 80,000 in 2020 and recovered to AED 125,000 by March 2026.
- At AED 125,000 a year the gross yield on the 2009 price is 12.9%, before a service charge of about AED 11,900 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 1703, Shemara
What did unit 1703 last sell for?
AED 968,888 on 13 September 2009, sold by the developer: AED 903 per sqft for 1,073 sqft. It is the only registered sale of the unit.
What is the rent for unit 1703?
AED 125,000 a year on the contract renewed on 25 March 2026. The previous contract, from March 2025, was AED 125,000; the unit has been rented since July 2015.
How big is unit 1703?
1,073 sqft (99.7 sqm): a one-bedroom apartment on the 17th floor of a 32-storey tower completed in 2008.
What is unit 1703 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 1703, Shemara
Starts from the last sale price (AED 969K, 13 September 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 968,888
- Deposit, UAE resident (20%)
- AED 193,778
- Deposit, non-resident (40%)
- AED 387,555
- Monthly over 25 years at 3.7%
- AED 3,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →