1-bed · 895 sqftShemara, Dubai Marina · 17th floor · completed 2008

1704, Shemara

Sold prices and rental history: sold 3 times, last in March 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 1.9M12 March 2025
Current rentAED 100K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1704, Shemara

What is 1704 worth today?

Last sold for AED 1,900,000 in 2025

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15 Jun 2026RentedRenewal
AED 100,000/yr12 months · AED 112 per sqft
15 Jun 2025RentedNew contract
AED 115,000/yr12 months · AED 128 per sqft
15 Jun 2025RentedNew contract
AED 115,000/yr12 months · AED 128 per sqft
12 Mar 2025SoldReady
AED 1,900,000AED 2,122 per sqft
16 Jul 2021RentedRenewal
AED 88,000/yr12 months · AED 98 per sqft
16 Jul 2020RentedRenewal
AED 75,000/yr12 months · AED 84 per sqft
16 Jul 2019RentedNew contract
AED 85,500/yr12 months · AED 96 per sqft
10 May 2018RentedNew contract
AED 95,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
1-bed apartment
Size
895 sqft
Floor
17th of 32
Parking
P1 - 1032
Developer
Emaar
Completed
2008
Service charge
AED 9,900 /yr
Last sold
AED 1.9M · March 2025
Building
Shemara

About 1704, Shemara

1704 is a one-bedroom apartment of 895 sqft on the 17th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 12 March 2025 for AED 1,900,000, or AED 2,122 per sqft, 7% above the AED 1,989 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 15 June 2026, is AED 100,000 a year: a gross yield of 5.3% on the 2025 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, each saleTypical one-bed in Shemara
1M2M2009201420192024Typical sale price by year: 2009 AED 886,315; 2010 AED 1,030,000; 2011 AED 906,888; 2012 AED 1,296,500; 2013 AED 1,350,000; 2014 AED 1,837,500; 2015 AED 1,007,500; 2016 AED 1,500,000; 2017 AED 1,685,000; 2018 AED 1,500,000; 2021 AED 1,182,500; 2023 AED 1,650,000; 2024 AED 1,730,000; 2025 AED 2,104,000Sold by developer, August 2010: AED 795,888 (AED 889 per sqft)Sold, October 2016: AED 1,450,000 (AED 1,620 per sqft)Sold, March 2025: AED 1,900,000 (AED 2,122 per sqft)

1704 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1704, each contractTypical one-bed in Shemara
100K2013201720212025Typical rent by year: 2013 AED 100,000; 2014 AED 117,339; 2015 AED 120,000; 2016 AED 115,000; 2017 AED 115,000; 2018 AED 105,000; 2019 AED 87,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 86,000; 2023 AED 115,000; 2024 AED 120,000; 2025 AED 121,000; 2026 AED 110,000New contract, March 2014: AED 110,000 a yearNew contract, February 2017: AED 135,000 a yearNew contract, May 2018: AED 95,000 a yearNew contract, July 2019: AED 85,500 a yearRenewal, July 2020: AED 75,000 a yearRenewal, July 2021: AED 88,000 a yearNew contract, June 2025: AED 115,000 a yearNew contract, June 2025: AED 115,000 a yearRenewal, June 2026: AED 100,000 a year

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 1704 sits

All 61 1-beds →

1704 last sold in March 2025 at AED 2,122 per sqft, 7% above what one-beds in Shemara were fetching at the time (AED 1,989). 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. 1704's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 202618,610
27 Feb 20261,840,000
13 Jan 202638,494
12 Dec 20252,058,000
5 1-bed sales in the last 12 months

Shemara

Building

153 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%
Shemara, Dubai Marina: prices, sales and rents →

Other units on the 17th floor

All 153 units in Shemara
Value
17013-bedAED 2.04M · Aug 2010
17022-bedAED 2.48M · Jun 2017
17031-bedAED 969K · Sep 2009
17052-bedAED 2.6M · Nov 2025

1704, Shemara in numbers

  • Sold 3 times: first on 9 August 2010 for AED 795,888, last on 12 March 2025 for AED 1,900,000 (AED 2,122 per sqft).
  • Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 75,000 in 2020 and recovered to AED 100,000 by June 2026.
  • At AED 100,000 a year the gross yield on the 2025 price is 5.3%, 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 15 June 2026.

Questions about 1704, Shemara

What did unit 1704 last sell for?

AED 1,900,000 on 12 March 2025: AED 2,122 per sqft for 895 sqft. The unit has 3 registered sales; the first was AED 795,888 in August 2010.

What is the rent for unit 1704?

AED 100,000 a year on the contract renewed on 15 June 2026. The previous contract, from June 2025, was AED 115,000; the unit has been rented since March 2014.

How big is unit 1704?

895 sqft (83.1 sqm): a one-bedroom apartment on the 17th floor of a 32-storey tower completed in 2008.

What is unit 1704 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 1704, Shemara

Starts from the last sale price (AED 1.9M, 12 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →