2-bed · 1,410 sqftShemara, Dubai Marina · 18th floor · completed 2008

1802, Shemara

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 8 October 2024
Last soldAED 2.9M8 October 2024
Current rentAED 155K /yr4 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, Shemara

What is 1802 worth today?

Last sold for AED 2,900,000 in 2024

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8 Oct 2024SoldReady
AED 2,900,000AED 2,056 per sqft
4 Nov 2023RentedRenewal
AED 154,932/yr12 months · AED 111 per sqft
4 Nov 2022RentedNew contract
AED 155,000/yr12 months · AED 110 per sqft
7 Nov 2021RentedNew contract
AED 135,000/yr12 months · AED 96 per sqft
1 Dec 2019RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
29 Apr 2014SoldReady
AED 3,100,000AED 2,198 per sqft
20 Aug 2009Sold by developerReady
AED 828,944AED 587 per sqft

Source: Dubai Land Department. Updated 8 October 2024.

Key facts

Type
2-bed apartment
Size
1,410 sqft
Floor
18th of 32
Parking
P2 - 2081
Developer
Emaar
Completed
2008
Service charge
AED 15,700 /yr
Last sold
AED 2.9M · October 2024
Building
Shemara

About 1802, Shemara

1802 is a two-bedroom apartment of 1,410 sqft on the 18th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 8 October 2024 for AED 2,900,000, or AED 2,056 per sqft, in line with the AED 2,056 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 4 November 2023, is AED 154,932 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 15,700 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, each saleTypical two-bed in Shemara
2M2009201420192024Typical sale price by year: 2009 AED 1,415,535; 2010 AED 1,597,500; 2011 AED 1,521,888; 2012 AED 1,650,000; 2013 AED 2,350,000; 2014 AED 3,150,000; 2015 AED 2,550,000; 2017 AED 2,260,000; 2018 AED 1,930,000; 2019 AED 1,650,000; 2021 AED 1,922,500; 2022 AED 2,250,000; 2023 AED 2,400,000; 2024 AED 2,775,000; 2025 AED 2,802,500; 2026 AED 2,845,000Sold by developer, August 2009: AED 828,944 (AED 587 per sqft)Sold, April 2014: AED 3,100,000 (AED 2,198 per sqft)Sold, October 2024: AED 2,900,000 (AED 2,056 per sqft)

1802 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1802, each contractTypical two-bed in Shemara
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 157,625; 2015 AED 165,000; 2016 AED 155,000; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 121,000; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 114,000; 2023 AED 125,294; 2024 AED 154,000; 2025 AED 153,500; 2026 AED 150,924New contract, December 2019: AED 120,000 a yearNew contract, November 2021: AED 135,000 a yearNew contract, November 2022: AED 155,000 a yearRenewal, November 2023: AED 154,932 a year

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 1802 sits

All 61 2-beds →

1802 last sold in October 2024 at AED 2,056 per sqft, in line with what two-beds in Shemara were fetching at the time (AED 2,056). 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. 1802's AED 154,932 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jul 20262,815,000
22 Jun 20262,875,000
15 Apr 20262,750,000
7 Jan 20262,900,000
6 2-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 18th floor

All 153 units in Shemara
Value
18013-bedAED 4.13M · Jan 2015
18031-bedAED 1.8M · Jan 2017
18041-bedAED 2.06M · Dec 2025
18052-bedAED 3M · Mar 2024

1802, Shemara in numbers

  • Sold 3 times: first on 20 August 2009 for AED 828,944, last on 8 October 2024 for AED 2,900,000 (AED 2,056 per sqft).
  • Rented since December 2019 on 4 Ejari contracts, from AED 120,000 to AED 154,932 a year.
  • At AED 154,932 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 15,700 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 8 October 2024.

Questions about 1802, Shemara

What did unit 1802 last sell for?

AED 2,900,000 on 8 October 2024: AED 2,056 per sqft for 1,410 sqft. The unit has 3 registered sales; the first was AED 828,944 in August 2009.

What is the rent for unit 1802?

AED 154,932 a year on the contract renewed on 4 November 2023. The previous contract, from November 2022, was AED 155,000; the unit has been rented since December 2019.

How big is unit 1802?

1,410 sqft (131.0 sqm): a two-bedroom apartment on the 18th floor of a 32-storey tower completed in 2008.

What is unit 1802 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 1802, Shemara

Starts from the last sale price (AED 2.9M, 8 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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