3-bed · 1,858 sqftShemara, Dubai Marina · 19th floor · completed 2008

1901, Shemara

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1901 · DLD and Ejari recordsUpdated 8 January 2024
Last soldAED 3.87M8 January 2024
Current rentAED 195K /yr3 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1901, Shemara

What is 1901 worth today?

Last sold for AED 3,865,000 in 2024

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8 Jan 2024SoldReady
AED 3,865,000AED 2,080 per sqft
3 Jun 2022RentedRenewal
AED 194,500/yr12 months · AED 104 per sqft
3 Jun 2021RentedRenewal
AED 174,000/yr12 months · AED 93 per sqft
3 Jun 2020RentedRenewal
AED 178,000/yr12 months · AED 96 per sqft
3 Jun 2019RentedNew contract
AED 178,000/yr12 months · AED 96 per sqft
15 Aug 2018RentedRenewal
AED 264,000/yr6 months · AED 142 per sqft
15 Aug 2017RentedRenewal
AED 264,000/yr12 months · AED 142 per sqft
15 Aug 2016RentedRenewal
AED 264,000/yr12 months · AED 142 per sqft

Source: Dubai Land Department. Updated 8 January 2024.

Key facts

Type
3-bed apartment
Size
1,858 sqft
Floor
19th of 32
Parking
P4 - 4033, P4 - 4034
Developer
Emaar
Completed
2008
Service charge
AED 20,600 /yr
Last sold
AED 3.87M · January 2024
Building
Shemara

About 1901, Shemara

1901 is a three-bedroom apartment of 1,858 sqft on the 19th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 8 January 2024 for AED 3,865,000, or AED 2,080 per sqft, 6% above the AED 1,964 three-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 3 June 2022, is AED 194,500 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 20,600 a year.

Sales and rents for 1901 over time

Sales
Unit 1901, each saleTypical three-bed in Shemara
2M3M4M2009201320172021Typical sale price by year: 2009 AED 2,097,888; 2010 AED 2,837,500; 2011 AED 2,261,444; 2013 AED 3,487,500; 2020 AED 2,250,000; 2022 AED 3,275,000; 2023 AED 3,600,000Sold by developer, August 2009: AED 1,840,000 (AED 990 per sqft)Sold, October 2009: AED 2,830,000 (AED 1,523 per sqft)Sold, January 2024: AED 3,865,000 (AED 2,080 per sqft)

1901 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1901, each contractTypical three-bed in Shemara
200K2013201720212025Typical rent by year: 2013 AED 230,000; 2014 AED 230,000; 2015 AED 238,674; 2016 AED 239,668; 2017 AED 230,000; 2018 AED 205,000; 2019 AED 178,000; 2020 AED 158,181; 2021 AED 150,000; 2022 AED 175,000; 2023 AED 220,000; 2024 AED 230,000; 2025 AED 230,769; 2026 AED 240,385New contract, August 2014: AED 264,000 a yearNew contract, August 2015: AED 264,000 a yearRenewal, August 2016: AED 264,000 a yearRenewal, August 2017: AED 264,000 a yearRenewal, August 2018: AED 264,000 a yearNew contract, June 2019: AED 178,000 a yearRenewal, June 2020: AED 178,000 a yearRenewal, June 2021: AED 174,000 a yearRenewal, June 2022: AED 194,500 a year

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 1901 sits

All 30 3-beds →

1901 last sold in January 2024 at AED 2,080 per sqft, 6% above what three-beds in Shemara were fetching at the time (AED 1,964). 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. 1901's AED 194,500 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Feb 20264,800,000
26 Sep 20254,350,000
30 Jun 20254,250,000
22 May 20244,450,000
1 3-bed sale 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 19th floor

All 153 units in Shemara
Value
19022-bedAED 2.82M · Jul 2026
19031-bedAED 950K · May 2010
19041-bedAED 1.88M · Nov 2014
19052-bedAED 700K · Aug 2010

1901, Shemara in numbers

  • Sold 3 times: first on 10 August 2009 for AED 1,840,000, last on 8 January 2024 for AED 3,865,000 (AED 2,080 per sqft).
  • Rented since August 2014 on 9 Ejari contracts. The rent fell from AED 264,000 to AED 174,000 in 2021 and recovered to AED 194,500 by June 2022.
  • At AED 194,500 a year the gross yield on the 2024 price is 5.0%, 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 8 January 2024.

Questions about 1901, Shemara

What did unit 1901 last sell for?

AED 3,865,000 on 8 January 2024: AED 2,080 per sqft for 1,858 sqft. The unit has 3 registered sales; the first was AED 1,840,000 in August 2009.

What is the rent for unit 1901?

AED 194,500 a year on the contract renewed on 3 June 2022. The previous contract, from June 2021, was AED 174,000; the unit has been rented since August 2014.

How big is unit 1901?

1,858 sqft (172.6 sqm): a three-bedroom apartment on the 19th floor of a 32-storey tower completed in 2008.

What is unit 1901 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 1901, Shemara

Starts from the last sale price (AED 3.87M, 8 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,865,000
Deposit, UAE resident (20%)
AED 773,000
Deposit, non-resident (40%)
AED 1,546,000
Monthly over 25 years at 3.7%
AED 15,813

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