3-bed · 1,858 sqftShemara, Dubai Marina · 20th floor · completed 2008

2001, Shemara

Sold prices and rental history: sold 3 times, last in February 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 1 February 2021
Last soldAED 2.18M1 February 2021
Current rentAED 156K /yr8 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, Shemara

What is 2001 worth today?

Last sold for AED 2,180,000 in 2021

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1 Feb 2021SoldReady
AED 2,180,000AED 1,173 per sqft
8 Jun 2020RentedRenewal
AED 156,000/yr12 months · AED 80 per sqft
8 Jun 2019RentedRenewal
AED 172,500/yr12 months · AED 89 per sqft
8 Jun 2018RentedNew contract
AED 180,000/yr12 months · AED 92 per sqft
23 Jul 2009Sold by developerReady
AED 2,400,000AED 1,291 per sqft
23 Jul 2009SoldReady
AED 2,059,888AED 1,108 per sqft

Source: Dubai Land Department. Updated 1 February 2021.

Key facts

Type
3-bed apartment
Size
1,858 sqft
Floor
20th of 32
Parking
P3 - 3079, P3 - 3080
Developer
Emaar
Completed
2008
Service charge
AED 20,600 /yr
Last sold
AED 2.18M · February 2021
Building
Shemara

About 2001, Shemara

2001 is a three-bedroom apartment of 1,858 sqft on the 20th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 1 February 2021 for AED 2,180,000, or AED 1,173 per sqft, in line with the AED 1,192 three-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 8 June 2020, is AED 156,000 a year: a gross yield of 7.2% on the 2021 price, before the service charge of about AED 20,600 a year.

Sales and rents for 2001 over time

Sales
Unit 2001, each saleTypical three-bed in Shemara
2M3M2009201320172021Typical 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, July 2009: AED 2,400,000 (AED 1,291 per sqft)Sold, July 2009: AED 2,059,888 (AED 1,108 per sqft)Sold, February 2021: AED 2,180,000 (AED 1,173 per sqft)

2001 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2001, each contractTypical three-bed in Shemara
150K200K250K2013201720212025Typical 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, June 2018: AED 180,000 a yearRenewal, June 2019: AED 172,500 a yearRenewal, June 2020: AED 156,000 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 2001 sits

All 30 3-beds →

2001 last sold in February 2021 at AED 1,173 per sqft, in line with what three-beds in Shemara were fetching at the time (AED 1,192). 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. 2001's AED 156,000 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 20th floor

All 153 units in Shemara
Value
20022-bedAED 2.96M · Jul 2024
20031-bedAED 1.76M · Apr 2023
20041-bedAED 1.78M · Jun 2024
20052-bedAED 726K · Nov 2009

2001, Shemara in numbers

  • Sold 3 times: first on 23 July 2009 for AED 2,059,888, last on 1 February 2021 for AED 2,180,000 (AED 1,173 per sqft).
  • Rented since June 2018 on 3 Ejari contracts, from AED 180,000 to AED 156,000 a year.
  • At AED 156,000 a year the gross yield on the 2021 price is 7.2%, 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 1 February 2021.

Questions about 2001, Shemara

What did unit 2001 last sell for?

AED 2,180,000 on 1 February 2021: AED 1,173 per sqft for 1,858 sqft. The unit has 3 registered sales; the first was AED 2,059,888 in July 2009.

What is the rent for unit 2001?

AED 156,000 a year on the contract renewed on 8 June 2020. The previous contract, from June 2019, was AED 172,500; the unit has been rented since June 2018.

How big is unit 2001?

1,858 sqft (172.6 sqm): a three-bedroom apartment on the 20th floor of a 32-storey tower completed in 2008.

What is unit 2001 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 2001, Shemara

Starts from the last sale price (AED 2.18M, 1 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,180,000
Deposit, UAE resident (20%)
AED 436,000
Deposit, non-resident (40%)
AED 872,000
Monthly over 25 years at 3.7%
AED 8,919

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