
202, Shemara
Sold prices and rental history: sold twice, last in November 2024, 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 202, Shemara
What is 202 worth today?
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Source: Dubai Land Department. Updated 11 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 3,065 sqft
- Floor
- 2nd of 32
- Parking
- P3 - 3016
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 34,000 /yr
- Last sold
- AED 2.78M · November 2024
- Building
- Shemara
About 202, Shemara
202 is a two-bedroom apartment of 3,065 sqft on the 2nd floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 11 November 2024 for AED 2,775,000, or AED 905 per sqft, 55% below the AED 1,991 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 1 May 2024, is AED 200,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 34,000 a year.
Sales and rents for 202 over time
202 has sold twice; the dashed line is the two-bed median of each year in the building.
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 202 sits
All 61 2-beds →202 last sold in November 2024 at AED 905 per sqft, 55% below what two-beds in Shemara were fetching at the time (AED 1,991). 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. 202's AED 200,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jul 202614 July 2026 | 1,410 sqft | 2,815,000 | 1,996 | ||
| 22 Jun 202622 June 2026 | 1,410 sqft | 2,875,000 | 2,039 | ||
| 15 Apr 202615 April 2026 | 1,350 sqft | 2,750,000 | 2,037 | ||
| 7 Jan 20267 January 2026 | 1,495 sqft | 2,900,000 | 1,939 |
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 2nd floor
All 153 units in Shemara| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,946 sqft | AED 2.6MAED 2,600,000 · Mar 2015March 2015 | 133,403 /yr | |
| 203 | 2-bed | 2,619 sqft | AED 1.22MAED 1,220,000 · Dec 2010December 2010 | 80,000 /yr | |
| 204 | 1-bed | 1,076 sqft | AED 1.65MAED 1,650,000 · May 2023May 2023 | 82,000 /yr | |
| 205 | 1-bed | 905 sqft | AED 719KAED 718,888 · Nov 2010November 2010 | 92,000 /yr |
202, Shemara in numbers
- Sold twice: first on 11 August 2010 for AED 3,452,586, last on 11 November 2024 for AED 2,775,000 (AED 905 per sqft).
- Rented since November 2015 on 9 Ejari contracts. The rent fell from AED 190,000 to AED 125,000 in 2022 and recovered to AED 200,000 by May 2024.
- At AED 200,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 34,000 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 11 November 2024.
Questions about 202, Shemara
What did unit 202 last sell for?
AED 2,775,000 on 11 November 2024: AED 905 per sqft for 3,065 sqft. The unit has 2 registered sales; the first was AED 3,452,586 in August 2010.
What is the rent for unit 202?
AED 200,000 a year on the contract signed on 1 May 2024. The previous contract, from May 2024, was AED 200,000; the unit has been rented since November 2015.
How big is unit 202?
3,065 sqft (284.7 sqm): a two-bedroom apartment on the 2nd floor of a 32-storey tower completed in 2008.
What is unit 202 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 202, Shemara
Starts from the last sale price (AED 2.78M, 11 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,775,000
- Deposit, UAE resident (20%)
- AED 555,000
- Deposit, non-resident (40%)
- AED 1,110,000
- Monthly over 25 years at 3.7%
- AED 11,353
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →