203, Shemara
Sold prices and rental history: sold twice, last in December 2010, 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 203, Shemara
What is 203 worth today?
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Source: Dubai Land Department. Updated 3 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,619 sqft
- Floor
- 2nd of 32
- Parking
- P3 - 3013
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 29,100 /yr
- Last sold
- AED 1.89M · December 2010
- Building
- Shemara
About 203, Shemara
203 is a two-bedroom apartment of 2,619 sqft on the 2nd floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 7 December 2010 for AED 1,890,888, or AED 721 per sqft, 36% below the AED 1,130 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 3 October 2025, is AED 80,000 a year: a gross yield of 4.2% on the 2010 price, before the service charge of about AED 29,100 a year.
Sales and rents for 203 over time
203 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 203 sits
All 61 2-beds →203 last sold in December 2010 at AED 721 per sqft, 36% below what two-beds in Shemara were fetching at the time (AED 1,130). 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. 203's AED 80,000 is at the bottom 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 | |
| 202 | 2-bed | 3,065 sqft | AED 2.78MAED 2,775,000 · Nov 2024November 2024 | 200,000 /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 |
203, Shemara in numbers
- Sold twice: first on 7 December 2010 for AED 1,220,000, last on 7 December 2010 for AED 1,890,888 (AED 721 per sqft).
- Rented since May 2015 on 7 Ejari contracts, from AED 170,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2010 price is 4.2%, before a service charge of about AED 29,100 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 3 October 2025.
Questions about 203, Shemara
What did unit 203 last sell for?
AED 1,890,888 on 7 December 2010, sold by the developer: AED 721 per sqft for 2,619 sqft. The unit has 2 registered sales; the first was AED 1,220,000 in December 2010.
What is the rent for unit 203?
AED 80,000 a year on the contract renewed on 3 October 2025. The previous contract, from October 2024, was AED 80,000; the unit has been rented since May 2015.
How big is unit 203?
2,619 sqft (243.3 sqm): a two-bedroom apartment on the 2nd floor of a 32-storey tower completed in 2008.
What is unit 203 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 203, Shemara
Starts from the last sale price (AED 1.89M, 7 December 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,890,888
- Deposit, UAE resident (20%)
- AED 378,178
- Deposit, non-resident (40%)
- AED 756,355
- Monthly over 25 years at 3.7%
- AED 7,736
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →