3-bed · 1,858 sqftShemara, Dubai Marina · 22nd floor · completed 2008

2201, Shemara

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 5 July 2022
Last soldAED 3.08M5 July 2022
Current rentAED 140K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2201, Shemara

What is 2201 worth today?

Last sold for AED 3,080,000 in 2022

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5 Jul 2022SoldReady
AED 3,080,000AED 1,657 per sqft
1 Sep 2021RentedRenewal
AED 139,612/yr12 months · AED 75 per sqft
1 Sep 2020RentedNew contract
AED 135,000/yr12 months · AED 73 per sqft
16 Jul 2020SoldReady
AED 2,250,000AED 1,211 per sqft
5 Dec 2018RentedNew contract
AED 185,000/yr12 months · AED 99 per sqft
1 Aug 2017RentedNew contract
AED 202,400/yr12 months · AED 109 per sqft
1 Aug 2015RentedNew contract
AED 202,400/yr12 months · AED 109 per sqft
10 Oct 2011Sold by developerReady
AED 2,072,888AED 1,115 per sqft

Source: Dubai Land Department. Updated 5 July 2022.

Key facts

Type
3-bed apartment
Size
1,858 sqft
Floor
22nd of 32
Parking
P2 - 2018, P2 - 2019
Developer
Emaar
Completed
2008
Service charge
AED 20,600 /yr
Last sold
AED 3.08M · July 2022
Building
Shemara

About 2201, Shemara

2201 is a three-bedroom apartment of 1,858 sqft on the 22nd floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 5 July 2022 for AED 3,080,000, or AED 1,657 per sqft, 9% below the AED 1,823 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 1 September 2021, is AED 139,612 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 20,600 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, 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, October 2011: AED 2,072,888 (AED 1,115 per sqft)Sold, July 2020: AED 2,250,000 (AED 1,211 per sqft)Sold, July 2022: AED 3,080,000 (AED 1,657 per sqft)

2201 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2201, 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, August 2015: AED 202,400 a yearNew contract, August 2017: AED 202,400 a yearNew contract, December 2018: AED 185,000 a yearNew contract, September 2020: AED 135,000 a yearRenewal, September 2021: AED 139,612 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 2201 sits

All 30 3-beds →

2201 last sold in July 2022 at AED 1,657 per sqft, 9% below what three-beds in Shemara were fetching at the time (AED 1,823). 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. 2201's AED 139,612 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 22nd floor

All 153 units in Shemara
Value
22022-bedAED 2.92M · May 2025
22031-bedAED 1.44M · Aug 2021
22041-bedAED 1.3M · Dec 2017
22052-bedAED 2.65M · Aug 2023

2201, Shemara in numbers

  • Sold 3 times: first on 10 October 2011 for AED 2,072,888, last on 5 July 2022 for AED 3,080,000 (AED 1,657 per sqft).
  • Rented since August 2015 on 5 Ejari contracts, from AED 202,400 to AED 139,612 a year.
  • At AED 139,612 a year the gross yield on the 2022 price is 4.5%, 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 5 July 2022.

Questions about 2201, Shemara

What did unit 2201 last sell for?

AED 3,080,000 on 5 July 2022: AED 1,657 per sqft for 1,858 sqft. The unit has 3 registered sales; the first was AED 2,072,888 in October 2011.

What is the rent for unit 2201?

AED 139,612 a year on the contract renewed on 1 September 2021. The previous contract, from September 2020, was AED 135,000; the unit has been rented since August 2015.

How big is unit 2201?

1,858 sqft (172.6 sqm): a three-bedroom apartment on the 22nd floor of a 32-storey tower completed in 2008.

What is unit 2201 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 2201, Shemara

Starts from the last sale price (AED 3.08M, 5 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,080,000
Deposit, UAE resident (20%)
AED 616,000
Deposit, non-resident (40%)
AED 1,232,000
Monthly over 25 years at 3.7%
AED 12,601

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