2303, Shemara
Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2303, Shemara
What is 2303 worth today?
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Source: Dubai Land Department. Updated 12 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,073 sqft
- Floor
- 23rd of 32
- Parking
- P2 - 2100
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 11,900 /yr
- Last sold
- AED 2.01M · August 2023
- Building
- Shemara
About 2303, Shemara
2303 is a one-bedroom apartment of 1,073 sqft on the 23rd floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 2 August 2023 for AED 2,010,000, or AED 1,873 per sqft, 22% above the AED 1,533 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 12 November 2025, is AED 140,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 11,900 a year.
Sales and rents for 2303 over time
2303 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Shemara, and where 2303 sits
All 61 1-beds →2303 last sold in August 2023 at AED 1,873 per sqft, 22% above what one-beds in Shemara were fetching at the time (AED 1,533). Over the last 12 months one-beds sold for AED 1,840,000 to 2,300,000, around AED 2,299 per sqft, and rent for AED 85,000 to 170,000 a year. 2303's AED 140,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 895 sqft | 18,610 | 20 | ||
| 27 Feb 202627 February 2026 | 895 sqft | 1,840,000 | 2,055 | ||
| 13 Jan 202613 January 2026 | 895 sqft | 38,494 | 43 | ||
| 12 Dec 202512 December 2025 | 895 sqft | 2,058,000 | 2,299 |
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 23rd floor
All 153 units in Shemara| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 3-bed | 1,858 sqft | AED 4.1MAED 4,100,000 · Jun 2010June 2010 | 200,000 /yr | |
| 2302 | 2-bed | 1,410 sqft | AED 2.98MAED 2,975,000 · Mar 2025March 2025 | 120,000 /yr | |
| 2304 | 1-bed | 895 sqft | AED 1.03MAED 1,030,000 · Jan 2021January 2021 | 110,000 /yr | |
| 2305 | 2-bed | 1,350 sqft | AED 1.65MAED 1,650,000 · Mar 2012March 2012 | 125,000 /yr |
2303, Shemara in numbers
- Sold 3 times: first on 9 October 2014 for AED 1,971,805, last on 2 August 2023 for AED 2,010,000 (AED 1,873 per sqft).
- Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 135,000 to AED 50,000 in 2021 and recovered to AED 140,000 by November 2025.
- At AED 140,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 11,900 a year (AED 11.10 per sqft).
- One-beds in Shemara sold for AED 1,840,000–2,300,000 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 12 November 2025.
Questions about 2303, Shemara
What did unit 2303 last sell for?
AED 2,010,000 on 2 August 2023: AED 1,873 per sqft for 1,073 sqft. The unit has 3 registered sales; the first was AED 1,971,805 in October 2014.
What is the rent for unit 2303?
AED 140,000 a year on the contract signed on 12 November 2025. The previous contract, from November 2021, was AED 50,000; the unit has been rented since November 2014.
How big is unit 2303?
1,073 sqft (99.7 sqm): a one-bedroom apartment on the 23rd floor of a 32-storey tower completed in 2008.
What is unit 2303 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Shemara sold for AED 1,840,000 to 2,300,000 in the last 12 months, around AED 2,299 per sqft.
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Mortgage on 2303, Shemara
Starts from the last sale price (AED 2.01M, 2 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,010,000
- Deposit, UAE resident (20%)
- AED 402,000
- Deposit, non-resident (40%)
- AED 804,000
- Monthly over 25 years at 3.7%
- AED 8,224
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →