2304, Shemara
Sold prices and rental history: sold 3 times, last in January 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2304, Shemara
What is 2304 worth today?
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Source: Dubai Land Department. Updated 26 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 895 sqft
- Floor
- 23rd of 32
- Parking
- P1 - 1024
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 9,900 /yr
- Last sold
- AED 1.03M · January 2021
- Building
- Shemara
About 2304, Shemara
2304 is a one-bedroom apartment of 895 sqft on the 23rd floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 13 January 2021 for AED 1,030,000, or AED 1,150 per sqft.
It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 26 March 2026, is AED 110,000 a year: a gross yield of 10.7% on the 2021 price, before the service charge of about AED 9,900 a year.
Sales and rents for 2304 over time
2304 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 2304 sits
All 61 1-beds →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. 2304's AED 110,000 is in the lower 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 | |
| 2303 | 1-bed | 1,073 sqft | AED 2.01MAED 2,010,000 · Aug 2023August 2023 | 140,000 /yr | |
| 2305 | 2-bed | 1,350 sqft | AED 1.65MAED 1,650,000 · Mar 2012March 2012 | 125,000 /yr |
2304, Shemara in numbers
- Sold 3 times: first on 13 October 2009 for AED 770,695, last on 13 January 2021 for AED 1,030,000 (AED 1,150 per sqft).
- Rented since October 2012 on 6 Ejari contracts, from AED 80,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2021 price is 10.7%, before a service charge of about AED 9,900 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 26 March 2026.
Questions about 2304, Shemara
What did unit 2304 last sell for?
AED 1,030,000 on 13 January 2021: AED 1,150 per sqft for 895 sqft. The unit has 3 registered sales; the first was AED 770,695 in October 2009.
What is the rent for unit 2304?
AED 110,000 a year on the contract signed on 26 March 2026. The previous contract, from December 2024, was AED 130,000; the unit has been rented since October 2012.
How big is unit 2304?
895 sqft (83.1 sqm): a one-bedroom apartment on the 23rd floor of a 32-storey tower completed in 2008.
What is unit 2304 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 2304, Shemara
Starts from the last sale price (AED 1.03M, 13 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,030,000
- Deposit, UAE resident (20%)
- AED 206,000
- Deposit, non-resident (40%)
- AED 412,000
- Monthly over 25 years at 3.7%
- AED 4,214
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →