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2-bed · 1,410 sqftShemara, Dubai Marina · 24th floor · completed 2008

2402, Shemara

Sold prices and rental history: sold 3 times, last in May 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2402 · DLD and Ejari recordsUpdated 12 May 2015
Last soldAED 2.67M12 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2402, Shemara

What is 2402 worth today?

Last sold for AED 2,670,000 in 2015

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12 May 2015SoldReady
AED 2,670,000AED 1,893 per sqft
6 Dec 2009Sold by developerReady
AED 1,695,888AED 1,202 per sqft
6 Dec 2009SoldReady
AED 2,025,000AED 1,436 per sqft

Source: Dubai Land Department. Updated 12 May 2015.

Key facts

Type
2-bed apartment
Size
1,410 sqft
Floor
24th of 32
Parking
P1 - 1012
Developer
Emaar
Completed
2008
Service charge
AED 15,700 /yr
Last sold
AED 2.67M · May 2015
Building
Shemara

About 2402, Shemara

2402 is a two-bedroom apartment of 1,410 sqft on the 24th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 12 May 2015 for AED 2,670,000, or AED 1,893 per sqft, in line with the AED 1,893 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2402 over time

Sales
Unit 2402, each saleTypical two-bed in Shemara
2M3M2009201420192024Typical sale price by year: 2009 AED 1,415,535; 2010 AED 1,597,500; 2011 AED 1,521,888; 2012 AED 1,650,000; 2013 AED 2,350,000; 2014 AED 3,150,000; 2015 AED 2,550,000; 2017 AED 2,260,000; 2018 AED 1,930,000; 2019 AED 1,650,000; 2021 AED 1,922,500; 2022 AED 2,250,000; 2023 AED 2,400,000; 2024 AED 2,775,000; 2025 AED 2,802,500; 2026 AED 2,845,000Sold by developer, December 2009: AED 1,695,888 (AED 1,202 per sqft)Sold, December 2009: AED 2,025,000 (AED 1,436 per sqft)Sold, May 2015: AED 2,670,000 (AED 1,893 per sqft)

2402 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2402, each contractTypical two-bed in Shemara
100K150K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 157,625; 2015 AED 165,000; 2016 AED 155,000; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 121,000; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 114,000; 2023 AED 125,294; 2024 AED 154,000; 2025 AED 153,500; 2026 AED 150,924

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 2402 sits

All 61 2-beds →

2402 last sold in May 2015 at AED 1,893 per sqft, in line with what two-beds in Shemara were fetching at the time (AED 1,893). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jul 20262,815,000
22 Jun 20262,875,000
15 Apr 20262,750,000
7 Jan 20262,900,000
6 2-bed sales 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 24th floor

All 153 units in Shemara
Value
24013-bedAED 4.35M · Sep 2025
24031-bedAED 1.04M · Jul 2010
24041-bedAED 1.35M · Sep 2022
24052-bedAED 2.9M · Mar 2010

2402, Shemara in numbers

  • Sold 3 times: first on 6 December 2009 for AED 2,025,000, last on 12 May 2015 for AED 2,670,000 (AED 1,893 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 12 May 2015.

Questions about 2402, Shemara

What did unit 2402 last sell for?

AED 2,670,000 on 12 May 2015: AED 1,893 per sqft for 1,410 sqft. The unit has 3 registered sales; the first was AED 2,025,000 in December 2009.

How big is unit 2402?

1,410 sqft (131.0 sqm): a two-bedroom apartment on the 24th floor of a 32-storey tower completed in 2008.

What is unit 2402 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 2402, Shemara

Starts from the last sale price (AED 2.67M, 12 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,670,000
Deposit, UAE resident (20%)
AED 534,000
Deposit, non-resident (40%)
AED 1,068,000
Monthly over 25 years at 3.7%
AED 10,924

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