1-bed · 1,073 sqftShemara, Dubai Marina · 24th floor · completed 2008

2403, Shemara

Sold prices and rental history: sold twice, last in July 2010, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 22 August 2026
Last soldAED 1.28M27 July 2010
Current rentAED 95K /yr22 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Shemara

What is 2403 worth today?

Last sold for AED 1,275,000 in 2010

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22 Aug 2026RentedNew contract
AED 95,000/yr12 months · AED 89 per sqft
27 Jul 2010Sold by developerReady
AED 1,275,000AED 1,188 per sqft
27 Jul 2010SoldReady
AED 1,036,888AED 966 per sqft

Source: Dubai Land Department. Updated 22 August 2026.

Key facts

Type
1-bed apartment
Size
1,073 sqft
Floor
24th of 32
Parking
P2 - 2003
Developer
Emaar
Completed
2008
Service charge
AED 11,900 /yr
Last sold
AED 1.28M · July 2010
Building
Shemara

About 2403, Shemara

2403 is a one-bedroom apartment of 1,073 sqft on the 24th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 27 July 2010 for AED 1,275,000, or AED 1,188 per sqft, 32% above the AED 903 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 August 2026. The current contract, signed on 22 August 2026, is AED 95,000 a year: a gross yield of 7.4% on the 2010 price, before the service charge of about AED 11,900 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, each saleTypical one-bed in Shemara
1M2M2009201420192024Typical sale price by year: 2009 AED 886,315; 2010 AED 1,030,000; 2011 AED 906,888; 2012 AED 1,296,500; 2013 AED 1,350,000; 2014 AED 1,837,500; 2015 AED 1,007,500; 2016 AED 1,500,000; 2017 AED 1,685,000; 2018 AED 1,500,000; 2021 AED 1,182,500; 2023 AED 1,650,000; 2024 AED 1,730,000; 2025 AED 2,104,000Sold by developer, July 2010: AED 1,275,000 (AED 1,188 per sqft)Sold, July 2010: AED 1,036,888 (AED 966 per sqft)

2403 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2403, each contractTypical one-bed in Shemara
80K100K120K2013201720212025Typical rent by year: 2013 AED 100,000; 2014 AED 117,339; 2015 AED 120,000; 2016 AED 115,000; 2017 AED 115,000; 2018 AED 105,000; 2019 AED 87,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 86,000; 2023 AED 115,000; 2024 AED 120,000; 2025 AED 121,000; 2026 AED 110,000New contract, August 2026: AED 95,000 a year

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 2403 sits

All 61 1-beds →

2403 last sold in July 2010 at AED 1,188 per sqft, 32% above what one-beds in Shemara were fetching at the time (AED 903). 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. 2403's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 202618,610
27 Feb 20261,840,000
13 Jan 202638,494
12 Dec 20252,058,000
5 1-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
24022-bedAED 2.67M · May 2015
24041-bedAED 1.35M · Sep 2022
24052-bedAED 2.9M · Mar 2010

2403, Shemara in numbers

  • Sold twice: first on 27 July 2010 for AED 1,036,888, last on 27 July 2010 for AED 1,275,000 (AED 1,188 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2010 price is 7.4%, 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 22 August 2026.

Questions about 2403, Shemara

What did unit 2403 last sell for?

AED 1,275,000 on 27 July 2010, sold by the developer: AED 1,188 per sqft for 1,073 sqft. The unit has 2 registered sales; the first was AED 1,036,888 in July 2010.

What is the rent for unit 2403?

AED 95,000 a year on the contract signed on 22 August 2026.

How big is unit 2403?

1,073 sqft (99.7 sqm): a one-bedroom apartment on the 24th floor of a 32-storey tower completed in 2008.

What is unit 2403 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 2403, Shemara

Starts from the last sale price (AED 1.28M, 27 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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