1-bed · 895 sqftShemara, Dubai Marina · 24th floor · completed 2008

2404, Shemara

Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 25 June 2026
Last soldAED 1.35M20 September 2022
Current rentAED 110K /yr25 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Shemara

What is 2404 worth today?

Last sold for AED 1,350,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Jun 2026RentedNew contract
AED 110,000/yr12 months · AED 123 per sqft
19 Sep 2023RentedNew contract
AED 112,500/yr12 months · AED 126 per sqft
20 Sep 2022SoldReady
AED 1,350,000AED 1,508 per sqft
31 Aug 2022RentedRenewal
AED 83,000/yr12 months · AED 93 per sqft
1 Sep 2021RentedNew contract
AED 75,202/yr12 months · AED 84 per sqft
16 Aug 2020RentedNew contract
AED 63,000/yr12 months · AED 71 per sqft
1 Jun 2018RentedRenewal
AED 110,000/yr12 months · AED 123 per sqft
1 Jun 2017RentedRenewal
AED 110,000/yr12 months · AED 123 per sqft

Source: Dubai Land Department. Updated 25 June 2026.

Key facts

Type
1-bed apartment
Size
895 sqft
Floor
24th of 32
Parking
P1 - 1023
Developer
Emaar
Completed
2008
Service charge
AED 9,900 /yr
Last sold
AED 1.35M · September 2022
Building
Shemara

About 2404, Shemara

2404 is a one-bedroom apartment of 895 sqft on the 24th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 20 September 2022 for AED 1,350,000, or AED 1,508 per sqft.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 25 June 2026, is AED 110,000 a year: a gross yield of 8.2% on the 2022 price, before the service charge of about AED 9,900 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, 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, November 2009: AED 823,888 (AED 920 per sqft)Sold, November 2009: AED 1,250,000 (AED 1,396 per sqft)Sold, September 2022: AED 1,350,000 (AED 1,508 per sqft)

2404 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2404, each contractTypical one-bed in Shemara
100K2013201720212025Typical 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, June 2016: AED 110,000 a yearRenewal, June 2017: AED 110,000 a yearRenewal, June 2018: AED 110,000 a yearNew contract, August 2020: AED 63,000 a yearNew contract, September 2021: AED 75,202 a yearRenewal, August 2022: AED 83,000 a yearNew contract, September 2023: AED 112,500 a yearNew contract, June 2026: AED 110,000 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 2404 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. 2404's AED 110,000 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
24031-bedAED 1.04M · Jul 2010
24052-bedAED 2.9M · Mar 2010

2404, Shemara in numbers

  • Sold 3 times: first on 9 November 2009 for AED 1,250,000, last on 20 September 2022 for AED 1,350,000 (AED 1,508 per sqft).
  • Rented since June 2016 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 63,000 in 2020 and recovered to AED 110,000 by June 2026.
  • At AED 110,000 a year the gross yield on the 2022 price is 8.2%, 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 25 June 2026.

Questions about 2404, Shemara

What did unit 2404 last sell for?

AED 1,350,000 on 20 September 2022: AED 1,508 per sqft for 895 sqft. The unit has 3 registered sales; the first was AED 1,250,000 in November 2009.

What is the rent for unit 2404?

AED 110,000 a year on the contract signed on 25 June 2026. The previous contract, from September 2023, was AED 112,500; the unit has been rented since June 2016.

How big is unit 2404?

895 sqft (83.1 sqm): a one-bedroom apartment on the 24th floor of a 32-storey tower completed in 2008.

What is unit 2404 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.

Selling 2404? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2404, Shemara

Starts from the last sale price (AED 1.35M, 20 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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