2405, Shemara
Sold prices and rental history: sold once, by the developer in March 2010, 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 2405, Shemara
What is 2405 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,350 sqft
- Floor
- 24th of 32
- Parking
- P2 - 2014
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 15,000 /yr
- Last sold
- AED 2.9M · March 2010
- Building
- Shemara
About 2405, Shemara
2405 is a two-bedroom apartment of 1,350 sqft on the 24th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 16 March 2010 for AED 2,900,000, or AED 2,148 per sqft, 118% above the AED 984 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 16 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 136,500 a year: a gross yield of 4.7% on the 2010 price, before the service charge of about AED 15,000 a year.
Sales and rents for 2405 over time
2405 has sold once; the dashed line is the two-bed median of each year in the building.
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 2405 sits
All 61 2-beds →2405 last sold in March 2010 at AED 2,148 per sqft, 118% above what two-beds in Shemara were fetching at the time (AED 984). 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. 2405's AED 136,500 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jul 202614 July 2026 | 1,410 sqft | 2,815,000 | 1,996 | ||
| 22 Jun 202622 June 2026 | 1,410 sqft | 2,875,000 | 2,039 | ||
| 15 Apr 202615 April 2026 | 1,350 sqft | 2,750,000 | 2,037 | ||
| 7 Jan 20267 January 2026 | 1,495 sqft | 2,900,000 | 1,939 |
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 24th floor
All 153 units in Shemara| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 3-bed | 1,858 sqft | AED 4.35MAED 4,350,000 · Sep 2025September 2025 | 230,000 /yr | |
| 2402 | 2-bed | 1,410 sqft | AED 2.67MAED 2,670,000 · May 2015May 2015 | ||
| 2403 | 1-bed | 1,073 sqft | AED 1.04MAED 1,036,888 · Jul 2010July 2010 | 95,000 /yr | |
| 2404 | 1-bed | 895 sqft | AED 1.35MAED 1,350,000 · Sep 2022September 2022 | 110,000 /yr |
2405, Shemara in numbers
- Sold once: by Emaar on 16 March 2010 for AED 2,900,000, or AED 2,148 per sqft.
- Rented since July 2012 on 16 Ejari contracts. The rent fell from AED 130,000 to AED 90,000 in 2021 and recovered to AED 136,500 by August 2026.
- At AED 136,500 a year the gross yield on the 2010 price is 4.7%, before a service charge of about AED 15,000 a year (AED 11.10 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 1 August 2026.
Questions about 2405, Shemara
What did unit 2405 last sell for?
AED 2,900,000 on 16 March 2010, sold by the developer: AED 2,148 per sqft for 1,350 sqft. It is the only registered sale of the unit.
What is the rent for unit 2405?
AED 136,500 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 130,000; the unit has been rented since July 2012.
How big is unit 2405?
1,350 sqft (125.4 sqm): a two-bedroom apartment on the 24th floor of a 32-storey tower completed in 2008.
What is unit 2405 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 2405, Shemara
Starts from the last sale price (AED 2.9M, 16 March 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →