2504, Shemara
Sold prices and rental history: sold twice, last in July 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2504, Shemara
What is 2504 worth today?
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Source: Dubai Land Department. Updated 14 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 895 sqft
- Floor
- 25th of 32
- Parking
- P1 - 1022
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 9,900 /yr
- Last sold
- AED 1.4M · July 2009
- Building
- Shemara
About 2504, Shemara
2504 is a one-bedroom apartment of 895 sqft on the 25th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 21 July 2009 for AED 1,400,000, or AED 1,564 per sqft, in line with the AED 1,564 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 14 October 2024, is AED 91,500 a year: a gross yield of 6.5% on the 2009 price, before the service charge of about AED 9,900 a year.
Sales and rents for 2504 over time
2504 has sold twice; 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 2504 sits
All 61 1-beds →2504 last sold in July 2009 at AED 1,564 per sqft, in line with what one-beds in Shemara were fetching at the time (AED 1,564). 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. 2504's AED 91,500 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 25th floor
All 153 units in Shemara| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 3-bed | 1,858 sqft | AED 2.16MAED 2,163,000 · Nov 2009November 2009 | 215,000 /yr | |
| 2502 | 2-bed | 1,410 sqft | AED 2.15MAED 2,150,000 · Jun 2022June 2022 | 155,000 /yr | |
| 2503 | 1-bed | 1,073 sqft | AED 1.29MAED 1,293,000 · Dec 2012December 2012 | 130,000 /yr | |
| 2505 | 2-bed | 1,350 sqft | AED 2.75MAED 2,750,000 · Apr 2026April 2026 | 130,000 /yr |
2504, Shemara in numbers
- Sold twice: first on 21 July 2009 for AED 1,650,000, last on 21 July 2009 for AED 1,400,000 (AED 1,564 per sqft).
- Rented since May 2016 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2020 and recovered to AED 91,500 by October 2024.
- At AED 91,500 a year the gross yield on the 2009 price is 6.5%, 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 14 October 2024.
Questions about 2504, Shemara
What did unit 2504 last sell for?
AED 1,400,000 on 21 July 2009, sold by the developer: AED 1,564 per sqft for 895 sqft. The unit has 2 registered sales; the first was AED 1,650,000 in July 2009.
What is the rent for unit 2504?
AED 91,500 a year on the contract renewed on 14 October 2024. The previous contract, from October 2024, was AED 91,500; the unit has been rented since May 2016.
How big is unit 2504?
895 sqft (83.1 sqm): a one-bedroom apartment on the 25th floor of a 32-storey tower completed in 2008.
What is unit 2504 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 2504, Shemara
Starts from the last sale price (AED 1.4M, 21 July 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →