1-bed · 1,073 sqftShemara, Dubai Marina · 26th floor · completed 2008

2603, Shemara

Sold prices and rental history: sold once, by the developer in September 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 25 October 2025
Last soldAED 1.05M28 September 2009
Current rentAED 125K /yr25 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Shemara

What is 2603 worth today?

Last sold for AED 1,048,444 in 2009

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25 Oct 2025RentedNew contract
AED 125,000/yr12 months · AED 116 per sqft
10 Oct 2024RentedRenewal
AED 115,000/yr12 months · AED 108 per sqft
10 Oct 2024RentedRenewal
AED 115,000/yr12 months · AED 108 per sqft
10 Oct 2023RentedNew contract
AED 115,000/yr12 months · AED 108 per sqft
10 Oct 2022RentedRenewal
AED 95,000/yr12 months · AED 88 per sqft
10 Oct 2018RentedNew contract
AED 105,000/yr12 months · AED 98 per sqft
28 Aug 2016RentedNew contract
AED 125,000/yr12 months · AED 116 per sqft
28 Dec 2015RentedRenewal
AED 125,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 25 October 2025.

Key facts

Type
1-bed apartment
Size
1,073 sqft
Floor
26th of 32
Parking
P1 - 1070
Developer
Emaar
Completed
2008
Service charge
AED 11,900 /yr
Last sold
AED 1.05M · September 2009
Building
Shemara

About 2603, Shemara

2603 is a one-bedroom apartment of 1,073 sqft on the 26th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 28 September 2009 for AED 1,048,444, or AED 977 per sqft, 8% above the AED 903 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 25 October 2025, is AED 125,000 a year: a gross yield of 11.9% on the 2009 price, before the service charge of about AED 11,900 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, 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, September 2009: AED 1,048,444 (AED 977 per sqft)

2603 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2603, each contractTypical one-bed in Shemara
75K100K125K2012201620202024Typical 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, December 2012: AED 105,000 a yearNew contract, December 2014: AED 125,000 a yearRenewal, December 2015: AED 125,000 a yearNew contract, August 2016: AED 125,000 a yearNew contract, October 2018: AED 105,000 a yearRenewal, October 2022: AED 95,000 a yearNew contract, October 2023: AED 115,000 a yearRenewal, October 2024: AED 115,000 a yearRenewal, October 2024: AED 115,000 a yearNew contract, October 2025: AED 125,000 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 2603 sits

All 61 1-beds →

2603 last sold in September 2009 at AED 977 per sqft, 8% 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. 2603's AED 125,000 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 26th floor

All 153 units in Shemara
Value
26013-bedAED 3.4M · Sep 2016
26022-bedAED 3.1M · Dec 2023
26041-bedAED 443K · Oct 2010
26052-bedAED 2.69M · Jun 2025

2603, Shemara in numbers

  • Sold once: by Emaar on 28 September 2009 for AED 1,048,444, or AED 977 per sqft.
  • Rented since December 2012 on 10 Ejari contracts, from AED 105,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2009 price is 11.9%, 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 25 October 2025.

Questions about 2603, Shemara

What did unit 2603 last sell for?

AED 1,048,444 on 28 September 2009, sold by the developer: AED 977 per sqft for 1,073 sqft. It is the only registered sale of the unit.

What is the rent for unit 2603?

AED 125,000 a year on the contract signed on 25 October 2025. The previous contract, from October 2024, was AED 115,000; the unit has been rented since December 2012.

How big is unit 2603?

1,073 sqft (99.7 sqm): a one-bedroom apartment on the 26th floor of a 32-storey tower completed in 2008.

What is unit 2603 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 2603, Shemara

Starts from the last sale price (AED 1.05M, 28 September 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,048,444
Deposit, UAE resident (20%)
AED 209,689
Deposit, non-resident (40%)
AED 419,378
Monthly over 25 years at 3.7%
AED 4,290

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