1-bed · 895 sqftShemara, Dubai Marina · 26th floor · completed 2008

2604, Shemara

Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2604 · DLD and Ejari recordsUpdated 8 April 2022
Last soldAED 443K12 October 2010
Current rentAED 50K /yr8 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2604, Shemara

What is 2604 worth today?

Last sold for AED 442,944 in 2010

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8 Apr 2022RentedNew contract
AED 50,000/yr12 months · AED 56 per sqft
8 Apr 2021RentedNew contract
AED 50,000/yr12 months · AED 56 per sqft
14 Feb 2019RentedNew contract
AED 50,000/yr12 months · AED 56 per sqft
12 Feb 2017RentedNew contract
AED 105,000/yr12 months · AED 118 per sqft
26 Oct 2015RentedNew contract
AED 120,000/yr12 months · AED 134 per sqft
26 Sep 2014RentedNew contract
AED 125,000/yr12 months · AED 140 per sqft
23 Mar 2014RentedNew contract
AED 130,000/yr12 months · AED 146 per sqft
12 Oct 2010Sold by developerReady
AED 442,944AED 494 per sqft

Source: Dubai Land Department. Updated 8 April 2022.

Key facts

Type
1-bed apartment
Size
895 sqft
Floor
26th of 32
Parking
P1 - 1016
Developer
Emaar
Completed
2008
Service charge
AED 9,900 /yr
Last sold
AED 443K · October 2010
Building
Shemara

About 2604, Shemara

2604 is a one-bedroom apartment of 895 sqft on the 26th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 12 October 2010 for AED 442,944, or AED 494 per sqft, 44% below the AED 889 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 8 April 2022, is AED 50,000 a year: a gross yield of 11.3% on the 2010 price, before the service charge of about AED 9,900 a year.

Sales and rents for 2604 over time

Sales
Unit 2604, 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, October 2010: AED 442,944 (AED 494 per sqft)

2604 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2604, each contractTypical one-bed in Shemara
50K100K2013201720212025Typical 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, March 2014: AED 130,000 a yearNew contract, September 2014: AED 125,000 a yearNew contract, October 2015: AED 120,000 a yearNew contract, February 2017: AED 105,000 a yearNew contract, February 2019: AED 50,000 a yearNew contract, April 2021: AED 50,000 a yearNew contract, April 2022: AED 50,000 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 2604 sits

All 61 1-beds →

2604 last sold in October 2010 at AED 494 per sqft, 44% below what one-beds in Shemara were fetching at the time (AED 889). 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. 2604's AED 50,000 is at the bottom 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
26031-bedAED 1.05M · Sep 2009
26052-bedAED 2.69M · Jun 2025

2604, Shemara in numbers

  • Sold once: by Emaar on 12 October 2010 for AED 442,944, or AED 494 per sqft.
  • Rented since March 2014 on 7 Ejari contracts, from AED 130,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2010 price is 11.3%, 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 8 April 2022.

Questions about 2604, Shemara

What did unit 2604 last sell for?

AED 442,944 on 12 October 2010, sold by the developer: AED 494 per sqft for 895 sqft. It is the only registered sale of the unit.

What is the rent for unit 2604?

AED 50,000 a year on the contract signed on 8 April 2022. The previous contract, from April 2021, was AED 50,000; the unit has been rented since March 2014.

How big is unit 2604?

895 sqft (83.1 sqm): a one-bedroom apartment on the 26th floor of a 32-storey tower completed in 2008.

What is unit 2604 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 2604, Shemara

Starts from the last sale price (AED 443K, 12 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 442,944
Deposit, UAE resident (20%)
AED 88,589
Deposit, non-resident (40%)
AED 177,178
Monthly over 25 years at 3.7%
AED 1,812

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