2703, Shemara
Sold prices and rental history: sold once, by the developer in November 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2703, Shemara
What is 2703 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,073 sqft
- Floor
- 27th of 32
- Parking
- P2 - 2006
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 11,900 /yr
- Last sold
- AED 1.08M · November 2011
- Building
- Shemara
About 2703, Shemara
2703 is a one-bedroom apartment of 1,073 sqft on the 27th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 14 November 2011 for AED 1,084,888, or AED 1,011 per sqft, 17% above the AED 864 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 160,000 a year: a gross yield of 14.8% on the 2011 price, before the service charge of about AED 11,900 a year.
Sales and rents for 2703 over time
2703 has sold once; 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 2703 sits
All 61 1-beds →2703 last sold in November 2011 at AED 1,011 per sqft, 17% above what one-beds in Shemara were fetching at the time (AED 864). 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. 2703's AED 160,000 is in the upper 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 27th floor
All 153 units in Shemara| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | 3-bed | 1,858 sqft | AED 4.04MAED 4,039,409 · Aug 2010August 2010 | 220,909 /yr | |
| 2702 | 2-bed | 1,410 sqft | AED 1.71MAED 1,714,888 · Sep 2011September 2011 | 173,250 /yr | |
| 2704 | 1-bed | 895 sqft | AED 1.84MAED 1,840,000 · Feb 2026February 2026 | 115,000 /yr | |
| 2705 | 2-bed | 1,350 sqft | AED 2.6MAED 2,600,000 · Mar 2024March 2024 | 100,000 /yr |
2703, Shemara in numbers
- Sold once: by Emaar on 14 November 2011 for AED 1,084,888, or AED 1,011 per sqft.
- Rented since November 2013 on 11 Ejari contracts. The rent fell from AED 155,000 to AED 86,000 in 2022 and recovered to AED 160,000 by October 2025.
- At AED 160,000 a year the gross yield on the 2011 price is 14.8%, 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 1 October 2025.
Questions about 2703, Shemara
What did unit 2703 last sell for?
AED 1,084,888 on 14 November 2011, sold by the developer: AED 1,011 per sqft for 1,073 sqft. It is the only registered sale of the unit.
What is the rent for unit 2703?
AED 160,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 120,000; the unit has been rented since November 2013.
How big is unit 2703?
1,073 sqft (99.7 sqm): a one-bedroom apartment on the 27th floor of a 32-storey tower completed in 2008.
What is unit 2703 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 2703? 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.
Mortgage on 2703, Shemara
Starts from the last sale price (AED 1.08M, 14 November 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,084,888
- Deposit, UAE resident (20%)
- AED 216,978
- Deposit, non-resident (40%)
- AED 433,955
- Monthly over 25 years at 3.7%
- AED 4,439
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →