2705, Shemara
Sold prices and rental history: sold twice, last in March 2024, 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 2705, Shemara
What is 2705 worth today?
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Source: Dubai Land Department. Updated 6 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,350 sqft
- Floor
- 27th of 32
- Parking
- P2 - 2091
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 15,000 /yr
- Last sold
- AED 2.6M · March 2024
- Building
- Shemara
About 2705, Shemara
2705 is a two-bedroom apartment of 1,350 sqft on the 27th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 6 March 2024 for AED 2,600,000, or AED 1,925 per sqft, in line with the AED 1,925 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 7 December 2022, is AED 100,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 15,000 a year.
Sales and rents for 2705 over time
2705 has sold twice; 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 2705 sits
All 61 2-beds →2705 last sold in March 2024 at AED 1,925 per sqft, in line with what two-beds in Shemara were fetching at the time (AED 1,925). 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. 2705's AED 100,000 is at the bottom 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 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 | |
| 2703 | 1-bed | 1,073 sqft | AED 1.08MAED 1,084,888 · Nov 2011November 2011 | 160,000 /yr | |
| 2704 | 1-bed | 895 sqft | AED 1.84MAED 1,840,000 · Feb 2026February 2026 | 115,000 /yr |
2705, Shemara in numbers
- Sold twice: first on 14 November 2011 for AED 1,513,888, last on 6 March 2024 for AED 2,600,000 (AED 1,925 per sqft).
- Rented since May 2013 on 9 Ejari contracts, from AED 110,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2024 price is 3.9%, 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 6 March 2024.
Questions about 2705, Shemara
What did unit 2705 last sell for?
AED 2,600,000 on 6 March 2024: AED 1,925 per sqft for 1,350 sqft. The unit has 2 registered sales; the first was AED 1,513,888 in November 2011.
What is the rent for unit 2705?
AED 100,000 a year on the contract renewed on 7 December 2022. The previous contract, from December 2021, was AED 100,000; the unit has been rented since May 2013.
How big is unit 2705?
1,350 sqft (125.4 sqm): a two-bedroom apartment on the 27th floor of a 32-storey tower completed in 2008.
What is unit 2705 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 2705, Shemara
Starts from the last sale price (AED 2.6M, 6 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →