2901, Shemara
Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2901, Shemara
What is 2901 worth today?
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Source: Dubai Land Department. Updated 3 October 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,858 sqft
- Floor
- 29th of 32
- Parking
- P3 - 3019, P3 - 3020
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,600 /yr
- Last sold
- AED 3.57M · March 2023
- Building
- Shemara
About 2901, Shemara
2901 is a three-bedroom apartment of 1,858 sqft on the 29th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 23 March 2023 for AED 3,570,000, or AED 1,921 per sqft, in line with the AED 1,883 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 3 October 2023, is AED 175,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 20,600 a year.
Sales and rents for 2901 over time
2901 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Shemara, and where 2901 sits
All 30 3-beds →2901 last sold in March 2023 at AED 1,921 per sqft, in line with what three-beds in Shemara were fetching at the time (AED 1,883). Over the last 12 months three-beds sold for AED 4,800,000, around AED 2,583 per sqft, and rent for AED 200,000 to 290,000 a year. 2901's AED 175,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 1,858 sqft | 4,800,000 | 2,583 | ||
| 26 Sep 202526 September 2025 | 1,858 sqft | 4,350,000 | 2,341 | ||
| 30 Jun 202530 June 2025 | 1,858 sqft | 4,250,000 | 2,287 | ||
| 22 May 202422 May 2024 | 1,858 sqft | 4,450,000 | 2,395 |
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 29th floor
All 153 units in Shemara| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2902 | 2-bed | 1,410 sqft | AED 3.2MAED 3,200,000 · Dec 2014December 2014 | 70,000 /yr | |
| 2903 | 1-bed | 1,073 sqft | AED 1.05MAED 1,050,000 · Feb 2023February 2023 | 98,000 /yr | |
| 2904 | 1-bed | 895 sqft | AED 19KAED 18,610 · Jul 2026July 2026 | 110,000 /yr | |
| 2905 | 2-bed | 1,350 sqft | AED 2.58MAED 2,575,000 · Dec 2025December 2025 | 127,339 /yr |
2901, Shemara in numbers
- Sold 3 times: first on 14 December 2009 for AED 1,058,444, last on 23 March 2023 for AED 3,570,000 (AED 1,921 per sqft).
- Rented since October 2021 on 4 Ejari contracts, at AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 20,600 a year (AED 11.10 per sqft).
- Three-beds in Shemara sold for AED 4,800,000–4,800,000 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 3 October 2023.
Questions about 2901, Shemara
What did unit 2901 last sell for?
AED 3,570,000 on 23 March 2023: AED 1,921 per sqft for 1,858 sqft. The unit has 3 registered sales; the first was AED 1,058,444 in December 2009.
What is the rent for unit 2901?
AED 175,000 a year on the contract renewed on 3 October 2023. The previous contract, from October 2022, was AED 175,000; the unit has been rented since October 2021.
How big is unit 2901?
1,858 sqft (172.6 sqm): a three-bedroom apartment on the 29th floor of a 32-storey tower completed in 2008.
What is unit 2901 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Shemara sold for AED 4,800,000 to 4,800,000 in the last 12 months, around AED 2,583 per sqft.
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Mortgage on 2901, Shemara
Starts from the last sale price (AED 3.57M, 23 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,570,000
- Deposit, UAE resident (20%)
- AED 714,000
- Deposit, non-resident (40%)
- AED 1,428,000
- Monthly over 25 years at 3.7%
- AED 14,606
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →