2902, Shemara
Sold prices and rental history: sold 4 times, last in December 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2902, Shemara
What is 2902 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 16 November 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,410 sqft
- Floor
- 29th of 32
- Parking
- P2 - 2111
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 15,700 /yr
- Last sold
- AED 3.2M · December 2014
- Building
- Shemara
About 2902, Shemara
2902 is a two-bedroom apartment of 1,410 sqft on the 29th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 15 December 2014 for AED 3,200,000, or AED 2,269 per sqft, 3% above the AED 2,198 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 16 November 2020, is AED 70,000 a year: a gross yield of 2.2% on the 2014 price, before the service charge of about AED 15,700 a year.
Sales and rents for 2902 over time
2902 has sold 4 times; 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 2902 sits
All 61 2-beds →2902 last sold in December 2014 at AED 2,269 per sqft, 3% above what two-beds in Shemara were fetching at the time (AED 2,198). 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. 2902's AED 70,000 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 29th floor
All 153 units in Shemara| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 3-bed | 1,858 sqft | AED 3.57MAED 3,570,000 · Mar 2023March 2023 | 175,000 /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 |
2902, Shemara in numbers
- Sold 4 times: first on 19 October 2009 for AED 863,944, last on 15 December 2014 for AED 3,200,000 (AED 2,269 per sqft).
- Rented since October 2012 on 4 Ejari contracts, from AED 140,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2014 price is 2.2%, before a service charge of about AED 15,700 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 16 November 2020.
Questions about 2902, Shemara
What did unit 2902 last sell for?
AED 3,200,000 on 15 December 2014: AED 2,269 per sqft for 1,410 sqft. The unit has 4 registered sales; the first was AED 863,944 in October 2009.
What is the rent for unit 2902?
AED 70,000 a year on the contract signed on 16 November 2020. The previous contract, from June 2014, was AED 220,000; the unit has been rented since October 2012.
How big is unit 2902?
1,410 sqft (131.0 sqm): a two-bedroom apartment on the 29th floor of a 32-storey tower completed in 2008.
What is unit 2902 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.
Selling 2902? 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 2902, Shemara
Starts from the last sale price (AED 3.2M, 15 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,200,000
- Deposit, UAE resident (20%)
- AED 640,000
- Deposit, non-resident (40%)
- AED 1,280,000
- Monthly over 25 years at 3.7%
- AED 13,092
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →