1-bed · 1,073 sqftShemara, Dubai Marina · 29th floor · completed 2008

2903, Shemara

Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2903 · DLD and Ejari recordsUpdated 30 July 2025
Last soldAED 1.05M7 February 2023
Current rentAED 98K /yr30 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2903, Shemara

What is 2903 worth today?

Last sold for AED 1,050,000 in 2023

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30 Jul 2025RentedNew contract
AED 98,000/yr12 months · AED 92 per sqft
30 Jul 2024RentedRenewal
AED 98,000/yr12 months · AED 91 per sqft
30 Jul 2024RentedRenewal
AED 98,000/yr12 months · AED 91 per sqft
30 Jul 2023RentedNew contract
AED 91,000/yr12 months · AED 85 per sqft
7 Feb 2023SoldReady
AED 1,050,000AED 978 per sqft
31 Jul 2021RentedNew contract
AED 87,000/yr12 months · AED 81 per sqft
12 Jul 2015Sold by developerReady
AED 2,500,000AED 2,330 per sqft
15 Sep 2014RentedNew contract
AED 100,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 30 July 2025.

Key facts

Type
1-bed apartment
Size
1,073 sqft
Floor
29th of 32
Parking
P2 - 2008
Developer
Emaar
Completed
2008
Service charge
AED 11,900 /yr
Last sold
AED 1.05M · February 2023
Building
Shemara

About 2903, Shemara

2903 is a one-bedroom apartment of 1,073 sqft on the 29th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 7 February 2023 for AED 1,050,000, or AED 978 per sqft, 31% below the AED 1,424 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 30 July 2025, is AED 98,000 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 11,900 a year.

Sales and rents for 2903 over time

Sales
Unit 2903, 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, July 2015: AED 2,500,000 (AED 2,330 per sqft)Sold, February 2023: AED 1,050,000 (AED 978 per sqft)

2903 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2903, each contractTypical one-bed in Shemara
80K100K120K2013201720212025Typical 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, September 2013: AED 100,000 a yearNew contract, September 2014: AED 100,000 a yearNew contract, July 2021: AED 87,000 a yearNew contract, July 2023: AED 91,000 a yearRenewal, July 2024: AED 98,000 a yearRenewal, July 2024: AED 98,000 a yearNew contract, July 2025: AED 98,000 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 2903 sits

All 61 1-beds →

2903 last sold in February 2023 at AED 978 per sqft, 31% below what one-beds in Shemara were fetching at the time (AED 1,424). 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. 2903's AED 98,000 is in the lower half 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 29th floor

All 153 units in Shemara
Value
29013-bedAED 3.57M · Mar 2023
29022-bedAED 3.2M · Dec 2014
29041-bedAED 19K · Jul 2026
29052-bedAED 2.58M · Dec 2025

2903, Shemara in numbers

  • Sold twice: first on 12 July 2015 for AED 2,500,000, last on 7 February 2023 for AED 1,050,000 (AED 978 per sqft).
  • Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 87,000 in 2021 and recovered to AED 98,000 by July 2025.
  • At AED 98,000 a year the gross yield on the 2023 price is 9.3%, 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 30 July 2025.

Questions about 2903, Shemara

What did unit 2903 last sell for?

AED 1,050,000 on 7 February 2023: AED 978 per sqft for 1,073 sqft. The unit has 2 registered sales; the first was AED 2,500,000 in July 2015.

What is the rent for unit 2903?

AED 98,000 a year on the contract signed on 30 July 2025. The previous contract, from July 2024, was AED 98,000; the unit has been rented since September 2013.

How big is unit 2903?

1,073 sqft (99.7 sqm): a one-bedroom apartment on the 29th floor of a 32-storey tower completed in 2008.

What is unit 2903 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 2903, Shemara

Starts from the last sale price (AED 1.05M, 7 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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