3-bed · 1,858 sqftShemara, Dubai Marina · 3rd floor · completed 2008

301, Shemara

Sold prices and rental history: sold twice, last in September 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 3 September 2013
Last soldAED 2.93M3 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Shemara

What is 301 worth today?

Last sold for AED 2,930,000 in 2013

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3 Sep 2013SoldReady
AED 2,930,000AED 1,576 per sqft
18 Nov 2009Sold by developerReady
AED 969,444AED 521 per sqft

Source: Dubai Land Department. Updated 3 September 2013.

Key facts

Type
3-bed apartment
Size
1,858 sqft
Floor
3rd of 32
Parking
P2 - 2072, P2 - 2073
Developer
Emaar
Completed
2008
Service charge
AED 20,600 /yr
Last sold
AED 2.93M · September 2013
Building
Shemara

About 301, Shemara

301 is a three-bedroom apartment of 1,858 sqft on the 3rd floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 3 September 2013 for AED 2,930,000, or AED 1,576 per sqft, 11% below the AED 1,762 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical three-bed in Shemara
2M4M2009201320172021Typical sale price by year: 2009 AED 2,097,888; 2010 AED 2,837,500; 2011 AED 2,261,444; 2013 AED 3,487,500; 2020 AED 2,250,000; 2022 AED 3,275,000; 2023 AED 3,600,000Sold by developer, November 2009: AED 969,444 (AED 521 per sqft)Sold, September 2013: AED 2,930,000 (AED 1,576 per sqft)

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

Rents
Unit 301, each contractTypical three-bed in Shemara
150K200K250K2013201720212025Typical rent by year: 2013 AED 230,000; 2014 AED 230,000; 2015 AED 238,674; 2016 AED 239,668; 2017 AED 230,000; 2018 AED 205,000; 2019 AED 178,000; 2020 AED 158,181; 2021 AED 150,000; 2022 AED 175,000; 2023 AED 220,000; 2024 AED 230,000; 2025 AED 230,769; 2026 AED 240,385

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 301 sits

All 30 3-beds →

301 last sold in September 2013 at AED 1,576 per sqft, 11% below what three-beds in Shemara were fetching at the time (AED 1,762). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Feb 20264,800,000
26 Sep 20254,350,000
30 Jun 20254,250,000
22 May 20244,450,000
1 3-bed sale 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 3rd floor

All 153 units in Shemara
Value
3022-bedAED 1.51M · Jul 2009
3031-bedAED 725K · Mar 2023
3041-bedAED 725K · Aug 2010
3052-bedAED 650K · Nov 2009

301, Shemara in numbers

  • Sold twice: first on 18 November 2009 for AED 969,444, last on 3 September 2013 for AED 2,930,000 (AED 1,576 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 September 2013.

Questions about 301, Shemara

What did unit 301 last sell for?

AED 2,930,000 on 3 September 2013: AED 1,576 per sqft for 1,858 sqft. The unit has 2 registered sales; the first was AED 969,444 in November 2009.

How big is unit 301?

1,858 sqft (172.6 sqm): a three-bedroom apartment on the 3rd floor of a 32-storey tower completed in 2008.

What is unit 301 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 301, Shemara

Starts from the last sale price (AED 2.93M, 3 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,930,000
Deposit, UAE resident (20%)
AED 586,000
Deposit, non-resident (40%)
AED 1,172,000
Monthly over 25 years at 3.7%
AED 11,988

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