302, Shemara
Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Shemara
What is 302 worth today?
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Source: Dubai Land Department. Updated 16 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,410 sqft
- Floor
- 3rd of 32
- Parking
- P2 - 2092
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 15,700 /yr
- Last sold
- AED 1.51M · July 2009
- Building
- Shemara
About 302, Shemara
302 is a two-bedroom apartment of 1,410 sqft on the 3rd floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 7 July 2009 for AED 1,506,888, or AED 1,068 per sqft, 27% below the AED 1,469 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 15 Ejari contracts. The current contract, renewed on 16 September 2026, is AED 133,100 a year: a gross yield of 8.8% on the 2009 price, before the service charge of about AED 15,700 a year.
Sales and rents for 302 over time
302 has sold once; 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 302 sits
All 61 2-beds →302 last sold in July 2009 at AED 1,068 per sqft, 27% below what two-beds in Shemara were fetching at the time (AED 1,469). 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. 302's AED 133,100 is in the lower half 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 3rd floor
All 153 units in Shemara302, Shemara in numbers
- Sold once: by Emaar on 7 July 2009 for AED 1,506,888, or AED 1,068 per sqft.
- Rented since May 2014 on 15 Ejari contracts. The rent fell from AED 141,750 to AED 90,000 in 2020 and recovered to AED 133,100 by September 2026.
- At AED 133,100 a year the gross yield on the 2009 price is 8.8%, 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 September 2026.
Questions about 302, Shemara
What did unit 302 last sell for?
AED 1,506,888 on 7 July 2009, sold by the developer: AED 1,068 per sqft for 1,410 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 133,100 a year on the contract renewed on 16 September 2026. The previous contract, from September 2025, was AED 121,000; the unit has been rented since May 2014.
How big is unit 302?
1,410 sqft (131.0 sqm): a two-bedroom apartment on the 3rd floor of a 32-storey tower completed in 2008.
What is unit 302 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 302, Shemara
Starts from the last sale price (AED 1.51M, 7 July 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,506,888
- Deposit, UAE resident (20%)
- AED 301,378
- Deposit, non-resident (40%)
- AED 602,755
- Monthly over 25 years at 3.7%
- AED 6,165
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →