1-bed · 911 sqftShemara, Dubai Marina · 31st floor · completed 2008

3101, Shemara

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3101 · DLD and Ejari recordsUpdated 10 October 2023
Last soldAED 1.89M10 October 2023
Current rentAED 90K /yr30 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3101, Shemara

What is 3101 worth today?

Last sold for AED 1,885,000 in 2023

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10 Oct 2023SoldReady
AED 1,885,000AED 2,069 per sqft
30 Sep 2023RentedRenewal
AED 90,000/yr4 months · AED 98 per sqft
30 Sep 2022RentedRenewal
AED 85,000/yr12 months · AED 93 per sqft
30 Sep 2021RentedNew contract
AED 80,000/yr12 months · AED 87 per sqft
10 Jun 2021RentedNew contract
AED 76,000/yr12 months · AED 83 per sqft
26 Nov 2020RentedNew contract
AED 75,000/yr12 months · AED 82 per sqft
1 Dec 2010Sold by developerReady
AED 1,030,000AED 1,130 per sqft
1 Dec 2010SoldReady
AED 2,111,500AED 2,317 per sqft

Source: Dubai Land Department. Updated 10 October 2023.

Key facts

Type
1-bed apartment
Size
911 sqft
Floor
31st of 32
Parking
P2 - 2099
Developer
Emaar
Completed
2008
Service charge
AED 10,100 /yr
Last sold
AED 1.89M · October 2023
Building
Shemara

About 3101, Shemara

3101 is a one-bedroom apartment of 911 sqft on the 31st floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 10 October 2023 for AED 1,885,000, or AED 2,069 per sqft, 35% above the AED 1,537 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 30 September 2023, is AED 90,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 10,100 a year.

Sales and rents for 3101 over time

Sales
Unit 3101, 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, December 2010: AED 1,030,000 (AED 1,130 per sqft)Sold, December 2010: AED 2,111,500 (AED 2,317 per sqft)Sold, October 2023: AED 1,885,000 (AED 2,069 per sqft)

3101 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3101, each contractTypical one-bed in Shemara
75K100K125K2013201720212025Typical 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, November 2020: AED 75,000 a yearNew contract, June 2021: AED 76,000 a yearNew contract, September 2021: AED 80,000 a yearRenewal, September 2022: AED 85,000 a yearRenewal, September 2023: AED 90,000 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 3101 sits

All 61 1-beds →

3101 last sold in October 2023 at AED 2,069 per sqft, 35% above what one-beds in Shemara were fetching at the time (AED 1,537). 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. 3101's AED 90,000 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 31st floor

All 153 units in Shemara
Value
31022-bedAED 2.85M · Feb 2014
31032-bedAED 2.9M · Jan 2026
31041-bedAED 2.15M · Feb 2025
31051-bedAED 881K · Aug 2010

3101, Shemara in numbers

  • Sold 3 times: first on 1 December 2010 for AED 2,111,500, last on 10 October 2023 for AED 1,885,000 (AED 2,069 per sqft).
  • Rented since November 2020 on 5 Ejari contracts, from AED 75,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 10,100 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 10 October 2023.

Questions about 3101, Shemara

What did unit 3101 last sell for?

AED 1,885,000 on 10 October 2023: AED 2,069 per sqft for 911 sqft. The unit has 3 registered sales; the first was AED 2,111,500 in December 2010.

What is the rent for unit 3101?

AED 90,000 a year on the contract renewed on 30 September 2023. The previous contract, from September 2022, was AED 85,000; the unit has been rented since November 2020.

How big is unit 3101?

911 sqft (84.6 sqm): a one-bedroom apartment on the 31st floor of a 32-storey tower completed in 2008.

What is unit 3101 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 3101, Shemara

Starts from the last sale price (AED 1.89M, 10 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,885,000
Deposit, UAE resident (20%)
AED 377,000
Deposit, non-resident (40%)
AED 754,000
Monthly over 25 years at 3.7%
AED 7,712

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