3-bed · 929 sqftShemara, Dubai Marina · 4th floor · completed 2008

401, Shemara

Sold prices and rental history: sold once, by the developer in September 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 22 September 2011
Last soldAED 3.17M22 September 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Shemara

What is 401 worth today?

Last sold for AED 3,170,000 in 2011

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22 Sep 2011Sold by developerReady
AED 3,170,000AED 1,706 per sqft

Source: Dubai Land Department. Updated 22 September 2011.

Key facts

Type
3-bed apartment
Size
929 sqft
Floor
4th of 32
Parking
P4 - 4080, P4 -4081
Developer
Emaar
Completed
2008
Service charge
AED 10,300 /yr
Last sold
AED 3.17M · September 2011
Building
Shemara

About 401, Shemara

401 is a three-bedroom apartment of 929 sqft on the 4th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 22 September 2011 for AED 3,170,000, or AED 1,706 per sqft, 22% above the AED 1,404 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical three-bed in Shemara
2M3M2009201320172021Typical 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, September 2011: AED 3,170,000 (AED 1,706 per sqft)

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

Rents
Unit 401, 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 401 sits

All 30 3-beds →

401 last sold in September 2011 at AED 1,706 per sqft, 22% above what three-beds in Shemara were fetching at the time (AED 1,404). 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 4th floor

All 153 units in Shemara
Value
4022-bedAED 778K · Feb 2010
4031-bedAED 1.52M · Oct 2018
4041-bedAED 1.73M · Oct 2024
4052-bedAED 2.53M · Mar 2024

401, Shemara in numbers

  • Sold once: by Emaar on 22 September 2011 for AED 3,170,000, or AED 1,706 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 22 September 2011.

Questions about 401, Shemara

What did unit 401 last sell for?

AED 3,170,000 on 22 September 2011, sold by the developer: AED 1,706 per sqft for 929 sqft. It is the only registered sale of the unit.

How big is unit 401?

929 sqft (86.3 sqm): a three-bedroom apartment on the 4th floor of a 32-storey tower completed in 2008.

What is unit 401 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 401, Shemara

Starts from the last sale price (AED 3.17M, 22 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 3,170,000
Deposit, UAE resident (20%)
AED 634,000
Deposit, non-resident (40%)
AED 1,268,000
Monthly over 25 years at 3.7%
AED 12,969

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