402, Shemara
Sold prices and rental history: sold once, by the developer in February 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Shemara
What is 402 worth today?
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Source: Dubai Land Department. Updated 14 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,410 sqft
- Floor
- 4th of 32
- Parking
- P4 - 4090
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 15,700 /yr
- Last sold
- AED 778K · February 2010
- Building
- Shemara
About 402, Shemara
402 is a two-bedroom apartment of 1,410 sqft on the 4th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 11 February 2010 for AED 777,944, or AED 551 per sqft, 44% below the AED 991 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, signed on 14 September 2025, is AED 155,000 a year: a gross yield of 19.9% on the 2010 price, before the service charge of about AED 15,700 a year.
Sales and rents for 402 over time
402 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 402 sits
All 61 2-beds →402 last sold in February 2010 at AED 551 per sqft, 44% below what two-beds in Shemara were fetching at the time (AED 991). 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. 402's AED 155,000 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 4th floor
All 153 units in Shemara402, Shemara in numbers
- Sold once: by Emaar on 11 February 2010 for AED 777,944, or AED 551 per sqft.
- Rented since January 2016 on 11 Ejari contracts. The rent fell from AED 150,000 to AED 85,000 in 2020 and recovered to AED 155,000 by September 2025.
- At AED 155,000 a year the gross yield on the 2010 price is 19.9%, 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 14 September 2025.
Questions about 402, Shemara
What did unit 402 last sell for?
AED 777,944 on 11 February 2010, sold by the developer: AED 551 per sqft for 1,410 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 155,000 a year on the contract signed on 14 September 2025. The previous contract, from May 2025, was AED 155,000; the unit has been rented since January 2016.
How big is unit 402?
1,410 sqft (131.0 sqm): a two-bedroom apartment on the 4th floor of a 32-storey tower completed in 2008.
What is unit 402 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 402, Shemara
Starts from the last sale price (AED 778K, 11 February 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 777,944
- Deposit, UAE resident (20%)
- AED 155,589
- Deposit, non-resident (40%)
- AED 311,178
- Monthly over 25 years at 3.7%
- AED 3,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →