403, Shemara
Sold prices and rental history: sold twice, last in October 2018, 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 403, Shemara
What is 403 worth today?
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Source: Dubai Land Department. Updated 28 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,073 sqft
- Floor
- 4th of 32
- Parking
- P1 - 1017
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 11,900 /yr
- Last sold
- AED 1.52M · October 2018
- Building
- Shemara
About 403, Shemara
403 is a one-bedroom apartment of 1,073 sqft on the 4th floor of Shemara, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 22 October 2018 for AED 1,515,000, or AED 1,411 per sqft, in line with the AED 1,411 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 28 March 2024, is AED 117,000 a year: a gross yield of 7.7% on the 2018 price, before the service charge of about AED 11,900 a year.
Sales and rents for 403 over time
403 has sold twice; the dashed line is the one-bed median of each year in the building.
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 403 sits
All 61 1-beds →403 last sold in October 2018 at AED 1,411 per sqft, in line with what one-beds in Shemara were fetching at the time (AED 1,411). 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. 403's AED 117,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 895 sqft | 18,610 | 20 | ||
| 27 Feb 202627 February 2026 | 895 sqft | 1,840,000 | 2,055 | ||
| 13 Jan 202613 January 2026 | 895 sqft | 38,494 | 43 | ||
| 12 Dec 202512 December 2025 | 895 sqft | 2,058,000 | 2,299 |
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 Shemara403, Shemara in numbers
- Sold twice: first on 3 April 2011 for AED 885,888, last on 22 October 2018 for AED 1,515,000 (AED 1,411 per sqft).
- Rented since March 2014 on 4 Ejari contracts, from AED 121,333 to AED 117,000 a year.
- At AED 117,000 a year the gross yield on the 2018 price is 7.7%, before a service charge of about AED 11,900 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 28 March 2024.
Questions about 403, Shemara
What did unit 403 last sell for?
AED 1,515,000 on 22 October 2018: AED 1,411 per sqft for 1,073 sqft. The unit has 2 registered sales; the first was AED 885,888 in April 2011.
What is the rent for unit 403?
AED 117,000 a year on the contract signed on 28 March 2024. The previous contract, from March 2024, was AED 117,000; the unit has been rented since March 2014.
How big is unit 403?
1,073 sqft (99.7 sqm): a one-bedroom apartment on the 4th floor of a 32-storey tower completed in 2008.
What is unit 403 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 403, Shemara
Starts from the last sale price (AED 1.52M, 22 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,515,000
- Deposit, UAE resident (20%)
- AED 303,000
- Deposit, non-resident (40%)
- AED 606,000
- Monthly over 25 years at 3.7%
- AED 6,198
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →